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This Government Contract opportunity from Virginia was posted on January 11, 2024. The submission period has ended. Browse the details below for market research, or find similar active opportunities.

Financial Transaction Processing Support

Closed
State & Local

Contract Overview

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

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NAICS: 522298
DIBBS
Small Business Subcontracting – Accelerated Payment ServicesThe contract supports accelerated payment services to small business subcontractors delivering financial services in full compliance with FAR 52.232-40 and adhering to WAWF invoicing timelines. It enables timely cash flow to small businesses by facilitating early payment options without compromising federal procurement regulations, ensuring that subcontractors receive funds promptly upon successful invoice submission through the WAWF system. This initiative is designed to strengthen the financial stability of small business partners within the Department of Defense supply chain by removing payment delays that often hinder operational agility. The Defense Logistics Agency, under the Department of Defense, is the administering entity for this subcontract, targeting financial service providers capable of integrating seamlessly with existing government invoicing infrastructure. The NAICS code 522298 indicates the scope involves other financial investment activities, suggesting the contractor will offer structured payment acceleration solutions rather than traditional lending. The contract does not specify a place of performance or set-aside classification, allowing broad eligibility for qualified service providers nationwide. The service must guarantee full alignment with federal compliance standards while maintaining secure, auditable transaction records tied directly to WAWF submission and approval workflows.
Defense Logistics Agency

POSTED

3 months ago

DEADLINE

N/A

AI Contract Overview

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The Richmond Behavioral Health Authority in Virginia is seeking a subcontractor to provide comprehensive backend support for high-volume financial transaction processing. The scope of work includes managing ACH transfers, check clearing, daily fund transfers, reconciliation services, and fraud monitoring to ensure secure and efficient financial operations. This opportunity was posted on January 11, 2024, with a response deadline of February 22, 2024. The project is categorized under NAICS code 522298, focusing on specialized financial transaction support services.

General Info

Agency

Virginia → Richmond Behavioral Health Authority

Place of Performance

VA, USA

Set-Aside

NONE

Documents

This scope was carved out of 2024-AD-0002.

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

View the prime solicitation

RFP 2024-AD-0002 Banking Services

AI Contract Breakdown

Uniform Contract Format

No documents to break down

The breakdown needs solicitation documents. None were found from this contract's source.

Timeline

PhaseClosed
Posted

subcontract

Response Deadline

Deadline has passed

Submission Closed

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Organization & Contact Information

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AgencyVirginia → Richmond Behavioral Health Authority
ContactsNo contacts available
OfficeN/A
Organization / Agency
Virginia → Richmond Behavioral Health Authority
Office AddressN/A
ContactsNo contact information available

Full Description

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Provide backend support for high-volume financial transaction processing including ACH, check clearing, daily fund transfers, reconciliation, and fraud monitoring.

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