City of Poteet - Banking Services Depository RFP - 2026
City of PoteetCity · Poteet, TX- Due
- Jul 30, 2026
- Deadline passed
- Contract term
- 5 years
- Primary contact
- Abigayle R. Frautschi
- (830) 742-3574
The 30-second brief
The City of Poteet seeks proposals from qualified financial institutions for a Depository Bank to provide comprehensive banking services including receiving deposits, paying items, electronic wire transfer, stop payments, and investment activities. Operating accounts total approximately $1,300,000 across General Fund, Utility Fund, General Debt Service, and Capital Improvement Fund accounts. The contract term is 5 years. Submission deadline is July 30, 2026. Evaluation criteria include ability to perform services, agreement to RFP points, cost, financial condition, interest rates on excess funds, safekeeping agreements, and report quality.
Ability to perform the requested services, Agreement to points outlined in this RFP, Cost of banking services, Financial condition of the institution, Interest rates on excess funds and investments, Safekeeping agreements accepted, Quality of all reports requested
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Summary
The City of Poteet seeks proposals from qualified financial institutions for a Depository Bank to provide comprehensive banking services including receiving deposits, paying items, electronic wire transfer, stop payments, and investment activities.
Operating accounts total approximately $1,300,000 across General Fund, Utility Fund, General Debt Service, and Capital Improvement Fund accounts. The contract term is 5 years. Submission deadline is July 30, 2026. Evaluation criteria include ability to perform services, agreement to RFP points, cost, financial condition, interest rates on excess funds, safekeeping agreements, and report quality.
EVALUATION CRITERIA
7- Ability to perform the requested services
- Agreement to points outlined in this RFP
- Cost of banking services
- Financial condition of the institution
- Interest rates on excess funds and investments
- Safekeeping agreements accepted
- Quality of all reports requested
REQUIRED ATTACHMENTS
3- Last annual financial statement
- Last two quarterly FDIC call reports
- Completed RFP document
- Submit to
- City of Poteet, City Secretary, P.O. Box 378, Poteet, Texas 78065
- Scope location
- Poteet, TX
Questions about this RFP
How do I respond to this RFP from City of Poteet?
Review the full solicitation document for submission requirements, evaluation criteria, and deadlines. The submission deadline is July 30, 2026. Be sure to include all required attachments as outlined in the solicitation. Submissions should be delivered to: City of Poteet, City Secretary, P.O. Box 378, Poteet, Texas 78065. For questions, contact Abigayle R. Frautschi.
Can small businesses or minority-owned firms bid on this RFP?
Most government agencies, including City of Poteet 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 Abigayle R. Frautschi at (830) 742-3574. Questions and answers are typically shared with all prospective bidders.
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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: "Ability to perform the requested services, Agreement to points outlined in this RFP, Cost of banking services, Financial condition of the institution, Interest rates on excess funds and investments, S..." Vendors should carefully align their proposals with each criterion to maximize their score.
Where can I find more RFPs from City of Poteet?
All active and historical solicitations from City of Poteet are tracked and searchable. As a city agency, City of Poteet 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: last annual financial statement, last two quarterly FDIC call reports, completed RFP document. Review the full document from City of Poteet for the complete list.
What is the scope of this project?
This solicitation defines a specific project scope. The scope covers the following locations: Poteet, TX. Review the full solicitation for detailed scope requirements.