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  5. ›RFP # 26-21 Banking Services

Massachusetts Worcester Housing Authority·Massachusetts

RFP # 26-21 Banking Services

Closes 10/20/2026$200k – $500kRequest for Proposal
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Description

The Worcester Housing Authority seeks competitive sealed proposals from qualified contractors to deliver a full range of banking services for its municipal housing operations. This open market solicitation does not disclose specific service breakdowns or budget figures, requiring bidders to submit detailed proposals and cost estimates. The contract will be opened on 20 Oct 2026, and electronic quotes are permitted.

Attached files

Contact

David Coderre

Key dates

Opened
9/18/2026
Closes
10/20/2026

Last updated

Details

Type
Request for Proposal
Industry
Financial Services
NAICS
522110
Solicitation №
BD-27-1610-WHAPU-WHAPU-133608

Budget estimate

$200,000 – $500,000

The RFP does not disclose a contract value. Based on typical municipal banking service contracts for a housing authority of Worcester’s size, a reasonable estimate ranges from a few hundred thousand dollars up to half‑a‑million annually, depending on the breadth of services (e.g., cash handling, loan administration, treasury management) and the vendor’s fee structure. Therefore, an estimated contract value of $200,000–$500,000 is plausible.

AI estimate from the solicitation

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