Fiduciary Services for Office of Sustainability

The City of Detroit Office of Sustainability is seeking proposals from qualified respondents to provide fiduciary, accounting, and administrative services in support of community programming. The selected contractor will establish and manage a segregated account for each source of funding administered, disburse funds, prepare monthly financial status reports, and solicit bids from third-party vendors. The contract term will be for two years, with the possibility of renewal. The City estimates that it will obtain $211,500 of funds requiring fiduciary services on an annual basis. • The contractor will provide fiduciary services, including establishing and managing segregated accounts, disbursing funds, and preparing financial reports. • The contractor will have experience working with large municipalities and providing fiscal management services. • The contractor will have a team with relevant education, financial management experience, and prior work with government or nonprofit fiscal administration. • The contractor will provide responsive customer service and administrative support to multiple internal stakeholders. • The contractor will meet with the Office of Sustainability monthly to review progress and discuss relevant issues.