Payment Program Services
Closed State & local contract opportunity
- Solicitation number
- 25434-RFP-DST
- State
- Florida
- Responses due
Opportunity facts
- UNSPSC codes
- 84101602 Bi lateral or multi lateral aid
- 84121602 Letter of credit services
- 84121605 Currency conversion service
- 93151701 Currencies or coinage
- 93151608 Government or central bank services
- 64151500 Representative money or currency
- 84121603 Currency exchange services
- 84101603 Non governmental aid
- 84121604 Spot exchange transaction services
- 84121601 Funds clearance services
Show all 34
- 93151702 National bank notes
- 80141635 Card services
- 84121500 Banking institutions
- 93151700 Currency
- 64151503 Coins or coinage
- 64151501 National banknotes
- 84101601 Co financing
- 84121607 Operating lease finance service
- 84121606 Remittance processing services
- 93141901 Agricultural commercial banking services
- 64150000 Monetary instruments or currency
- 84120000 Banking and investment
- 84111700 Corporate finance
- 84121600 Funds transfer and clearance and exchange services
- 84122000 Cash vault services
- 64151502 Commercial banknotes
- 64151504 Local currency
- 64151505 Digital currency
- 84101604 Government aid
- 84121501 Privately owned banks
- 84121502 Publicly owned banks
- 84121503 Credit unions
- 84121504 Development finance institutions
- 84122001 Deposit verification services
- Points of contact
-
- Erika James erika.james@hcps.net (813) 272-4357
- Tiffanie Cason tiffanie.cason@hcps.net
- Beth Beauchamp beth.beauchamp@hcps.net
Updated .
About this opportunity
Hillsborough County Public Schools (HCPS) in Florida is seeking one or more financial institutions to establish a comprehensive Procurement Card (P-Card) and payment program through a competitive Request for Proposal (RFP) process. The solicitation aims to select a vendor that can provide cost-effective and efficient long-term payment services, with key objectives including maximizing value and rebates through enhanced technology, superior customer service, and streamlined operations. HCPS intends to issue approximately 1,500 plastic cards and 400 ghost cards for about 1,900 cardholders, with an estimated annual spend of $73.7 million ($53.5 million in card transactions and $20.3 million in virtual card e-payables). The RFP requires integration with HCPS's Infor ERP system and replacement of the current Resolve reconciliation platform. Evaluation criteria include specifications and scope of work understanding (25 points), qualifications and experience (30 points), cost and value (35 points), and small business utilization (10 points). Key proposal deadlines include a technical question cut-off on September 8, 2025, at 3:00 PM, with final proposals due on September 24, 2025, at 3:00 PM via the VendorLink platform.
The solicitation includes a Small Business Encouragement Program (SBEP) that requires proposers to identify and incorporate OSD-registered SBEP vendors as subcontractors, with specific requirements for documenting and allocating contract dollars to these vendors. The current incumbent vendors are Regions Bank for card services and Resolve for transaction reconciliation, both of which will be replaced through this solicitation. HCPS has no brand preference between Visa and MasterCard and indicates openness to responses from non-financial institutions. The initial contract term is three years, commencing no earlier than January 1, 2026, with potential automatic renewals for up to four additional one-year periods. Proposers must meet minimum qualifications, including three years of experience in payment card services, authorization to conduct business in Florida, and compliance with E-Verify requirements. The solicitation requires zero start-up costs, with estimated annual expenditures of $53.5 million for P-Card services and $20.3 million for e-Payables, potentially generating rebates ranging from 1.50% to 1.71% based on annual card volume.
Opportunity text
The objective of this RFP is to select one or more financial institutions to assist HCPS in establishing the most cost-effective and efficient long-term Procurement Card Service and payment programs while maintaining high standards of quality and service. HCPS seeks programs that will maximize value and rebates to HCPS through enhanced technology, superior customer service, streamlined services, increased financial benefits, and reduced total operating costs.
Files
Show all 18
On GovTribe
Work this opportunity
- Track it in your pipeline
- Similar opportunities
- Ask GovTribe AI about this opportunity