A message from MassDevelopment regarding COVID-19. Read more

For the latest information on COVID-19: Vaccines, Cases, Restrictions: Read more


Loan Portfolio Review RFP

MassDevelopment is seeking proposals from financial services consultants to (i) review the Agency’s commercial lending portfolio on an annual basis; and (ii) assess the current level and caliber of administration associated with the portfolio and make recommendations as deemed appropriate concerning management of the assets going forward. The selected consultant will review the loan portfolio in March of each of 2022, 2023, 2024, and possibly 2025, and 2026. MassDevelopment may also request the selected consultant to perform other projects related to its portfolio management during the term of the contract. The RFP is available on the Agency’s website beginning October 25, 2021 at 9AM at https://www.massdevelopment.com/rfp-rfq/. Proposals are due by 5PM November 22, 2021. All questions must be submitted in writing (email preferred) on or before 5PM on November 3, 2021. MassDevelopment reserves the right to waive any informalities or to reject any or all proposals. Award of the contract for the work contemplated by the RFP may be subject to the approval of MassDevelopment’s Board of Directors.