Financial Services

The California government authority is seeking a vendor to provide comprehensive financial services for its auctions and reserve sales. The agency requires these services to support multi-jurisdiction joint allowance auctions and potential joint auctions, both of which are anticipated or currently held on a quarterly basis. Additionally, the scope of work covers jurisdiction-specific allowance auctions, such as quarterly state auctions, and potential jurisdiction-specific reserve sales held on an ad hoc basis when prerequisite conditions are met. The agency restricts eligibility to onshore organizations based exclusively in the United States. The selected vendor will perform all required work offsite. The agency is currently looking for proposals to determine the budget and financial structure of the contract. Interested parties must submit all questions regarding this opportunity no later than June 26, 2026. The agency will evaluate proposals based on the submitted bids, though specific weighted evaluation criteria are not detailed in the initial solicitation.