RFX #13221
Accounting and Actuarial Services
Unclaimed Property Auditing Services 2013
Due Date: Ongoing
The Treasurer and Receiver-General of the Commonwealth of Massachusetts has designated the Unclaimed Property Division to carry out certain responsibilities as required under unclaimed property law (M.G.L. c. 200A). Under the law, holders of unclaimed property must make a determined effort to locate the rightful owners of such property. If, after a certain period of time, such holders are unsuccessful in locating rightful owners, they are required to remit such property, along with a report listing such property, to the Unclaimed Property Division. The intent of this Request for Qualification ("RFQ") is to select firms to audit holders of unclaimed property and on behalf of the Unclaimed Property Division and several other states for the purpose of having such property properly reported to the Unclaimed Property Division. The selected firms would be responsible for coordinating the delivery of such property to the Commonwealth or a designated custodian for the Commonwealth.