City of Hannibal - City Depository Banking Services RFP 2026
City of HannibalCity · Hannibal, MO- Due
- Oct 9, 2026
- Deadline passed
- Contract term
- 2 years
- Primary contact
- Mcogdal
The 30-second brief
The City of Hannibal, MO is issuing a Request for Proposals for City Depository Banking Services to provide banking, depository, and various financial services for two years beginning December 1, 2026, with the option to renew for three one-year consecutive terms. The scope includes general banking, wire transfers for state and federal grants like Federal Revenue Sharing and Community Development Grants, online banking, U.S. Government securities investments, business procurement credit cards with no annual fee, and employee direct deposit payroll services with free checking. Sealed proposals must be received by the Office of City Clerk by October 9, 2026, at 2:00 p.m. Evaluation criteria include completeness, financial institution capacity, net cost, financial position on BankRate.com, account executive availability, key personnel, and location of banking facilities.
Completeness of the proposal, Capacity to perform the contract, Net cost to the City, Current financial position, Ability to provide an Account Executive, A list of key personnel, Location of banking facilities
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Summary
The City of Hannibal, MO is issuing a Request for Proposals for City Depository Banking Services to provide banking, depository, and various financial services for two years beginning December 1, 2026, with the option to renew for three one-year consecutive terms.
The scope includes general banking, wire transfers for state and federal grants like Federal Revenue Sharing and Community Development Grants, online banking, U.S. Government securities investments, business procurement credit cards with no annual fee, and employee direct deposit payroll services with free checking. Sealed proposals must be received by the Office of City Clerk by October 9, 2026, at 2:00 p.m. Evaluation criteria include completeness, financial institution capacity, net cost, financial position on BankRate.com, account executive availability, key personnel, and location of banking facilities.
EVALUATION CRITERIA
7- Completeness of the proposal
- Capacity to perform the contract
- Net cost to the City
- Current financial position
- Ability to provide an Account Executive
- A list of key personnel
- Location of banking facilities
REQUIRED ATTACHMENTS
City of Hannibal Merchant's License
- Submit to
- Office of City Clerk, 320 Broadway, Hannibal, MO 63401
- Duration
- 60 months
- Scope location
- Hannibal, MO
Questions about this RFP
How do I respond to this RFP from City of Hannibal?
Review the full solicitation document for submission requirements, evaluation criteria, and deadlines. The submission deadline is October 9, 2026. Be sure to include all required attachments as outlined in the solicitation. Submissions should be delivered to: Office of City Clerk, 320 Broadway, Hannibal, MO 63401. For questions, contact Mcogdal.
Can small businesses or minority-owned firms bid on this RFP?
Most government agencies, including City of Hannibal 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 Mcogdal. Questions and answers are typically shared with all prospective bidders.
Show 5 more questions
What are the evaluation criteria for this solicitation?
This solicitation includes specific evaluation criteria that will be used to score proposals. The criteria include: "Completeness of the proposal, Capacity to perform the contract, Net cost to the City, Current financial position, Ability to provide an Account Executive, A list of key personnel, Location of banking..." Vendors should carefully align their proposals with each criterion to maximize their score.
Where can I find more RFPs from City of Hannibal?
All active and historical solicitations from City of Hannibal are tracked and searchable. As a city agency, City of Hannibal 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 2 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: City of Hannibal Merchant's License. Review the full document from City of Hannibal for the complete list.
What is the scope of this project?
This solicitation defines a specific project scope. The scope covers the following locations: Hannibal, MO. Review the full solicitation for detailed scope requirements.