Town of Akron Banking and Financial Services RFP 2026
- Due
- Feb 17, 2026
- Deadline passed
- Posted
- Jan 26, 2026
- Contract term
- 1 year
- Primary contact
- Dencia Raish
- (970) 307-7506
The 30-second brief
The Town of Akron is soliciting proposals from qualified financial institutions to provide comprehensive banking and financial services for municipal operations. The RFP outlines scope of services, security and compliance requirements, institutional qualifications, proposal submission details, evaluation criteria, and standard terms.
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 soliciting proposals from qualified financial institutions to provide comprehensive banking and financial services for municipal operations.
The RFP outlines scope of services, security and compliance requirements, institutional qualifications, proposal submission details, evaluation criteria, and standard terms.
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 17, 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.
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: "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 is the contract term for this solicitation?
The anticipated contract term is 1 year. 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. Review the full document from Town of Akron for the complete list.