Pricing_Compensation_ Attachment H - REVISED 1-31-2022~1.xlsx

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Attached to
RFP-Benefit Banking
Solicitation number
22-427DES-ADMIN-B-27343
Issued by
Cook County, Illinois

About this file

Written by GovTribe AI ·

This document is a Pricing/Compensation Attachment H for a Request for Proposal (RFP) issued by the Illinois Department of Employment Security (IDES) for Benefit Banking services. The RFP seeks to fill the agency's need to manage the state's unemployment benefits to be paid out to eligible claimants. The attachment provides a summary sheet and detailed pricing information for various services, including general account management, direct deposit, retail lockbox, prepaid debit cards, and check disbursement. The volume estimates and unit pricing are provided for each service, with the total fees charged to IDES and cardholders calculated. The contract term is up to 9 years, with an initial term and potential renewal options.

The pricing information covers charges to IDES for account maintenance, transaction processing, and other related services, as well as fees that may be charged to cardholders for ATM withdrawals, balance inquiries, and other cardholder services. Pricing is structured with both fixed monthly fees and variable per-unit charges based on estimated transaction volumes. There are also sections for bidder-defined additional services and pricing. The RFP does not mention any specific set-aside requirements or incumbent information.

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Forms B Section V.20.1~5.docx DOCX document
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Vendor Instruction for RFPs v22.1 Published 09.21.21.docx DOCX document
SPO comment on first paragraph B-27343 Benefit Banking RFP Answers_03.01_.docx DOCX document
Final_RFP_Benefit Banking FY22 RFP 2.2.2022~1.docx DOCX document
Attachment - Notice of Electronic Submission Only v.22.1~2.pdf PDF
BEP ADDENDUM B-27343.xlsx XLSX spreadsheet
BEP Subcontractor List.xls XLS spreadsheet
Forms A Section V.18.1~6.docx DOCX document
Signed B-27343 Benefit Banking RFP Notice of Award.pdf PDF

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SUMMARY (1)

Page 1 of 5
Illinois Department of Employment Security
PRICING / COMPENSATION
ATTACHMENT H
BIDDER NAME
PRICING / COMPENSATION SUMMARY SHEET
AVERAGE
PER
MONTHANNUALIZED
TOTALTOTAL
Total Fees Charged to IDES (from Pg 3 of 5, Ln 50)$ -$ -
Total Fees Charged to Cardholders (from Pg 4 of 5, Ln 32)--
TOTAL ALL SERVICES$ -$ -

IDES Charges (2)

Illinois Department of Employment SecurityPage 2 of 5
PRICING / COMPENSATION
ATTACHMENT H
BIDDER NAME
FEES CHARGED TO IDES
LnAFP SERVICE CODESAVERAGE PER MONTHANNUALIZED
No.DESCRIPTION OF SERVICEPROFORMAPER BIDDERVOLUME(1)UNIT CHARGETOTALTOTAL
General Services:
1Acct maint-Investment/Transaction/Disbursement0100101$ - 0$ - 0$ - 0
2Acct maint-depository01002Z1--
3Acct stmt-Investment/Transaction/Disbursement05040Z21--
4Acct stmt-depository0103ZZ21--
5ETA 8413 preparation/acct analysis0104001--
6Checks paid1501101,200--
7Return Item final10040020--
8Return Item reclear10040220--
9Items deposited1002002,100--
10Check photocopies15134130--
11Stop payments, automated150410230--
12ARP full reconciliation2001101,200--
13ARP full maintenance2000101--
14Check imaging per item1513511,200--
15Online database4000011--
16Online database load and update40010070--
17Cash management software4002101--
18Courier trips01052021--
19Wire transfer out - manual35020020--
20Wire transfer in35030040--
21Sub-total of General Services$ -$ -
22
23Direct Deposit:
24ACH origination Dr/Cr25010121$ - 0$ -$ -
25ACH file transmission25050150--
26ACH return item250302275--
27ACH notice of change251070220--
28ACH maintenance2500003--
29ACH master file website maintenance2508021--
30ACH master file250000255,000--
31ACH credit origination250101255,000--
32Direct deposit enrollment website2511001--
33Sub-total of Direct Deposit$ -$ -
34
35Retail Lockbox:
36Retail lockbox maintenance0500101$ - 0$ -$ -
37Retail lockbox PO box rental0500121--
38Retail lockbox special handling05021P40--
39Retail lockbox image05021Q3,300--
40Retail lockbox data capture OCR0502223,300--
41Retail lockbox data capture MICR line0502213,300--
42Retail lockbox deposit ticket preparation05030160--
43Retail lockbox deposit reporting - auto05031060--
44Retail lockbox info delivery - auto0504041--
45Retail lockbox reject items exception handling0505002,800--
46Retail lockbox reject items - unprocessable05053025--
47Retail lockbox document storage - retrieval050610800--
48Retail lockbox document storage imaged05021Q5--
49Retail lockbox credit card merchant fee050238750--
50Retail lockbox coupon maintenance0505101--
51Retail lock box 800 tel # for credit card payments0701001--
52Retail lock box per call fee05023B2,000--
53Retail lockbox 800 maintenance0502381--
54Sub-total of Retail Lockbox$ -$ -
55
56Prepaid Debit Card (alternative to check disbursement services):
57Prepaid debit card monthly website fee0700201$ - 0$ -$ -
58Sub-Total Fees Charged to IDES (to Pg 3, Ln 49)$ -$ -

