CONTRACTAMENDED

Statewide Payment Processing Contract Amended with Elavon

Michigan State Administrative Board | State of Michigan logoMichigan State Administrative Board | State of Michigan
Disclosed value
$50,000,000.00; $218,600,000.00 New Total
From minutes
Document date
May 12, 2026
Term
FY26–FY31; option years exercised
Renews
Free account

The 30-second brief

What it covers

Elavon, Inc. contract for payment processing expanded by $50 million and extended through FY31, with scope updated for state-wide transaction processing needs.

Who holds it

Elavon Inc holds this financial services contract with Michigan State Administrative Board | State of Michigan. Its other public contracts on record include work for Leon County Schools Department Of Safety & Security and San Joaquin Hills Transportation Corridor Agency.

What happens next

The renewal date is on record. Get free alerts for pre-RFPs like this one, matched to what you sell.

Renewal date on recordLocked

Get pre-RFPs for work like this before the bid is out.

Get pre-RFP alerts free

Free account · 30-second setup · No credit card

Contract details

Contract type
Financial Services
Amount
$50,000,000.00; $218,600,000.00 New Total
Document date
May 12, 2026
Term
FY26–FY31; option years exercised
Renews
On record
Source document
Michigan State Administrative Board Minutes 2026-05-12 (Minutes)

Elavon Inc's other public contracts

More Michigan State Administrative Board | State of Michigan contracts

Questions about this contract

Who was awarded the financial services contract by Michigan State Administrative Board | State of Michigan?

Elavon Inc was awarded this financial services contract by Michigan State Administrative Board | State of Michigan, as recorded on May 12, 2026. The contract value is $50,000,000.00; $218,600,000.00 New Total.

How much is the Elavon Inc contract with Michigan State Administrative Board | State of Michigan worth?

The Elavon Inc contract with Michigan State Administrative Board | State of Michigan is valued at $50,000,000.00; $218,600,000.00 New Total, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a minutes record.

Where was this contract approved?

This contract appears in Michigan State Administrative Board Minutes 2026-05-12 (Minutes), dated May 12, 2026 from Michigan State Administrative Board | State of Michigan. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

Show 2 more questions

What other contracts does Elavon Inc hold?

Elavon Inc may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

What is Michigan State Administrative Board | State of Michigan currently buying?

Explore Michigan State Administrative Board | State of Michigan's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

Work in government? Get Civic IQ free →