FY27-EFT PROCESSING FEES

Solicitation SRC0000036792 is issued by the Alabama Warehouse Division for FY27 EFT Processing Fees. The contract is managed through the Alabama Buys portal and is subject to a total cost ceiling of 25,000 dollars. The term allows for annual renewals by written agreement for up to five years, provided the total contract value does not exceed the 25,000 dollar limit. Price escalations may be requested and approved up to a maximum of 5 percent of the annual contract cost, though these increases must still fit within the overall contract ceiling. Award evaluation is based on price reasonableness and cost realism, with the state reserving the right to request professional licenses, certificates of insurance, and manufacturer reseller authorizations. Successful bidders must comply with several state mandates, including E-Verify enrollment for Alabama employees, registration with the Alabama Secretary of State for foreign entities, and certification of tax compliance under the Code of Alabama 1975. Additionally, suppliers must certify they are not engaged in prohibited boycotts and are not currently debarred or suspended from government transactions. Payments will be directed to the receiving agency and must be accepted via electronic methods, including P-cards and EFT, at no additional cost to the state.