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Delaware undefined TRE·Delaware

Electronic Payment Consulting Services

Closes 6/27/2025$200k – $500kRequest for Proposal
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Description

The Office of the State Treasurer is seeking a consultant to provide electronic payment consulting services to the State of Delaware. The consultant will serve as a subject matter expert and provide advice and recommendations to the State on merchant services, including electronic payment processing, gateway services, and compliance with Payment Card Industry Data Security Standard (PCI DSS) standards. The consultant will assist the Office of the State Treasurer and other state agencies in addressing the State's practices and needs concerning merchant services. The scope of work includes providing ongoing advisory support, undertaking a structural review of the State's merchant services architecture, providing independent advice and recommendations on the procurement of merchant services contracts, and assisting with the annual PCI security processes. Some key points to note are: • The consultant will be required to attend and participate in meetings of the Board and the Banking Subcommittee, which meet quarterly. • The consultant will be expected to provide transition support as needed to engage new vendors and merchant services. • The consultant will be required to manage the annual PCI training portal, merchant inventory environments, and necessary operational functions to advise the State on compliance. • The contract term will be two years with three one-year extension options. • The consultant must have at least five years of continuous experience providing merchant services consulting services. • The consultant must staff the engagement with one or more employees possessing appropriate QSA credentials and/or other PCI certifications. • The consultant must be independent and able to make recommendations to the Board and the Office of the State Treasurer free from conflicts and solely in the best interest of the State.

Attached files

Contact

Fiah M. Kwesseu(Director of Operations and Fund Management)

[email protected]

(302) 672-6708

Key dates

Opened
5/5/2025
Questions due
5/23/2025
Closes
6/27/2025
Projected award
2/13/2026
Duration
2 years

Last updated

Details

Type
Request for Proposal
Industry
Financial Services
NAICS
541
Solicitation №
TRE25102-MSCONSULTSRVCS

Budget estimate

$200,000 – $500,000

The estimated budget for this opportunity is difficult to determine as the RFP does not provide a clear indication of the contract value. However, considering the scope of work, which includes providing ongoing advisory support, undertaking a structural review of the State's merchant services architecture, and assisting with the annual PCI security processes, it is likely that the contract value will be substantial. A rough estimate for the contract value could be in the range of $200,000 to $500,000 per year, considering the complexity of the services required and the need for specialized expertise. The actual budget will depend on various factors, including the consultant's experience, the level of expertise required, and the State's budget for the project.

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