Description
The Texas Comptroller of Public Accounts is seeking proposals from qualified financial institutions for Automated Clearing House (ACH) services. The successful respondent will provide a solution that is not a legacy system and will originate ACH entries in standard ACH format. The scope of work includes ACH credit and debit processing, secure data transmission, and account validation capabilities. The contract is expected to commence on July 1, 2026, and will have a term of 12 months. Key responsibilities include:
• Providing a secure telecommunications link via Secure FTP over a TCP/IP communications link
• Origination of ACH credit and debit entries
• Validation and verification of files received
• Electronic acknowledgement of receipt and transmission of verification results
• Timely notification of file errors, rejections, or required corrections
• Account validation capabilities
• Fraud alerting, payment validation, and exception handling procedures
The proposal should include a detailed description of the solution, associated costs, and security of the solution. The evaluation criteria will include the respondent's experience, technical approach, and pricing.