IDES Charges (cont) (3)

Illinois Department of Employment SecurityPage 3 of 5
PRICING / COMPENSATION
ATTACHMENT H
BIDDER NAME
FEES CHARGED TO IDES (Cont.)
LnAFP SERVICE CODESAVERAGE PER MONTHANNUALIZED
No.DESCRIPTION OF SERVICEPROFORMAPER BIDDERVOLUME(1)UNIT CHARGETOTALTOTAL
Check Disbursement Services (alternative to prepaid debit card):
1Controlled disbursements account maintenance1500001$ - 0$ -$ -
2Controlled disbursements check posted150110600--
3Stop payment automatic renewal150412200--
4Check / debit posted010100494,000--
5Check print maintenance1500401--
6Check print per item151810494,000--
7Check print input file15180015--
8Check print postage151850494,000--
9Image storage per item151351494,000--
10Special services1599991--
11Check inquiry maintenace1517101--
12imaging maintenance1513502--
13Exception notification - account1500301--
14Sub-total of Check Disbursement Services$ -$ -
15
16Other Fees Charged to IDES - Bidder Defined (2):
17$ - 0$ -$ -
18--
19--
20--
21--
22--
23--
24--
25--
26--
27--
28--
29--
30--
31--
32--
33--
34--
35--
36--
37--
38--
39--
40--
41--
42--
43--
44--
45--
46--
47--
48Sub-Total Other Fees Charged to IDES - Bidder Defined (2)$ -$ -
49Sub-Total Fees Charged to IDES (from Pg 2 of 5, Ln 58)$ -$ -
50TOTAL FEES CHARGED TO IDES (to Pg 1)$ -$ -

NOTES:

(1) For services charged to IDES, the volume is an estimated monthly average. Volume of "1" usually means a fixed monthly fee. For "one time" start-up costs charged to IDES, use 0.00926 as the volume (1/108 months) to amortize the cost over the potential 9-year contract period.

(2) Use the "Bidder Defined" sections if there are other services not listed for which you would like to include pricing in your proposal.

Cardholder Charges (4)

