Alice Independent School District Depository Services RFP 25-02 2025-2027
Alice Independent School DistrictSchool · Alice, TX- Due
- Jul 25, 2025
- Deadline passed
- Posted
- Jul 2, 2025
- Contract term
- 2 years
- Primary contact
- Melissa Sanchez
- (361) 664-0981
The 30-second brief
Alice Independent School District (AISD) is soliciting proposals from qualified banking institutions to serve as the district's depository for a two-year term beginning September 1, 2025, and ending August 31, 2027, with options for two additional two-year extensions. The scope of work includes comprehensive banking functions: maintaining general operating, payroll, tax, worker's compensation, capital projects, and activity accounts; automated cash management (online reporting, wires, positive pay); deposit services; and collateralization of public funds at 102% per TEC §45.201. Evaluation is based on cost of services (35%), ability to perform (25%), collateralization policy (10%), and fraud prevention (10%). A $2,500 cashier's check is required as a proposal guarantee. Proposals are due July 25, 2025, at 2:00 pm CST/CDT.
Three paper copies of proposal, Electronic copy of fee schedule, Transmittal letter, $2, 500 cashier's check, Audited financial statements, Sample collateral agreement, Sample account analysis statement
Cost of services (35%), Ability to provide services (25%), Collateralization policy (10%), Fraud prevention (10%), Additional services (5%), Funds availability (5%), Automated services (5%), Interest rates (5%)
Get notified when Alice Independent School District posts the next one.
Get alerts freeFree account · 30-second setup · No credit card
Summary
Alice Independent School District (AISD) is soliciting proposals from qualified banking institutions to serve as the district's depository for a two-year term beginning September 1, 2025, and ending August 31, 2027, with options for two additional two-year extensions.
The scope of work includes comprehensive banking functions: maintaining general operating, payroll, tax, worker's compensation, capital projects, and activity accounts; automated cash management (online reporting, wires, positive pay); deposit services; and collateralization of public funds at 102% per TEC §45.201. Evaluation is based on cost of services (35%), ability to perform (25%), collateralization policy (10%), and fraud prevention (10%). A $2,500 cashier's check is required as a proposal guarantee. Proposals are due July 25, 2025, at 2:00 pm CST/CDT.
EVALUATION CRITERIA
REQUIRED DELIVERABLES
8- Three paper copies of proposal
- Electronic copy of fee schedule
- Transmittal letter
- $2
- 500 cashier's check
- Audited financial statements
- Sample collateral agreement
- Sample account analysis statement
REQUIRED ATTACHMENTS
4- Attachment A (Volumes for Pricing Transactions)
- Attachment B (Current Account Structure)
- Attachment C (Investment Policy)
- Attachment D (Sample Collateral Agreement)
- Submit to
- Alice Independent School District, Attn: Melissa Sanchez, CFO, #2 Coyote Trail, Alice, TX 78332
- Scope location
- Alice, TX
Questions about this RFP
How do I respond to this RFP from Alice Independent School District?
Review the full solicitation document for submission requirements, evaluation criteria, and deadlines. The submission deadline is July 25, 2025. The solicitation specifies required deliverables that must be addressed in your response. Be sure to include all required attachments as outlined in the solicitation. Submissions should be delivered to: Alice Independent School District, Attn: Melissa Sanchez, CFO, #2 Coyote Trail, Alice, TX 78332. For questions, contact Melissa Sanchez.
Can small businesses or minority-owned firms bid on this RFP?
Most government agencies, including Alice Independent School District in TX, encourage participation from small businesses, minority-owned, women-owned, and disadvantaged business enterprises (MBE/WBE/DBE). Check the full solicitation for any small business participation goals.
What happens after the RFP submission deadline?
After the deadline, the issuing agency reviews all submissions against the stated evaluation criteria. This typically includes a compliance check, technical evaluation, cost analysis, and may involve oral presentations with shortlisted vendors.
Can I ask questions about this solicitation before submitting?
Yes, most solicitations allow vendors to submit questions during a designated period. The primary contact is Melissa Sanchez at (361) 664-0981. Questions and answers are typically shared with all prospective bidders.
What are the key deliverables?
The solicitation specifies the following deliverables: Three paper copies of proposal, Electronic copy of fee schedule, Transmittal letter, $2, 500 cashier's check, Audited financial statements, Sample collateral agreement, Sample account analysis statement. Proposals should clearly address how each deliverable will be met.
Show 5 more questions
What are the evaluation criteria for this solicitation?
This solicitation includes specific evaluation criteria that will be used to score proposals. The criteria include: "Cost of services (35%), Ability to provide services (25%), Collateralization policy (10%), Fraud prevention (10%), Additional services (5%), Funds availability (5%), Automated services (5%), Interest..." Vendors should carefully align their proposals with each criterion to maximize their score.
Where can I find more RFPs from Alice Independent School District?
All active and historical solicitations from Alice Independent School District are tracked and searchable. As a school agency, Alice Independent School District regularly publishes solicitations. Visit the agency profile to see current open bids, past contracts, vendor relationships, and decision-maker contacts.
What is the contract term for this solicitation?
The anticipated contract term is 2 years. Contract terms may include renewal options.
What documents are required to bid on this RFP?
Requirements vary by solicitation, but common documents include a technical proposal, cost/price proposal, proof of insurance, relevant certifications, past performance references, and any forms specified in the solicitation. This solicitation specifically requires the following attachments: Attachment A (Volumes for Pricing Transactions), Attachment B (Current Account Structure), Attachment C (Investment Policy), Attachment D (Sample Collateral Agreement). Review the full document from Alice Independent School District for the complete list.
What is the scope of this project?
This solicitation defines a specific project scope. The scope covers the following locations: Alice, TX. Review the full solicitation for detailed scope requirements.