RFP - EDIS90126 Electronic Payment Services

The State Controller’s Office seeks a single Originating Depository Financial Institution (ODFI) to provide a comprehensive electronic‑payment platform for the State of California. The contractor will manage high‑volume ACH/EFT disbursements, issue and support reloadable prepaid pay cards, operate a secure customer portal, and enable digital‑wallet, push‑to‑card, and international USD‑only payments. All services must meet stringent NIST SP 800‑53 Moderate security controls, FedRAMP/StateRAMP authorization, and a $8 million ceiling for the six‑year base term (with two optional two‑year extensions). • Core services: Direct‑deposit ACH, global digital payments, prepaid‑card issuance, digital‑check processing, push‑to‑card, and a web/mobile portal. • Mandatory requirements: ≥ 5 years ODFI experience, ≥ 5 million monthly direct‑deposit transactions, ≥ 5 million prepaid‑card transactions annually, 99 % ACH accuracy, 98 % return‑item turnaround, $15 billion three‑day ACH volume threshold, FTPS/TLS 1.2 file transfer capability, and FedRAMP/StateRAMP Moderate compliance. • Evaluation: Minimum technical score 680/920, interview required for scores ≥ 680, final award to the lowest‑cost technically‑responsive proposal.