Name | Type | Posted | Actions |
|---|---|---|---|
Sol_77344426Q0057_Amd_0005.pdf | May 14, 2026 | ||
Sol_77344426Q0057_Amd_0004.pdf | May 13, 2026 | ||
Sol_77344426Q0057_Amd_0003.pdf | May 11, 2026 | ||
Sol_77344426Q0057_Amd_0002.pdf | May 5, 2026 | ||
GCS QA v2.pdf | Apr 29, 2026 | ||
Sol_77344426Q0057_Amd_0001.pdf | Apr 29, 2026 | ||
77344426Q0057_answers.pdf | Apr 24, 2026 | ||
Sol_77344426Q0057.pdf | Apr 6, 2026 |
Global Custodial Services
Contact and place of performance
Michael Pasquella
Washington, DC 20527
USA
The U.S. International Development Finance Corporation is the U.S. Government's developing finance institution. DFC partners with the private sector to finance solutions to the most critical challenges facing the developing world today. DFC invests across sectors including but not limited to energy, healthcare, critical infrastructure, and technology. DFC investments adhere to high standards and respect the envir...
View morePlease see the attached solicitation for more information. In your response, please note the following:
Offerors must answer:
1. How is your global custody service structured? Is it through relationships with local custodians, direct presence, or a hybrid of both depending on country?
2. Where do you not provide services directly? Please note which countries you transact directly vs indirectly, and if needed, please note rationale.
3. Which emerging markets does your financial institution have operations in? Please provide full list of countries, and please note specific operations for countries like India, Mexico, Australia, and Brazil.
4. What types of securities can your financial institution house in a custody account?
5. What services are offered? (custody, accounting, foreign exchange, liquidity services, reporting, trust, treasury, etc.?)
6. What is the fee structure – fixed or dependent upon assets type and/or size? If dependent upon varying factors, please provide a tiered pricing schedule.
7. Development Banks or Institutions (e.g. IBRD, IFC), Development Finance Institutions (e.g. EDFI members), Public Pension Funds, and/or Sovereign Wealth Funds? Please list with a priority on current active contracts, or within the last 3 years.
8. How long will it generally take to set up a global account with your financial institution? Please provide notional or example KYC diligence requirements.
9. Any other information you would like for us to note.
The United States International Development Finance Corporation (DFC) is soliciting proposals for global custodial services to support its investment activities in developing nations. As the DFC cannot maintain accounts with financial market infrastructure companies, it requires a custodian bank to hold securities acquired through investments in sectors such as energy, healthcare, infrastructure, and technology. The selected provider will be responsible for holding assets, settling securities transactions, and coordinating with brokers or clearinghouses to finalize trades. Scope of work includes receiving and recording assets, transferring funds to the U.S. Treasury, and providing system interfaces and financial reporting support to ensure compliance with tax and regulatory regimes.
Solicitation 77344426Q0057 is managed by the DFC Office of Acquisition with a primary place of performance in Washington, DC. The procurement is classified under NAICS 522320 for Financial Transactions Processing, Reserve, and Clearinghouse Activities and PSC R710 for Support- Management: Financial. Responses must address specific operational queries, including the structure of global custody services, emerging market presence in regions like India and Brazil, the types of securities housed, and tiered fee structures. Offerors are also required to provide a history of active or recent contracts with development banks, pension funds, or sovereign wealth funds.
The response deadline for this solicitation is May 18, 2026. Administrative and technical details are documented across eight attachments, which include five amendments and a questions-and-answers file updated through May 14, 2026. Michael Pasquella serves as the point of contact for this requirement. Submissions must include details regarding the offeror’s Know Your Customer (KYC) diligence requirements and an estimated timeline for establishing a global account.
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