MORTGAGE SERVICE COMPANY PAYMENT & RECEIVABLES PROCESSING

Agency: The City of New York
State: New York
Type of Government: State & Local
NAICS Category:
  • 541611 - Administrative Management and General Management Consulting Services
Posted Date: Mar 28, 2025
Due Date: Apr 21, 2025
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Title: Mortgage Service Company Payment & Receivables Processing

Procurement
Section

Finance (DOF)
Agency Name

Treasury and Payment Services
Agency Division

Current
Status

Services (other than human services)
Category

Competitive Sealed Bids
Selection Method

3/28/2025
Publication Date

Solicitation
Notice Type

PIN#83625B0001 Due: 4/21/2025 3:00 PM

PIN - Due Date

Bid opening Location - Virtual Bid Opening via Teams https://rb.gy/h1lmc8
Pre bid conference location -Virtual Pre-Bid Conference https://rb.gy/7aboup
Mandatory: no
Date/Time - 2025-04-07 11:00:00
Other Information
Attachments

Please visit https://passport.cityofnewyork.us/page.aspx/en/bpm/process_manage_extranet/28249 to view the documents of this solicitation.
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 including the release date and pre-bid conference (optional).

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

* Disclaimer: This website provides information about bids, requests for proposals (RFPs), or requests for qualifications (RFQs) for convenience only and does not serve as an official public notice. Individuals who wish to respond to or inquire about bids, RFPs, or RFQs should contact the relevant government department directly.

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