Illinois Department of Employment SecurityPage 4 of 5
PRICING / COMPENSATION
ATTACHMENT H
BIDDER NAME
FEES CHARGED TO CARDHOLDERSABCDEFGH
VOLUME OF TRANSACTIONS PER MONTH *PROPOSED FEES
PER IDES (DEC 2018)PER BIDDERNOT FREE (calc)
EACH CARDHOLDERFEE PER UNIT
AVERAGE =FREE**IN EXCESS OF
LnCol. A ÷ byMAXIMUMAVERAGETOTALFREETOTAL FEES PER
#DESCRIPTION OF SERVICESTOTAL34,391PER MONTH(B - C)(D X 34,391)TRANSACTIONSMONTHYEAR
1Cardholder Services:
2ATM withdrawals (IN & OUT of Network):61,8311.79788
3Out of Network (est 80% on avg)49,4651.43831- 01.4383149,465$ - 0$ -$ -
4IN Network (est 20% on avg)12,3660.35958- 00.3595812,366$ - 0--
5Outside U.S. (less than 1%)-- 0- 0- 0-$ - 0--
6ATM balance inquiry fee (IN & OUT of Network):61,8311.79788
7Out of Network (est 80% on avg)49,4651.43831- 01.4383149,465$ - 0--
8IN Network (est 20% on avg)12,3660.35958- 00.3595812,366$ - 0--
9Transaction denials for insufficient funds5,0000.14539- 00.145395,000$ - 0--
10Cash advance (Over the Counter Withdrawals)3,3630.09779- 00.097793,363$ - 0--
11Customer service / Web500.00145- 00.0014550$ - 0--
12Customer service / IVR (includes operator assistance)5,0000.14539- 00.145395,000$ - 0--
13Replacement card:
14Replacement cards mailed - USPS2,0470.05952- 00.059522,047$ - 0--
15Replacement cards mailed - Expedited (add to card fee)7670.02230- 00.02230767$ - 0--
16Overdrawn benefit card fee2,0000.05815- 00.058152,000$ - 0--
172-year expiration with unspent funds / Check issued for balance1,0000.02908- 00.029081,000$ - 0--
18Account statements:
19By Internet60,0001.74464- 01.7446460,000$ - 0--
20By Mail2,0000.05815- 00.058152,000$ - 0--
21Foreign currency conversion1000.00291- 00.00291100$ - 0--
22Online bill pay60,0001.74464- 01.7446460,000$ - 0--
23Alert notifications68,7822.00000- 02.0000068,782$ - 0--
24Sub-total fees charged to cardholders$ -$ -
25
26Other Cardholder Services - Bidder Defined (B/D) (1):
27$ - 0$ -$ -
28$ - 0--
29Sub-Total from Continuation Page, Other Cardholder Services (from Pg 5 of 5, Ln 20)--
30Sub-Total Other Cardholder Services - B/D$ -$ -
31
32TOTAL Fees Charged to Cardholders (to Pg 1)$ -

Cardholder Charges (cont) (5)

Illinois Department of Employment SecurityPage 5 of 5
PRICING / COMPENSATION
ATTACHMENT H
BIDDER NAME
FEES CHARGED TO CARDHOLDERS (cont)ABCDEFGH
VOLUME OF TRANSACTIONS PER MONTH *PROPOSED FEES
PER IDES (DEC 2018)PER BIDDERNOT FREE (calc)
EACH CARDHOLDERFEE PER UNIT
AVERAGE =FREE**IN EXCESS OF
LnCol. A ÷ byMAXIMUMAVERAGETOTALFREETOTAL FEES PER
#DESCRIPTION OF SERVICESTOTAL34,391PER MONTH(B - C)(D X 34,391)TRANSACTIONSMONTHYEAR
1Other Cardholder Services - Bidder Defined (B/D) (1) (cont):
2- 0- 0-$ - 0$ -$ -
3- 0- 0---
4- 0- 0---
5- 0.- 0---
6- 0- 0---
7- 0- 0---
8- 0- 0---
9- 0- 0---
10- 0- 0---
11- 0- 0---
12- 0- 0---
13- 0- 0---
14- 0- 0---
15- 0- 0---
16- 0- 0---
17- 0- 0---
18- 0- 0---
19- 0- 0---
20Sub-Total Continuation Page, Other Cardholder Services (to Pg 4 of 5, Ln 29)$ -$ -
ASSUMPTIONS:
General -Each cardholder uses ATMs in both IN network and OUT of network.
The average number of ATMs used in one or the other by each cardholder
is an estimate.
VOLUME OF TRANSACTIONS PER MONTH:
*Taken from former contract December 2018 statistics for IDES or estimated where no data was available.
**Input "all" if free with no limit.
NOTE:
(1) Use the "Bidder Defined" sections if there are other services not listed for which you would like to include pricing in your proposal.

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