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FBO DAILY ISSUE OF APRIL 18, 2003 FBO #0504
SOURCES SOUGHT

99 -- Financial Institution Verification

Notice Date
4/16/2003
 
Notice Type
Sources Sought
 
Contracting Office
Social Security Administration, Deputy Commissioner for Finance, Assessment and Management, Office of Acquisition and Grants, 1710 Gwynn Oak Avenue, Baltimore, MD, 21207-5279
 
ZIP Code
21207-5279
 
Solicitation Number
Reference-Number-SSA03FinInst
 
Archive Date
5/13/2003
 
Point of Contact
Jacqueline Lessig, Contract Specialist, Phone 4109659490, Fax 4109659560,
 
E-Mail Address
jacqueline.lessig@ssa.gov
 
Description
The Social Security Administration (SSA) intends to negotiate on a sole source basis with Thomson Financial Publishing to effectively and efficiently verify depository accounts and to detect unreported depository accounts at financial institutions. This project will be accomplished two phases. The initial phase (Proof of Concept (POC)) will have a period of performance of one year. During the POC phase the Vendor will be expected to process verifications and reimbursement requests from a number of test offices in selected states. This will involve 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/deemor, we will also request titling and balance information on all types of accounts or certificates held by the applicant/ recipient/deemor. Upon successful completion of the POC SSA intends to negotiate on a sole source basis with Thomson Financial Publishing the "Fully Developed Phase" (FDP) of this project. The FDP will include system 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. The FDP will have a period of performance of base one year period and four one-year options. Thomson Financial Publishing is the only organization uniquely qualified to implement all the tasks required under this contract. SSA knows of no other source that has the capability to satisfy all of the requirements for this contract. This is a notice of intent and not a request for competitive proposals. Interested parties that feel they can provide these services may respond by submitting their capability statement to Jackie Lessig by mail to: SOCIAL SECURITY ADMINISTRATION, 1710 GWYNN OAK AVENUE, BALTIMORE, MARYLAND 21207; by email to jacqueline.lessig@ssa.gov or by fax to 410-965-9560. All responses shall be marked CAPABILITY STATEMENT- FINANCIAL INSTITUTION VERIFICATION, and shall be received within ten (10) days of the publication date of this notice. 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 Thomson Financial Publishing All questions must be submitted in writing to the mailing address or email address listed above and marked to the attention of Jackie Lessig. Telephone calls will not be accepted.
 
Record
SN00305352-W 20030418/030416213939 (fbodaily.com)
 
Source
FedBizOpps.gov Link to This Notice
(may not be valid after Archive Date)

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