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Payment Processing Request for Information
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Title:  

Payment Processing Request for Information

Agency:  

Montana Department of Administration

State:  

Montana

NAICS Code:  

522320

Industry:  

Financial Technology

Solicitation Type:  

Request for Information

Solicitation ID:  

DOA-RFI-2026-0233JT

Open Date:  

4/8/2026

Close Date:  

5/5/2026

Last Updated:  

Description:
The State of Montana’s Department of Administration is seeking market information from qualified payment‑processing and financial‑management solution providers to support a future, transaction‑based billing model across approximately 62 state agencies and political subdivisions. The RFI is intended to gather capabilities, best‑practice approaches, and compliance details that will shape a subsequent Request for Proposals (RFP). Vendors must describe their platforms’ ability to automate payment processing, reconciliation, reporting, and dispute/charge‑back management while meeting PCI‑DSS and SOC‑2 security standards. Responses are due by early May 2026 and will not be scored; they are purely informational for the State’s planning effort. • Scope includes full‑cycle payment acceptance, fee‑based billing, multi‑agency allocation, and real‑time dashboards. • Required deliverables: detailed product overview, integration options (APIs, SSO), automation metrics, compliance certifications, implementation roadmap, and three public‑sector references. • No budget or contract award amount is disclosed; the current contract expires 12/31/2026, indicating a likely multi‑year implementation after the future RFP.
Attached Files:

Please visit the bid source via the “Link to Bid Source” button below for documentation.

Contact Information:

John Thomas

jthomas@mt.gov

(406) 444-0110

Budget Estimate (AI):

$2,000,000 – $10,000,000

No contract value is disclosed. Based on the statewide scope (≈ $262 M transaction volume, 62 agencies) and typical procurement for enterprise‑grade payment platforms, a multi‑year contract could range from $1 million to $5 million in annual fees, plus implementation services. Thus, the estimated total earnings for a vendor could fall between $2 million and $10 million over a 3‑5 year implementation period.

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