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Insurance Fund - NYS·New York

87-i Survey

Closes 1/9/2026$200k – $500kSole SourceLogin required
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Description

The NYS Insurance Fund (NYSIF) will be entering into a 5-year Sole Source contract in conjunction with the Office of the State Comptroller (OSC) with Lenox Park to provide an MWBE Survey with regards to Workers Compensation Law 87-I. In accordance with Workers Compensation Law 87-I, NYSIF has established an MWBE Asset Management & Financial Institution Strategy aimed at increasing utilization of MWBE Asset Managers, MWBE Financial Institutions, and MWBE Financial and Professional Service Firms. Lenox Park will survey NYSIF’s contracted Investment firms and create the MWBE report outlining the firms that are at least 51% owned by one or more minority groups and/or women members in accordance with the legislature requirements.

Attached files

The solicitation documents live at the source — open the bid source above to download them.

Contact

Alexandria Romano(Contract Management Specialist 3)

[email protected]

(000) 000-0000

Key dates

Opened
12/19/2025
Closes
1/9/2026
Duration
5 years

Last updated

Details

Type
Sole Source
Industry
Consulting Services
NAICS
541611
Solicitation №
2129882

Budget estimate

$200,000 – $500,000

The budget for this contract is not explicitly stated in the document. However, considering the scope of work, which includes surveying NYSIF's contracted investment firms and creating an MWBE report, the budget could be in the range of $200,000 to $500,000 over the 5-year contract term. This estimate is based on the assumption that the contractor will need to dedicate significant resources to complete the survey and report, and the NYSIF will need to pay for the services provided. Factors that may influence the budget include the complexity of the survey, the number of investment firms to be surveyed, and the level of detail required in the report.

AI estimate from the solicitation

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