State of Vermont, Department of Public Service - Vermont Universal Service Fund Fiscal Agent RFP 2026
Vermont Department of Public Service | State of VermontState · Montpelier, VT- Due
- Apr 3, 2026
- Deadline passed
- Posted
- Mar 6, 2026
- Contract term
- 3 years
- Primary contact
- Hunter Thompson
- (802) 828-2811
The 30-second brief
The State of Vermont, Department of Public Service seeks proposals from qualified companies or individuals to serve as the Fiscal Agent for the Vermont Universal Service Fund (VUSF) and Connectivity Fund under 30 V.S.A. §§ 7501-7525. The Fiscal Agent acts as a financial point of contact responsible for collecting revenue and carrier remittances from approximately 400 telecommunications service providers, managing lockbox deposits, holding funds in trust, investing cash resources, making disbursements to major programs including VTRS, E-911, 988 Suicide and Crisis Lifeline, Lifeline, and the Connectivity Fund, conducting carrier audits, managing delinquencies, and producing financial and annual revenue forecast reports. The initial contract period is for three years with an anticipated start date of July 1, 2026. Proposals are due by April 3, 2026 at 4:30 PM (EST), with questions due by March 20, 2026 at 4:30 PM (EST).
Project approach and methodology, qualifications and experience, ability to provide services within defined timeline, cost, success in completing similar projects
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Summary
The State of Vermont, Department of Public Service seeks proposals from qualified companies or individuals to serve as the Fiscal Agent for the Vermont Universal Service Fund (VUSF) and Connectivity Fund under 30 V.S.A. §§ 7501-7525.
The Fiscal Agent acts as a financial point of contact responsible for collecting revenue and carrier remittances from approximately 400 telecommunications service providers, managing lockbox deposits, holding funds in trust, investing cash resources, making disbursements to major programs including VTRS, E-911, 988 Suicide and Crisis Lifeline, Lifeline, and the Connectivity Fund, conducting carrier audits, managing delinquencies, and producing financial and annual revenue forecast reports. The initial contract period is for three years with an anticipated start date of July 1, 2026. Proposals are due by April 3, 2026 at 4:30 PM (EST), with questions due by March 20, 2026 at 4:30 PM (EST).
EVALUATION CRITERIA
5- Project approach and methodology
- Qualifications and experience
- Ability to provide services within defined timeline
- Cost
- Success in completing similar projects
REQUIRED ATTACHMENTS
9- Cover Letter
- Technical Response
- Redacted Technical Response
- References
- Price Schedule
- Signed Certificate of Compliance
- Certificate of Insurance
- IRS Form W-9
- Fiduciary Liability Bond
- Submit to
- [email protected]
- Scope location
- Montpelier, VT
- Reported agency
- State of Vermont
Questions about this RFP
How do I respond to this RFP from Vermont Department of Public Service | State of Vermont?
Review the full solicitation document for submission requirements, evaluation criteria, and deadlines. The submission deadline is April 3, 2026. Be sure to include all required attachments as outlined in the solicitation. Submissions should be delivered to: [email protected]. For questions, contact Hunter Thompson.
Can small businesses or minority-owned firms bid on this RFP?
Most government agencies, including Vermont Department of Public Service | State of Vermont in VT, 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 RFP 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 Hunter Thompson at (802) 828-2811. 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: "Project approach and methodology, qualifications and experience, ability to provide services within defined timeline, cost, success in completing similar projects" Vendors should carefully align their proposals with each criterion to maximize their score.
Where can I find more RFPs from Vermont Department of Public Service | State of Vermont?
All active and historical solicitations from Vermont Department of Public Service | State of Vermont are tracked and searchable. As a state agency, Vermont Department of Public Service | State of Vermont 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 3 years. Contract terms may include renewal options.
What documents are required to bid on this RFP?
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: Cover Letter, Technical Response, Redacted Technical Response, References, Price Schedule, Signed Certificate of Compliance, Certificate of Insurance, IRS Form W-9, Fiduciary Liability Bond. Review the full document from Vermont Department of Public Service | State of Vermont for the complete list.
What is the scope of this project?
This solicitation defines a specific project scope. The scope covers the following locations: Montpelier, VT. Review the full solicitation for detailed scope requirements.