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  5. ›PRF76 - DOB - Consultant Services

Massachusetts Division of Banks·Massachusetts

PRF76 - DOB - Consultant Services

Closes 10/28/2026$100k – $150kRequest for Quotation
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Description

The Division of Banks seeks a qualified consultant to provide ongoing strategic planning, organizational assessment, budgeting, and staffing support services. The work involves modeling the agency’s revenue‑assessment structure, reviewing current organizational design, and delivering recommendations to align staff with the Division’s mission and production goals. The vendor must be an approved PRF76 Category 2 supplier and preferably an SBPP‑qualified small business. Deliverables include reviews, presentations, and assistance with strategic positioning of the Division. • Scope: strategic positioning, organizational review, budget & staffing support, revenue‑assessment modeling. • Required vendor status: approved PRF76 Category 2 and SBPP‑eligible (preferred). • Evaluation: 25 % SBPP certification, 25 % cost, and 50 % technical criteria (financial‑regulation familiarity, experience, budget understanding). • Contract value: up to $150,000, fee‑for‑service hourly rates, initial term ~15 months with possible renewals through March 2028.

Attached files

Contact

Christopher Buzzell(Info Contact)

[email protected]

(617) 956-1500

Key dates

Opened
10/16/2026
Questions due
10/21/2026
Closes
10/28/2026
Projected award
10/30/2026
Duration
15 months

Last updated

Details

Type
Request for Quotation
Industry
Consulting Services
NAICS
541611
Solicitation №
BD-27-1024-DOB01-DOB01-134495

Budget estimate

$100,000 – $150,000

The solicitation caps the total contract obligation at $150,000, with payments made on a fee‑for‑service hourly basis. Assuming the vendor’s rates fall within typical consulting ranges for Massachusetts (approximately $80–$150 per hour), the final budget is likely to be near the maximum ceiling, roughly $100,000 to $150,000 over the 15‑month term. Factors influencing the range include the number of hours billed, the specific hourly rates submitted, and any potential renewals up to three additional years.

AI estimate from the solicitation

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