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Michigan Department of Technology, Management and Budget - Procurement·Michigan

TREA - Unclaimed Property System

Closes 8/24/2026$500k – $2MRequest for Proposal
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Description

The State of Michigan Department of Treasury is seeking a Contractor Hosted COTS Unclaimed Property System to manage unclaimed property. The system should support end-to-end processing, data integrity, security, and compliance, operational scalability and efficiency, seamless technical integration, reporting and analytics, long-term record retention and retrieval, high-quality customer service, disaster recovery and continuity, and training, documentation, and support. The contract will be awarded to the responsive and responsible bidder who offers the best value to the State. Some key features of the system include: * End-to-end processing of unclaimed property * Data integrity, security, and compliance * Operational scalability and efficiency * Seamless technical integration * Reporting and analytics * Long-term record retention and retrieval * High-quality customer service * Disaster recovery and continuity * Training, documentation, and support

Attached files

Contact

Brandon Samuel(Solicitation Manager)

[email protected]

(517) 249-0439

Key dates

Opened
8/14/2026
Questions due
8/5/2026
Closes
8/24/2026
Projected award
9/14/2027

Last updated

Details

Type
Request for Proposal
Industry
Information Technology and Software Development
NAICS
541510
Solicitation №
RFP-171-260000002419-2

Budget estimate

$500,000 – $2,000,000

The budget for this contract is likely to be in the range of $500,000 to $2 million per year, based on the scope of work and the requirements for the system. The State is seeking a comprehensive system to manage unclaimed property, which will require significant investment in software, hardware, and personnel. The contract will be awarded to the responsive and responsible bidder who offers the best value to the State, and the budget will depend on the bidder's proposed solution and pricing. Factors that may influence the likely payment range include the complexity of the system, the number of users, the level of security required, and the duration of the contract.

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