LA County Solicitations

Solicitation Detail

Solicitation Number:

TTC RFP 2025-03 MPAS

Title:

Master Paying Agent Services

Department:

Treasurer and Tax Collector

Bid Type:

Service

Bid Amount:

N/A

Commodity:

BANKING SERVICES

Description:

The County of Los Angeles (County) Treasurer and Tax Collector (TTC) is issuing this Request for Proposals (RFP) for the provision of Master Paying Agent Services. The TTC is soliciting proposals from qualified financial institutions that can provide Master Paying Agent Services detailed in the RFP, which include authentication agent, registrar, transfer agent, and paying agent services as they relate to general obligation bonds issued by or on behalf of school districts or community college districts within the County. You may download the RFP by accessing the County’s website at https://camisvr.co.la.ca.us/lacobids/, selecting “Open Solicitations,” and searching by the solicitation title of Master Paying Agent Services. You may also download the RFP by accessing the TTC’s website at: https://ttc.lacounty.gov/contract-opportunities/. Proposers are responsible for downloading and reviewing the entire RFP. The RFP includes the service requirements, proposal content and format requirements, a description of the proposal selection process, and a sample contract. Proposers that meet the minimum requirements identified in Paragraph 4.0, Minimum Mandatory Requirements, are invited to submit a proposal to provide the services described in Exhibit A (Statement of Work (SOW)) of Appendix A (Contract). Proposers should carefully review the RFP and ensure their proposal complies with all RFP requirements. Pursuant to Subparagraph 8.5.6 (Exceptions to Terms and Conditions of Contract and/or Requirements of SOW and Attachments (Section E)), Proposers must list all of their exceptions in their proposal submission. Proposers may not take exception to the Standard Terms and Conditions in their entirety and replace the County’s Standard Terms and Conditions with the Proposer’s. The TTC will consider such a proposal to be non responsive. The TTC will recommend approval of the contract to the most responsive and responsible Proposer. In general, the greater the number of exceptions to the terms and conditions the Proposer lists, and the more substantive the exceptions are, the less responsive the proposal will be deemed. Thus, a Proposer that lists large number of exceptions in quantity or quality will be scored accordingly. This practice reflects the fact that a Proposer that is able to accept the Standard Terms and Conditions as is, without any exception, is more responsive to the RFP than a Proposer that takes a number of exceptions to the Standard Terms and Conditions. During the negotiation process, the TTC limits the exceptions that can be negotiated to the exceptions listed in the proposal itself. The TTC would compromise the integrity of the RFP process if it were to negotiate an exception that the Proposer did not list in its proposal. If the Proposer had listed the exception in the proposal, the Proposer’s score would likely have been less than originally calculated, thereby having a potential impact to the ranking of all proposals. Proposals must be prepared in accordance with Paragraph 8.0 (Business Proposal Requirements and Evaluation). Proposals are due no later than 5:00 p.m. PT on Friday, June 6, 2025, and must be submitted to: Email Address: contracts@ttc.lacounty.gov Subject Line: Proposal for Master Paying Agent Services – TTC RFP 2025-03 MPAS Attention: Maria Vadai Proposals received after the scheduled deadline will not be accepted.

The County of Los Angeles (County) Treasurer and Tax Collector (TTC) is issuing this Request for Proposals (RFP) for the provision of Master Paying Agent Services.

The TTC is soliciting proposals from qualified financial institutions that can provide Master Paying Agent Services detailed in the RFP, which include authentication agent, registrar, transfer agent, and paying agent services as they relate to general obligation bonds issued by or on behalf of school districts or community college districts within the County.

You may download the RFP by accessing the County’s website at https://camisvr.co.la.ca.us/lacobids/, selecting “Open Solicitations,” and searching by the solicitation title of Master Paying Agent Services. You may also download the RFP by accessing the TTC’s website at: https://ttc.lacounty.gov/contract-opportunities/. Proposers are responsible for downloading and reviewing the entire RFP.

The RFP includes the service requirements, proposal content and format requirements, a description of the proposal selection process, and a sample contract. Proposers that meet the minimum requirements identified in Paragraph 4.0, Minimum Mandatory Requirements, are invited to submit a proposal to provide the services described in Exhibit A (Statement of Work (SOW)) of Appendix A (Contract). Proposers should carefully review the RFP and ensure their proposal complies with all RFP requirements.

Pursuant to Subparagraph 8.5.6 (Exceptions to Terms and Conditions of Contract and/or Requirements of SOW and Attachments (Section E)), Proposers must list all of their exceptions in their proposal submission. Proposers may not take exception to the Standard Terms and Conditions in their entirety and replace the County’s Standard Terms and Conditions with the Proposer’s. The TTC will consider such a proposal to be non responsive.

The TTC will recommend approval of the contract to the most responsive and responsible Proposer. In general, the greater the number of exceptions to the terms and conditions the Proposer lists, and the more substantive the exceptions are, the less responsive the proposal will be deemed. Thus, a Proposer that lists large number of exceptions in quantity or quality will be scored accordingly. This practice reflects the fact that a Proposer that is able to accept the Standard Terms and Conditions as is, without any exception, is more responsive to the RFP than a Proposer that takes a number of exceptions to the Standard Terms and Conditions.

During the negotiation process, the TTC limits the exceptions that can be negotiated to the exceptions listed in the proposal itself. The TTC would compromise the integrity of the RFP process if it were to negotiate an exception that the Proposer did not list in its proposal. If the Proposer had listed the exception in the proposal, the Proposer’s score would likely have been less than originally calculated, thereby having a potential impact to the ranking of all proposals.

Proposals must be prepared in accordance with Paragraph 8.0 (Business Proposal Requirements and Evaluation). Proposals are due no later than 5:00 p.m. PT on Friday, June 6, 2025, and must be submitted to:

Email Address: contracts@ttc.lacounty.gov
Subject Line: Proposal for Master Paying Agent Services – TTC RFP 2025-03 MPAS
Attention: Maria Vadai

Proposals received after the scheduled deadline will not be accepted.

Open Day:

5/23/2025

Close Date:

6/6/2025 5:00:00 PM

Contact Name:

Maria Vadai

Contact Phone:

(213) 584-1301

Contact Email:

contracts@ttc.lacounty.gov

Last Changed On:

5/23/2025 3:36:23 PM

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Los Angeles County Solicitations