Credit and Debit Card Processing
Ended State & local contract Michigan Awarded
- Contract number
- MA210000000198
- Awardee
- ELAVON, INC.
- Contracting organization
- Department Technology, Management and Budget
Contract facts
- Cumulative value
- $168,600,000
- End date
- Points of contact
-
- Karissa Stoecker stoeckerk@michigan.gov (517) 614-5832
- Amy Kelso kelsoa@michigan.gov (517) 636-5372
- Joy Nakfoor nakfoorj@michigan.gov (517) 249-0481
- Emily Massa massae@michigan.gov (517) 897-7321
- Valerie Hiltz hiltzv@michigan.gov (517) 249-0459
Contract details come from michigan.gov. Updated .
About this contract
This indefinite delivery vehicle provides comprehensive credit and debit card processing services and equipment to the State of Michigan. Available products and services include payment processing terminals (Ingenico Lane series, Poynt, Moby, Converge, and Talech devices), peripherals, encryption and tokenization services (Safe-T Solo and Safe-T Link with P2PE Protect), and point-of-sale software solutions (Simplify). Transaction pricing is structured on a settlement basis, with differentiated rates for MasterCard/Visa ranging from $0.0250 to $0.0372 per transaction and Discover/American Express rates from $0.0375 to $0.0502, depending on merchant identification number (MID) classification. Equipment purchases range from $89 to $1,628 depending on device type and bundled configurations, supporting both standard payment methods and extended purchasing privileges through P-Card and Direct Voucher options.
The contract is awarded to Elavon, Inc., headquartered in Knoxville, Tennessee, and administered by the Michigan Department of Technology, Management and Budget (DTMB). The initial period of performance extends from February 1, 2021, through January 31, 2026, with five one-year option periods, and has been extended through August 30, 2028. The contract is classified as an indefinite delivery vehicle under the Department Technology, Management and Budget contract type with statewide geographic coverage throughout Michigan. The estimated aggregate contract value is $168,600,000.00 across all change notices, with a managed service fee model of 2.08% of transactions applicable to the Michigan Department of State.
Files
| File | Type | Posted |
|---|---|---|
| 210000000198.pdf |
Quick answers
Who holds contract MA210000000198?
Contract MA210000000198 was awarded to ELAVON, INC. by Department Technology, Management and Budget in Michigan on February 1, 2021.
How much is contract MA210000000198 worth?
Its cumulative value is $168,600,000.
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