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Procurement
Find WHEDA bid requests, public hearings and other public requests and notifications here.
Current Requests
Request for Proposals – Master Trustee and Investment Custodian
The Authority is seeking proposals from vendors interested in providing Master Trustee and Investment Custodian services.
The purpose of this Request for Proposals (RFP) is to provide interested parties with information needed to prepare and submit a Proposal for the following.
- Act as Trustee, Depository, Registrar, and Paying Agent and/or
- Act as Custodian of the Authority’s investments
The Authority intends to use the results of this process to award one or more Contracts to provide the products and/or services described in this RFP.
Questions are due: October 7, 2024, 2:00 p.m. CST
Proposals are due: October 21, 2024, 2:00 p.m. CST
WHEDA’s procurement practices strive to provide vigilant stewardship of resources, inspire stakeholder confidence through consistent and transparent processes, and ensure the vendor community has access to open and fair competition.
Competitive Bidding Processes
For its competitive bidding processes, WHEDA encourages Wisconsin-based businesses, Minority Business Enterprises, Women-Owned Business Enterprises and Disabled Veteran-Owned Business Enterprises to submit quotes and proposals whenever possible. Businesses looking to obtain MBE, WBE and DVB certification can obtain more information through the Wisconsin Department of Administration.
Competitive bidding is the preferred method for WHEDA to select suppliers of goods and services. WHEDA typically uses the following competitive methods based upon the value and/or type of the goods or services to be purchased and the timeframe on which the goods or services are needed.
Simplified Bid: At least three quotes from viable vendors shall be obtained when the cost of a good or services is less than $50,000.
Request for Bid: Most commodity and some service solicitations at or above $50,000 are issued through an RFB. An RFB is used when WHEDA is able to develop clear specifications for the item(s) to be procured.
Request for Proposal: An RFP is used to solicit proposals for purchases at or above $50,000 where an award cannot be made strictly on specifications or price. Rather than meet detailed and precise specifications, vendors are given an opportunity to propose how they would provide a product or service.
Request for Qualifications: From time-to-time, WHEDA may issue an RFQ to evaluate a proposer’s qualifications, costs and potential contract requirements in advance of the need for its services. WHEDA may approve multiple vendors over the term of the RFQ or individually as the need for services arise.
Nondiscrimination Statement
WHEDA will not discriminate against any vendor or supplier, or discourage any submission of a proposal or bid or delay any decision for any proposal or bid on the basis of race, color, religion, national origin, sex, sexual preference, marital status, familial status, physical condition, developmental disability, age (provided the applicant has the capacity to contract) or any other prohibited basis.