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State Contract Reporting System

Florida Department of Financial Services: F.A.C.T.S

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Contract Information

 

Summary

Agency Name: DEPARTMENT OF FINANCIAL SERVICES

Agency Contract ID: OFR-FIN-0029

Long Title: Check Cashing Database IT System Implementation

Vendor Name: VERITEC SOLUTIONS LLC

Total Contract Amount: $679,500.00

Total Budgetary Amount: $679,500.00

Total Payment To Date: $596,365.59

Date of Execution: 07/17/2014

General Description: Provides for implementation and maintenance services related to the Check Cashing Database as mandated by statute.

Main Information

Agency Contract ID: OFR-FIN-0029

FLAIR Contract ID: F0029

Short Title: CCDB

Long Title: Check Cashing Database IT System Implementation

Contract Type: Standard Two Party Agreement by Statute

Contract Status: Closed or Expired

Date of Execution: 07/17/2014

Date of Beginning: 07/17/2014

Original End Date: 07/16/2016

New Ending Date: 06/30/2019

Agency Service Area: FI

Statutory Authority: 560.310, F.S.

Contract Involves State or Federal Financial Assistance: No

Recipient Type:

Provide for Administrative Cost: No

Provide for Periodic Increase: No

Procurement Information

Authorized Advanced Payment: No

Method of Procurement: Agency Invitation to Negotiate [s. 287.057(1)(c), F.S.]

State Term Contract ID:

Contract’s Exemption Justification:

Agency Reference Number:

Business Case Study Done: No

Legal Challenges to Procurement: No

Outsourcing / Capital Improvements

Was the Contracted Function Previously Performed by the State: No

Was the Contracted Function Considered for Insourcing back to the State: No

Did the Vendor Make Capital Improvements on State Property: No

Budget Information

Original Contract Amount: $679,500.00

Total Contract Amount: $679,500.00

Total Recurring Budgetary Amount: $679,500.00

Total Non-Recurring Budgetary Amount: $0.00

Total Budgetary Amount: $679,500.00

Total Unfunded Amount: $0.00

As of Date: 7/2/2018

Recurring Budgetary Amount Account Code Fiscal Year Effective Date FY Cost Accumulator Agency Amendment Reference
$151,000.00 43-50-2-573002-43900560-00-100527-00 07/01/2018 2018-2019 R3
$151,000.00 43-50-2-573002-43900560-00-100527-00 07/01/2017 2017-2018
$151,000.00 43-50-2-573002-43900560-00-100527-00 07/01/2016 2016-2017
$151,000.00 43-50-2-573002-43900560-00-100527-00 07/01/2015 2015-2016
$75,500.00 43-50-2-573002-43900560-00-100527-00 07/01/2014 2014-2015


No Non-Recurring Budgetary records found for this contract.

Contract Change

Change Type Amendment Amount Agency Amendment Reference Change Description Amendment Effective Date Amendment Execution Date New Ending Date
Renewal $0.00 R3 Renewal 07/01/2018 06/27/2018 06/30/2019
Renewal $0.00 A2 Renewal 07/01/2017 05/12/2017 06/30/2018
Renewal $0.00 R2 Renewal 07/01/2017 05/12/2017 06/30/2018
Renewal $0.00 R1 Renewal 07/01/2016 05/31/2016 06/30/2017

Vendor

Name Line 1Name Line 2City State ZipMinority Vendor Designation
VERITEC SOLUTIONS LLC JACKSONVILLE FL 322560000 Non-Minority

CFDA

No CFDA Codes found for the contract.

CSFA

No CSFA Codes found for the contract.
More Deliverable Number      Commodity/Service Type Major Deliverable Method of Payment
     
 Software maintenance and support System Operations-There are no costs associated with the implementation of this outsourced system, w... Fixed Price - Lump Sum
     
 Software maintenance and support Call Center Support-There are no costs associated with the implementation of this outsourced system,... Fixed Price - Lump Sum
 Displaying 1 to 2 of 2    


Payments are also referred to as expenditures (creating or incurring a legal obligation to disburse money) or disbursements (the payment of expenditures). Payments include disbursements and accounting adjustments made on a contract. Payments are always positive amounts while accounting adjustments may be positive or negative depending on the type of adjustment.

Payment Details

"Date" in the listing below indicates the date the payment voucher was recorded in the system, not the date the payment was issued.
More Fiscal Year Total Amount
     
 2018-2019 $151,000.00
     
 2017-2018 $151,000.00
     
 2016-2017 $143,365.59
     
 2015-2016 $151,000.00

If a payment or adjustment to a contract was made before July 1, 2012, the information may not be posted in this system.

Contract Documents


Click on the pdf icon or Agency Document Link to view the document
Document Type Document Reference # Executed Date Document Add Date Agency Document Link View
Original Contract * Original Contract - F0029 07/17/2014 10/3/2014 2:34:36 PM
Renewal A2 05/12/2017 7/26/2017 10:40:41 AM
Renewal R1 05/31/2016 9/14/2016 8:12:39 AM
Renewal R2 05/12/2017 6/7/2017 8:43:22 AM
Renewal R3 06/27/2018 6/28/2018 9:58:46 AM
* The Respondents final proposal is included as part of the Original Contract document


Audit results posted prior to June 30, 2012, appear in a summarized form. As of July 1, 2012, the audit reporting process was expanded to include additional questions and comments from the Bureau of Auditing. As audits are captured in electronic format, they will be posted to this system. If you are interested in seeing audit reports by Fiscal Year and Agency Action Plans, please click here to navigate to the Transparency Florida Contract Audit page.
Audit Type Review Date Fiscal Year View
Contract Review 05/12/2015 2014-2015 View
Contract Management Review 04/13/2015 2014-2015 View
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