Housing Opportunities Commission of Montgomery County - Banking Services RFP - 2027-RFP-034 (2026)
- Due
- Dec 17, 2026
- 61 days left
- Posted
- Sep 25, 2026
- Contract term
- 2 years
- Primary contact
- Timothy Goetzinger
- (301) 674-1139
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THE 30-SECOND BRIEF
The Housing Opportunities Commission of Montgomery County (HOC) is seeking proposals from qualified banking institutions for its comprehensive credit and transactional banking requirements under solicitation 2027-RFP-034. The scope encompasses a total credit facility of $210 million—divided into a $150 million Real Estate Line of Credit and a $60 million working capital line of credit—along with transactional banking services supporting 318 accounts across more than 70 property development sites in Silver Spring, Maryland. Key operational requirements include zero-balance accounts (ZBAs), automated sweeping, lockbox arrangements, positive pay, ACH, wire transfers, financial inclusion solutions such as low-cost bank accounts or reloadable benefit cards, and full collateralization. Proposals are due by December 17, 2026, with a pre-proposal conference scheduled for October 6, 2026, and a question deadline of November 10, 2026. Responding banks must meet rigorous statutory and financial criteria, including FDIC membership, NACHA compliance, CRA compliance, and substantial insurance and bonding limits.
Depository Services including services to HOC clients (20), Disbursement Services (15), Lines of credit, structure, flexibility and pricing (25), Electronic banking services (20), Number of branch locations or partner branch locations in Montgomery County (5), Minority/Female/Disabled Business Enterprise Participation (5), Pricing for transactional services (10)
SUMMARY
The Housing Opportunities Commission of Montgomery County (HOC) is seeking proposals from qualified banking institutions for its comprehensive credit and transactional banking requirements under solicitation 2027-RFP-034.
The scope encompasses a total credit facility of $210 million—divided into a $150 million Real Estate Line of Credit and a $60 million working capital line of credit—along with transactional banking services supporting 318 accounts across more than 70 property development sites in Silver Spring, Maryland. Key operational requirements include zero-balance accounts (ZBAs), automated sweeping, lockbox arrangements, positive pay, ACH, wire transfers, financial inclusion solutions such as low-cost bank accounts or reloadable benefit cards, and full collateralization. Proposals are due by December 17, 2026, with a pre-proposal conference scheduled for October 6, 2026, and a question deadline of November 10, 2026. Responding banks must meet rigorous statutory and financial criteria, including FDIC membership, NACHA compliance, CRA compliance, and substantial insurance and bonding limits.
EVALUATION CRITERIA
Depository Services including services to HOC clients (20), Disbursement Services (15), Lines of credit, structure, flexibility and pricing (25), Electronic banking services (20), Number of branch locations or partner branch locations in Montgomery County (5), Minority/Female/Disabled Business Enterprise Participation (5), Pricing for transactional services (10)
REQUIRED ATTACHMENTS
4- Equal Employment Opportunity report (EEO-4)
- HOC Contractor and Subcontractor Background Screening Certification form
- HOC Works Opportunities Plan
- Certificate of Insurance
- Submit to
- https://procurement.opengov.com/portal/hocmc
- Duration
- 36 months
- Scope location
- Silver Spring, MD
- Reported agency
- Housing Opportunities Commission of Montgomery County
Questions about this RFP
How do I respond to this RFP from Housing Opprty Com Of Montgomery Co?
Review the full solicitation document for submission requirements, evaluation criteria, and deadlines. The submission deadline is December 17, 2026. Be sure to include all required attachments as outlined in the solicitation. Submissions should be delivered to: https://procurement.opengov.com/portal/hocmc. For questions, contact Timothy Goetzinger.
Can small businesses or minority-owned firms bid on this RFP?
Most government agencies, including Housing Opprty Com Of Montgomery Co in MD, 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 Timothy Goetzinger at (301) 674-1139. 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: "Depository Services including services to HOC clients (20), Disbursement Services (15), Lines of credit, structure, flexibility and pricing (25), Electronic banking services (20), Number of branch loc..." Vendors should carefully align their proposals with each criterion to maximize their score.
Where can I find more RFPs from Housing Opprty Com Of Montgomery Co?
All active and historical solicitations from Housing Opprty Com Of Montgomery Co are tracked and searchable. As a local housing authority agency, Housing Opprty Com Of Montgomery Co 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.
Is this solicitation still open for submissions?
Based on the posted deadline of December 17, 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: Equal Employment Opportunity report (EEO-4), HOC Contractor and Subcontractor Background Screening Certification form, HOC Works Opportunities Plan, Certificate of Insurance. Review the full document from Housing Opprty Com Of Montgomery Co for the complete list.
What is the scope of this project?
This solicitation defines a specific project scope. The scope covers the following locations: Silver Spring, MD. Review the full solicitation for detailed scope requirements.