Specifications include, but are not limited to: 1. Provide ODFI Services to the Department of Treasury. 2. Receive daily files in standard ACH format for Credit transactions. 3. Process ACH transactions for all available standard entry class codes, specifically PPD, CCD, IAT, and CTX. 4. Process ACH files as defined in Appendix B. 5. Process CCD Health Care EFT Transactions 6. Warehouse transactions for at least three holiday cycles during the year: Thanksgiving, Christmas, and New Years and it may be required on other occasions. Assume a maximum of five days of warehousing per year will occur due to holidays. 7. Process ACH Reversal and Reclamation requests, according to NACHA standards. 8. Provide security controls to ensure integrity and accuracy of financial, confidential and remittance data including encryption of files transmitted between the State and Contractor as required in accordance with DTMB Technical Standards (Schedule A Section 1.2 Specific Standards). 9. Provide Web-Based access to initiate ACH transactions on an exception basis. This includes origination, reversals, and reclamations. (This will typically be used as a backup contingency plan.) 10. Provide Web based access to initiate Tracer and Manual Recall requests. 11. Provide timely responses to Tracer and Manual Recall requests. 12. Provide a Web based user portal to approve ACH file transmissions. 13. Provide bank electronic cash management access to view daily bank statements, adjustments, etc. 14. Provide reporting that meets Treasurys needs. 15. Provide customer service support and maintenance. Customer support staff must be experienced. Experienced back-up staff are also required. 16. Compliance with designated State banking statutes, The State Constitution, National Automated Clearing House Association rules, Uniform Commercial Code Section 4A, Regulation E, and State policies and procedures 17. Acquire a high-quality ACH process that ensures timeliness, accuracy, security, integrity, and confidentiality of data. 18. Provide a dedicated, experienced, and knowledgeable ACH implementation team to ensure the efficient and timely migration from the State’s current contractor. 19. Additional work pertaining to ACH payments available to be added to Contract per mutual agreement through change notice of the Contract.
