Att N - RFP Glossary.docx

DOCX document 36 KB Posted

Attached to
Banking for Unemployment BenefitsBid Documents
Solicitation number
26-87282
Issued by
Marion County, Indiana

About this file

This file is an RFP Glossary for solicitation 26-87282 issued by the Indiana Department of Workforce Development (DWD), a state agency providing unemployment insurance, jobseeker services, employer training programs, and workforce skills development. The glossary defines fifty-three key terms and acronyms relevant to the solicitation, including financial mechanisms (ACH transfers, stored value cards), service delivery metrics (call abandonment rates, key performance indicators), regulatory frameworks (GLBA, PCI DSS, 20 CFR 603), and contract management concepts (BAFO, corrective action plans, FTE measurements). Terms are presented in alphabetical order with precise, technical definitions designed to establish common understanding between the State and respondents regarding unemployment insurance operations, payment processing, data security, and performance expectations.

The glossary establishes definitional standards for critical operational and compliance concepts applicable to the contract opportunity. Definitions address financial service providers (banks, credit unions), electronic fund transfer systems (ACH same-day and standard processing), data protection requirements (PCI DSS, GLBA, confidentiality rules under 20 CFR 603), and performance management frameworks (KPIs, CAPs). The document also clarifies procurement terminology such as Prime Contractor, Subcontractor, respondent roles, and contract award procedures. By standardizing terminology related to unemployment insurance administration, payment card security, business continuity, and customer service metrics, the glossary ensures all parties understand evaluation criteria, compliance obligations, and performance measurement standards for the resulting contract.

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Att B1 - IOT-IaaS (1).docx DOCX document
RFP Boilerplate vFinal.docx DOCX document
Att J - Attestation Form.docx DOCX document
Att F- Technical Proposal (1).docx DOCX document
Att I - Pre-Proposal Network Form.docx DOCX document
Att A - IVOSB Commitment Form.docx DOCX document
Att B3 - IOT-SaaS (1).docx DOCX document
Att A1 - INSBP Commitment Form.docx DOCX document
Att K - SOW.docx DOCX document
Att B - Sample Contract (2).docx DOCX document
Att L-Artificial Intelligence - Technical Proposal Questions.docx DOCX document
Att H - Reference Check Form.docx DOCX document
Att E - Business Proposal.docx DOCX document
Att D - Cost Proposal vFINAL1.xlsx XLSX spreadsheet
Att B2 - IOT-PaaS (1).docx DOCX document
Att M-Infrastructure Overview.docx DOCX document
Att G - Q&A Template.xlsx XLSX spreadsheet
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RFP 26-87282 Attachment N RFP Glossary

Term
Definition
ACH
Automated Clearing House, a network that electronically transfers money between banks and credit unions.

1) Same day: an expedited variant of the US ACH network that clears and settles credit and debit transfers within the same business day across three Nacha-mandated settlement windows, with a per-transaction limit of approximately 920,000 euros (USD 1M).

2) Standard/next-day: 1 - 3 business days

ATM
Automated Teller Machine
Award Recommendation
IDOA’s summary, typically in letter format, of the solicitation and suggestion on respondent selected for the purposes of beginning contract negotiations.
BAFO
Best and Final Offer is an opportunity for short-listed respondents to propose an improved cost for final score consideration.
Bank
Encompasses a bank or trust company incorporated and operating under the laws of the United States or any state, including the District of Columbia, where a substantial part of its business involves receiving deposits, making loans and discounts, or exercising fiduciary powers similar to those permitted to national banks under the Comptroller of the Currency. These institutions must be subject to supervision and examination by the appropriate state or federal authority overseeing banking institutions (26 U.S.C. § 581)
BAV
Bank Account Validation services used to validate routing/account numbers.
BC/DR
BC/DR stands for Business Continuity and Disaster Recovery, a combined strategy to keep a business operational during disruptions and restore IT systems afterward.
Call Abandonment Rate
Call abandonment rate measures the proportion of inbound calls that are terminated by the caller before they are connected to a customer service agent or representative.
Corrective Action Plan (CAP)
A corrective action plan (CAP) is a formal approach designed to resolve issues that have already occurred and prevent them from happening again. It focuses on identifying the root cause of a problem rather than just addressing its symptoms, ensuring long-term improvements in processes, products, services, or employee performance.
Claimant
A claimant is someone who files a claim with their state’s unemployment insurance program to receive temporary financial assistance while they are unemployed.
Contract Award
The acceptance of IDOA’s Award Recommendation by the agency being supported in conjunction with the public posting of the Award Recommendation.
Contractor
The awarded Respondent under the resulting contract.
Constructive Receipt
A doctrine in U.S. income tax law. It states that income is considered received—and therefore taxable—when it is credited to your account, set apart for you, or otherwise made available so you could access it at any time, provided there are no substantial limitations or restrictions on your control over the funds (Treas. Reg. § 1.451-2)
Credit Union
A nonprofit financial cooperative chartered under the Federal Credit Union Act or under the laws of any U.S. state, the District of Columbia, U.S. territories, or Puerto Rico.
CSR
Customer Service Representative
Department of Workforce Development
The Indiana Department of Workforce Development (DWD) is the state’s employment and reemployment agency, providing unemployment insurance, job‑seeker services, employer training programs, labor market data, and workforce‑skills development across Indiana.
Full Time Equivalent (FTE)
The State defines FTE as a measurement of an employee's productivity when executing the scope of work in this solicitation for a specific project or contract. An FTE of 1 would mean that there is one worker fully engaged on a project. If there are two employees each spending 1/2 of their working time on a project that would also equal 1 FTE
Funding File
The DWD file initiating benefits disbursement (ACH/SVC).
GLBA
The Gramm–Leach–Bliley Act (GLBA), also known as the Financial Services Modernization Act of 1999.
Hours
1) "Hours" indicates regular clock hours, 24/7.

