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closed🌐 goaa25-567-SGS/SG-00266

Notice of Intent to Award a Single (or Sole) Source Procurement for point of sale payment processing services

goaa / Finance

Description

Brief Description: To avoid any disruption in service, this request is to enter into a direct contract with Bank of America for all our POS Devices (credit card machines) and their backend payment and credit card transaction processing system. Due to the split between FirstData (now Fiserv) and Bank of America, which was finalized in December 2024, the current contract we’re on is now void and must be replaced by March 12, 2025. Estimated Value: $82,000.00. NOTE: The Estimated amount entered is based on average monthly transaction bank fees of approximately $6900/mo. Term (Years): 1 Vendor: Bank of America Justification: Bank of America has been our customer payment processor since we began accepting credit card and online payments from customers. Their system is currently linked to all our POS devices and online payment portals which will allow us to continue business as usual without any disruptions to the payment process, end user experience and Finance department activities. A switch would require us to create all new accounts, resync all our POS devices and modify our existing customer-facing websites to interface directly with a new system. Also, we will not have to redo our PCI compliance with a new third party provider as we are already in compliance with Bank of America. As this isn’t a change to the way we do business or process payments, there isn’t any additional effort or cost required. Zero interruption is service.

Details

Posted
Mar 13, 2025
Response deadline
Apr 10, 2025, 9:00 PM UTC
Status
closed
Buyer
goaa
Department
Finance
Jurisdiction
goaa
Reference #
25-567-SGS/SG-00266
Summary
<p>Brief Description: To avoid any disruption in service, this request is to enter into a direct contract with Bank of America for all our POS Devices (credit card machines) and their backend payment
Is Paused
false
Template Title
NOTICE OF INTENT TO AWARD SINGLE SOURCE PROCUREMENT
Copy Count
0
Government Organization City
Orlando
Government Organization Name
Greater Orlando Aviation Authority
Government Organization State
FL
Government Organization Zip Code
32827
Government Organization Address1
5855 Cargo Road
Government Organization Timezone
America/New_York
Government Organization Country Code
US
Government Organization Phone Country
1
Close Out Reason
Notice Only - No Award has been made.
Closed Substatus
other

Contact

(407)825-2001
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This listing is a summary from goaa's open procurement data. We ingest every field the feed publishes; the full solicitation documents are on the source portal.

Raw record
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  "_slug": "goaa",
  "title": "Notice of Intent to Award a Single (or Sole) Source Procurement for point of sale payment processing services",
  "status": "closed",
  "summary": "<p>Brief Description: To avoid any disruption in service, this request is to enter into a direct contract with Bank of America for all our POS Devices (credit card machines) and their backend payment and credit card transaction processing system. Due to the split between FirstData (now Fiserv) and Bank of America, which was finalized in December 2024, the current contract we&rsquo;re on is now void and must be replaced by March 12, 2025.</p><p>Estimated Value: $82,000.00. NOTE: The Estimated amount entered is based on average monthly transaction bank fees of approximately $6900/mo.</p><p>Term (Years): 1</p><p>Vendor: Bank of America</p><p>Justification:</p><p>Bank of America has been our customer payment processor since we began accepting credit card and online payments from customers. &nbsp;Their system is currently linked to all our POS devices and online payment portals which will allow us to continue business as usual without any disruptions to the payment process, end user experience and Finance department activities. A switch would require us to create all new accounts, resync all our POS devices and modify our existing customer-facing websites to interface directly with a new system. Also, we will not have to redo our PCI compliance with a new third party provider as we are already in compliance with Bank of America.</p><p>As this isn&rsquo;t a change to the way we do business or process payments, there isn&rsquo;t any additional effort or cost required. Zero interruption is service.</p>",
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  "created_at": "2025-03-11T16:52:29.230Z",
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      "name": "Greater Orlando Aviation Authority",
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  "financialId": "25-567-SGS/SG-00266",
  "closeOutReason": "Notice Only - No Award has been made.   ",
  "closedSubstatus": "other",
  "proposalDeadline": "2025-04-10T21:00:00.000Z",
  "releaseProjectDate": "2025-03-13T04:00:00.000Z"
}