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Welcome; Current RFPs

The Public Deposit Insurance Fund (PDIF) was created to protect the public funds of the state and its political subdivisions deposited in approved financial institutions.


The purpose of this Request for Proposal (“RFP”) is to invite auditing firms to submit information which outlines their ability to serve as Auditors for the Indiana Board for Depositories (“BFD”). The auditing firm selected will be requested to provide the customary services of Auditors.  This RFP is only a request for proposal for potential services.  The BFD creates no obligation, expressed or implied, by issuing this RFP or by receipt of any proposals submitted pursuant hereto.  The award of any contract as a result of this RFP shall be at the sole discretion of the BFD.  Neither this RFP nor any proposal submitted in response hereto is to be construed as a legal offer.

The Indiana Bond Bank, Indiana Education Savings Authority, and the Indiana ABLE Authority are releasing RFPs on the same timeline.  You may make a bid to provide audit services to the BFD alone or to all or any combination of the agencies.  Any bid made on this RFP must include a bid for the BFD.

Proposals must be received at the above location no later than the end of business, 4:30 p.m.  (Eastern Daylight Time), on Wednesday, May 9, 2018. 

The BFD RFP document can be found here: BFD Audit RFP (4.12.2018).  If you have any questions, please direct them to Ryan Locke through email at

Next Board Meeting

Board Meeting Live Stream:

Previous Meeting



A committee appointed by the Chairman of the Board for Depositories to study and make recommendations regarding the need for an actuarial study and related matters will meet at 3:00 p.m. on Thursday, March 1, 2018 in Suite 900 of One North Capitol, Indianapolis, Indiana 46204.

2018 BFD Board Meeting Dates Memo


On Thursday, June 14, 2018 at 9:30 a.m.

at One North Capitol, 9th Floor Conference Room, Indianapolis, Indiana 46204


The Indiana Board for Depositories will meet in Executive Session

pursuant to IC 5-14-1.5-6.1 and IC 5-13-12-2 for discussion of strategy with respect to the initiation of litigation or litigation that is either pending, or has been threatened specifically in writing.


The Indiana Board for Depositories will hold a Board of Directors meeting

immediately following the Executive Session at the same location:


One North Capitol Avenue, Indianapolis, Indiana 46204

9th Floor Conference Room



Submitted by Aaron Bacon

Office Manager for

The Indiana Board for Depositories

One North Capitol Avenue, Suite 900, Indianapolis, IN 46204-2043

Phone: (317) 232-5257 Fax: (317) 232-6650 Email:




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