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Schulenburg Independent School District Depository Services Bid 2023

Schulenburg Independent School District logoSchulenburg Independent School District
Due
May 19, 2023
Deadline passed
Posted
May 1, 2023
Contract term
2 years
Primary contact
Lynne Machac
(979) 743-3448

The 30-second brief

What they're buying

Schulenburg Independent School District is soliciting bids from banks to serve as a depository to assist with the banking functions for funds of the district. The contract term is for two years beginning September 1, 2023, and ending August 31, 2025.

How it's scored

Interest rate bid on time deposits, Charges for keeping district accounts, records, and reports and for furnishing checks, Ability of the bank to provide the necessary services and perform the duties as depository, Any other matter that, in the judgment of the board of trustees, would be in the best interest of the district

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Summary

Schulenburg Independent School District is soliciting bids from banks to serve as a depository to assist with the banking functions for funds of the district. The contract term is for two years beginning September 1, 2023, and ending August 31, 2025.

EVALUATION CRITERIA

Interest rate bid on time deposits, Charges for keeping district accounts, records, and reports and for furnishing checks, Ability of the bank to provide the necessary services and perform the duties as depository, Any other matter that, in the judgment of the board of trustees, would be in the best interest of the district

REQUIRED ATTACHMENTS

Fee schedule, Attachment A

Submit to
521 Shorthorn Drive, Schulenburg Tx 78956

Questions about this BID

How do I respond to this Bid from Schulenburg Independent School District?

Review the full solicitation document for submission requirements, evaluation criteria, and deadlines. The submission deadline is May 19, 2023. Be sure to include all required attachments as outlined in the solicitation. Submissions should be delivered to: 521 Shorthorn Drive, Schulenburg Tx 78956. For questions, contact Lynne Machac.

Can small businesses or minority-owned firms bid on this Bid?

Most government agencies, including Schulenburg Independent School District 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 Bid 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 Lynne Machac at (979) 743-3448. Questions and answers are typically shared with all prospective bidders.

Show 4 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: "Interest rate bid on time deposits, Charges for keeping district accounts, records, and reports and for furnishing checks, Ability of the bank to provide the necessary services and perform the duties..." Vendors should carefully align their proposals with each criterion to maximize their score.

Where can I find more RFPs from Schulenburg Independent School District?

All active and historical solicitations from Schulenburg Independent School District are tracked and searchable. As a school agency, Schulenburg Independent School District 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.

What documents are required to bid on this Bid?

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, Attachment A. Review the full document from Schulenburg Independent School District for the complete list.

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