RFPCLOSED

City of Grandview Banking Services RFP

City of Grandview, City of Grandview, MO·City

Submission deadline passed — December 6, 2024

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Nov 06, 2024
Posted Date
Dec 06, 2024
Submission Deadline
Primary Contact
Holly Borst · (816) 316-4840
Contract Term
3 years
Duration
24 months
Scope Location
Within or near the City of Grandview (within 15 miles)
Submission Address
1200 Main Street, Grandview MO 64030

SUMMARY

The City of Grandview is seeking proposals from full-service banking institutions for primary banking depository services. The contract term is an initial three years with two potential one-year renewals. Proposals must be submitted by December 6th, 2024.

EVALUATION CRITERIA

Quality depository for public funds, scope of proposed services, costs of service charges, financial strength and stability, value of new products/services, breadth of services, quality of services and cost control approach.

REQUIRED ATTACHMENTS

Attachment A – Services Provided and Associated Costs, Attachment B – Certification of Proposal, Attachment C – Interest Rates for Idle Funds, Attachment D – Requirements for Banking Services

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Frequently asked questions

Common questions about this solicitation, answered from the record.

How do I respond to this RFP from City of Grandview?

Review the full solicitation document for submission requirements, evaluation criteria, and deadlines. The submission deadline is December 6, 2024. Be sure to include all required attachments as outlined in the solicitation. Submissions should be delivered to: 1200 Main Street, Grandview MO 64030. For questions, contact Holly Borst.

What are the evaluation criteria for this solicitation?

This solicitation includes specific evaluation criteria that will be used to score proposals. The criteria include: "Quality depository for public funds, scope of proposed services, costs of service charges, financial strength and stability, value of new products/services, breadth of services, quality of services an..." Vendors should carefully align their proposals with each criterion to maximize their score.

Where can I find more RFPs from City of Grandview?

All active and historical solicitations from City of Grandview are tracked and searchable. As a city agency, City of Grandview 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.

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 – Services Provided and Associated Costs, Attachment B – Certification of Proposal, Attachment C – Interest Rates for Idle Funds, Attachment D – Requirements for Banking Services. Review the full document from City of Grandview for the complete list.

Can small businesses or minority-owned firms bid on this RFP?

Most government agencies, including City of Grandview in MO, 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 Holly Borst at (816) 316-4840. 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: Within or near the City of Grandview (within 15 miles). Review the full solicitation for detailed scope requirements.

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