Rockingham County Banking Services RFP 2024
Rockingham CountyCounty · Harrisonburg, VA- Posted
- Feb 16, 2024
- Contract term
- 3 years
- Primary contact
- Trish Davidson
- (540) 564-3010
The 30-second brief
Rockingham County is seeking proposals from financial institutions to provide all necessary banking services. This includes deposit handling, electronic fund transfers, ACH payments, wire transfers, account reconciliation, lockbox services, check imaging, positive pay services, and change/currency order services.
Banking services as detailed in the RFP, Including account reconciliation, Electronic fund transfers, ACH payments, Wire transfers, Lockbox services, Check imaging, Positive pay, And change/currency orders.
Proven banking service capability, Comparable experience in governmental banking activities, Understanding scope of work, Cost of service, References, Bank Location, Overall completeness and quality of proposal.
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Summary
Rockingham County is seeking proposals from financial institutions to provide all necessary banking services.
This includes deposit handling, electronic fund transfers, ACH payments, wire transfers, account reconciliation, lockbox services, check imaging, positive pay services, and change/currency order services.
EVALUATION CRITERIA
7- Proven banking service capability
- Comparable experience in governmental banking activities
- Understanding scope of work
- Cost of service
- References
- Bank Location
- Overall completeness and quality of proposal
REQUIRED DELIVERABLES
9- Banking services as detailed in the RFP
- Including account reconciliation
- Electronic fund transfers
- ACH payments
- Wire transfers
- Lockbox services
- Check imaging
- Positive pay
- Change/currency orders
REQUIRED ATTACHMENTS
6- Cover Letter
- Company History
- Written Narrative
- Confirmation of Compliance with Purpose and Scope of Work
- Complete 10.0 Pricing Sheet and 11.0 Questionnaire
- Signature Sheet
- Scope location
- Harrisonburg, Virginia
Questions about this RFP
How do I respond to this RFP from Rockingham County?
Review the full solicitation document for submission requirements, evaluation criteria, and deadlines. 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 Trish Davidson.
Can small businesses or minority-owned firms bid on this RFP?
Most government agencies, including Rockingham County in VA, 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 Trish Davidson at (540) 564-3010. Questions and answers are typically shared with all prospective bidders.
What are the key deliverables?
The solicitation specifies the following deliverables: Banking services as detailed in the RFP, Including account reconciliation, Electronic fund transfers, ACH payments, Wire transfers, Lockbox services, Check imaging, Positive pay, And change/currency orders.. 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: "Proven banking service capability, Comparable experience in governmental banking activities, Understanding scope of work, Cost of service, References, Bank Location, Overall completeness and quality o..." Vendors should carefully align their proposals with each criterion to maximize their score.
Where can I find more RFPs from Rockingham County?
All active and historical solicitations from Rockingham County are tracked and searchable. As a county agency, Rockingham County 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.
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: Cover Letter, Company History, Written Narrative, Confirmation of Compliance with Purpose and Scope of Work, Complete 10.0 Pricing Sheet and 11.0 Questionnaire, Signature Sheet.. Review the full document from Rockingham County for the complete list.
What is the scope of this project?
This solicitation defines a specific project scope. The scope covers the following locations: Harrisonburg, Virginia. Review the full solicitation for detailed scope requirements.