Mortgage Service Company Payment & Receivables Processing

3/28/2025 9:00:00 AM (Your Local Time)

The New York City Department of Finance ("DOF"), as part of the collection process for escrowed real property taxes and related charges, is seeking a qualified contractor for the process of validating, aggregating, and consolidating files received from Mortgage Service Companies (MSCs), matching the MSC files payment totals to a single payment made via Fedwire, and producing a consolidated output file for DOF to post payment records to taxpayer’s accounts. Contractors who are able to demonstrate sufficient expertise and experience in providing such services in a legal and ethical manner are invited to bid.

This Competitive Sealed Bid (“RFx) is being released through PASSPort, New York City’s online procurement portal. Responses to this RFx should be submitted via PASSPort. To access the solicitation, vendors should visit the PASSPort Public Portal at https://www.nyc.gov/site/mocs/passport/about-passport.page and click on the “PASSPort Public” or "Procurement Navigator" blue box. This will take you to the Public Portal of all procurements in the PASSPort system. To quickly locate the RFx, insert the EPIN into the Keywords search field for additional details including the release date and pre-bid conference (optional).

This procurement is subject to Local Law 1 - M/WBE.  Please submit your proposals by both acknowledging the receipt of the RFx in the Acknowledgement tab and completing your response in the Manage Responses tab. Vendor resources and materials can be found at the link below under the Finding and Responding to RFx heading.
https://www.nyc.gov/site/mocs/passport/getting-started-with-passport.page

If you require any assistance with PASSPort, please contact the MOCS Service Desk at https://mocssupport.atlassian.net/servicedesk/customer/portal/8