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  5. ›Banking Services for Clearing of Farmers Market

West Virginia Department of Agriculture, Business Development Division·West Virginia

Banking Services for Clearing of Farmers Market

Closes 12/17/2025$300k – $1.5MRequest for Quotation
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Description

The West Virginia Department of Agriculture, Business Development Division is soliciting bids to establish an open-end contract to host and support an internet-based, bank-free solution for redeeming senior farmers' market nutrition program food instruments. The contract will be for a period of one year, with the option to renew for up to three successive one-year periods. The vendor will be required to provide a secure online portal for data transfer and electronic reports, as well as a help desk for farmers and participants. The vendor will also be responsible for preparing and submitting 1099-K forms for the farmers. • The contract will require the vendor to provide an internet-based, bank-free solution for redeeming SFMNP food instruments. • The vendor will be required to provide a secure online portal for data transfer and electronic reports. • The vendor will be responsible for preparing and submitting 1099-K forms for the farmers. • The contract will be for a period of one year, with the option to renew for up to three successive one-year periods.

Attached files

Contact

Larry D McDonnell(Purchasing Division)

[email protected]

(304) 558-2063

Key dates

Opened
12/2/2025
Questions due
12/10/2025
Closes
12/17/2025
Duration
1 year

Last updated

Details

Type
Request for Quotation
Industry
Financial Services
NAICS
52232
Solicitation №
CRFQ-1400-AGR2600000022-1

Budget estimate

$300,000 – $1,500,000

Based on the estimated yearly quantities and unit costs provided in the pricing pages, the total contract value is estimated to be around $100,000 to $500,000 per year, depending on the actual usage and fees. The total contract value for the entire contract period, including renewals, could be around $300,000 to $1,500,000.

AI estimate from the solicitation

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