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  5. ›BEN-22-039 Electronic Benefit Transfer Processing and…

Department of Social Services·Virginia

BEN-22-039 Electronic Benefit Transfer Processing and Financial Services

Closes 10/28/2026$5M – $15MRequest for Proposal
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Description

The Virginia Department of Social Services is seeking proposals to award a term contract for comprehensive Electronic Benefit Transfer (EBT) processing and related financial services. The contract will cover multiple assistance programs, including SNAP, DSNAP, and SEBT, and will require a vendor to manage all transaction processing, system integration, reporting, and ongoing support services throughout the contract term. • Full‑scope EBT transaction processing for state‑wide nutrition assistance programs. • Provision of financial services such as fund transfers, settlement, and reconciliation. • Ongoing system maintenance, data security, reporting, and customer support for beneficiaries and agency staff. • Requirement to support existing and future program enhancements over the life of the contract. • Competitive negotiation process with a deadline for proposal submission on 28 Oct 2026.

Attached files

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

Contact

Whitney Wallace(Buyer)

Key dates

Opened
7/30/2026
Closes
10/28/2026

Last updated

Details

Type
Request for Proposal
Industry
Financial Services
NAICS
522320
Solicitation №
RFP-125382

Budget estimate

$5,000,000 – $15,000,000

No contract value is disclosed. Based on typical state‑level EBT processing contracts, which handle millions of dollar transactions and require extensive technology, support, and compliance services, the award is likely in the multi‑million‑dollar range (approximately $5 million to $15 million over the contract term). Factors influencing the estimate include the size of Virginia’s SNAP and related programs, the expected transaction volume, and the need for a secure, scalable processing platform.

AI estimate from the solicitation

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