Asset Verification Solution
Overview
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SUMMARY
DESCRIPTION
The issuing agency is seeking a vendor to provide an asset verification solution that can automatically query participating financial institutions and securely return electronic responses. The solution is intended to support efficient verification of assets while maintaining strong security and reliability.
The requested system should be a scalable, cloud-based platform capable of adapting to future program, enrollment, and policy changes without requiring significant redesign. It must also include comprehensive reporting features covering verification activity, response metrics, and identification of undisclosed assets to support oversight, auditing, and program evaluation.
The vendor is expected to provide secure 24/7 access for authorized Division staff, along with implementation, operational support, and help desk services to maintain system performance and responsiveness. Help desk support must be available to designated Division help desk personnel by toll-free telephone and email from 6:00 a.m. to 8:00 p.m. Pacific Time, Monday through Friday.
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Frequently asked questions
- When is the submission deadline?
- Submissions are due August 26, 2026.
- Who is a good fit for this opportunity?
- Provider of cloud-based asset verification or financial data exchange platforms
- Experience integrating securely with financial institutions and electronic response systems
- Strong capabilities in reporting, audit support, and compliance-focused data management
- Established help desk and operational support team with extended weekday coverage
- Experience serving government or public benefits programs
- Scalable SaaS vendor able to support policy and enrollment changes without major redevelopment
Analysis generated by Settle AI from the source RFP.
RFP Hunter shows what is open. Settle shows what is forming.
Settle pieces together buyer signals, budgets, contract activity, and the sources your team already monitors. See why an opportunity fits and what to do before the RFP posts.