RFQ 2504 - STRIPS

The Massachusetts State Lottery Commission is establishing a rolling pre‑qualification roster of firms capable of supplying Zero‑Coupon, Non‑Callable U.S. Treasury securities (STRIPS) to fund annuity jackpot prizes. Qualified firms must meet stringent financial, rating, and experience criteria and will be eligible for individual purchase contracts on a “lowest‑cost” basis as needs arise through 31 January 2030. • Eligibility requires a government‑securities dealer status, investment‑grade rating, ≥ $250 M excess net capital, and at least five years of STRIPS trading experience. • The RFQ is open from 15 Oct 2024 through 31 Jan 2030; firms may submit their pre‑qualification response at any time within this window. • No fixed contract value is disclosed; awards will be made on a rolling basis with a base term of 5 years (extendable up to 2 additional years). • Mandatory attachments include standard Commonwealth terms, tax‑compliance certification, business references, supplier‑diversity plan, and an Invest‑in‑Massachusetts data form. • All communications, questions, and submissions must be made through the COMMBUYS portal; the initial Q&A deadline is 3 Oct 2024, and the first quote deadline is 15 Oct 2024.