Laredo College Primary Bank Depository Services RFP 2026
Laredo CollegeHigher Ed · Laredo, TX- Due
- Feb 26, 2026
- Deadline passed
- Posted
- Jan 20, 2026
- Contract term
- 8 years
- Primary contact
- Miguel Rangel
- (956) 721-5111
The 30-second brief
Laredo College is soliciting proposals from qualified financial institutions to provide primary depository services. The RFP outlines the scope of services, submission requirements, evaluation criteria, and contract terms.
Proposal, Required attachments, Fee schedule, PDF of proposal on USB, Excel Bank Service Fee Schedule on USB
Ability of proposer to perform and provide services, references, cost of services, transition cost, interest rates, earnings credit rate, previous service relationship, convenience of location, completeness of proposal, financial strength and stability
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Summary
Laredo College is soliciting proposals from qualified financial institutions to provide primary depository services. The RFP outlines the scope of services, submission requirements, evaluation criteria, and contract terms.
EVALUATION CRITERIA
10- Ability of proposer to perform and provide services
- References
- Cost of services
- Transition cost
- Interest rates
- Earnings credit rate
- Previous service relationship
- Convenience of location
- Completeness of proposal
- Financial strength and stability
REQUIRED DELIVERABLES
5- Proposal
- Required attachments
- Fee schedule
- PDF of proposal on USB
- Excel Bank Service Fee Schedule on USB
REQUIRED ATTACHMENTS
4- Fee Schedule
- Response Attachments
- FIRREA compliant resolution of certification
- Sample of proposed contract
- Scope location
- Laredo, Texas
Questions about this RFP
How do I respond to this RFP from Laredo College?
Review the full solicitation document for submission requirements, evaluation criteria, and deadlines. The submission deadline is February 26, 2026. The solicitation specifies required deliverables that must be addressed in your response. Be sure to include all required attachments as outlined in the solicitation. For questions, contact Miguel Rangel.
Can small businesses or minority-owned firms bid on this RFP?
Most government agencies, including Laredo College 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 Miguel Rangel at (956) 721-5111. Questions and answers are typically shared with all prospective bidders.
What are the key deliverables?
The solicitation specifies the following deliverables: Proposal, Required attachments, Fee schedule, PDF of proposal on USB, Excel Bank Service Fee Schedule on USB. 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: "Ability of proposer to perform and provide services, references, cost of services, transition cost, interest rates, earnings credit rate, previous service relationship, convenience of location, comple..." Vendors should carefully align their proposals with each criterion to maximize their score.
Where can I find more RFPs from Laredo College?
All active and historical solicitations from Laredo College are tracked and searchable. As a higher ed agency, Laredo College 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 8 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: Fee Schedule, Response Attachments, FIRREA compliant resolution of certification, Sample of proposed contract. Review the full document from Laredo College for the complete list.
What is the scope of this project?
This solicitation defines a specific project scope. The scope covers the following locations: Laredo, Texas. Review the full solicitation for detailed scope requirements.