Money Transfer Services
Closed State & local contract opportunity Posted
- Solicitation number
- ITN-02310
- State
- Florida
- Responses due
Opportunity facts
- Jurisdiction
Opportunity details come from vendor.myfloridamarketplace.com. Updated .
About this opportunity
The Florida Department of Corrections (FDC) is seeking experienced and qualified vendors to provide comprehensive Money Transfer Services for its Inmate Trust Fund and Court-Ordered Payment Fund. The sought services include receipt processing, deposit services for customers, payment of discharge gratuity funds, providing inmate trust fund balances to inmates, and providing weekly cash draws to inmates housed at Community Release Centers using debit card technology. Additionally, the FDC is seeking a software solution to replace its current legacy Inmate Trust Fund System. Vendors must have a minimum of 3 years of relevant business and corporate experience within the last 5 years. Sealed replies are due on November 17, 2022, and the FDC anticipates negotiating with vendors from February to April 2023, with an anticipated posting of the intent to award in July 2023. The initial contract term is 5 years with up to 5 additional renewal years.
The procurement is open to all responsible vendors and does not appear to have any set-aside designations or restrictions on the types of organizations that can respond. The current service provider's contract (C2763) is provided as a reference, but no other details are given regarding incumbent vendors or existing infrastructure and technology that may require integration. The solicitation indicates the FDC is seeking the best value solution that maximizes revenue shared with the state while providing reasonable and fair prices to customers, but does not provide any listed award values or budget ranges.
Opportunity text
Addendum #007 below reflects a change to the timeline.
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Addendum #006 below reflects a change to the timeline.
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Addendum #005 below reflects a change to the timeline.
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Addendum #004 below reflects a change to the timeline.
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Addendum #003 below reflects a change to the timeline.
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Addendum #002 provides the Department's answers to Vendor's written questions.
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Addendum #001 below reflects a change to the timeline.
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The Department is seeking Responsive Replies from experienced and qualified Responsible Vendors to provide Money Transfer Services. Services shall include, but not be limited to: receipt processing services for the Department's Inmate Trust Fund and Court-Ordered Payment Fund; deposit services for Customers; payment of discharge gratuity funds; providing Inmate Trust Fund balances to Inmates; and providing weekly cash draws to Inmates housed at Department-operated Community Release Centers (CRCs) using debit card technology. The Department is also seeking a software solution that will replace its current legacy Inmate Trust Fund System.
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