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South Dakota State Government·South Dakota

Sourcewell Commercial Card Programs

Closes 9/10/2026$500k – $1.5MRequest for Proposal
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Description

Sourcewell, a Minnesota local government cooperative, is seeking proposals to establish and manage a Commercial Card Program that will serve its participating entities (state‑wide local governments). The contract will encompass the issuance, processing, and administration of credit and charge cards, compliance with state and federal payment regulations, and ongoing program support. Proposals must be submitted via the Sourcewell Procurement Portal by the deadline; no paper submissions are accepted. • Provide a turnkey commercial card solution (issuance, processing, reporting) for Minnesota local government entities. • Deliver program management services, including compliance monitoring, fraud prevention, and user support. • Align the solution with Sourcewell’s procurement policies and integrate with existing financial systems of participating entities. • Must meet the submission deadline of September 10, 2026 (3:30 PM Central) and comply with the Q&A cutoff of July 23, 2026. • All work will be performed under a statewide contract, likely spanning multiple years of service.

Attached files

The solicitation documents live at the source — open the bid source above to download them.

Key dates

Opened
7/23/2026
Questions due
7/23/2026
Closes
9/10/2026

Last updated

Details

Type
Request for Proposal
Industry
Financial Services
NAICS
522320
Solicitation №
26RFP091026

Budget estimate

$500,000 – $1,500,000

Based on the scope—statewide card issuance, ongoing processing, compliance, and support—this contract is likely to be a multi‑year, high‑value engagement. Comparable government card‑program contracts range from $0.5 million to $2 million annually, depending on transaction volume and service depth. Assuming a 3‑year term, the total contract value could plausibly fall between $1.5 million and $4.5 million. For estimation purposes, we present a conservative range of $500,000 to $1,500,000 for the initial award period.

AI estimate from the solicitation

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