Cloud-Hosted Unclaimed Property System
Overview
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SUMMARY
DESCRIPTION
The issuing agency in Michigan is seeking a vendor to provide a cloud-hosted unclaimed property system. The system is intended to support secure, efficient, and scalable end-to-end management of unclaimed property operations, including the administration of cash, securities, digital assets, and tangible items.
The proposed solution should support claims processing for both individual submissions and high-volume claims, while also providing a public-facing portal for citizens to search for claimable property and upload required documentation. The system is expected to reduce reliance on paper-based processes and include features such as claim payment processing, online payment acceptance, imaging and document storage, identity verification, and expedited claims handling.
The agency requires strong internal controls to protect the accuracy, integrity, and confidentiality of owner data, including personally identifiable information. The system must also support secure identity federation through Login, store all property and claim records in perpetuity, and maintain transparency, accessibility, resilience, and availability for critical services. Questions are due by August 5, 2026.
Similar RFPs
Frequently asked questions
- When is the submission deadline?
- Submissions are due August 24, 2026.
- Who is a good fit for this opportunity?
- Cloud software provider with unclaimed property or government case management platform experience
- Firm with strong expertise in secure SaaS hosting and high-availability system operations
- Vendor experienced in handling sensitive personally identifiable information and regulated public-sector data
- Company with capabilities in identity verification, payment processing, and document management integration
- Provider with public-sector implementation experience, especially for state treasury or financial administration systems
- Team able to support long-term record retention, citizen self-service portals, and scalable claims workflows
Analysis generated by Settle AI from the source RFP.
RFP Hunter shows what is open. Settle shows what is forming.
Settle pieces together buyer signals, budgets, contract activity, and the sources your team already monitors. See why an opportunity fits and what to do before the RFP posts.