Posted Date : October 03,2018
Product (RFP/RFQ/RFI/Solicitation/Tender/Bid Etc.) ID : BANKING-1073
Government Authority located in Baltimore, Maryland; USA based organization looking for expert vendor for commercial banking services.
[A] Budget: Looking for proposal
[B] Scope of Service:
Vendor needs to provide commercial banking services to perform payment services in two different arenas to process Medicare payments authorized by the Medicare administrative contractors and to process payments for CMS demonstration projects to the government authority located Baltimore, MD.
- Also provide claims payments, payment funding, reconciliation, provision for ach risk exposure , imaging of documentation, internet banking services, daily transmissions between the, contractor/bank/CMS, technical assistance and customer service, technical connections and file transmissions to and through CMS, establishment of accounts and ownership, testing of non-base jobs, invoicing and billing in specified format, daily/weekly/monthly reporting as defined, provide references of comparable transaction volume processing, functionality and responsibility.
- Commercial banking services required must be provided by a financial institution with experience in large scale commercial banking transactions, management of substantial government funding or deposits, electronic funds transfer, and government reporting functions, and that is currently a designated financial agent of the U.S. department of the Treasury, Capability to maintain 24X7 customer service data transmission support, and handle a volume of over 100 incoming and 200 outgoing files per day, this represents half of the data transmission volume for total claims payments, capability to manage and perform payment funding utilizing a separate government backed letter of credit for each of over 25 payment streams, payment funding capabilities include reporting as well as maintaining the integrity and segregation of the funding as defined, capability to perform reconciliation and report weekly and monthly for over 20 different payment streams funded through separate letters of credit as well as over 6 different demonstration projects individually funded, capability to provide over the counter imaging and processing of deposits and Imaging of documentation as required, capability to provide resources and technical connections/file transmissions in designated file formats to insure security, integrity and timeliness of information transmissions.
[C] Eligibility:
Onshore (USA Only)
[D] Work Performance:
Performance of the work will be Offsite. Vendor needs to carry work in their office premises.
Budget :
Deadline to Submit Proposals: October 12,2018
Cost to Download This RFP/RFQ/RFI/Solicitation/Tender/Bid Document : 5 US$
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Product (RFP/RFQ/RFI/Solicitation/Tender/Bid Etc.) ID : BANKING-1073
Government Authority located in Baltimore, Maryland; USA based organization looking for expert vendor for commercial banking services.
[A] Budget: Looking for proposal
[B] Scope of Service:
Vendor needs to provide commercial banking services to perform payment services in two different arenas to process Medicare payments authorized by the Medicare administrative contractors and to process payments for CMS demonstration projects to the government authority located Baltimore, MD.
- Also provide claims payments, payment funding, reconciliation, provision for ach risk exposure , imaging of documentation, internet banking services, daily transmissions between the, contractor/bank/CMS, technical assistance and customer service, technical connections and file transmissions to and through CMS, establishment of accounts and ownership, testing of non-base jobs, invoicing and billing in specified format, daily/weekly/monthly reporting as defined, provide references of comparable transaction volume processing, functionality and responsibility.
- Commercial banking services required must be provided by a financial institution with experience in large scale commercial banking transactions, management of substantial government funding or deposits, electronic funds transfer, and government reporting functions, and that is currently a designated financial agent of the U.S. department of the Treasury, Capability to maintain 24X7 customer service data transmission support, and handle a volume of over 100 incoming and 200 outgoing files per day, this represents half of the data transmission volume for total claims payments, capability to manage and perform payment funding utilizing a separate government backed letter of credit for each of over 25 payment streams, payment funding capabilities include reporting as well as maintaining the integrity and segregation of the funding as defined, capability to perform reconciliation and report weekly and monthly for over 20 different payment streams funded through separate letters of credit as well as over 6 different demonstration projects individually funded, capability to provide over the counter imaging and processing of deposits and Imaging of documentation as required, capability to provide resources and technical connections/file transmissions in designated file formats to insure security, integrity and timeliness of information transmissions.
[C] Eligibility:
Onshore (USA Only)
[D] Work Performance:
Performance of the work will be Offsite. Vendor needs to carry work in their office premises.
Budget :
Deadline to Submit Proposals: October 12,2018
Cost to Download This RFP/RFQ/RFI/Solicitation/Tender/Bid Document : 5 US$