Prepaid Card for DoIT

The state of Illinois is seeking a vendor to provide a prepaid card solution for the Department of Information Technology (DoIT). This contract opportunity requires the selected vendor to deliver a prepaid card program that can be used for reimbursements, incentives, and other payments made by DoIT. Key objectives for the prepaid card solution include ensuring secure transactions, providing real-time reporting and analytics, and offering a user-friendly interface for cardholders. Qualified vendors should have extensive experience implementing and managing enterprise-scale prepaid card programs, as well as the capability to integrate with Illinois' existing financial and accounting systems. Proposals are due by September 11, 2018, and the state will evaluate responses based on factors such as technical capabilities, security features, cost-effectiveness, and the vendor's past performance.

This contract opportunity does not appear to have any set-aside designations or restrictions on the types of organizations that can respond. The state has not listed any incumbent vendors or current contractors for this prepaid card program. However, the selected vendor must be able to seamlessly integrate their solution with Illinois' existing technology infrastructure. While the state has not provided an exact award value or budget range, prepaid card programs of this scale typically range from $500,000 to $2,000,000 in total contract value.