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  4. ›R610-- Money Management Services

U.S. Department Of Veterans Affairs·Maine

R610-- Money Management Services

Closes 3/7/2025$1.3M – $5MSole Source
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Description

The Department of Veterans Affairs intends to negotiate a sole source contract for 5 years with Columbus House Inc. to continue money management services for veterans who are enrolled at the VA Connecticut Healthcare System. The contractor will provide recovery-oriented money management services, including intake and enrollment, budget development, and financial reporting. The contractor must be in current standing with the Social Security Administration and Veterans Benefits Administration, and must establish a no-fee bank account for each veteran enrolled in the program. The contractor will also be required to collect data on the effectiveness of the project. Key tasks include: • Conducting recovery-oriented intake and enrollment visits with each referred veteran • Developing personal budgets for each participant • Providing in-person and electronic representative payee and fiduciary services • Maintaining records of expenses and submitting annual reports • Collecting data on the effectiveness of the project The contract will be for a firm fixed price per veteran served, with a base period of one year and four optional one-year periods.

Attached files

Contact

Ophelia Wilson(Contract Specialist)

[email protected]

(203) 932-5711

Key dates

Opened
2/27/2025
Closes
3/7/2025
Duration
5 years

Last updated

Details

Type
Sole Source
Industry
Financial Services
NAICS
523991
Solicitation №
36C24125Q0292

Budget estimate

$1,250,000 – $5,000,000

The budget for this contract is estimated to be between $250,000 and $1,000,000 per year, based on the firm fixed price per veteran served and the number of veterans enrolled in the program. The total budget for the 5-year contract period could be between $1,250,000 and $5,000,000. The factors that may influence the likely payment range include the number of veterans enrolled in the program, the level of services required, and the complexity of the financial management tasks.

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