The City is seeking comprehensive Citywide banking services. It is the intent of this solicitation to engage one or more qualified full-service banking institutions to provide comprehensive Citywide banking services. It is the intent of the City to have a single bank provide all the banking services described herein; however, the City may distribute these services among several banks if such action would be more beneficial to the City. The successful Offeror shall have the ability and capacity to provide the most innovative and efficient services along with the most advanced technological capabilities. The main objectives are: a) to obtain the best value banking services; b) minimize the cost of banking services to the taxpayers of the City; c) and maximize the return on liquid assets while avoiding unreasonable risk. Although requirements are detailed in this document, banks are invited to make alternative proposals concerning a particular bank service that may result in a more cost-effective delivery of that service.
A virtual, telepresence pre-proposal meeting will be held on WEDNESDAY, FEBRUARY 17, 2021 AT 02:00 P.M.. Offerors must register below in order to attend the meeting. This meeting is not mandatory; however, offerors are strongly encouraged to attend.
Register for Virtual Pre-Proposal Meeting Here: Register
SUBMITTAL OF QUESTIONS
Technical and contractual questions pertaining to this RFP may be directed to Jonathan Pierson, CPSM, C.P.M., Principal Buyer, via e-mail at no later than 10:00 A.M., WEDNESDAY, FEBRUARY 24, 2021. Oral answers to questions relative to interpretation of requirements or the proposal process will not be binding on the City.
To ensure fair consideration for all offerors, any interpretation made to prospective offerors will be expressed in the form of an addendum to the requirements, if such information is deemed necessary for the preparation of proposals or if the lack of such information would be detrimental to the uninformed offeror. Such addendums, if issued, will posted below:
Please note, that it is the proposer’s responsibility to check this site frequently for Addendums, which may impact pricing, this documents requirements, terms and/or conditions. Failure to sign and return an Addendum with your response may result in disqualification of proposal.