NYSIF Bank Account Verification Services RFP 2024-05-ADM
NY-State-New York State Insurance Fund (NYSIF), Albany, NY·State
Track NY-State-New York State Insurance Fund (NYSIF) solicitations
Get alerted when NY-State-New York State Insurance Fund (NYSIF) posts a new RFP, and see the pre-RFP signals months before it publishes.
- Reported Agency
- New York State Insurance Fund
- Primary Contact
- Alexandria Romano · (518) 437-4230
- Contract Term
- 5 years
- Scope Location
- New York
- Submission Address
- Albany, NY
SUMMARY
NYSIF is seeking proposals for Bank Account Verification Services to validate bank account numbers, account details, and confirm account access and ownership to reduce fraud.
REQUIRED ATTACHMENTS
No Bid form, RFP, Appendix A, Appendix B, Appendix C, Appendix D, Appendix E, Appendix F, Appendix G, Appendix H, Appendix J, Appendix M, Appendix N, Appendix S, Appendix T, Appendix V, Appendix X, Appendix Y, Appendix Z, Attachment 1, Attachment 2, Attachment 3
This was decided in a budget meeting long before the RFP was public. Civic IQ had it then. The next one doesn't have to get away.
Work in government? Get Civic IQ free →Frequently asked questions
Common questions about this solicitation, answered from the record.
How do I respond to this RFP from NY-State-New York State Insurance Fund (NYSIF)?
Review the full solicitation document for submission requirements, evaluation criteria, and deadlines. The submission deadline is May 16, 2024. Be sure to include all required attachments as outlined in the solicitation. Submissions should be delivered to: Albany, NY. For questions, contact Alexandria Romano.
Where can I find more RFPs from NY-State-New York State Insurance Fund (NYSIF)?
All active and historical solicitations from NY-State-New York State Insurance Fund (NYSIF) are tracked and searchable. As a state agency, NY-State-New York State Insurance Fund (NYSIF) regularly publishes solicitations. Visit the agency profile to see current open bids, past contracts, vendor relationships, and decision-maker contacts.
What is the contract term for this solicitation?
The anticipated contract term is 5 years. Contract terms may include renewal options.
What documents are required to bid on this RFP?
Requirements vary by solicitation, but common documents include a technical proposal, cost/price proposal, proof of insurance, relevant certifications, past performance references, and any forms specified in the solicitation. This solicitation specifically requires the following attachments: No Bid form, RFP, Appendix A, Appendix B, Appendix C, Appendix D, Appendix E, Appendix F, Appendix G, Appendix H, Appendix J, Appendix M, Appendix N, Appendix S, Appendix T, Appendix V, Appendix X, Ap. Review the full document from NY-State-New York State Insurance Fund (NYSIF) for the complete list.
Can small businesses or minority-owned firms bid on this RFP?
Most government agencies, including NY-State-New York State Insurance Fund (NYSIF) in NY, encourage participation from small businesses, minority-owned, women-owned, and disadvantaged business enterprises (MBE/WBE/DBE). Check the full solicitation for any small business participation goals.
What happens after the RFP submission deadline?
After the deadline, the issuing agency reviews all submissions against the stated evaluation criteria. This typically includes a compliance check, technical evaluation, cost analysis, and may involve oral presentations with shortlisted vendors.
Can I ask questions about this solicitation before submitting?
Yes, most solicitations allow vendors to submit questions during a designated period. The primary contact is Alexandria Romano at (518) 437-4230. Questions and answers are typically shared with all prospective bidders.
What is the scope of this project?
This solicitation defines a specific project scope. The scope covers the following locations: New York. Review the full solicitation for detailed scope requirements.
Bring us your territory.
We'll show you what is forming.
B2G and SLED sales intelligence. Surface government procurement signals from 100,000+ state, local, and education agencies months before the RFP.