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NYSERDA·New York

Green Jobs Green New York- Primary Loan Servicer

Closes 1/8/2026$5M – $20MRequest for ProposalLogin required
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Description

Description of goods to services to be bid: The New York State Energy Research and Development Authority is seeking a loan servicing organization to service its Green Jobs Green New York (“GJGNY”) loan portfolio exceeding $660 million in residential loans as of April 30, 2025. The loan servicer will be responsible for, but not limited to, the following: establishing loans received via an application programming interface (API) from the loan originator; acceptance of borrowers' loan remittances by automatic withdrawal, accepting over-the-phone payments and payments remitted by New York's seven investor-owned utilities via API and the correct application (spreading) of those payments; applying/charging late fees and returned payment/non-sufficient funds fees, preparing/mailing of monthly statements/bills; responding to borrower inquiries and complaints; providing payoff quotes and paid in-full letters; having an on-line application for borrowers to monitor their loans and make periodic payments; collections on delinquent accounts; and providing a variety of reports. If changes are made to this solicitation notification will be posted on NYSERDA’s website at:www.nyserda.ny.gov/funding-opportunities Eligibility/Qualifications Requirements/Preferences: NA Business enterprises awarded an identical or substantially similar procurement contract within the past five years: NA Service-Disabled Veteran-Owned Business (SDVOB) SDVOB Goal: 0.00% Minority / Women Business Enterprise contracting goals (MWBE) MBE Goal: 0.00% WBE Goal: 0.00% Disadvantaged Business Enterprise contracting goals (DBE) DBE Goal: 0.00%

Attached files

The solicitation documents live at the source — open the bid source above to download them.

Contact

Lucia Cappiello(Project Manager)

[email protected]

(518) 362-0476

Key dates

Opened
10/16/2025
Closes
1/8/2026
Duration
10 years

Last updated

Details

Type
Request for Proposal
Industry
Financial Services
NAICS
522320
Solicitation №
RFP 6008

Budget estimate

$5,000,000 – $20,000,000

The budget for this opportunity is likely to be a recurring annual fee for loan servicing, potentially in the range of $5 million to $20 million per year, depending on the scope of services and the size of the loan portfolio. The total budget over the 10-year contract term could be in the range of $50 million to $200 million. The actual budget will depend on the specific terms of the contract and the services provided.

AI estimate from the solicitation

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