Financial Institution Data Match

The Florida Department of Revenue (DOR) has issued a Request for Information (RFI) seeking responses from vendors and contractors with experience in implementing Financial Institution Data Match (FIDM) programs for state taxing agencies. The goal of the RFI is to identify a solution that can establish, implement, and maintain direct relationships with financial institutions to accurately match identified tax debtors with account holder records. The selected vendor must be able to contact each financial institution, establish data connections, and accommodate a wide range of file formats and media. Vendors are asked to provide details on their FIDM experience, compliance rates with participating Florida financial institutions, references for states where they currently provide FIDM services, and experience with confidentiality requirements. The RFI also requests information on any existing government contracts that would allow for cooperative purchasing. Vendor questions are due by 3:00 PM ET on February 7, 2024, and vendor responses are due by 3:00 PM ET on February 23, 2024. The Department aims to secure a contract prior to April 30, 2025. This RFI is strictly for information-gathering purposes, and no contract will result from it.

The RFI is open to all interested vendors and contractors, and there are no set-aside designations or restrictions on the types of organizations that can respond. The Department will review all information collected and may subsequently release the requirement through a formal bidding process or an alternate contract source. All information obtained through the RFI will become the property of the Department and may be subject to public disclosure under the Florida Sunshine Law. The Department has not provided any information on incumbent vendors, current contractors, or budget ranges for this opportunity.