This bid is to implement, host, and support a short-term lending database serving Virginia statewide, with work performed at your site. The client location is 1300 East Main Street, Richmond, Virginia 23219.
Due
November 20, 2026
20 days left
Location
Richmond, VA
Virginia
Posted on
mvendor.cgieva.com
Notice ID
RFP-130477
What they need
Core functionalityReal-time online borrower eligibility checks, ineligibility reasons, loan lifecycle tracking, historical data migration, and downloadable reports.
IntegrationsLender point-of-sale interfaces and imports from an existing financial institution information system.
SecurityEncryption in transit and at rest, role-based access, MFA, audit logging, annual independent security assessments, and penetration testing.
SupportToll-free borrower assistance, secure 24/7 alternative database access, user training, ongoing maintenance, and tested disaster recovery and business continuity plans.
ScheduleTarget go-live March 14, 2027; initial two-year term with three optional two-year renewals.
PricingProvide a fee per completed loan, supported by separate implementation and annual operating cost breakdowns. Operations are funded solely through lender-paid transaction fees collected weekly; 2025 volume was 16,205 loans.