DCL-9915, Generic Agreement for Financial Institution Data Match

DCL-99-15 Feb 17, 1999

TO: ALL STATE IV-D DIRECTORS

RE: Generic Agreement for Financial Institution Data Match

Dear Colleague:

In a recent Dear Colleague Letter (DCL-98-120, dated November 16, 1998), we informed you of the process for entering into agreements with multi-state institutions to conduct the financial industry data match through the Federal Parent Locator Service (FPLS). Attached are two generic agreements and transmittal sheet which States may adapt to their legal requirements, procedures and automated systems for entering into agreements with in-state financial institutions and multi-state financial institutions not opting to use the FPLS.

The first, more formal agreement, is intended for situations where there is cost reimbursement. The second, more streamlined agreement, is better suited for a no cost reimbursement situation where the financial institution is merely agreeing to begin reporting. The transmittal is designed for financial institution data match. However, states may choose to use the standardized Federal transmittal for 1099 or their state data processing transmittal form.

The generic agreements and transmittal were developed by incorporating ideas and language from existing agreements for several States. They are not intended to be standardized agreements. Rather they may be used as models for adaptation to a State's particular requirements and environment.

Feel free to contact L. Gina Barbaro, Financial Industry Liaison, at (202) 401-5426, should you have questions or suggestions.

Sincerely,

David Gray Ross
Commissioner
Office of Child Support Enforcement

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