City of Copperas Cove RFP Depository Services 2026
- Due
- Apr 3, 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 sealed proposals from qualified banking institutions to establish a contract for banking services. The contract period is from July 1, 2026, to June 30, 2031. The RFP outlines specific banking services required, submission instructions, deadlines, and evaluation criteria.
Completed Vendor Information Sheet and W9, Summary of firm's history, Listing of present office locations, Completed Cost and Schedule Proposal Form (Appendix A), Completed Bank Performance Analysis Form (Appendix B), Financial statements, FDIC Call Reports, And any additional information considered essential.
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 sealed proposals from qualified banking institutions to establish a contract for banking services.
The contract period is from July 1, 2026, to June 30, 2031. The RFP outlines specific banking services required, submission instructions, deadlines, and evaluation criteria.
EVALUATION CRITERIA
4- Time deposit interest rate 25%
- Cost of Service 25%
- Service availability 25%
- Safety and creditworthiness of bank 25%
REQUIRED DELIVERABLES
8- Completed Vendor Information Sheet and W9
- Summary of firm's history
- Listing of present office locations
- Completed Cost and Schedule Proposal Form (Appendix A)
- Completed Bank Performance Analysis Form (Appendix B)
- Financial statements
- FDIC Call Reports
- Any additional information considered essential
REQUIRED ATTACHMENTS
4- Appendix A - Cost and Schedule Proposal Form
- Appendix B - Bank Performance Analysis Form
- Appendix C - Conflict of Interest Questionnaire
- Appendix E - W-9 Vendor Information
REQUIRED STAFFING
Account Executive
- Submit to
- 914 S. Main Street, Suite H, Copperas Cove, Texas 76522 or P.O. Drawer 1449, Copperas Cove, TX 76522
- Duration
- 60 months
- Scope location
- Copperas Cove, Texas
- 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 3, 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, Texas 76522 or P.O. Drawer 1449, 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 staffing is required for this project?
This solicitation outlines specific staffing requirements. The required roles include: Account Executive. Proposers should demonstrate relevant qualifications and experience for each required role.
What are the key deliverables?
The solicitation specifies the following deliverables: Completed Vendor Information Sheet and W9, Summary of firm's history, Listing of present office locations, Completed Cost and Schedule Proposal Form (Appendix A), Completed Bank Performance Analysis Form (Appendix B), Financial statements, FDIC Call Reports, And any additional information considered. 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 - Cost and Schedule Proposal Form, Appendix B - Bank Performance Analysis Form, Appendix C - Conflict of Interest Questionnaire, Appendix E - W-9 Vendor Information. Additionally, proposals should address staffing requirements as outlined in the solicitation. 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, Texas. Review the full solicitation for detailed scope requirements.