Colorado Department of Health Care Policy and Financing

Buyer is seeking income verification services to replace a current solution that is budget prohibitive. Buyer is particularly interested in cost-effective solutions for income verification. This is a Request for Information (RFI) to gather feedback from vendors before issuing a formal RFP. Buyer will use responses to develop requirements for a future competitive solicitation.

• 6/23/2025 - Inquiry Deadline
• 7/9/2025 - Proposal Due Date

• CRA (Consumer Reporting Agency) approved
• Comply with Fair Credit Reporting Act rules

• Process income verification applications with comprehensive workflow
• Ensure compliance with Fair Credit Reporting Act guidelines
• Maintain secure storage and protection of state data records
• Provide timely turnaround for income verification requests
• Develop strategies for obtaining income records from employers
• Obtain employment information from self-employed individuals
• Implement quality control to ensure data accuracy
• Provide access to systems for state lookup of records
• Create comprehensive reporting capabilities including dashboards
• Handle requests with insufficient income record information