City of Galveston - Banking Depository Services - RFP 26-21 (2026)
City of Galveston, City of Galveston, TX·City
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- Contract Term
- 3 years
- Duration
- 60 months
- Scope Location
- Galveston, TX
- Submission Address
- https://www.galvestontx.gov/bids.aspx?bidID=644
SUMMARY
The City of Galveston is seeking proposals from qualified financial institutions to provide banking depository services, including receiving deposits, paying items, wire transfers, stop payments, electronic cash management, and interest on daily deposits. The contract period is for three years with options to extend for two additional one-year periods. Submittals are due by October 23, 2026, at 10:00 AM CST, with a question deadline of October 9, 2026. Electronic submissions are required via the City's online portal.
EVALUATION CRITERIA
Operational Requirements: 20%, Firm/Assigned Representative Experience: 15%, Financial Strength: 5%, Scope of Additional Services Offered: 10%, Transition: 15%, Compliance with Requirements and Quality of Proposal: 5%, Fees: 30%
REQUIRED ATTACHMENTS
Appendix A – Proposal Document, Appendix B – Form CIQ, Appendix C – House Bills 13, 19, 89 Verifications, Appendix D – Property Tax Statement, Appendix E – Nepotism Statement, Appendix F – Non-Collusion Statement, Appendix G – Certification Regarding Debarment, Pricing Proposal, Addenda Checklist, References, Proposer's Questionnaire
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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 Galveston?
Review the full solicitation document for submission requirements, evaluation criteria, and deadlines. The submission deadline is October 23, 2026. Be sure to include all required attachments as outlined in the solicitation. Submissions should be delivered to: https://www.galvestontx.gov/bids.aspx?bidID=644.
What are the evaluation criteria for this solicitation?
This solicitation includes specific evaluation criteria that will be used to score proposals. The criteria include: "Operational Requirements: 20%, Firm/Assigned Representative Experience: 15%, Financial Strength: 5%, Scope of Additional Services Offered: 10%, Transition: 15%, Compliance with Requirements and Qualit..." Vendors should carefully align their proposals with each criterion to maximize their score.
Where can I find more RFPs from City of Galveston?
All active and historical solicitations from City of Galveston are tracked and searchable. As a city agency, City of Galveston 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 3 years. Contract terms may include renewal options.
Is this solicitation still open for submissions?
Based on the posted deadline of October 23, 2026, this solicitation appears to still be accepting submissions. Deadlines may change through amendments or addenda, so always verify the current status directly with the issuing agency before preparing your response.
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 – Proposal Document, Appendix B – Form CIQ, Appendix C – House Bills 13, 19, 89 Verifications, Appendix D – Property Tax Statement, Appendix E – Nepotism Statement, Appendix F – Non-Collusi. Review the full document from City of Galveston for the complete list.
Can small businesses or minority-owned firms bid on this RFP?
Most government agencies, including City of Galveston 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.
What is the scope of this project?
This solicitation defines a specific project scope. The scope covers the following locations: Galveston, TX. Review the full solicitation for detailed scope requirements.
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