Securities Brokerage Service

The vendor is required to provide securities brokerage services to the office, division.
- Outside broker to assist with these securities duties which include receiving securities escheated annually during the remit season, accurately maintaining these securities, selling securities upon eligibility, and re-registering securities back to the claimant when a claim is received prior to converting the securities to cash.
- Total annual sales could represent 5,000 – 8,000 positions with an estimated value ranging from seventy million dollars ($70,000,000) to two hundred million dollars ($200,000,000).
- Provide settlement and brokerage services each business day (Monday through Friday, except holidays) with staff available during the hours of 8:00 a.m. to 5:00 p.m. pacific time (PT).
- Monitor the positions that cannot immediately be traded to determine future eligibility for trade. 
- Positions that cannot be traded shall be maintained for safekeeping in a unique account.
- The money market interest earned from all revenue sources may not be co-mingled with trade proceeds but may be co-mingled with other funds at remittance, provided a detailed accounting accompanies the remittance that describes the sources of the interest earned.
- Provide custodial, redemption and coupon-clipping services for office bonds and debentures.
- Provide a report detailing the components of the sales transactions.
- Provide a monthly accounting report that will display a beginning and ending balance and all account activity, including positions that may have been immediately traded or transferred in. in addition, the contractor shall provide a monthly stock statement summary of all new positions electronically received for office on a monthly basis.
- Provide, upon request, educational materials such as books, brochures, glossaries, videos and educational seminars on securities-related subjects.

- Contract Period/Term: 3 years
- Questions/Inquires Deadline: August 11, 2025