What the buyer needs
AI summaryThe State of Indiana seeks banking and financial services for its Unemployment Insurance Benefits program. The Department of Workforce Development intends to contract with a respondent for these services.
Scope of work
- Banking and Financial Services for Unemployment Insurance Benefits
- Automated Clearing House (ACH) transfers
- Stored Value Card (SVC) services
- Bank Account Validation (BAV) services
How proposals are evaluated
| Criterion | Weight / scoring |
|---|---|
| Adherence to Mandatory Requirements | Pass/Fail |
| Management Assessment/Quality | 50 available points |
| Cost (Cost Proposal) | 30 available points |
| Buy Indiana Initiative | 5 points |
| Indiana Veteran Owned Small Business Subcontractor Commitment | 5 (1 bonus point is available) |
| Indiana Small Business Program Subcontractor Commitment | 5 points |
Minimum qualifications
- Registered as a bidder with the Procurement Division
- Registered and in good standing with the Secretary of State if awarded
- No State contract or purchase order terminated or cancelled within last two calendar years
- One entity or individual clearly identified as ultimately responsible for performance
Documents to include with your response
- Executive Summary
- Attachment A IVOSB Commitment Form
- Attachment A1 INSBP Commitment Form
- Attachment D Cost Proposal Template
- Attachment E Business Proposal Template
- Attachment F Technical Proposal Template
- Attachment H Reference Check Form
- Attachment J Attestation Form
- Attachment L AI Technical Proposal Questions
- Cost Proposal Narrative and Cost Assumptions, Conditions and Constraints
How to submit
- Method
- Electronic via the Supplier Portal
- Instructions
- Must be received through the Supplier Portal with a Bidder ID and password; each item, Executive Summary, and attachments must be separate standalone electronic files.