Request for Proposal - Tax Data Matching Services

The Vermont Department of Taxes is conducting a Request for Proposal (RFP) for Tax Data Matching Services, seeking to establish a contract with a qualified vendor to implement a comprehensive data matching program with financial institutions. The primary objective is to identify assets held by financial institutions on behalf of state debtors who have outstanding unpaid debts, operating under the administrative attachment authority of 32 V.S.A 3207. The procurement covers a data matching solution designed to support both state government and financial institutions in debt recovery efforts. The RFP was posted on November 13, 2023, with proposals due by November 30, 2023, indicating a relatively short response window. Potential vendors must demonstrate robust capabilities in data analysis, financial institution collaboration, and asset identification methodologies. Evaluation criteria are likely to include technical capabilities, experience with similar state-level debt recovery programs, data security protocols, and the vendor's ability to seamlessly integrate with existing state tax systems.

While specific set-aside designations are not explicitly detailed in the provided information, the contract appears to be open to qualified private sector vendors specializing in financial data matching and debt recovery services. The procurement covers Windsor County and Newport Center CDP jurisdictions within Vermont, suggesting a statewide implementation scope. No incumbent vendors or current contractors are mentioned in the available documentation. The RFP does not specify a precise budget range or potential contract value, which would typically be clarified in the full solicitation document. Interested vendors would need to demonstrate expertise in financial data matching, compliance with state regulations, and the technical capacity to perform comprehensive asset identification for debt recovery purposes. Potential respondents should carefully review the complete RFP documentation to understand the full technical and operational requirements of the proposed contract.