City of Brenham Bank Depository Services RFP No. 20-008 2020
City of Brenham, City of Brenham, TX·City
Track City of Brenham solicitations
Get alerted when City of Brenham posts a new RFP, and see the pre-RFP signals months before it publishes.
- Primary Contact
- Carolyn D. Miller · (979) 337-7566
- Contract Term
- 5 years
- Scope Location
- Brenham, Texas
- Submission Address
- Brenham City Hall, 200 W. Vulcan St., Suite 204, Brenham, Texas 77833
SUMMARY
The City of Brenham, Texas is requesting proposals for a five-year bank depository services contract starting September 1, 2020, and extending through August 31, 2025. The City seeks to minimize banking costs, improve operational efficiency, and maximize investment capabilities through automated services. Scope includes consolidated account structures with sweep mechanisms to money market funds, automated treasury services, remote deposit, ACH processing, positive pay, wire transfers, and safekeeping services for approximately 7-10 securities. The City currently maintains three accounts with an average ledger balance of approximately $9.6 million. Proposals are evaluated based on responsiveness (35%), costs and earnings potential (35%), experience and references (15%), and creditworthiness (15%). Submissions are due by 4:00 pm CST on July 21, 2020.
EVALUATION CRITERIA
Responsiveness and ability to provide services (35%), banking services costs and earnings potential (35%), experience and references (15%), creditworthiness and stability (15%)
REQUIRED DELIVERABLES
Two paper proposals, One electronic copy on thumb drive, Signed transmittal letter, Completed Attachment A (Schedule of Proposed Fees)
REQUIRED ATTACHMENTS
Attachment A: Schedule of Proposed Fees, Attachment B: City of Brenham Investment Policy
This was decided in a budget meeting long before the RFP was public. Civic IQ had it then. The next one doesn't have to get away.
Work in government? Get Civic IQ free →Frequently asked questions
Common questions about this solicitation, answered from the record.
How do I respond to this RFP from City of Brenham?
Review the full solicitation document for submission requirements, evaluation criteria, and deadlines. The submission deadline is July 21, 2020. 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: Brenham City Hall, 200 W. Vulcan St., Suite 204, Brenham, Texas 77833. For questions, contact Carolyn D. Miller.
What are the evaluation criteria for this solicitation?
This solicitation includes specific evaluation criteria that will be used to score proposals. The criteria include: "Responsiveness and ability to provide services (35%), banking services costs and earnings potential (35%), experience and references (15%), creditworthiness and stability (15%)" Vendors should carefully align their proposals with each criterion to maximize their score.
Where can I find more RFPs from City of Brenham?
All active and historical solicitations from City of Brenham are tracked and searchable. As a city agency, City of Brenham 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 5 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: Schedule of Proposed Fees, Attachment B: City of Brenham Investment Policy. Review the full document from City of Brenham for the complete list.
Can small businesses or minority-owned firms bid on this RFP?
Most government agencies, including City of Brenham 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 Carolyn D. Miller at (979) 337-7566. Questions and answers are typically shared with all prospective bidders.
What is the scope of this project?
This solicitation defines a specific project scope. The scope covers the following locations: Brenham, Texas. Review the full solicitation for detailed scope requirements.
What are the key deliverables?
The solicitation specifies the following deliverables: Two paper proposals, One electronic copy on thumb drive, Signed transmittal letter, Completed Attachment A (Schedule of Proposed Fees). Proposals should clearly address how each deliverable will be met.
Bring us your territory.
We'll show you what is forming.
B2G and SLED sales intelligence. Surface government procurement signals from 100,000+ state, local, and education agencies months before the RFP.