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Treasury Seeks Proposals for Switching to Electronic System PDF Print E-mail
The U.S. Treasury asking for proposals to help it bring part of its operations into the electronic age. From the official notice:

The Financial Management Service (FMS), U.S. Department of the Treasury, is soliciting proposals from commercial banks that are interested in becoming the developer of the Over the Counter (OTC) channel application and service provider for the day to day management of the Government's OTC channel.

FMS seeks a dynamic service provider with a pioneering spirit and a culture that supports excellence, to lead a revolution in the way in which the Government conducts OTC revenue collection.  This solicitation represents an opportunity to transform the OTC revenue business line from an aged paper based, multi-system business model, to a web enabled retail business model that we envision will serve as the benchmark for the business world.  FMS requests that interested and eligible Financial Institutions (as defined in the notice) capable of providing these services to the Federal Government respond with a proposal, in accordance with the requirements specified in the notice.

The full notice can be found here.

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