The State of Delaware Office of the State Bank Commissioner seeks qualified vendors to provide professional legal or consulting services to support rulemaking, supervisory program development, examiner training, staff augmentation, and strategic advisory work related to the 2026 Title 5 legislation, which modernizes banking, money transmission, and introduces payment stablecoin frameworks. Proposals must detail a work plan keyed to statutory deadlines. Compensation is anticipated on a time-and-materials basis. The deadline for receipt of proposals is September 30, 2026, at 1:00 pm EDT.
Payments for services will not be made in advance of work performed. payments for services will not be made in advance of work performed.
The vendor will provide a warranty that the deliverables provided pursuant to the contract will function as designed for a period of no less than one year from the date of system acceptance. vendor will provide a warranty that the deliverables provided pursuant to the contract will function as designed for a period of no less than one year from the date of system acceptance.
The contract will be awarded to the vendor whose proposal is the most advantageous to the state of delaware, not necessarily the lowest bid. the contract will be awarded to the vendor whose proposal is the most advantageous to the state of delaware.
Vendors must demonstrate extensive experience with digital assets and stablecoins, and knowledge of federal and state banking laws. extensive experience with, and considerable knowledge of, compliance and operations relating to digital assets and stablecoins, and related supervisory and regulatory processes
OSBC may include liquidated damages provisions for nonperformance in the final contract. osbc may include in the final contract liquidated damages provisions for nonperformance.
The state of delaware may choose to visit existing installations of comparable systems, which may or may not include vendor personnel. the state of delaware may choose to visit existing installations of comparable systems, which may or may not include vendor personnel.
Vendors may submit sample work product, such as an examination module or training module, which may be redacted. sample work product may be redacted: e. g. , an examination module, training module, or regulatory benchmarking analysis relevant to the scope of work.
Failure to meet any minimum qualification may result in rejection without further evaluation. anybidder not demonstrating each minimum qualification may be rejected without further evaluation.