2) "Standard/business hours" indicates deviation from regular clock hours to DWD's specified hours of operation.

IAC
Indiana Administrative Code
IC
Indiana Code
Installation
The delivery and physical setup of products or services requested in this solicitation
IVR
IVR (Interactive Voice Response) is an automated phone system that uses prerecorded or synthesized voice prompts and keypad or voice inputs to route calls, provide information, or enable self‑service without a live agent.
Key Performance Indicators
Key Performance Indicators (KPIs) are critical, measurable indicators of progress toward a desired result.
NACHA
Nacha, formerly the National Automated Clearing House Association (NACHA), is a nonprofit consortium of banks, credit unions, and payment processors that develops and enforces the rules for the Automated Clearing House (ACH) network, the U.S. system for electronic funds transfers between bank accounts.
Other Governmental Body
An agency, a board, a branch, a bureau, a commission, a council, a department, an institution, an office, or another establishment of any of the following:

1) The judicial branch

2) The legislative branch

3) A political subdivision as defined in IC 5-22-2-22 and IC 36-1-2-13 (includes school corporations, municipal corporations, Legislative body, Taxing district, Town, Township, and Unit)

4) A State educational institution

PCI DSS
The Payment Card Industry Data Security Standard (PCI DSS) is a set of security standards created to safeguard cardholder data (CHD) and sensitive authentication data (SAD) during storage, processing, and transmission.
PII
Personally Identifiable Information
Prime Contractor
Refers to the entity responding to the solicitation.
Products
Tangible goods or manufactured items as specified in this solicitation
Proposal
An offer as defined in IC 5-22-2-17
Respondent
An offeror as defined in IC 5-22-2-18; and any entity or person who does business with the State and is registered as same. The State will not consider a proposal responsive if two or more offerors submit a joint or combined proposal. One entity or individual must be clearly identified as the company who will be ultimately responsible for performance of the contract.
Services
Work to be performed as specified in this solicitation
State
The State of Indiana
State Agency
As defined in IC 4-13-1, “State Agency” means an authority, board, branch, commission, committee, department, division, or other instrumentality of the executive, including the administrative, department of State government
Standard Importance Level
1) Important: Standard degree of significance, urgency, or consequence.

2) Critical: Highest degree of significance, urgency, or consequence, where something is essential, vital, or decisive for a particular outcome.

Stored Value Card
A stored value card (SVC) is a prepaid payment card that holds a specific amount of money directly on the card, allowing purchases until the balance is used up.
Subcontractor
Refers to the entity entering into a contract with the Prime Contractor for a portion of the scope of the solicitation.
Total Bid Amount
The amount that the Respondent proposes representing their total, all-inclusive price.
Unemployment Insurance
Unemployment Insurance (UI) is a joint federal-state government administered program that provides temporary financial support to workers who lose their jobs through no fault of their own. UI is earned through prior employment and wages, not based on financial need.
VSC (Valuable Scope Contribution)
The benefit the proposed certified subcontractors(s) must provide to the project set forth in the solicitation.
Vendor
An entity submitting a bid for contract or awarded a contract.
20 CFR 603
20 CFR Part 603 governs the confidentiality and disclosure rules for State Unemployment Compensation (UC) information, covering §§603.1–603.23 and detailing definitions, confidentiality requirements, exceptions, mandatory disclosures, and enforcement.

File details come from the government source that posted it. Updated .