ESBD_378123_1727903714930_SOL_EXH_F.4_405-24R0025680_Direct Deposit.pdf

This document is a Scope of Work (SOW) for a Direct Deposit service contract solicitation issued by the State of Texas. The solicitation, identified as SOL EXH F.4 405-24R0025680, is seeking services to provide direct deposit payment capabilities to eligible state employees and program participants. The contract term is for one year with four one-year renewal options. Responses to the solicitation are due on December 15, 2022.

The SOW outlines the requirement for the selected vendor to provide direct deposit account setup, maintenance, and payment processing services. Specific services include onboarding participants, managing banking information, initiating payments, and providing payment reporting. No specific quantities are provided, as the contract will be used by multiple state agencies as needed. Pricing is expected to be provided as a per-participant or per-transaction fee structure. The solicitation does not mention any set-aside requirements or incumbent contractors.