This Government Contract opportunity from Minnesota was posted on December 31, 2025. The submission period has ended. Browse the details below for market research, or find similar active opportunities.

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Fraud Prevention and Positive Pay Services

Closed

State & Local

Submission Closed01/23/2026, 04:30:00 PM UTC

Contract Overview

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

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NAICS: 522299

SLED

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POSTED

DEADLINE

Back-Office Payment Processing & ReconciliationThis subcontract, titled Back-Office Payment Processing and Reconciliation, is issued by Sourcewell to manage critical financial operations for transit fare payments. The scope of work encompasses a comprehensive suite of services including transaction processing, fraud detection, settlement, reporting, and reconciliation to ensure the secure and accurate handling of fare revenue. The contract is categorized under NAICS code 522299 and was posted on January 7, 2026. It features an extended response deadline of April 10, 2030, providing a significant window for coordination and execution of these specialized financial services.

POSTED

DEADLINE

Payment Gateway & Financial Transaction ProcessingThis subcontract through Sourcewell focuses on the implementation of a Payment Gateway and Financial Transaction Processing system specifically designed for transit fare transactions. The scope of work encompasses the secure handling of high-volume payments, ensuring full PCI compliance, and providing robust mechanisms for settlement and reconciliation. Additionally, the contract requires the integration of advanced fraud detection capabilities to maintain the integrity of the financial ecosystem. The agreement is categorized under NAICS code 522299 and was posted on January 7, 2026, with a response deadline extending to April 10, 2030. Managed by Sourcewell, this procurement aims to establish a reliable infrastructure for processing transit-related payments while adhering to strict security and financial standards.

Sourcewell

POSTED

10 months ago

DEADLINE

in over 3 years

AI Contract Overview

The Minnesota State Colleges and Universities System is seeking a subcontractor for Fraud Prevention and Positive Pay Services. The primary objective of this contract is the implementation and management of Positive Pay, automated fraud detection, and real-time monitoring systems designed to prevent check and ACH fraud. The scope of work includes establishing robust incident response protocols and maintaining detailed audit logging to ensure financial security and compliance. Interested parties must submit their responses by January 23, 2026, at 4:30 PM. This opportunity falls under NAICS code 522299 and is managed through the Minnesota State Colleges and Universities System procurement portal.

General Info

Subcontractor needed for fraud prevention and Positive Pay services by January 23, 2026.

Agency

Minnesota State Colleges and Universities System

NAICS

522299 - International, Secondary Market, and All Other Nondepository Credit Intermediation

Place of Performance

Not specified

Set-Aside

NONE

Documents

This scope was carved out of SRC-SMSU-2026-000512-RFP.

The full solicitation package (2 documents), including the RFP, is on the prime solicitation, not on this scope.

View the prime solicitation

Comprehensive Banking and Treasury Management 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

PostedDec 31

subcontract

Response DeadlineJan 23

Deadline has passed

Submission Closed

01/23/2026, 04:30:00 PM UTC

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Organization & Contact Information

AgencyMinnesota State Colleges and Universities System

ContactsNo contacts available

OfficeN/A

Organization / AgencyMinnesota State Colleges and Universities System

Office AddressN/A

ContactsNo contact information available

Full Description

Implement and manage Positive Pay, automated fraud detection, and real-time monitoring systems to prevent check and ACH fraud, with incident response and audit logging.