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  5. ›RFQ 26520504 - Payment Processing Services

California Department of Veterans Affairs·California

RFQ 26520504 - Payment Processing Services

Closes 8/21/2026$1M – $3MRequest for Quotation
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Description

The California Department of Veterans Affairs (CalVet) seeks a qualified contractor to provide comprehensive payment‑processing services for its Home Loans Division. The work includes 24 × 7 electronic, check‑mail, and credit‑card payment handling; daily check pick‑up and imaging; secure data posting to the MITAS loan‑servicing system; monthly statement printing and mailing; strict service‑level compliance; and ongoing reporting and security requirements. The contract is a three‑year fixed‑price schedule with possible extensions, and the award will be based on a technical score plus cost‑based evaluation. • 24 × 7 processing of electronic, credit/debit‑card, and mailed‑check payments with real‑time validation. • Secure file handling, SFTP transmission, and integration with CalVet’s MITAS system for loan‑payment posting. • Monthly statement printing, envelope preparation, and next‑day mailing, plus check‑image storage and destruction after 5 business days. • Mandatory compliance with California insurance, civil‑rights, and information‑security policies, plus a detailed SLA response matrix. • Required submission of extensive documentation (forms, cost worksheet, past‑project summaries) by August 21, 2026.

Attached files

Contact

Diana Gee(Procurement Official)

[email protected]

(916) 653-2003

Key dates

Opened
8/7/2026
Questions due
8/11/2026
Closes
8/21/2026
Projected award
8/24/2026
Duration
3 years

Last updated

Details

Type
Request for Quotation
Industry
Information Technology and Software Development
NAICS
541511
Solicitation №
0000039995

Budget estimate

$1,000,000 – $3,000,000

The solicitation does not disclose a total contract value; however, the cost worksheet lists high‑volume items such as 42,000 check‑processing captures, 38,400 check‑clearing services, and extensive monthly maintenance fees. Assuming average industry rates of $0.25 per check capture, $0.10 per check‑clearing, and $5,000 per month for system maintenance, the three‑year contract could range roughly from $1 million on the low end (minimal ancillary services) to $3 million on the high end (full volume plus optional printing/postage). The estimate reflects typical pricing for large‑scale payment‑processing contracts and the extensive service‑level requirements.

AI estimate from the solicitation

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