Institutional Trustee Services

The government authority in New Mexico is seeking institutional trustees to provide comprehensive trustee, registrar, paying agent, and related fiduciary services. This agency requires these services in connection with its current and future bond issuances and financing programs. The selected trustee must demonstrate the capacity, experience, internal controls, technological capabilities, and service model necessary to ensure accurate administration of bond funds. The scope of work demands strict compliance with governing indentures and applicable law, proactive reserve and covenant monitoring, and timely reporting. The agency also requires secure data management and responsive support to the district and its professional advisors. All performance of the work will take place offsite. Only onshore organizations based in the United States are eligible to submit proposals for this opportunity. The agency is currently looking for proposals to determine the budget for these services. The source document does not specify key dates or detailed evaluation criteria for this procurement.