This Government Contract opportunity from Dept Of Rehab & Corrections was posted on July 30, 2026. The submission period has ended. Browse the details below for market research, or find similar active opportunities.

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Secure Financial Transaction Processing & Reconciliation

Closed

State & Local

Submission Closed08/14/2026, 02:00:00 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

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 Processing

Sourcewell

POSTED

9 months ago

DEADLINE

in over 3 years

AI Contract Overview

The Secure Financial Transaction Processing and Reconciliation subcontract, issued by the Department of Rehabilitation and Corrections, requires a provider to manage backend transaction processing for inmate deposits, withdrawals, and transfers. The scope of work emphasizes high security and compliance, specifically requiring that all operations remain U.S.-based. Key technical requirements include the implementation of fraud detection, comprehensive audit logging, and the execution of daily reconciliations with state banking partners. Interested parties must submit their responses by August 14, 2026. This opportunity falls under NAICS code 522299 and was officially posted on July 30, 2026. Further details and submission guidelines can be accessed through the OhioBuys procurement portal.

General Info

US-based secure inmate financial transaction processing and reconciliation services due August 14, 2026.

Agency

Dept Of Rehab & Corrections

NAICS

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

Place of Performance

OH, USA

Set-Aside

NONE

Documents

This scope was carved out of SRC0000040912.

The full solicitation package (4 documents), including the RFP, is on the prime solicitation, not on this scope.

View the prime solicitation

IP Banking System - DRC270038 - OSC

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

PostedJul 30

subcontract

Response DeadlineAug 14

Deadline has passed

Submission Closed

08/14/2026, 02:00:00 PM UTC

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Organization & Contact Information

AgencyDept Of Rehab & Corrections

ContactsNo contacts available

OfficeN/A

Organization / Agency

Dept Of Rehab & Corrections

Office AddressN/A

ContactsNo contact information available

Full Description

Provide backend transaction processing for inmate deposits, withdrawals, and transfers, including fraud detection, audit logging, and daily reconciliation with state banking partners, ensuring all operations are U.S.-based and secure.

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