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  5. ›Physical and Virtual Single-Load Prepaid Cards

University of Wisconsin System·Wisconsin

Physical and Virtual Single-Load Prepaid Cards

Closes 9/22/2026$200k – $500kInvitation for Bid
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Description

The University of Wisconsin System is seeking bids to supply and manage a single‑load prepaid card program that includes both physical and virtual cards. The contract will cover card issuance, secure loading of funds, online portal access, 24/7 fraud support, compliance with CFPB fee disclosures, PCI‑DSS v4.0.1, SOC 2/ISO 27001, WCAG 2.1 AA accessibility, and FERPA‑compliant data handling. Bidders must provide detailed cost breakdowns for implementation, card production, load processing, data feed setups, and ongoing services, and must be able to mail cards directly to individuals and support multiple UW campuses, state agencies, and municipalities under a single contract. • Must deliver single‑load, non‑reloadable prepaid cards (physical and virtual) with secure activation and no overdraft features. • Required to maintain PCI‑DSS, SOC 2/ISO 27001 security certifications, provide daily SFTP/API data feeds, and support multi‑language, accessible user portals. • Contract term runs to August 31 2027 (≈ 11 months) with possible extensions; award expected late September 2026. • All bids submitted electronically via the ShopUW+ JAGGAER sourcing module; no minimum order quantity, and bidders may submit $0 for any fee line item.

Attached files

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

Contact

Dora Hohn(Buyer)

[email protected]

Key dates

Opened
8/24/2026
Questions due
9/1/2026
Closes
9/22/2026
Projected award
9/25/2026
Duration
11 months

Last updated

Details

Type
Invitation for Bid
Industry
Financial Services
NAICS
522320
Solicitation №
2027-SYSALL-01429-RFB

Budget estimate

$200,000 – $500,000

No contract ceiling is disclosed, but the scope involves issuing roughly 1,400 cards per year, loading about $70,000 in funds, and providing a suite of ongoing services (portal hosting, fraud support, data feeds, compliance reporting). Assuming an average fee of $150–$350 per card (including issuance, loading, and service fees) plus additional annual service fees, the total contract value could range from $200,000 to $500,000. Larger vendors with extensive security certifications may command the higher end, while smaller providers could target the lower end.

AI estimate from the solicitation

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