RFP 25-XX Student Financial Collection Services
Cancelled State & local contract opportunity
- Solicitation number
- 25-XX- Cancelled 5-2-2025
- State
- Texas
- Responses due
Opportunity facts
- NIGP codes
- 946 Financial Services
- 94633 Collection Services, Financial Debt
- 94649 Financial Services (Not Otherwise Classified)
- 949 Financial Services, Higher Education
- 94925 Financial And Accounting Service, Bonds
- 94926 Financial And Accounting Service, Notes And Loans
- 94960 Return Of Loan Funds, Financial Aid Only
- 95149 Sofc, Rent
- 95150 Subs-State-State-After First $25,000
- 95839 Financial Management Services
- UNSPSC codes
- 64101602 Money market account
- 64101603 Simple checking account
- 64111902 Principal unprotected structured financial product
- 93151609 Lotteries services
- 84101705 Repossession services
- 64101500 Time deposit accounts
- 64101501 Certificate of deposit CD
- 64101502 Simple savings account
- 64101702 Currency exchange application
- 64111802 Subscription right
Show all 35
- 64111804 Warrant
- 64111901 Principal protected structured financial product
- 84101704 Debt collection services
- 64000000 Financial Instruments, Products, Contracts and Agreements
- 64101600 Demand deposit accounts
- 64101601 Interest bearing checking account
- 64101701 Bill paying application
- 64101704 Over draft protection
- 64111801 Allotment or bonus right
- 64111903 Exchange traded fund ETF
- 64111904 Single structured product
- 64111906 Variable annuity
- 93151605 Government finance services
- 84000000 Financial and Insurance Services
- 84100000 Development finance
- 93151510 Administrative fees or tax collection services
- 93151610 Tax collection services
- 64100000 Bank offered products
- 64111800 Entitlements or rights
- 64101700 Electronic fund transfer and payment products
- 64111900 Structured financial products
- 64111803 Purchase right
- 64111905 Over the rainbow structured product
- 64101703 Money transfer application
- 84131614 Underwriting service
- Point of contact
-
- Sara Elkharif sara.elkharif@hccs.edu (713) 718-2574
Opportunity details come from txsmartbuy.com. Updated .
About this opportunity
The Request for Proposal (RFP) 25-XX for Student Financial Collection Services is a procurement opportunity issued by the state of Texas, targeting comprehensive financial collection services for student accounts. The solicitation seeks a qualified vendor to provide specialized collection services designed to recover outstanding student debts efficiently and professionally. While specific details about deliverables are limited in the provided excerpt, typical services in such contracts often include skip tracing, account management, payment processing, and comprehensive reporting mechanisms. The proposal is scheduled with a posting date of May 2, 2025, and a critical due date of March 17, 2025, indicating a structured procurement timeline. Potential respondents should carefully review the full RFP documentation to understand precise evaluation criteria, which likely include factors such as past performance, technological capabilities, recovery rates, compliance procedures, and cost-effectiveness.
The contract opportunity appears to be open to various vendors, though state and local procurement processes often include provisions for disadvantaged business enterprises or small business participation. Without explicit details in the provided information, vendors should anticipate potential set-aside requirements or preferences for minority-owned, women-owned, or veteran-owned businesses. While no incumbent vendor is identified in this excerpt, educational financial collection services typically involve complex integration with existing student financial management systems. Potential respondents should be prepared to demonstrate technological compatibility and seamless data exchange capabilities. The budget range and potential contract value are not specified in the available information, but student financial collection service contracts can vary significantly based on the scale of the institution's outstanding receivables and the complexity of recovery efforts.
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