This Solicitation opportunity from California was posted on June 21, 2024. The submission period has ended. Browse the details below for market research, or find similar active opportunities.
R003064 Electronic Fund Transfer Service
Contract Overview
Solicitation details, issuing organization, response deadlines, documents, and interested companies for this government contract opportunity.
Active Opportunities Like This One
General Info
Place of Performance
CA, USASet-Aside
Timeline
Submission Closed
Organization & Contact Information
Full Description
The California State Lottery (Lottery) is inviting responses from qualified financial institutions to act as the Originating Depository Financial Institution (ODFI) for processing Electronic Fund Transfers (EFT) for the purpose of collecting funds from and disbursing funds to Lottery Game Retailer accounts related to the sale and prize payment reimbursement of Lottery products (i.e., Scratchers and Draw Game tickets)
The proposed contract term will be from September 16, 2024, to February 28, 2030, with live EFT transactions to commence on March 1, 2025. The Lottery may unilaterally extend the term of the contract under the same terms and conditions, including pricing, for up to two additional two-year terms. Prior to going live, the contractor will work with Lottery staff on technical implementation and testing at no additional cost to the Lottery.
Find Active Opportunities Like This
Get AI-powered intelligence on the opportunities still open
Every page of the solicitation package shredded into a compliance breakdown
AI-powered matching based on your capabilities and past performance
Competitor and incumbent history on the requirement
Automated alerts on amendments, Q&A deadlines, and award
Join 750+ contractors already using CLEATUS
