Fiscal Agent Services

The City of Albuquerque, New Mexico, is seeking a fiscal agent to provide centralized financial administration services for federally and state-funded community programs. This agent will serve as a trusted financial intermediary to manage the receipt, disbursement, and reporting of project funds. The goal of this initiative is to enhance efficiency, strengthen compliance, and ensure transparency across all funded projects statewide while allowing each procuring agency to retain full control over programmatic decisions and project operations. The scope of work requires the selected provider to safeguard funds, maintain detailed accounts records, and deliver comprehensive financial reporting. The agent will not assume any legal or operational responsibility for the supported projects. All performance of the work must occur offsite at the provider's own office premises. Eligible bidders must be onshore organizations located entirely within the United States. The agency is currently looking for proposals to determine the budget for these services. The source document does not disclose specific evaluation criteria or key project dates.