Bid Banana
PricingBid helpAPILog inStart free trial
Log inStart free trial

Learn more

  • Tennessee guideTennessee Bids and Bidding Guide
  • Financial Services RFPsFinancial Services Bids and Bidding Guide
  • How to answer an RFPChoosing and Responding to Government Bids
More financial services bids →Must-win bid? Bring in The Bid Lab →
Bid Banana
SearchPricingBid helpBrowse bidsAPISupportFAQPrivacy PolicyTerms of UseAI Use Policy

This website and its content is copyright of The Bid Lab © 2026. The Bid Lab is a trademark of Bid Lab, LLC. All rights reserved.

  1. Bid Banana
  2. ›Bids
  3. ›Tennessee
  4. ›Closed bids
  5. ›Prepaid Debit Card

State of Tennessee·Tennessee

Prepaid Debit Card

Closes 6/20/2025$500k – $2MRequest for Proposal
Bid source

This opportunity has closed.

Bid Banana tracks 1.6M+ bids and awards across all 50 states. Save a search and we'll email your new matches, daily or weekly — so the next one reaches you with time to bid.

Get alerted next time

Description

The State of Tennessee is seeking a contractor to provide prepaid debit card services for the delivery of state agency program benefits to recipients. The contractor will be responsible for providing a secure, convenient, and accurate payment delivery mechanism for state payments sent to cardholders. The services will include all in-network ATM cash withdrawals, unlimited cash access via a bank teller, 24/7 access to a secure website, monthly account access, all customer service calls, electronic transfers to a bank account, and online bill pay functionality. The contractor will also be required to provide all services free of charge to the Individualized Education Accounts and Payroll Card Accounts. Some key points to consider: • The contractor must ensure that all state data is housed in the continental United States and must comply with the State's Enterprise Information Security Policies. • The contractor must maintain a documented Disaster Recovery plan and perform at least one Disaster Recovery Test every 365 days. • The contractor must comply with the Americans with Disabilities Act (ADA) of 1990, as amended, and provide software license and support warranties. • The contractor must not subcontract, transfer, or assign any portion of the contract without prior approval from the State. Some benefits of this opportunity include: • The chance to work with the State of Tennessee and provide a valuable service to its citizens. • The opportunity to demonstrate expertise in prepaid debit card services and information technology security. • The potential for long-term contract renewal and expansion of services.

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
5/5/2025
Questions due
5/20/2025
Closes
6/20/2025
Projected award
7/23/2025

Last updated

Details

Type
Request for Proposal
Industry
Financial Services
NAICS
522320
Solicitation №
31701-03585

Budget estimate

$500,000 – $2,000,000

The budget for this opportunity is not explicitly stated in the RFP document. However, based on the scope of work and the requirements for the contractor, it is likely that the budget will be in the range of $500,000 to $2 million per year, depending on the number of cardholders and the volume of transactions. The budget may also include additional fees for services such as customer support and maintenance. Factors that may influence the likely payment range include: • The number of cardholders and the volume of transactions. • The level of complexity and customization required for the prepaid debit card services. • The level of competition among bidders and the pricing strategies of the contractors. • The State's budget and funding constraints.

AI estimate from the solicitation

Similar opportunities

Matched by Bid Banana AI™

Bid Banana · 1.6M+ bids and awards 🍌

You found this one too late. Don't find the next one too late.

Bid Banana searches open government bids across all 50 states, updated daily. Save a search once and we email you your new matches, daily or weekly, while there is still time to win them.

1.6M+
bids & awards
All 50
states
4,000+
agencies
Start your 7-day free trial

Plans from $49.99/month. Cancel anytime, no setup fees.

Built by The Bid Lab, answering RFPs since 2017.

