This Government Contract opportunity from Connecticut was posted on September 18, 2025. The submission period has ended. Browse the details below for market research, or find similar active opportunities.

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Payment Processing & Financial Compliance Services

Closed

State & Local

Submission Closed10/30/2025, 12:00:00 AM UTC

Contract Overview

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

Active Opportunities Like This One

NAICS: 522299

SLED

Payment Processing and Transaction ManagementThis contract involves providing secure processing, authorization, settlement, reconciliation, and reporting services for money order transactions, ensuring compliance with applicable state and financial regulations. The work is classified under NAICS code 522299, which relates to financial transaction processing, reserve, and clearinghouse activities. The subcontract is issued by the Accounting Revenue agency of Illinois and requires performing the services in Springfield, Illinois, specifically within the 62723 zip code area. The contract mandates strict adherence to state and financial standards throughout all stages of transaction management to ensure accuracy and security. While no specific solicitation number or set-aside details are provided, the subcontract aims to support the state's financial operations by managing money order transactions efficiently and transparently. Contact details and further information are available on the official Illinois bid buying portal.

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 City of Stamford in Connecticut is seeking a subcontractor for Payment Processing and Financial Compliance Services. This contract focuses on implementing PCI-compliant transaction processing to handle credit, mobile, and digital payments. The scope of work includes essential financial management tools such as reconciliation, fraud detection, and detailed financial reporting to ensure proper municipal revenue oversight. The solicitation was posted on September 18, 2025, with a response deadline of October 30, 2025. Classified under NAICS code 522299, this opportunity is designed to modernize the city's payment infrastructure while maintaining strict security and compliance standards for all financial transactions.

General Info

Agency

Connecticut → City of Stamford

NAICS

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

Place of Performance

CT, USA

Set-Aside

NONE

Documents

This scope was carved out of 2026.0146.

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

View the prime solicitation

City RFP - Single-Space & Multi-Space Smart Parking Meters

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

PostedSep 18

subcontract

Response DeadlineOct 30

Deadline has passed

Submission Closed

10/30/2025, 12:00:00 AM UTC

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Organization & Contact Information

AgencyConnecticut → City of Stamford

ContactsNo contacts available

OfficeN/A

Organization / AgencyConnecticut → City of Stamford

Office AddressN/A

ContactsNo contact information available

Full Description

PCI-compliant transaction processing for credit, mobile, and digital payments, including reconciliation, fraud detection, and financial reporting for municipal revenue oversight.