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West Virginia Department of Agriculture, Business Development Division·West Virginia

Banking Services for Clearing of Farmers Market

Closes 12/17/2025$100k – $500kRequest for Quotation
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Description

The West Virginia Department of Agriculture, Business Development Division is seeking a vendor to provide banking services for the Senior Farmers Market Nutrition Program. The vendor will be responsible for hosting and supporting an internet-based, bank-free solution for redeeming food instruments, as well as providing services for data file transmittal and preparing 1099-K forms for farmers. The contract will be for a term of one year, with the option to renew for up to three successive one-year periods. The vendor must provide a secure online portal for data transfer and electronic reports, and must comply with all applicable laws and regulations. Key aspects of the job include: • Providing an internet-based, bank-free solution for redeeming food instruments • Hosting and supporting the solution • Providing services for data file transmittal • Preparing 1099-K forms for farmers • Complying with all applicable laws and regulations • Providing a secure online portal for data transfer and electronic reports

Attached files

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

Contact

Larry D. McDonnell(Purchasing Division)

[email protected]

(304) 558-2063

Key dates

Opened
12/10/2025
Questions due
12/10/2025
Closes
12/17/2025
Duration
1 year

Last updated

Details

Type
Request for Quotation
Industry
Financial Services
NAICS
52232
Solicitation №
CRFQ-1400-AGR2600000022-2

Budget estimate

$100,000 – $500,000

Based on the contract terms, the estimated budget for this opportunity could be around $100,000 to $500,000 per year, considering the scope of work and the potential number of food instruments to be processed. The actual budget will depend on the vendor's pricing and the actual number of transactions processed. Factors that may influence the budget include the number of farmers participating in the program, the volume of food instruments redeemed, and the vendor's ability to provide efficient and cost-effective services.

AI estimate from the solicitation

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