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This Government Contract opportunity from Tennessee was posted on November 7, 2024. The submission period has ended. Browse the details below for market research, or find similar active opportunities.

Distribution & Loan Processing Services

Closed
State & Local

Contract Overview

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

AI Contract Overview

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Knox County Schools in Tennessee is seeking a subcontractor for Distribution and Loan Processing Services. The scope of work involves the review, approval, and execution of various participant transactions, including hardship withdrawals, separation distributions, required minimum distributions, and participant loans. The selected provider will be responsible for ensuring strict adherence to IRS rules, managing necessary tax withholdings, and coordinating all final payouts. This opportunity was posted on November 7, 2024, with a response deadline of December 11, 2024. The contract falls under NAICS code 525920, focusing on specialized financial services to maintain regulatory compliance and operational efficiency for the school system's distribution processes.

General Info

Knox County Schools seeks a subcontractor for distribution and loan processing financial services.

Documents

This scope was carved out of 3608.

The full solicitation package (1 document), including the RFP, is on the prime solicitation, not on this scope.

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403b THIRD PARTY ADMINISTRATIVE SERVICES

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Timeline

PhaseClosed
Posted

subcontract

Response Deadline

Deadline has passed

Submission Closed

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Organization & Contact Information

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AgencyTennessee → Knox County Schools
ContactsNo contacts available
OfficeN/A
Office AddressN/A
ContactsNo contact information available

Full Description

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Review, approval, and execution of distributions (hardship, separation, RMDs) and participant loans, including IRS rule application, tax withholding, and payout coordination.

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