Counterparty Risk Monitoring

Agency: Montgomery County
State: Maryland
Type of Government: State & Local
Posted Date: Nov 2, 2023
Due Date: Nov 9, 2023
Solicitation No: 1162499
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Informal Solicitation Details


This Solicitation is Reserved for the Local Small Business Reserve Program

Informal Number
1162499
Closing Date
Nov 9 2023 5:00PM
Title
Counterparty Risk Monitoring
Contact
Nicole Gyapong
+1 2407778861
Nicole.Gyapong@montgomerycountymd.gov
Scope

The Montgomery County Department of Finance (the ‘Department’) is seeking to retain the services of a qualified independent firm to create a methodology and the necessary tools and training for the Department to review the financial statements of bank and broker-dealer counterparties, to monitor counterparty risk, and maintain compliance with the County’s investment policy.  Once the methodology, tools, and training are delivered under the Contract, if any, resulting from this solicitation, the Department expects the selected firm to provide support for the financial review process when financial counterparties deliver their annual reports.

Please contact Nicole Gyapong at +1 2407778861 with questions or to receive a copy of the informal solicitation.

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