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State of Tennessee·Tennessee

Merchant Services

Closes 3/3/2025$500k – $2MRequest for Proposal
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Description

The State of Tennessee is seeking a service provider to provide Merchant Services. The selected provider will be responsible for providing merchant services to the State. The scope of work includes providing electronic information processing systems, telecommunications systems, and other communications systems. The provider will also be required to sign a non-disclosure agreement to protect confidential state data. The solicitation includes a pre-response conference on January 21, 2025, and the response deadline is March 3, 2025. • The provider must have experience in providing merchant services to government entities. • The provider must have a strong understanding of electronic information processing systems and telecommunications systems. • The provider must be able to sign a non-disclosure agreement to protect confidential state data. • The provider must be able to attend the pre-response conference on January 21, 2025. • The provider must be able to submit a response by the deadline of March 3, 2025.

Attached files

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

Contact

Sharon Pope(Solicitation Coordinator)

[email protected]

(615) 741-9588

Key dates

Opened
1/21/2025
Pre-bid meeting
1/21/2025
Closes
3/3/2025

Last updated

Details

Type
Request for Proposal
Industry
Financial Services
NAICS
522320
Solicitation №
31701-03576

Budget estimate

$500,000 – $2,000,000

The budget for this opportunity is likely to be in the range of $500,000 to $2 million per year, based on the scope of work and the fact that it is a state-level contract. The actual budget will depend on the specific services provided and the volume of transactions processed. Factors that may influence the likely payment range include the number of state agencies using the merchant services, the volume of transactions processed, and the level of security and compliance required.

AI estimate from the solicitation

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