Custody and Safekeeping Service for Marketable Debt Securities

The government authority in Soldotna, AK needs a financial institution to provide custody and safekeeping services for marketable debt securities. The buyer requires the proposer to handle investment management, compensation for services, and specific tasks requiring prior instruction, such as paying cash versus delivery for purchased securities, transferring cash to commercial bank accounts, and releasing securities against cash payments or as collateral. The selected vendor must meet minimum contract performance standards for custody, safekeeping, clearing, accounting, and reporting. To qualify, the bidder must be a USA-based organization that offers master custody and safekeeping services to institutional funds in its normal course of business and maintains a correspondent relationship with a national money center bank. Work will occur both onsite and offsite. Bidders can submit proposals digitally via email or online, and the buyer is currently seeking budget proposals. Bidders must submit all questions no later than October 7, 2026.