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  5. ›Closed-Loop Payment Processing System

Nevada Treasurer's Office·Nevada

Closed-Loop Payment Processing System

Closes 1/3/2020$1M – $5MRequest for Proposal
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Description

The State of Nevada is seeking a vendor to provide a Closed-Loop Payment Processing System. The system should be able to handle cash management services, including budgeting services. The vendor will be required to respond to the RFP with a detailed proposal, including pricing and technical information. The evaluation period is expected to take place from January 6, 2020, to January 15, 2020, with vendor presentations scheduled for January 27-28, 2020. The contract is expected to start on April 1, 2020, contingent upon Board of Examiners (BOE) approval. • The RFP includes a detailed timeline for the submission of questions, proposals, and evaluations. • The vendor must sign and return the amendment with their proposal. • The contract will be for a period of approximately 3 years, from April 1, 2020, to July 1, 2023. • The State of Nevada reserves the right to reject any or all proposals. • The vendor must comply with all applicable laws and regulations.

Attached files

Contact

Teri Becker(Purchaser)

[email protected]

Key dates

Opened
11/25/2019
Questions due
12/9/2019
Closes
1/3/2020
Projected award
1/29/2020
Duration
1214 days

Last updated

Details

Type
Request for Proposal
Industry
Financial Services
NAICS
522320
Solicitation №
05TO-S953

Budget estimate

$1,000,000 – $5,000,000

The budget for this opportunity is estimated to be in the range of $1 million to $5 million per year, based on the scope of the project and the expected duration of the contract. The actual budget will depend on the vendor's pricing and the specific requirements of the contract. Factors that may influence the budget include the complexity of the payment processing system, the number of transactions processed, and the level of support required.

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