Funds Disbursement Services

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Title:  

Funds Disbursement Services

Agency:  

Texas Health & Human Services Commission

State:  

Texas

NAICS Code:  

522320

Industry:  

Financial Services

Solicitation Type:  

Invitation for Bid

Solicitation ID:  

HHS0016249

Open Date:  

3/3/2026

Questions Due Date:  

3/12/2026

Close Date:  

4/2/2026

Last Updated:  

Description:
The Texas Health and Human Services Commission (HHSC) is seeking competitive bids to establish contract(s) for advanced funds disbursement to clients. The contract will be for a period of time, with the possibility of renewal or extension. The contractor will be responsible for providing funds disbursement services, including the ability to perform by a written description of the size and scope of all operations. The contractor must also demonstrate financial capability, financial solvency, and capacity to fulfill the requirements of this IFB. Some key requirements include: • Exhibit A - HHS Solicitation Affirmations • Exhibit C - Pricing Sheet • Bidder’s Minimum Experience and Qualifications • Demonstration of the ability to perform by a written description of the size and scope of all operations • Provide any other information Bidder believes is pertinent to demonstrate the Bidder’s financial capability, financial solvency, and capacity to fulfill the requirements of this IFB.
Attached Files:

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

Contact Information:

Taylor Naiser(Procurement Contact)

Taylor.Naiser@hhs.texas.gov

(512) 776-4338

Budget Estimate (AI):

$100,000 – $200,000

Based on the historical spend for the same or similar services, which is $94,384.68 annually, the budget for this contract could be around $100,000 to $200,000 per year, depending on the scope of work and the contractor's pricing. However, this is just an estimate, and the actual budget could be higher or lower.

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