Temporary & Disability Assistance, NYS Office of·New York

Top match · 58%

FIS Amendment 6 Chip/Tap Card Functionality

Rolling / TBD closeOpened 9/3/2026

City of Pontiac MI·Michigan

57% match

Purchasing Card (P-Card) Program and Payment Solutions RFP

Closes 11/10/2026Opened 10/9/2026

Citadel Military College of South Carolina·South Carolina

57% match

Payment Processing, One‑Card & POS Solution for The Citadel

Closes 11/4/2026Opened 9/28/2026

Washington State Treasurer's Office·Washington

56% match

MERCHANT BANKCARD SERVICES

Closes 11/20/2026Opened 8/31/2026

State of Delaware GSS·Delaware

56% match

Business Cards and Envelopes

Closes 11/4/2026Opened 10/7/2026

Office of Administration – Division of Facilities Management, Design and Construction (FMDC)·Missouri

56% match

Printable Proximity Cards

Closes 10/22/2026Opened 9/23/2026

U.S. Department Of Defense·United States of America

55% match

59--HOLDER,ELECTRICAL CARD

Closes 10/20/2026Opened 10/6/2026

U.S. Department Of Defense·United States of America

55% match

59--HOLDER,ELECTRICAL CARD

Closes 10/18/2026Opened 10/7/2026

U.S. Department Of Defense·Pennsylvania

53% match

59--CIRCUIT CARD ASSEMB

Closes 11/8/2026Opened 9/25/2026

U.S. Department Of Defense·United States of America

53% match

59--AC FAULT CARD

Closes 10/14/2026Opened 10/4/2026

U.S. Department Of Defense·United States of America

53% match

59--CIRCUIT CARD ASSEMBLY

Closes 10/20/2026Opened 10/6/2026

U.S. Department Of Defense·California

53% match

10--SUPPLY CARD

Closes 10/22/2026Opened 10/12/2026

Rhode Island Resource Recovery Corporation·Rhode Island

53% match

RFP 370 - RIRRC Banking, Cash Courier Services & Credit Card Processing Addendum No. 1

Closes 10/20/2026Opened 10/8/2026

U.S. Department Of Defense·United States of America

53% match

59--CIRCUIT CARD ASSEMBLY

Closes 10/14/2026Opened 10/4/2026

Florida State Board of Administration (SBA)·Florida

53% match

Customer Service and Records Administration Services for ABLE United

Closes 12/7/2026Opened 9/21/2026

U.S. Virgin Islands GVIBUY·U.S. Virgin Islands

53% match

Electronic Benefits Transfer (EBT) Contractor for the Supplemental Nutrition Assistance Program

Closes 11/23/2026Opened 8/24/2026

Minnesota State Colleges and Universities·Minnesota

53% match

Systemwide Cashiering Services

Closes 10/29/2026Opened 9/18/2026

U.S. Department Of Defense·Texas

53% match

AF NAF Commercial Purchase Card Services

Closes 10/20/2026Opened 10/8/2026

Georgia Elbert County Board of Commissioners·Georgia

53% match

Request for Proposals for Payment Card Processing & Hardware Services

Closes 10/23/2026Opened 9/10/2026

Department of Motor Vehicles·Virginia

53% match

TAP2id Verifier Devices & Accessories

Closes 10/15/2026Opened 10/9/2026

U.S. Department Of Defense·Ohio

53% match

59--CIRCUIT CARD ASSEMBLY

Closes 10/16/2026Opened 10/1/2026

U.S. Department Of Defense·California

53% match

59--CIRCUIT CARD ASSEMBLY

Closes 10/18/2026Opened 10/7/2026

U.S. Department Of Energy·District of Columbia

53% match

Automated Teller Machine (ATM) Services

Closes 10/19/2026Opened 10/5/2026

U.S. Department Of Defense·United States of America

52% match

59--CIRCUIT CARD ASSEMBLY

Closes 10/22/2026Opened 10/12/2026

City of Georgetown·Texas

52% match

Primary Depository Services

Closes 10/15/2026Opened 9/10/2026