(1) Vendor needs to provide leave exchange solution.– Annual Leave Exchange Program designed to provide employees with a flexible and innovative way to manage their accrued Annual Leave– A self–service portal where employees can elect how many Vacation days they would like to convert for the purpose of paying down student loan debt.– Functionality allowing converted Vacation dollars to be applied towards paying down an employee’s current student loan debt– Interface directly with student loan servicers for the purpose of transmitting funds to pay down student loan debt via converted Vacation dollars– The self–service portal should be easily accessible via single sign–on (SSO) authentication(2) All the questions must be submitted no later than April 14, 2025.(3) The contract period will be for three years.(4) Intent to Bid due no later than April 4, 2025.
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