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Awarded contract·County of Fresno·California

Electronic Payment Processing

Won by Global Payments dba Heartland Payment Systems$2.5MSingle Award
Contract source

Awarded vendors

  • Global Payments dba Heartland Payment Systems

Description

The County of Fresno is seeking a vendor to provide electronic payment processing services for credit card, debit card, and e-check payments via the County's various websites, IVR's, phone systems, and POS locations. The successful vendor should be prepared to provide service for up to twenty-five County departments. The contract was awarded to Global Payments dba Heartland Payment Systems, who was recommended by the Auditor-Controller/Treasurer-Tax Collector's office. Key features of the contract include a flat fee for debit card transactions and the ability to meet the County's tight implementation timeline. • The contract is for electronic payment processing services • The vendor will provide service for up to twenty-five County departments • The contract was awarded to Global Payments dba Heartland Payment Systems • The vendor will charge a flat fee for debit card transactions • The vendor will meet the County's tight implementation timeline

Attached files

Key dates

Last updated

Details

Award type
Single Award
Procurement
Full and Open Competition
Industry
Financial Services
NAICS
522320
Solicitation №
24-065

Contract value

$2,500,000

The value of this contract is difficult to estimate without more information. However, based on the fact that the contract is for electronic payment processing services for up to twenty-five County departments, it is likely that the value is in the hundreds of thousands or millions of dollars. The contract document notes that the vendor will charge a flat fee for debit card transactions, which could be a significant source of revenue for the vendor. Additionally, the contract may involve other fees and charges, such as implementation fees, maintenance fees, and transaction fees. Overall, a rough estimate for the value of this contract could be $500,000 to $5 million per year, depending on the scope and duration of the contract.

AI estimate from the award documents

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