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This Combined Synopsis/Solicitation opportunity was posted on November 21, 2004. The submission period has ended. Browse the details below for market research, or find similar active opportunities.

D -- DIRECT LOAN ENROLLMENT PROCESS

Closed
FSA-NSLDS-11052004Federal

Contract Overview

Solicitation details, issuing organization, response deadlines, documents, and interested companies for this government contract opportunity.

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NAICS: 518210
New
SLED
Short-Term Lending Database
Solicitation # SCC-26-018-BFI
The State Corporation Commission of Virginia, through its Bureau of Financial Institutions, is soliciting proposals under solicitation number SCC-26-018-BFI to establish a contract for a real-time, Internet-accessible short-term lending database solution. This system will be utilized by the Commission and all Virginia short-term lending licensees to perform real-time borrower eligibility verification, manage loan-level data, and generate analytics on loan activity and database usage. The solution must comply with regulatory standards including 10VAC5-200-110 and statutory FOIA exemptions under section 6.2-1810(B), and the supplier may be required to provide SOC 2 or ISO 00 certifications. The selection process is based on the best proposal, evaluated across five key factors: technical response, implementation approach, supplier experience, subcontracting plans, and total cost analysis. Awardees must maintain specific insurance coverages, including at least $1,000,000 per occurrence for Commercial General Liability and $100,000 per employee for Employer's Liability. Proposals are due by November 20, 2026, and must include detailed financial documentation, such as audited statements for the last three fiscal years and a D&B Business Report. The contract includes a rigorous acceptance process with a thirty-business-day review period for deliverables and a minimum ten-business-day acceptance testing period following deployment.
State Corporation Commission

POSTED

1 day ago

DEADLINE

in 30 days

General Info

Agency

N/A

NAICS

518210 - Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services

Place of Performance

Washington, DC

Set-Aside

SBA

Documents

0

No documents available

Documents will appear here when they are available.

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Timeline

2 updates
PhaseClosed
Posted

Combined Synopsis

Notice updated

The notice description changed.

Notice updated

The notice description changed.

Response Deadline

Deadline has passed

Submission Closed

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Organization & Contact Information

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AgencyN/A
Contacts1 person available
OfficeN/A
Organization / Agency
N/A
Office AddressN/A
Contacts
Janet K. Mata-HitzContract Specialist

Full Description

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This notice provides an amendment to combined synopsis/solicitation FSA-NSLDS-11052004. The following language is added as clarification under item 8, Description, as a result of questions received from interested parties: This procurement is for a Commercial Item as set forth in 48CFR12. Therefore, these services must currently be offered by the vendor, i.e., vendor will currently have access to Student Loan Data and currently offer it for sale commercially. This acquisition is not for the maintenance or for the development of a system. It is for the reporting of student loan data that the vendor currently makes available to other entities, including Guarantee Agencies, financial institutions, etc. No software or Government Furnished property of any kind is being provided to vendors. The vendor is responsible for having developed a relationship and all interaction with the schools. Schools and other institutions are not required to interface with vendors, therefore, vendors that do not have this pre-established relationship with the vast majority of institutions will not be considered.

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