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COMMERCE BUSINESS DAILY ISSUE OF MAY 30,1995 PSA#1356Mr. Alan Guthals, TR0527, Cash and Portfolio Administrator, Rocky
Mountain Health Care Corporation, 700 Broadway, Denver, CO 80273 R -- PART A MEDICARE BANKING SERVICES At New Mexico Blue Cross and
Blue Shield intends to issue an Invitation for Bid (IFB) on June 1,
1995, for banking services under the Checks Paid Method of Letter
Credit Financing (zero balanceaccount) of handling the Medicare Federal
Health Insurance Benefits Account. Government funds will be deposited
in a Time Account and the interest earned by the Time Account will be
used to offset the bank's service charges for handling the Medicare
Benefits Account. Banks should have capability to clear and reconcile
an account with volume of 17,000 checks and 2,200 ACH credits per month
with dollar disbursements amounting to $500,000,000 per month. The term
of the contract is for two years with an option to renew annually
thereafter. Requests for copies of the IFB should be addressed to:
Above. Telephone requests will be honored if you call Alan Guthals at
303-831-2628. (145) Loren Data Corp. http://www.ld.com (SYN# 0075 19950526\R-0007.SOL)
R - Professional, Administrative and Management Support Services Index Page
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