Contract C75920

The Florida Department of Revenue has awarded contract C75920 to Experian for credit reporting services effective June 12, 2026, through June 11, 2027. The contract establishes a blanket order arrangement valued at $1,000.00 for a pilot program involving Credit Profile Reports supplemented by optional Income Insight W2 reports and Profile Summary services. The base service delivers full consumer credit profile reports at $1.80 per inquiry, with optional enhancements available at $0.33 per inquiry for Income Insight W2 and $0.25 per summary for Profile Summary services.

The pricing structure incorporates usage-based components including a Fair and Accurate Credit Transactions Act (FACTA) compliance fee calculated at 8 percent of total online credit services costs, and a Colorado statutory surcharge of $0.75 per applicable consumer report in accordance with Colorado Revised Statute 5-2-212. Credit reports delivered through parallel processing are subject to a $2.05 per inquiry premium. The contract provides the Department with fixed unit rates rather than volume-based pricing tiers, establishing predictable costs over the 12-month contract term with final expenditures dependent upon actual usage, optional service selections, and applicable regulatory surcharges.