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  5. ›Financial Inclusion Banking Services RFI 2026-137-INS

Insurance Fund - NYS·New York

Financial Inclusion Banking Services RFI 2026-137-INS

Closes 10/26/2026$500k – $2MRequest for InformationLogin required
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Description

NYSIF is seeking responses from qualified firms capable of providing Financial Inclusion Banking Services for NYSIF Claimants, as further described in the Request for Information (RFI). NYSIF is in the process of gathering information from qualified financial institutions and community financial service providers regarding the availability of low-cost banking and financial access solutions for NYSIF claimants and beneficiaries. All firms with knowledge of Financial Inclusion Banking Services for Claimants are encouraged to respond. There will not be a contract award for purchase of services or products directly resulting from this RFI. However, we may use this information garnered from the RFI process in future procurement(s) or research. Respondents will be placed on a mailing list and will receive an announcement of any subsequent Request for Proposals (RFP) that may arise from the RFI. Any decision to subsequently issue an RFP for such services will be at the sole discretion of NYSIF, and NYSIF is under no obligation to initiate such an procurement. The RFI document may be obtained from NYSIF’s Procurement website at www.nysif.com/procurement. Interested parties should e-mail [email protected] with any questions. Please include “NYSIF 2026-137-INS: Financial Inclusion Banking Services for NYSIF Claimants” in the subject line of the e-mail. All amendments, clarifications and any announcements related to this procurement will be posted on NYSIF’s website at: www.nysif.com/procurement. It is the sole responsibility of the bidders to check the website for any amendments, clarifications or updates. All applicable amendment information must be incorporated into the firm’s proposal. Failure to include this information in your proposal may result in the proposal being deemed non-responsive. Responses from responsible firms are due 10/21/26 10/26/26 by 2:00 p.m. EST. The calendar of events is detailed in the RFI. Pursuant to State Finance Law § 139-j and § 139-k, this solicitation includes and imposes certain restrictions on communications between NYSIF personnel and a prospective firms during the procurement process. Designated staff for this solicitation is Alex Romano & Carly Zanotta, NYSIF, 15 Computer Drive West, Albany NY 12205, [email protected]. Contacts made to other NYSIF personnel regarding this procurement may disqualify the prospective firms and affect future procurements with governmental entities in the State of New York.

Attached files

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

Contact

Alexandria Romano(Director of Procurement)

[email protected]

(100) 000-0000

Key dates

Opened
9/28/2026
Closes
10/26/2026

Last updated

Details

Type
Request for Information
Industry
Financial Services
NAICS
522110
Solicitation №
2139410

Budget estimate

$500,000 – $2,000,000

No monetary value is attached to this RFI; however, if NYSIF proceeds to a full RFP for statewide financial‑inclusion banking services, the contract could range from a few hundred thousand dollars for advisory/implementation work to several million dollars for comprehensive service delivery across the state. Factors influencing the amount include the number of claimants served, the breadth of services (account setup, debit cards, digital banking), and the contract term. A conservative estimate would be $500,000 – $2,000,000.

AI estimate from the solicitation

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