Government Contract | Iowa
Account Verification Services

Bid Information


Bid Alert No: 00002464638

Bid Title: Account Verification Services

Agency Bid No. Title: 1000253

Received Date: 01/12/2021

Close Date: 02/01/2021

Purchase Type: Not Stated

Delivery Point: Iowa State University, Ames, Iowa

Delivery Date: Not Stated

Special Notices: Questions Due By 01/15/2021 03:20 PM

Specifications

Specifications include, but are not limited to: Iowa State University is interested in contracting with a company to provide Account Verification Services incompliance with the Supplementing Fraud Detection Standards for WEB Debits rule effective March 19, 2021. ISUcurrently uses a legacy mainframe system to collect ACH debit information from payers and then sends theinformation to our financial institution for processing. The number of payments per month can range from 6,000 to20,000 depending on the time of year, with January and August being the largest months.ISU is seeking proposals for services to assist with verifying the bank accounts provided by the payer.

Product Code: 94600

Agency Information


Issuing Agency: Iowa State University

State: Iowa

Agency Type: State and Local

Contact: Stacy Sassman, Purchasing Department 1340 Administrative Services Building, 2221 Wanda Daley Drive, Ames, Iowa, 50011

Phone: 515-294-9390

Fax: 515-294-9606

Email: ssassman@iastate.edu

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