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REQUEST FOR PROPOSAL BANK DEPOSITORY SERVICES

City of Mercedes
Due
Sep 25, 2024
Deadline passed
Posted
Sep 11, 2024
Primary contact
Joselynn Castillo
956-565-3114
Deadline passedClosed Sep 25

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THE 30-SECOND BRIEF

What they're buying

The City of Mercedes is requesting sealed Requests for Proposals (RFP) from qualified individuals/firms to provide BANK DEPOSITORY SERVICES. Qualified applicants are invited to submit qualifications and proposals for the provision of these services.

How it's scored

banking services costs, responsiveness and ability to provide services required, earnings potential and funds availability, experience and continuity of bank and bank officials, creditworthiness of the bank

SUMMARY

The City of Mercedes is requesting sealed Requests for Proposals (RFP) from qualified individuals/firms to provide BANK DEPOSITORY SERVICES. Qualified applicants are invited to submit qualifications and proposals for the provision of these services.

EVALUATION CRITERIA

5
  • Banking services costs
  • Responsiveness and ability to provide services required
  • Earnings potential and funds availability
  • Experience and continuity of bank and bank officials
  • Creditworthiness of the bank

REQUIRED ATTACHMENTS

Attachment A: Schedule of Usage and Fee Proposal, Attachment B

Submit to
City of Mercedes, City Hall, 400 S. Ohio Ave., Mercedes, TX 78570

Questions about this RFP

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

Review the full solicitation document for submission requirements, evaluation criteria, and deadlines. The submission deadline is September 25, 2024. Be sure to include all required attachments as outlined in the solicitation. Submissions should be delivered to: City of Mercedes, City Hall, 400 S. Ohio Ave., Mercedes, TX 78570. For questions, contact Joselynn Castillo.

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

Most government agencies, including City of Mercedes 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 Joselynn Castillo at 956-565-3114. Questions and answers are typically shared with all prospective bidders.

Can I search RFPs like this in ChatGPT or Claude?

Yes. Civic IQ has an MCP server that connects ChatGPT, Claude and other AI assistants to live Civic IQ data: open RFPs, pre-RFP signals from public meetings, awarded contracts and agency decision-makers across 100,000+ US public agencies. Add https://beta.mcp.civiciq.com/mcp as a connector (in ChatGPT under Settings > Apps & Connectors, in Claude under Settings > Connectors) and sign in with a free Civic IQ account at civiciq.com/mcp.

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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: "banking services costs, responsiveness and ability to provide services required, earnings potential and funds availability, experience and continuity of bank and bank officials, creditworthiness of th..." Vendors should carefully align their proposals with each criterion to maximize their score.

Where can I find more RFPs from City of Mercedes?

All active and historical solicitations from City of Mercedes are tracked and searchable. As a city agency, City of Mercedes regularly publishes solicitations. Visit the agency profile to see current open bids, past contracts, vendor relationships, and decision-maker contacts.

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: Schedule of Usage and Fee Proposal, Attachment B. Review the full document from City of Mercedes for the complete list.

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