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Comptroller of Maryland·Maryland

The Sales of Unclaimed Securities

Closes 1/16/2026$1M – $10MInvitation for Bid
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Description

The Comptroller of Maryland is seeking bids for the sale of unclaimed securities. The bidder must have three consecutive years of recent experience in providing the sale of unclaimed securities, with a minimum of $1,000,000 per year. The bidder must also be a current member of all principal stock exchanges and a participant in the Depository Trust Company (DTC). The bidder will be required to provide documentation of their experience and membership. • The bidder must have recent experience in the sale of unclaimed securities. • The bidder must be a current member of all principal stock exchanges. • The bidder must be a current participant in the DTC. • The bidder must provide documentation of their experience and membership.

Attached files

Contact

Lola Tiamiyu(Procurement Officer)

[email protected]

(410) 260-7445

Key dates

Opened
12/12/2025
Questions due
12/23/2025
Pre-bid meeting
12/17/2025
Closes
1/16/2026
Duration
5 years

Last updated

Details

Type
Invitation for Bid
Industry
Financial Services
NAICS
523120
Solicitation №
BPM054511

Budget estimate

$1,000,000 – $10,000,000

The budget for this opportunity is difficult to estimate without more information about the volume of unclaimed securities to be sold. However, considering the requirement for the bidder to have experience with sales of at least $1,000,000 per year, it's possible that the contract value could be in the range of $1 million to $10 million, depending on the scope of the project and the number of years the contract is for. Factors that could influence the payment range include the number of securities to be sold, the market value of those securities, and the commission rate the bidder will charge.

AI estimate from the solicitation

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