Attachment 1 - Revision 1.xlsx
XLSX spreadsheet 17 KB Posted
- Attached to
- CCTC ONLINE TUITION PAYMENT PLAN SYSTEM State and local contract opportunity
- Solicitation number
- 5400024335
- Issued by
- Spartanburg County, South Carolina
About this file
This is an attachment to a bid solicitation for the CCTC Online Tuition Payment Plan System in South Carolina, specifically detailing the fee structure and evaluation criteria for payment processing services. The document outlines a single line item for a late fee applicable when payments are submitted more than the due date using a credit card, with the fee calculated as 5% of the payment amount. The fee structure is designed to assess offerors' proposed charges across multiple payment scenarios to evaluate total cost to the entity.
Part B of the attachment presents eleven evaluation scenarios with a hypothetical student balance of $10,000, including on-time payments via ACH and credit card, early payoffs, late payments at varying intervals, no payment situations at 30, 60, and 90 days, and returned payments via both payment methods. Each scenario specifies a payment amount of $100 (except full payoff scenarios of $10,000) and an evaluated amount ranging from $10,000 to $100,000, with a cumulative total evaluated amount of $530,000 across all scenarios. The evaluation methodology allows the state to assess offerors' fee proposals across diverse payment conditions and outcomes to determine the most cost-effective payment processing solution.
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Other files for this state and local contract opportunity
| File | Type | Posted |
|---|---|---|
| Solicitation.pdf | ||
| Amendment 1.pdf | ||
| Award Extension Notice.pdf |
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Text version
Part A
5400024335 ATTACHMENT 1
Part A Offeror Name:
| Line Item | Fee Name | Fee Description | Applicable Criteria | Method of Computing | Fee Amount / Fee Formula | |
| Example | CC Late Fee | Fee assessed when payment is after the due date. | 1. Full payment is submitted 1-5 days past due date. | |||
| 2. Visa credit card was used to make payment. | Formula | Payment Amount x 5% | ||||
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Part B
5400024335 ATTACHMENT 1
Part B
| Offeror Name: |
| All scenarios and dollar values provided are for purposes of evaluation only and do not reflect actual anticipated usage. |
| Scenario | ||||||
| In all scenarios below, assume the student has a total balance of $10,000. | Payment Amount | Offeror's Proposed Fee | Payment + Fee | Evaluated Amount | Line Item(s) | Notes |
| On-time Payment (ACH) | $ 100.00 | $ 100.00 | $ 100,000.00 | |||
| On-time Payment (Credit Card) | $ 100.00 | $ 100.00 | $ 100,000.00 | |||
| Payoff Full Balance Early (ACH) | $ 10,000.00 | $ 10,000.00 | $ 10,000.00 | |||
| Payoff Full Balance Early (Credit Card) | $ 10,000.00 | $ 10,000.00 | $ 10,000.00 | |||
| Late Payment - 10 days late (Credit Card) | $ 100.00 | $ 100.00 | $ 50,000.00 | |||
| Late Payment - 29 days late (ACH) | $ 100.00 | $ 100.00 | $ 50,000.00 | |||
| No Payment (30 days) | $ 100.00 | $ 100.00 | $ 40,000.00 | |||
| No Payment (60 days) | $ 100.00 | $ 100.00 | $ 30,000.00 | |||
| No Payment (90 days) | $ 100.00 | $ 100.00 | $ 20,000.00 | |||
| Returned Credit Card Payment | $ 100.00 | $ 100.00 | $ 60,000.00 | |||
| Returned ACH Payment | $ 100.00 | $ 100.00 | $ 60,000.00 | |||
| Total Evaluated Amount: | $ 530,000.00 |
File details come from the government source that posted it. Updated .