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This Solicitation opportunity from California was posted on December 18, 2025. The submission period has ended. Browse the details below for market research, or find similar active opportunities.

IFB #V92812508 Joint Venture Program (JVP) Savings Accounts

Closed
0000037544State & Local

Contract Overview

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The California Prison Industry Authority (CALPIA) is soliciting bids from banks to provide savings deposit accounts as part of the Joint Venture Program (JVP) for eligible incarcerated individuals. This solicitation, titled IFB #V92812508, seeks financial institutions to manage the saving portion of inmate compensation in accordance with California Code of Regulations, Title 15, Division 3, Chapter 1, Subchapter 5, Article 9. The opportunities for performance are centered in Folsom, California, with a response deadline set for December 30, 2025. The initiative is designed to offer secure financial services tailored to this unique population, ensuring adherence to regulatory standards and institutional policies. The procurement process is governed by CALPIA’s standardized contract terms, including compliance with environmental, legal, and accessibility requirements, as well as adherence to state and penal codes. Contractors must maintain strict security and operational protocols as outlined in the Security Provisions document, which details site access, security clearances, and employment restrictions related to the correctional environment. Bidders are required to follow detailed submission guidelines under CALPIA’s IFB process, including proper bid formatting, timely submission, and responsiveness to any solicitation modifications. The contract emphasizes operational integrity, safety compliance, and clear lines of accountability between CALPIA and participating financial institutions throughout the contract lifecycle.

General Info

CALPIA seeks banks for inmate savings accounts, ensuring security, compliance, and deadline December 30, 2025.

Documents

4

Bidders Instructions General - CALPIA IFB Process

PDF, High priority: read this first10 pages · bidders-instructions
High

General Provisions for CALPIA Contracts REV 0524

PDF, High priority: read this first21 pages · general-provisions
High

IFB V92812508 Joint Venture Program Savings Accounts

PDF, High priority: read this first30 pages · ifb
High

Security Provisions for CDCR Contractor Compliance

PDF, High priority: read this first5 pages · security-provisions
High

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Timeline

PhaseClosed
Posted

Solicitation

Response Deadline

Deadline has passed

Submission Closed

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Organization & Contact Information

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AgencyCalifornia → Prison Industry Authority
Contacts1 person available
OfficeN/A
Office AddressN/A
Contacts

Full Description

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California Prison Industry Authority is soliciting for banks to provide savings deposit accounts for the saving portion of certain eligible incarcerated individual compensation in accordance with the California Code of Regulations, Title 15, Division 3, Chapter 1, Subchapter 5, Article 9.

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Keith Deutsch
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