Town of Akron Banking and Financial Services RFP
Town of AkronCity · Akron, CO- Due
- Feb 10, 2026
- Deadline passed
- Primary contact
- Dencia Raish
- 970-307-7506
The 30-second brief
The Town of Akron is seeking proposals from qualified financial institutions for comprehensive banking and financial services. Services include account management, cash management, payroll, accounts payable, fraud monitoring, and investment services. Proposals will be evaluated on multiple criteria including service quality, security, fees, and experience.
Quality and range of services, Strength of fraud prevention, monitoring, alerting, and response capabilities, Security, stability, and PDPA compliance, Technology, reporting, and ease of use, Fees, pricing transparency, and overall value, Experience with public entities and quality of references
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Summary
The Town of Akron is seeking proposals from qualified financial institutions for comprehensive banking and financial services.
Services include account management, cash management, payroll, accounts payable, fraud monitoring, and investment services. Proposals will be evaluated on multiple criteria including service quality, security, fees, and experience.
EVALUATION CRITERIA
15- Quality and range of services
- Strength of fraud prevention
- Monitoring
- Alerting
- Response capabilities
- Security
- Stability
- PDPA compliance
- Technology
- Reporting
- Ease of use
- Fees
- Pricing transparency
- Overall value
- Experience with public entities and quality of references
Questions about this RFP
How do I respond to this RFP from Town of Akron?
Review the full solicitation document for submission requirements, evaluation criteria, and deadlines. The submission deadline is February 10, 2026. For questions, contact Dencia Raish.
Can small businesses or minority-owned firms bid on this RFP?
Most government agencies, including Town of Akron in CO, 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 Dencia Raish at 970-307-7506. Questions and answers are typically shared with all prospective bidders.
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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: "Quality and range of services, Strength of fraud prevention, monitoring, alerting, and response capabilities, Security, stability, and PDPA compliance, Technology, reporting, and ease of use, Fees, pr..." Vendors should carefully align their proposals with each criterion to maximize their score.
Where can I find more RFPs from Town of Akron?
All active and historical solicitations from Town of Akron are tracked and searchable. As a city agency, Town of Akron regularly publishes solicitations. Visit the agency profile to see current open bids, past contracts, vendor relationships, and decision-maker contacts.
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. Review the full document from Town of Akron for the complete list.