Bank Verification Software

Location: Utah
Posted: Oct 14, 2025
Due: Nov 5, 2025
Agency: State Government of Utah
Type of Government: State & Local
Category:
  • 70 - General Purpose Information Technology Equipment (including software).
Solicitation No: KK26-5
Publication URL: To access bid details, please log in.
Project: Bank Verification Software
Ref. #: KK26-5
Department: Division of Purchasing
Type: RFP
Status:
Open
Open Date: Oct 14th 2025, 9:00 AM MDT
Questions Due Date: Oct 22nd 2025, 12:00 PM MDT
Contact Information: Keli Lessing, klessing@utah.gov
Close Date: Nov 5th 2025, 12:00 PM MST

Project Description: Issuing Procurement Unit: State of Utah Division of Purchasing
Conducting Procurement Unit: Division of Finance
The purpose of this RFP is to enter into a contract to provide: A robust system that can accurately validate banking information and verify account ownership for vendors, particularly those receiving electronic payments, to enhance payment security, reduce fraud, and improve operational efficiency for our vendor setup team.
.
It is anticipated that this RFP will result in a single contract award to the responsive and responsible vendor with the highest score justified by the procurement code.
Length of Contract: 3 years with the option of two 1-year extensions.
Vendor must guarantee its pricing for 1 year.


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