WASHINGTON - The Treasury Department is free to move ahead in its discussions with banks bidding for the biggest-yet electronic benefits transfer contract, a federal judge ruled Thursday.

U.S. District Judge Emmett G. Sullivan denied Transactive Corp.'s request for a preliminary injunction halting the banks-only bidding process. But he promised to rule before Oct. 17, when the contract is scheduled to be awarded, on the merits of the company's complaint that it should be allowed to bid for the job.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

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