The Dormitory Authority State of New York (DASNY or Authority) is seeking proposals from qualified financial institutions operating in New York State interested in taking deposits from the Authority and furnishing the Authority with standard commercial banking services, including, but not limited to fund transfers and disbursements (via check and electronic funds transfer) and account monitoring, reporting, and an online portal for managing the accounts for funds derived by the Authority from its loan servicing, property management, and lease management services. Services are to be performed as agent on behalf of the New York Social Equity Cannabis Investment Fund LP (Fund), a to-be-formed New York limited partnership, exclusively dedicated to financing the establishment and development of storefront conditional adult-use retail cannabis dispensaries (Dispensaries) in NYS for operation by dispensary operators (Social Equity Licensees) selected by the NYS Office of Cannabis Management (OCM) and the Cannabis Control Board (CCB).

Interested Proposers must have experience providing the services described in the RFP.

DASNY contributes to the economic development of New York State by assisting and supporting Minority and Women Owned Business Enterprises (MWBEs) and Service-Disabled Veteran-Owned Businesses (SDVOB) through its procurement process. DASNY is committed to diversity and equal employment opportunities among its contractors, consultants and vendors. It is the policy of DASNY to maximize opportunities for the participation of M/WBE and SDVOB firms as bidders, subcontractors and suppliers on projects. Although no goals for participation in the work by certified M/WBE and SDVOB firms have been established for this program, the selected Proposer shall use good faith effort to provide for meaningful participation by M/WBE and SDVOB firms in the work where feasible.

As part of this RFP, and consistent with Article 15A and 17B of the Executive Laws, DASNY encourages all Financial Institutions to consider submitting proposals that utilize partnerships, or other similar arrangements with a New York State certified MWBE/SDVOB firm on this contract. For technical assistance identifying certified MWBE firms contact Empire State Development at https://esd.ny.gov/ or visit DASNY’s MWBE Registry at https://www.dasny.org/. For NYS Certified SDVOB firms contact https://ogs.ny.gov/veterans.

Pursuant to Executive Order No. 170.1 – Uniform Guidelines for Responsibility Determinations, Executive Order No. 125 – NYS Vendor Responsibility Questionnaire and Executive Order No. 192 – Continuing Vendor Integrity, DASNY may only award a contract to a responsible proposer. A responsible proposer must have the integrity to justify the award of public dollars and the capacity to perform the requirements of the contract fully. The proposer must file a vendor responsibility questionnaire with DASNY. The questionnaire provides the proposer an opportunity to self-disclose any issues and provide necessary information, which DASNY will use as part of its determination.

Financial Institutions interested in responding to this solicitation may access the RFP and related documents from DASNY’s website at https://www.dasny.org/opportunities/rfps-bids/professional-services/.

To locate the RFP go to RFP 7589 / View the full details for this opportunity / Attachments. The deadline for responses to the RFP is 3:00 pm on October 17, 2022. Responses received after this date will not be accepted.

In accordance with State Finance Law § 139-j and § 139-k, this solicitation includes and imposes certain restrictions on communications between Dormitory Authority personnel and an Offeror during the procurement process. The designated staff for this procurement is Ame Breheny, Senior Procurement Administrator (ph: 518-888-4484, Email: UpstateRFPCoordinator@dasny.org). Contacts made to other Dormitory Authority personnel regarding this procurement may disqualify the Offeror and affect future procurements with governmental entities in the State of New York. Please refer to the Authority’s website (www.dasny.org) for Authority policy and procedures regarding this law, or the OGS website (www.ogs.state.ny.us/aboutogs/regulations/defaultAdvisoryCouncil html) for more information about this law. All proposers, domestic and foreign, must be in compliance with New York State business registration requirements. Contact the NYS Department of State regarding compliance. In addition, business entities proposing to provide professional engineering services must obtain a Certificate of Authorization to Provide Engineering Services in New York State from the State Education Department. Proposals must be submitted in the full legal name of the proposer, or the full legal name plus a registered assumed name of the proposer, if any.

Primary Contact

Ame Breheny

Contract Administrator

DASNY

Professional Services

Albany

515 Broadway

Albany, New York 12207

United States

Phone: 518-888-4464

Email: UpstateRFPCoordinator@dasny.org

Secondary Contact

Kara Mallard

Chief

DASNY

Professional Services

515 Broadway

Albany, NY 12207

United States

Email: downstaterfpcoordinator@dasny.org

Submit To Contact

Ame Breheny

Contract Administrator

DASNY

Professional Services

Albany

515 Broadway

Albany, New York 12207

United States

Phone: 518-888-4464

Email: UpstateRFPCoordinator@dasny.org