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  5. ›IP Banking System - DRC270038 - OSC

Ohio Department of Rehabilitation and Correction·Ohio

IP Banking System - DRC270038 - OSC

Closes 8/14/2026$500k – $2MRequest for Information
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Description

The Ohio Department of Rehabilitation and Correction (ODRC) is seeking information and vendor recommendations to implement a statewide financial management platform that will handle trust account management for incarcerated individuals, commissary point‑of‑sale transactions, child‑support and debt deductions, and institutional cashier workflows. The RFI seeks insights on system architecture, compliance with Ohio Revised Code and ODRC fiscal policies, integration with existing correctional financial processes, and recommendations for best‑in‑class solutions. Vendors will need to review the attached RFI documents and submit required responses via the OhioBuys portal by the stated deadline. • Core functions: trust account management, commissary POS, child‑support & debt deductions, cashier workflow automation. • Compliance focus: adherence to ORC statutes and ODRC fiscal policies. • Delivery method: electronic submission through OhioBuys; no on‑site visits or mandatory pre‑bid meetings indicated. • Evaluation: ODRC will use the information gathered to shape future procurement strategy for a statewide banking system.

Attached files

The solicitation documents live at the source — open the bid source above to download them.

Key dates

Opened
7/30/2026
Questions due
8/7/2026
Closes
8/14/2026

Last updated

Details

Type
Request for Information
Industry
Financial Technology
NAICS
541511
Solicitation №
SRC0000040912

Budget estimate

$500,000 – $2,000,000

The solicitation does not disclose a budget, but similar statewide correctional financial‑management projects typically range from $500,000 to $2,000,000 depending on scope, integration complexity, licensing, and ongoing support. Given the multi‑facility nature of ODRC and the need for robust compliance features, a realistic estimate would fall in the mid‑six‑figure to low‑seven‑figure range.

AI estimate from the solicitation

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