Massachusetts COMMBUYS #BD-26-1037-2CTF0-CTF00-127262

Third-Party Payment Processing Administration for Children's Trust Fund Stipends

The Massachusetts Department of Early Education and Care, via the Children's Trust Fund, is seeking a qualified third-party logistics service provider to administer payment processing for community engagement and speaker stipends. - Government Buyer: - Department of Early Education and Care (Children's Trust Fund) - Products/Services Requested: - Third-party administration of payment processing for stipends - Management of tax documentation collection and reporting compliance - Estimated Contract Value: - $225,000 to $325,000 annually - Unique/Notable Requirements: - Vendor must act as an impartial administrator - Open to all qualified vendors; not limited to any specific OEM or brand - Includes required forms and documentation for compliance - No specific OEMs or vendors are named in the solicitation - Opportunity classified under specialized educational services

Description

The Children's Trust seeks to engage a qualified third-party administrator to manage payment processing for community engagement and speaker stipends on behalf of the agency. The selected vendor will serve as an impartial intermediary to handle all aspects of payment administration, tax documentation collection, and reporting compliance. The procurement involves a single item with an estimated annual budget between $225,000 and $325,000. The solicitation is open to all qualified vendors and includes attachments for the RFR document and required forms.

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