Government of New York



June 24, 2010

Announcement

New York State Department of Taxation and Finance

Single Source Procurement

Pursuant to New York State Finance Law § 163.10(b), DTF is presenting the following summary of relevant circumstances, and material and substantial reasons why a competitive procurement was not feasible:

Personal Income Tax Controlled Disbursement and direct Deposit Processing with JP Morgan Chase

On June 14, 2010, the Department completed a single source procurement to extend the existing Personal Income Tax Controlled Disbursement and Direct Deposit Contract with JP Morgan Chase for an additional one month period. This extension is necessary to allow the contract period to coincide with the elimination of the Department’s legacy system.

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