MSC Payments & Receivables Processing
About This Opportunity
This is a services contract in the finance and banking sector. Located in United States, North America, this opportunity is open to firms and consortiums. Proposals must be submitted before July 13, 2026.
Published through NYC Open Data, a national government procurement portal. Public procurement tenders follow the country's national bidding regulations and may have specific eligibility and documentation requirements for services in the finance and banking sector. Service contracts are typically evaluated on both technical quality and price, and may require bidders to demonstrate relevant experience and qualified personnel. Interested parties should review the full documentation on the original source before submitting their proposal.
Description
The New York City Department of Finance ('DOF'), as part of the collection process for escrowed real property taxes and related charges, is seeking a qualified contractor for the process of validating, aggregating, and consolidating files received from Mortgage Service Companies (MSCs), matching the MSC files payment totals to a single payment made via Fedwire, and producing a consolidated output file for DOF to post payment records to taxpayers accounts. Contractors who are able to demonstrate sufficient expertise and experience in providing such services in a legal and ethical manner are invited to bid. This Competitive Sealed Bid (RFx) is being released through PASSPort, New York Citys online procurement portal. Responses to this RFx should be submitted via PASSPort. To access the solicitation, vendors should visit the PASSPort Public Portal at https://www.nyc.gov/site/mocs/passport/about-passport.page and click on the PASSPort Public or 'Procurement Navigator' blue box. This will take you to the Public Portal of all procurements in the PASSPort system. To quickly locate the RFx, insert the EPIN into the Keywords search field for additional details. This procurement is subject to Local Law 1 - M/WBE. Please submit your proposals by both acknowledging the receipt of the RFx in the Acknowledgement tab and completing your response in the Manage Responses tab. Vendor resources and materials can be found at the link below under the Finding and Responding to RFx heading. https://www.nyc.gov/site/mocs/passport/getting-started-with-passport.page If you require any assistance with PASSPort, please contact the MOCS Service Desk at https://mocssupport.atlassian.net/servicedesk/customer/portal/8
Data provenance
This notice is sourced from NYC Open Data and was originally published on June 10, 2026. Last refreshed 2 days ago. BidsFactory mirrors official procurement notices and links back to the source for full legal text.
About Finance
Finance has issued 240 procurement notices on BidsFactory, including 3 currently open and 218 awarded contracts. Activity concentrates in Finance & Banking, Information & Communication Technology, and Governance & Public Administration. Tenders span 2 countries including United States and Canada. Notices are distributed via NYC City Record, Nova Scotia Tenders, and NYC Open Data. Most recent publication: June 17, 2026.
Frequently asked questions about this tender
Where will the contract be performed?
The contract is for delivery in United States. Foreign bidders should review local registration, taxation, and any in-country presence requirements before submitting.
How can I submit a bid?
Visit NYC Open Data to access the full notice, required documents, and submission instructions provided by the contracting authority.
When does this tender close?
The submission deadline is July 13, 2026. You have 20 days left to prepare and submit your proposal to the contracting authority.
Who is the contracting authority?
This notice was issued by Finance in United States. The authority is responsible for evaluating bids, awarding the contract, and managing performance.
What type of contract is this?
This is a Services contract in the Finance & Banking sector. The classification helps bidders match the opportunity to their qualifications and registered scope of supply.
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