State of Ohio ProcurementDue: July 1, 2025 at 05:00 PM UTCIn-ActivePublic NoticeSource Url
Summary
The State of Ohio is issuing a Request for Proposals for Trustees and Loan Services, aimed at engaging qualified financial institutions that are accredited and insured. The selected contractors will be responsible for managing federal funds, which includes receiving, tracking, accounting, disbursing, collecting, and reporting these funds in compliance with federal funding agreements. The primary borrowers for these services will be commercial entities or local government organizations involved in qualified projects. This opportunity is ideal for financial institutions with experience in federal fund management and a strong compliance background.
Description
As part of successful compliance with the federal awards, the Authority is seeking qualified, accredited, and insured financial institutions to serve as Trustees and Loan Servicers to receive, track, account, disburse, collect, and report federal funds on behalf of the Authority in the successful co