City of Alamo - Bank Depository Services - RFP No. 2026-10-31 (2026)
City of AlamoCity · Alamo, TX- Due
- Oct 29, 2026
- Deadline passed
- Contract term
- 2 years
- Primary contact
- Adela Perez
- (956) 787-0006 ext 1131
The 30-second brief
The City of Alamo, Texas is requesting sealed proposals for a banking depository services contract for checking accounts, time deposits, wire transfers, ACH processing, and electronic banking products. Services are to begin November 1, 2026 and extend through November 1, 2028, with a renewal option for one additional year. Proposals must be received by Adela Perez, Purchasing Agent, City of Alamo, 420 N. Tower Road, Alamo, Texas 78516, no later than October 29, 2026 at 3:00 p.m. Evaluation criteria include interest rates offered, cost of services, service availability, financial strength, electronic services, and experience.
Interest rates offered on time deposits, checking accounts and/or repurchase agreements, Cost of Services, Service availability (location(s) and hours of operation of bank offices), Financial strength of institution, Electronic bank services offered, Experience with similar accounts
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Summary
The City of Alamo, Texas is requesting sealed proposals for a banking depository services contract for checking accounts, time deposits, wire transfers, ACH processing, and electronic banking products.
Services are to begin November 1, 2026 and extend through November 1, 2028, with a renewal option for one additional year. Proposals must be received by Adela Perez, Purchasing Agent, City of Alamo, 420 N. Tower Road, Alamo, Texas 78516, no later than October 29, 2026 at 3:00 p.m. Evaluation criteria include interest rates offered, cost of services, service availability, financial strength, electronic services, and experience.
EVALUATION CRITERIA
7- Interest rates offered on time deposits
- Checking accounts and/or repurchase agreements
- Cost of Services
- Service availability (location(s) and hours of operation of bank offices)
- Financial strength of institution
- Electronic bank services offered
- Experience with similar accounts
REQUIRED ATTACHMENTS
13- Audited financial statements for the most recent fiscal year
- Current call report
- Statement regarding any recent or unforeseen merger
- Full name and address of company and parent company
- Statement of current or potential conflicts of interest
- Attachment A 1 - 6
- Standard transfer procedures and wire transfer agreement
- Sample account analysis format
- Samples of monthly statements
- Prospectus if money market fund is used
- Master Repurchase Agreement if applicable
- Facsimile signature agreement
- Sample of contract used for depository contracts
- Submit to
- Adela Perez, Purchasing Agent, City of Alamo, 420 N. Tower Road, Alamo, Texas 78516
- Duration
- 24 months
- Scope location
- Alamo, TX
Questions about this RFP
How do I respond to this RFP from City of Alamo?
Review the full solicitation document for submission requirements, evaluation criteria, and deadlines. The submission deadline is October 29, 2026. Be sure to include all required attachments as outlined in the solicitation. Submissions should be delivered to: Adela Perez, Purchasing Agent, City of Alamo, 420 N. Tower Road, Alamo, Texas 78516. For questions, contact Adela Perez.
Can small businesses or minority-owned firms bid on this RFP?
Most government agencies, including City of Alamo 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 Adela Perez at (956) 787-0006 ext 1131. Questions and answers are typically shared with all prospective bidders.
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: "Interest rates offered on time deposits, checking accounts and/or repurchase agreements, Cost of Services, Service availability (location(s) and hours of operation of bank offices), Financial strength..." Vendors should carefully align their proposals with each criterion to maximize their score.
Where can I find more RFPs from City of Alamo?
All active and historical solicitations from City of Alamo are tracked and searchable. As a city agency, City of Alamo 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: Audited financial statements for the most recent fiscal year, current call report, statement regarding any recent or unforeseen merger, full name and address of company and parent company, statement o. Review the full document from City of Alamo for the complete list.
What is the scope of this project?
This solicitation defines a specific project scope. The scope covers the following locations: Alamo, TX. Review the full solicitation for detailed scope requirements.