SOLICITATION NOTICE
R -- Financial Institution Information Verification
- Notice Date
- 7/20/2005
- Notice Type
- Solicitation Notice
- NAICS
- 519190
— All Other Information Services
- Contracting Office
- Social Security Administration, Deputy Commissioner for Finance, Assessment and Management, Office of Acquisition and Grants, G-C-7 East High Rise Building 6401 Security Blvd., Baltimore, MD, 21235
- ZIP Code
- 21235
- Solicitation Number
- Reference-Number-SSA-05-FinInst
- Response Due
- 8/5/2005
- Archive Date
- 8/20/2005
- Description
- The Social Security Administration (SSA) intends to negotiate on a sole source basis with Thomson Financial Publishing (TFP) to effectively and efficiently verify depository accounts and to detect unreported depository accounts at financial institutions. To date, TFP, located at 4709 West Golf Road, 6th Floor, Skokie, Illinois 60076, is the only company identified by SSA that has the capability for detecting unreported depository accounts at financial institutions using the customers name and social security number as the identifying information. TFP serves as the Official Registrar of the Routing Number System for the American Bankers Association (ABA); they are purportedly the single source for assigning and retiring routing numbers for every institution that meets the criteria established by ABA; and it is believed that every financial institution in the US must come to them to be assigned, to retire, or to change a routing number. In their capacity as Official Registrar of the Routing Number System for the ABA, TFP collects, processes, and maintains a database of current information on financial institutions worldwide. The SSA has previously conducted extensive market research and published multiple sources sought notices to identify alternative sources of supply for these services. This research has demonstrated to the SSA that TFP is the only organization uniquely qualified to implement all the tasks required by SSA. SSA?s previous market research/ public notices can be found at: http://www1.eps.gov/servlet/Documents/R/58960, http://www1.eps.gov/servlet/Documents/R/204511, http://www1.eps.gov/servlet/Documents/R/629327, and http://www2.eps.gov/servlet/Documents/R/985067 . SSA previously awarded a one year purchase order to TFP for a Proof of Concept (POC) for these services. During the POC phase TFP successfully demonstrated a process for verifications and reimbursement requests from a number of test offices in selected states. This involved converting to electronic media the informational exchanges that now occur in paper form each year between financial institutions and SSA during the initial application period and the re-determination process. In addition to requesting account balances and interest income revealed by the applicant/recipient, the POC also requested and verified titling and balance information on all types of accounts or certificates held by the applicant/ recipient. The initial (POC) phase was successfully concluded, and a second follow-on phase of the POC, featuring gathering of study data for a potential nationwide roll-out of the SSA/TFP proprietary accounts verification program, was implemented over the past year. It is SSA?s current intention to proceed to the ?Fully Developed Phase? and to complete systems development to fully automate the account verification, reimbursement processes, with the ultimate goal to make the verification process totally transparent to the user so that the system automatically generates verification requests, records the response and then only generates alerts to the user for cases requiring further action. This follow-on agreement will have a period of performance of one year, with an anticipated award/ start date of 9/29/2005. Again, this is a notice of intent to negotiate on a sole source basis with TFP for these follow-on services and not a request for competitive proposals. Any responsible firm that feels it has the capability to provide this requirement and has similar capabilities and resources as Thomson Financial Publishing may respond in writing no later than August 5, 2005 with capability statements and information describing in full detail their capabilities to accomplish SSA's objective. Additionally, respondents should cite specific examples of their experience in detecting unreported depository accounts at financial institutions using the customers name and social security number as the identifying information. Interested parties that feel they can provide these services may respond by submitting their capability statement by email to Randall.Pickwell@ssa.gov. All responses shall be marked CAPABILITY STATEMENT- FINANCIAL INSTITUTION VERIFICATION. Information received will be considered solely for the purpose of determining whether to conduct a competitive procurement. A determination by the Government not to compete this requirement based upon responses to this notice is solely within the discretion of the Government. If no responses are received by the cutoff date above, the SSA will proceed with sole source negotiations with TFP. Again, all questions and submissions in response to this notice must be submitted in writing to the e-mail address listed above. Telephone calls regarding this matter will not be accepted, nor will they be returned.
- Record
- SN00851377-W 20050722/050720212745 (fbodaily.com)
- Source
-
FedBizOpps.gov Link to This Notice
(may not be valid after Archive Date)
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