IDOC - Prepaid Gift Cards - JTW

This state and local contract opportunity is an Invitation for Bid (IFB) issued by the Illinois Department of Corrections (IDOC) for the procurement of 15,000 prepaid gift cards equivalent to Visa, Mastercard, Discover, or American Express. The resulting contract will have an initial term of 3 years with the option to renew for an additional 3 years, for a maximum total term of 10 years. The agency is seeking a vendor to provide the prepaid gift cards with a minimum balance of $15 per card, and the activation cost is a one-time initial expense for the duration of the contract. Shipments must be in minimum increments of 500 cards, and the vendor must maintain a minimum inventory of 500 cards for immediate delivery. Pricing must be submitted in the specified format, and the total price of the contract is firm. Bids are due on March 18, 2021 at 1:00 PM CST and must be submitted electronically through the BidBuy system.

There are no small business set-aside requirements for this procurement. The state may receive a discount for payment within 0 days of receipt of a correct invoice, and the maximum total payments under the contract shall not exceed the amount specified by the State prior to execution. The solicitation received 2 bids, with 1 unsuccessful bidder, and Group O being the sole awarded bidder for a total award amount of $249,090.00. The contract does not have any participation requirements for the Business Enterprise Program (BEP) or Veteran Business Program (VBP).