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Awarded contract·Mt. San Antonio College·California

BankMobile - Student Refund Management Services

Won by BankMobile$2.3MSingle Award
Contract source

Awarded vendors

  • BankMobile

Description

The contract is for student refund management services provided by BankMobile to Mt. San Antonio College. The contract started on October 1, 2018, and is set to end on September 30, 2027. The scope of work includes managing student refunds, but the exact details of the services are not provided in the document. Key points to consider include the contract duration, the vendor's experience in providing similar services, and the potential for renewal. • The contract has a duration of 9 years, indicating a long-term partnership between the college and BankMobile. • The vendor, BankMobile, is expected to have experience in providing student refund management services to educational institutions. • The contract's end date is set for September 30, 2027, but it is unclear if the contract will be renewed or rebid at that time.

Attached files

The award documents live at the source — open the contract source above to download them.

Key dates

Starts
10/1/2018
Ends
9/30/2027
Duration
9 years

Last updated

Details

Award type
Single Award
Industry
Education
NAICS
611710

Contract value

$2,250,000

The contract value is not explicitly stated in the document. However, based on the scope of work and the duration of the contract, it is possible to make an educated estimate. Student refund management services are typically a critical component of a college's financial operations, and the contract duration of 9 years suggests a significant investment. Assuming an average annual contract value of $100,000 to $500,000, which is a reasonable range for similar services, the total contract value could be estimated to be between $900,000 and $4,500,000. This estimate is highly speculative and should be taken as a rough order of magnitude. Factors that could influence the actual contract value include the number of students served, the complexity of the refund management process, and the level of service required.

AI estimate from the award documents

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