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  5. ›SOLE SOURCE-DEBTBOOK-FINANCE

Alabama Office of the Chief Procurement Officer·Alabama

SOLE SOURCE-DEBTBOOK-FINANCE

Closes 4/14/2026$5k – $25kRequest for Quotation
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Description

This solicitation is a Quick‑Quote, sole‑source procurement for “Debtbook‑Finance” services or related financial products. The State of Alabama will award a contract with a total ceiling of $25,000, renewable annually for up to five years, provided the cumulative spend stays within the limit. Suppliers must be registered in Alabama Buys, be eligible under state procurement rules, and provide E‑Verify documentation within five days of award. Payment will be made electronically (EFT, state credit cards, etc.) at no extra cost to the State. No indemnification is provided, and any disputes are resolved in Montgomery, AL. • Maximum contract value $25,000 (including renewals) • Annual renewal possible, up to five‑year total term • Requires E‑Verify proof within 5 calendar days of award • Electronic payment only; supplier must accept EFT/P‑card • Supplier must be registered in Alabama Buys and, if out‑of‑state, with the Alabama Secretary of State

Attached files

Key dates

Opened
4/9/2026
Closes
4/14/2026
Duration
5 years

Last updated

Details

Type
Request for Quotation
Industry
Financial Services
NAICS
523920
Solicitation №
SRC0000033564

Budget estimate

$5,000 – $25,000

The contract ceiling is $25,000 total, with the possibility of annual renewals up to five years. Assuming the agency may award the full ceiling, the expected earnings could range from a modest $5,000 for a single‑year, limited‑scope engagement to the full $25,000 if all renewals are exercised. Factors influencing the budget include the depth of the debt‑book analysis, the number of transactions processed, and any approved price escalations (capped at 5 % per year).

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