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City of Mesa·Arizona

Credit Reporting Services

Closes 10/19/2022$100k – $110kInvitation for Bid
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Description

The City of Mesa is seeking a single‑source, firm‑fixed‑price contractor to provide comprehensive credit reporting services, including consumer credit scores, identity verification, skip‑trace, fraud detection, and secure online portal access. The contract is a five‑year term with possible renewals up to five additional years and a six‑month transition extension. Bidders must submit a complete pricing schedule, required certifications, insurance, and compliance documentation via the City’s Vendor Self‑Service portal. The solicitation was later cancelled on December 27 2022, but the original requirements remain useful for evaluating fit. • Provide consumer credit reports, FICO scores, and fraud alerts via a secure web portal (7 a.m.–6 p.m., M‑F). • Must be affiliated with at least one major U.S. credit bureau and comply with FCRA, FACTA, and related privacy regulations. • Required insurance: $1 M per occurrence / $2 M aggregate Commercial General Liability and Workers’ Compensation; plus various certifications and affidavits. • Fixed‑price contract for 5 years (potentially up to 10 years with renewals), with CPI‑U‑capped price adjustments near expiration.

Attached files

Contact

Nicole Nelson(Procurement Officer I)

[email protected]

(480) 644-2653

Key dates

Opened
9/29/2022
Closes
10/19/2022
Duration
5 years

Last updated

Details

Type
Invitation for Bid
Industry
Financial Services
NAICS
541519
Solicitation №
RFB-F145-2023070-2

Budget estimate

$100,000 – $110,000

The two submitted bids ranged from $107,650 to $110,000 for the full five‑year contract, indicating an annual revenue expectation of roughly $21,500–$22,000. Assuming the City’s TPT deduction (2 %) is applied during evaluation, the effective contract value would be slightly lower, but still in the low‑six‑figure range. Therefore, a realistic budget estimate for a successful bidder would be between $100,000 and $110,000 total over the contract term.

AI estimate from the solicitation

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