Financial Management and Payroll Services

Overview

Financial, Legal, HR & Staffing

Jefferson City, Missouri, United StatesPosted about 1 month agoDeadline: April 30th, 2026

Fit Score

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SUMMARY

Missouri is seeking a vendor to manage financial and payroll services for a state agency, including employee verification and EVV-compliant timesheet processing.

KEY REQUIREMENTS

Must be a private or public organization with the ability to act as an IRS employer agent
Must have a minimum of five consecutive calendar years of experience providing Vendor Fiscal Employer Agent model financial management services to a population of over 2,000 individuals
Must have an in-state manager for the Missouri contract
Must provide Electronic Visit Verification (EVV) technology compliant with Section 12006 of the 21st Century Cures Act
Must have a minimum of two months cash reserves or a line of credit to cover business working capital
Must be registered in MissouriBUYS in a Prospective or Spend Authorized status
Must have a separate bank account for financial transactions related to this contract
Must provide results of a certified third-party audit annually for compliance with HIPAA, HITECH, SOC 2 Type II, PCI, or comparable standards

BUDGET

Verified

$175,000,000

CONTRACT DURATION

12 months

TIMELINE

Proposal due date: April 30th, 2026.

QUESTION DEADLINE

April 20th, 2026

Issuing Agency

Missouri Department Of Mental Health

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DESCRIPTION

The state agency in Missouri seeks a qualified contractor to provide comprehensive financial management and payroll services. Services will be rendered on an as-needed basis, requiring flexibility and reliability to meet the agency's evolving requirements.

The contractor will be responsible for verifying and maintaining documentation of each employee's social security number, city, and state of residence within employee files. It is essential that all payments to employees comply with federal and state departmental regulations. The contractor must design and produce employee timesheets that are compliant with Electronic Visit Verification (EVV) standards, as well as manage the distribution, collection, verification, and processing of these timesheets, ensuring accurate records are maintained for every employee.

The engagement emphasizes the importance of maintaining accurate documentation and regulatory compliance in all aspects of payroll and financial management.

Source attribution

This Settle analysis is based on the issuing organization’s public RFP listing.