Description
The State of Nevada Purchasing Division is seeking proposals from qualified vendors to provide software and support for the Nevada Unclaimed Property Program. The program requires a system that can handle public and non-public facing interfaces, imaging systems, data protection, and more. The vendor will be required to provide encryption for data at all stages of use, housing of servers in the United States, and background checks for staff and contractors. The system must also be able to automatically import claims initiated on the MissingMoney website, track holder compliance, and allow for customized reporting.
Some key features of the system include:
• Ability to make payments by electronic formats supported by the State's banking partners
• Ability to automatically clear reports based on report and receipt information matching
• Ability to track holder compliance and provide reporting
• Ability to allow for new holders to be created internally by copying information from another holder
• Ability to allow for new holders to be created based on importing of the Nation Association of Unclaimed Property Administrators (“NAUPA”) formatted Holder Report file
• Ability to automate data related to funds received, paid, or subsequent reversals of funds received or paid by the State's bank account into the system
• Ability to perform ACH payments and Check payments to claimants
• Ability to allow for the State to process reports and claims in NAUPA II / NAUPA III formats