Massachusetts State Lottery Commission - On-Going Pre-Qualification of STRIPS/Annuity Participating Firms - RFQ 2504 - BD-25-1062-LOT-LOTDO-107424 (2024)
Massachusetts State Lottery | Commonwealth of MassachusettsState · Boston, MA- Due
- Jan 31, 2030
- 1176 days left
- Posted
- Sep 19, 2024
- Contract term
- 5 years
- Primary contact
- Lee C. Conroy
- (781) 849-5555
The 30-second brief
The Massachusetts State Lottery Commission is seeking qualified firms to enter into purchase agreements to provide Zero Coupon Non-Callable U.S. Government Securities, commonly referred to as STRIPS (Separate Trading of Registered Interest and Principal of Securities), to fund jackpot prizes paid as annuities. This open and rolling RFQ aims to pre-qualify firms for competitive offering processes through January 31, 2030. Eligible firms must be designated Government Securities Dealers, maintain excess net capital of $250 million or greater, and have at least five years of experience in purchasing STRIPS. Responses must be submitted through COMMBUYS under solicitation BD-25-1062-LOT-LOTDO-107424 / RFQ LOT Number 2504.
Mandatory specifications review, Invest in Massachusetts Data Form review, Supplier Diversity Program review
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Summary
The Massachusetts State Lottery Commission is seeking qualified firms to enter into purchase agreements to provide Zero Coupon Non-Callable U.S. Government Securities, commonly referred to as STRIPS (Separate Trading of Registered Interest and Principal of Securities), to fund jackpot prizes paid as annuities.
This open and rolling RFQ aims to pre-qualify firms for competitive offering processes through January 31, 2030. Eligible firms must be designated Government Securities Dealers, maintain excess net capital of $250 million or greater, and have at least five years of experience in purchasing STRIPS. Responses must be submitted through COMMBUYS under solicitation BD-25-1062-LOT-LOTDO-107424 / RFQ LOT Number 2504.
EVALUATION CRITERIA
3- Mandatory specifications review
- Invest in Massachusetts Data Form review
- Supplier Diversity Program review
REQUIRED ATTACHMENTS
Commonwealth Terms and Conditions - Attachment A,Standard Contract Form - Attachment B,Request for Taxpayer Identification and Certification (MA Substitute W-9 Form) - Attachment D,Certificate of Compliance - Attachment E,Business Reference Form - Attachment F,Supplier Diversity Program (SDP) Forms - Attachment G,Invest in Massachusetts Data Form - Attachment J,Certificate of Non-Collusion,Commonwealth of MSLC's Disclosure Statement - Attachment L,Certification of Compliance Concerning Personal Information and Personal Data Form - Attachment M,Certificate of Compliance Concerning Conflicts of Interest - Attachment N
- Submit to
- www.COMMBUYS.com
- Duration
- 84 months
- Scope location
- Dorchester, MA
- Reported agency
- Massachusetts State Lottery Commission
Questions about this RFQ
How do I respond to this RFQ from Massachusetts State Lottery | Commonwealth of Massachusetts?
Review the full solicitation document for submission requirements, evaluation criteria, and deadlines. The submission deadline is January 31, 2030. Be sure to include all required attachments as outlined in the solicitation. Submissions should be delivered to: www.COMMBUYS.com. For questions, contact Lee C. Conroy.
Can small businesses or minority-owned firms bid on this RFQ?
Most government agencies, including Massachusetts State Lottery | Commonwealth of Massachusetts in MA, encourage participation from small businesses, minority-owned, women-owned, and disadvantaged business enterprises (MBE/WBE/DBE). Check the full solicitation for any small business participation goals.
What happens after the RFQ submission deadline?
After the deadline, the issuing agency reviews all submissions against the stated evaluation criteria. This typically includes a compliance check, technical evaluation, cost analysis, and may involve oral presentations with shortlisted vendors.
Can I ask questions about this solicitation before submitting?
Yes, most solicitations allow vendors to submit questions during a designated period. The primary contact is Lee C. Conroy at (781) 849-5555. Questions and answers are typically shared with all prospective bidders.
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What are the evaluation criteria for this solicitation?
This solicitation includes specific evaluation criteria that will be used to score proposals. The criteria include: "Mandatory specifications review, Invest in Massachusetts Data Form review, Supplier Diversity Program review" Vendors should carefully align their proposals with each criterion to maximize their score.
Where can I find more RFPs from Massachusetts State Lottery | Commonwealth of Massachusetts?
All active and historical solicitations from Massachusetts State Lottery | Commonwealth of Massachusetts are tracked and searchable. As a state agency, Massachusetts State Lottery | Commonwealth of Massachusetts regularly publishes solicitations. Visit the agency profile to see current open bids, past contracts, vendor relationships, and decision-maker contacts.
What is the contract term for this solicitation?
The anticipated contract term is 5 years. Contract terms may include renewal options.
Is this solicitation still open for submissions?
Based on the posted deadline of January 31, 2030, this solicitation appears to still be accepting submissions. Deadlines may change through amendments or addenda, so always verify the current status directly with the issuing agency before preparing your response.
What documents are required to bid on this RFQ?
Requirements vary by solicitation, but common documents include a technical proposal, cost/price proposal, proof of insurance, relevant certifications, past performance references, and any forms specified in the solicitation. This solicitation specifically requires the following attachments: Commonwealth Terms and Conditions - Attachment A,Standard Contract Form - Attachment B,Request for Taxpayer Identification and Certification (MA Substitute W-9 Form) - Attachment D,Certificate of Comp. Review the full document from Massachusetts State Lottery | Commonwealth of Massachusetts for the complete list.
What is the scope of this project?
This solicitation defines a specific project scope. The scope covers the following locations: Dorchester, MA. Review the full solicitation for detailed scope requirements.