Transactive Corp., an electronic benefits transfer vendor, is protesting the recent decision by six western states to award a lucrative contract to Citibank.

The unit of Gtech, claiming it was the low bidder, filed the protest May 24 with the Colorado Department of Health and Human Services. Citibank's bid won the contract to distribute welfare and other public assistance benefits through automated teller machines and point of sale networks.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.