City of Seabrook Depository Banking Services RFA 2023-16
City of Seabrook cityCity · Seabrook, TX- Due
- Jul 6, 2023
- Deadline passed
- Posted
- Jun 8, 2023
- Contract term
- 5 years
- Primary contact
- Gerald Pierce
The 30-second brief
The City of Seabrook is soliciting applications from FDIC-insured financial institutions within the State of Texas to provide Depository Banking Services. The procurement aims to minimize banking costs, improve operational efficiency, and maximize investment capabilities. The scope includes cash management, ACH payments, paper check processing, and credit card processing (currently utilizing Tyler Technologies ERP 9.0 and Elavon). The contract term is for five years, beginning October 1, 2023, and extending through September 30, 2028. Applications are due by July 6, 2023, at 2:00 p.m. CST, and can be submitted as hard copies to Seabrook City Hall or electronically via Public Purchase. The City intends to select one institution to provide as many services as practicable.
Depository banking services, Cash management, ACH, Credit card processing
Capacity to meet requirements, individual evaluation of service categories
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Summary
The City of Seabrook is soliciting applications from FDIC-insured financial institutions within the State of Texas to provide Depository Banking Services.
The procurement aims to minimize banking costs, improve operational efficiency, and maximize investment capabilities. The scope includes cash management, ACH payments, paper check processing, and credit card processing (currently utilizing Tyler Technologies ERP 9.0 and Elavon). The contract term is for five years, beginning October 1, 2023, and extending through September 30, 2028. Applications are due by July 6, 2023, at 2:00 p.m. CST, and can be submitted as hard copies to Seabrook City Hall or electronically via Public Purchase. The City intends to select one institution to provide as many services as practicable.
EVALUATION CRITERIA
Capacity to meet requirements, individual evaluation of service categories
REQUIRED DELIVERABLES
4- Depository banking services
- Cash management
- ACH
- Credit card processing
REQUIRED ATTACHMENTS
Attachment A (Excel)
- Submit to
- Purchasing Coordinator | 1700 1st Street, Seabrook, Texas 77586
- Scope location
- Seabrook, Texas
- Reported agency
- City of Seabrook
Questions about this RFQ
How do I respond to this RFQ from City of Seabrook city?
Review the full solicitation document for submission requirements, evaluation criteria, and deadlines. The submission deadline is July 6, 2023. The solicitation specifies required deliverables that must be addressed in your response. Be sure to include all required attachments as outlined in the solicitation. Submissions should be delivered to: Purchasing Coordinator | 1700 1st Street, Seabrook, Texas 77586. For questions, contact Gerald Pierce.
Can small businesses or minority-owned firms bid on this RFQ?
Most government agencies, including City of Seabrook city 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 RFQ 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 Gerald Pierce. Questions and answers are typically shared with all prospective bidders.
What are the key deliverables?
The solicitation specifies the following deliverables: Depository banking services, Cash management, ACH, Credit card processing. Proposals should clearly address how each deliverable will be met.
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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: "Capacity to meet requirements, individual evaluation of service categories" Vendors should carefully align their proposals with each criterion to maximize their score.
Where can I find more RFPs from City of Seabrook city?
All active and historical solicitations from City of Seabrook city are tracked and searchable. As a city agency, City of Seabrook city 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 RFQ?
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 (Excel). Review the full document from City of Seabrook city for the complete list.
What is the scope of this project?
This solicitation defines a specific project scope. The scope covers the following locations: Seabrook, Texas. Review the full solicitation for detailed scope requirements.