Remote cash and deposit capture

The Michigan Department of Treasury Indefinite Delivery Vehicle (MA271B5500013C) provides remote cash and deposit capture services to support the state's financial operations. This IDV enables the procurement of solutions and services related to the secure receipt, processing, and handling of cash deposits through remote capture technologies. The vehicle is designed to facilitate efficient fund collection and deposit management across Michigan Department of Treasury operations, allowing the state to streamline cash handling procedures while maintaining appropriate security and accountability controls.

Fifth Third Bank serves as the prime contractor for this IDV under the Michigan Department of Treasury's contracting authority. The contract was awarded on August 10, 2026, with a completion date of September 18, 2026, providing coverage throughout the state of Michigan. This engagement leverages the financial institution's specialized expertise in remote cash and deposit capture capabilities to enhance the efficiency and security of the state's treasury operations.