City of Waller RFP for Depository Contract - 2026
City of Waller cityCity · Waller, TX- Due
- Nov 4, 2026
- 8 days left
- Posted
- Oct 20, 2026
- Contract term
- 3 years
- Primary contact
- Cynthia Ward
The 30-second brief
The City of Waller, Texas seeks proposals for a bank Depository Contract to minimize banking costs, improve operational efficiency, and maximize investment capabilities. Required services include master consolidation account reporting, sweep options, direct deposit of payroll, wire transfers, stop payments, balance reporting, and account reconciliation. The estimated total monthly average balance is $56,419,637.05 across multiple accounts including operating, credit card, debt service, and MMKT funds. Proposals are due by November 4, 2026, at 2:00 p.m. at the office of the City Secretary, 1218 Farr Street, Waller, Texas, 77484. Questions must be submitted in writing by October 26, 2026. Evaluation criteria include branch access, cash/coin services, night depository, access to dedicated government-banking personnel, financial strength, and interest rates.
Branch access, cash/coin services, night depository, access to dedicated government-banking personnel, financial strength and ability, agreement to points outlined, interest rates paid on time deposits, cost and spectrum of banking services, convenience to the City
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Summary
The City of Waller, Texas seeks proposals for a bank Depository Contract to minimize banking costs, improve operational efficiency, and maximize investment capabilities.
Required services include master consolidation account reporting, sweep options, direct deposit of payroll, wire transfers, stop payments, balance reporting, and account reconciliation. The estimated total monthly average balance is $56,419,637.05 across multiple accounts including operating, credit card, debt service, and MMKT funds. Proposals are due by November 4, 2026, at 2:00 p.m. at the office of the City Secretary, 1218 Farr Street, Waller, Texas, 77484. Questions must be submitted in writing by October 26, 2026. Evaluation criteria include branch access, cash/coin services, night depository, access to dedicated government-banking personnel, financial strength, and interest rates.
EVALUATION CRITERIA
9- Branch access
- Cash/coin services
- Night depository
- Access to dedicated government-banking personnel
- Financial strength and ability
- Agreement to points outlined
- Interest rates paid on time deposits
- Cost and spectrum of banking services
- Convenience to the City
REQUIRED ATTACHMENTS
7- Audited financial statements
- Current call report
- Texas governmental/public-funds client references
- Sample account analysis format
- Conflict of Interest Questionnaire Form CIQ
- State of Texas HB 89 Israel Verification
- State of Texas HB 19 Firearm Verification
- Submit to
- 1218 Farr Street, Waller, Texas 77484
- Duration
- 42 months
- Scope location
- Waller, TX
- Reported agency
- City of Waller
Questions about this RFP
How do I respond to this RFP from City of Waller city?
Review the full solicitation document for submission requirements, evaluation criteria, and deadlines. The submission deadline is November 4, 2026. Be sure to include all required attachments as outlined in the solicitation. Submissions should be delivered to: 1218 Farr Street, Waller, Texas 77484. For questions, contact Cynthia Ward.
Can small businesses or minority-owned firms bid on this RFP?
Most government agencies, including City of Waller 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 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 Cynthia Ward. Questions and answers are typically shared with all prospective bidders.
Show 6 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: "Branch access, cash/coin services, night depository, access to dedicated government-banking personnel, financial strength and ability, agreement to points outlined, interest rates paid on time deposit..." Vendors should carefully align their proposals with each criterion to maximize their score.
Where can I find more RFPs from City of Waller city?
All active and historical solicitations from City of Waller city are tracked and searchable. As a city agency, City of Waller 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 3 years. Contract terms may include renewal options.
Is this solicitation still open for submissions?
Based on the posted deadline of November 4, 2026, this solicitation appears to still be accepting submissions. Deadlines may change through amendments or addenda, so always verify the current status directly with the issuing agency before preparing your response.
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: audited financial statements, current call report, Texas governmental/public-funds client references, sample account analysis format, Conflict of Interest Questionnaire Form CIQ, State of Texas HB 89. Review the full document from City of Waller 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: Waller, TX. Review the full solicitation for detailed scope requirements.