City of Copperas Cove Depository Services RFP No. 2026-02-31
City of Copperas Cove cityCity · Copperas Cove city, TX- Due
- Apr 2, 2026
- Deadline passed
- Posted
- Feb 20, 2026
- Contract term
- 5 years
- Primary contact
- Stephanie Potvin
The 30-second brief
The City of Copperas Cove is soliciting proposals from qualified banking institutions for a five-year depository services contract beginning July 1, 2026. Services include managing 15 accounts, online reporting, and check processing, with proposals due April 2, 2026.
Vendor Information Sheet, W9, Firm history, Office locations, Cost and Schedule Proposal Form, Bank Performance Analysis Form, Audited financial statements, FDIC Call Reports
Time deposit interest rate 25%, Cost of Service 25%, Service availability 25%, Safety and creditworthiness of bank 25%
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Summary
The City of Copperas Cove is soliciting proposals from qualified banking institutions for a five-year depository services contract beginning July 1, 2026. Services include managing 15 accounts, online reporting, and check processing, with proposals due April 2, 2026.
EVALUATION CRITERIA
4- Time deposit interest rate 25%
- Cost of Service 25%
- Service availability 25%
- Safety and creditworthiness of bank 25%
REQUIRED DELIVERABLES
8- Vendor Information Sheet
- W9
- Firm history
- Office locations
- Cost and Schedule Proposal Form
- Bank Performance Analysis Form
- Audited financial statements
- FDIC Call Reports
REQUIRED ATTACHMENTS
4- Appendix A
- Appendix B
- Appendix C
- Appendix E
- Submit to
- 914 S. Main Street Suite H, Copperas Cove, TX 76522
- Duration
- 60 months
- Scope location
- Copperas Cove, TX
- Reported agency
- City of Copperas Cove
Questions about this RFP
How do I respond to this RFP from City of Copperas Cove city?
Review the full solicitation document for submission requirements, evaluation criteria, and deadlines. The submission deadline is April 2, 2026. 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: 914 S. Main Street Suite H, Copperas Cove, TX 76522. For questions, contact Stephanie Potvin.
Can small businesses or minority-owned firms bid on this RFP?
Most government agencies, including City of Copperas Cove city 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 Stephanie Potvin. Questions and answers are typically shared with all prospective bidders.
What are the key deliverables?
The solicitation specifies the following deliverables: Vendor Information Sheet, W9, Firm history, Office locations, Cost and Schedule Proposal Form, Bank Performance Analysis Form, Audited financial statements, FDIC Call Reports. Proposals should clearly address how each deliverable will be met.
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What are the evaluation criteria for this solicitation?
This solicitation includes specific evaluation criteria that will be used to score proposals. The criteria include: "Time deposit interest rate 25%, Cost of Service 25%, Service availability 25%, Safety and creditworthiness of bank 25%" Vendors should carefully align their proposals with each criterion to maximize their score.
Where can I find more RFPs from City of Copperas Cove city?
All active and historical solicitations from City of Copperas Cove city are tracked and searchable. As a city agency, City of Copperas Cove city 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: Appendix A, Appendix B, Appendix C, Appendix E. Review the full document from City of Copperas Cove city for the complete list.
What is the scope of this project?
This solicitation defines a specific project scope. The scope covers the following locations: Copperas Cove, TX. Review the full solicitation for detailed scope requirements.
