Global Custodial Services
Key Dates
Due Date
-
Posted Date
-
Agency & Value
Agency
OFFICE OF ACQUISITION
Contract Value
Not provided
Codes & Classification
Solicitation Number
77344426Q0057
NAICS
522320 - Financial Transactions Processing, Reserve, and Clearinghouse Activities
Classification Code
R710
Additional Details
The United States International Development Finance Corporation (DFC), the U.S. Government’s development finance institution, has issued a solicitation for Global Custodial Services under procurement identifier 77344426Q0057. DFC partners with the private sector to finance solutions addressing critical challenges in the developing world, investing across sectors such as energy, healthcare, infrastructure, and technology. As part of its investment activities, DFC may acquire a range of securities and requires a global custodian to securely hold these assets, as DFC is unable to maintain accounts with financial market infrastructure (FMI) companies.
The scope of this procurement encompasses the provision of comprehensive custodial services for a diverse array of securities, including but not limited to debt instruments, equity securities (stocks and warrants), and assets that may be exchange-traded, over-the-counter (OTC), or privately placed. The selected custodian bank will be responsible for holding assets, settling securities transactions on behalf of DFC, collaborating with brokers and clearinghouses to finalize transactions, and managing the receipt, acceptance, and recording of all assets delivered to and from DFC’s account. Additionally, the custodian will facilitate fund transfers to the U.S. Treasury and support DFC’s financial reporting and compliance with applicable tax and regulatory regimes. System interfaces and technical support are also required to ensure efficient service delivery.
Offerors are expected to provide detailed responses regarding the structure of their global custody services, including whether services are delivered through local custodians, direct presence, or a hybrid model. They must specify countries where services are not provided directly, outline operations in emerging markets (with particular attention to India, Mexico, Australia, and Brazil), and describe the types of securities that can be housed in custody accounts. Further information is requested on the range of services offered (such as custody, accounting, foreign exchange, liquidity services, reporting, trust, and treasury), fee structures (fixed or tiered based on asset type and size), and experience with development banks, finance institutions, public pension funds, and sovereign wealth funds—especially active contracts within the past three years. Offerors should also address account setup timelines and KYC diligence requirements, along with any additional relevant information.
The procurement is classified under NAICS code 522320 (Financial Transactions Processing, Reserve, and Clearinghouse Activities, 2022 version) and Product Service Code R710. The place of performance is Washington, District of Columbia, United States. The contracting entity is the Office of Acquisition within DFC, a federal office, with primary contacts Michael Pasquella ([email protected], 12024099203) and Melissa Hergenrader ([email protected], 2029299434).
This solicitation is active, with a posting date of May 14, 2026, and a response deadline of May 18, 2026. Interested parties are encouraged to review the attached solicitation documents for further details and submit comprehensive responses addressing the outlined requirements. The opportunity is listed on SAM.gov under Opportunity ID 6d1d52dd9e474789a8ba254acc1a83ca, with additional information and attachments available via the provided notice URL.
Contractors considering this opportunity should ensure their capabilities align with the global custodial requirements, regulatory compliance, and technical support expectations outlined by DFC. The scope and deliverables are expected to remain consistent throughout the contract lifecycle, focusing on secure asset custody, transaction settlement, compliance, and robust reporting.
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