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  5. ›Electronic Distribution of Benefits (CSEP Debit Cards)

Nevada Department of Human Services·Nevada

Electronic Distribution of Benefits (CSEP Debit Cards)

Closes 9/12/2022$5.7M – $28.7MRequest for Proposal
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Description

The Department of Human Services is seeking proposals from qualified vendors to provide electronic distribution cards (debit card) for child support payments to custodial parents with live implementation. The contract is expected to start on 01/01/2023 and end on 01/31/2027. The vendor will be required to provide CSEP electronic distribution bank card/debit card services. The scope of work includes providing a link from the vendor's website to the state agency website for seamless navigation, as well as ensuring that all data resides in the United States. • The vendor must adhere to the requirements outlined in the RFP, including providing a web link to vendor financial data annual report. • The vendor must ensure that all data is stored in the United States. • The vendor must provide a seamless navigation mechanism for customers to access unemployment insurance information and services. • The vendor must ensure that the debit card services meet the requirements outlined in the RFP, including providing a link to the state agency website.

Attached files

Contact

Ryan Vradenburg(Purchaser)

[email protected]

Key dates

Opened
8/3/2022
Closes
9/12/2022
Duration
48 months

Last updated

Details

Type
Request for Proposal
Industry
Financial Services
NAICS
522320
Solicitation №
40DHHS-S2043

Budget estimate

$5,738,593 – $28,692,860

Based on the average yearly distribution amount of $143,464,828, the total contract value over 48 months could be around $143,464,828 * 4 = $573,859,312. However, this is just an estimate and the actual budget may vary depending on various factors such as the number of cardholders, transaction fees, and other expenses. The vendor's revenue will likely be a percentage of the total distribution amount, which could be in the range of 1-5%. Therefore, the estimated budget for the vendor could be between $1,434,643 and $7,173,215 per year, or $5,738,572 and $28,692,860 over the 48-month contract period.

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