MSC Payments & Receivables Processing

Project Information

Bid Title
MSC Payments & Receivables Processing
Issuing Agency
City of New York
Location
New York
Published Date
Jun 10, 2026
Closing Date
Jul 13, 2026
Government Level
State & Local
Status
Closed
Ref. #
83626B0002
Original Source
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Project Description
Program: TREASURY AND PAYMENT SERVICES
Industry: Standard Services
EPIN: 83626B0002
Procurement Name: MSC Payments & Receivables Processing
Agency: DEPARTMENT OF FINANCE
RFx Status: Released
Procurement Method: Competitive Sealed Bid
Release Date: 6/10/2026 8:15:00 AM
Due Date: 7/13/2026 3:00:00 PM
Main Commodity: Cash Management Services

Show / Hide : Summary Summary
EPIN
83626B0002
Release Date
6/10/2026 8:15:00 AM (Your Local Time)
Estimated Number of Contracts
1.00
Estimated Procurement Value
544,785.00
Agency
DEPARTMENT OF FINANCE
Agency Contact First Name
Hamant
Agency Contact Last Name
Salaiman
Agency Contact Email
salaimanh@finance.nyc.gov
Concept Report
RFx Title
MSC Payments & Receivables Processing
RFx Status
Released
Show / Hide : Description 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 taxpayer’s 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 City’s 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
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 taxpayer’s 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 City’s 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
Show / Hide : Key Dates Key Dates
Anticipated Contract Start Date (M/d/yyyy)
11/13/2026
Anticipated Contract End Date (M/d/yyyy)
11/12/2032
Release Date (M/d/yyyy)
6/10/2026
Due Date (M/d/yyyy)
7/13/2026
Bid Opening Date (M/d/yyyy)
7/13/2026
3:15:00 PM
Questions Due Date (M/d/yyyy) Agency Users may not respond to your question if it is submitted after this date.
6/26/2026
Show / Hide : Documents Documents
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