Town of Irmo Banking Services RFP 2026
Town of IrmoCity · Irmo, SC- Due
- May 22, 2026
- Deadline passed
- Posted
- Apr 13, 2026
- Contract term
- 3 years
- Primary contact
- Lisa Hancock
The 30-second brief
The Town of Irmo is soliciting proposals from qualified financial institutions to provide comprehensive banking services. The scope of work includes administering the Town's general banking, deposit, and custody operations, covering services such as information reporting, reconciliation, electronic fund transfers (ACH/Wire), positive pay with payee name, controlled disbursement, returned items processing, image capture, and bank-issued credit cards. The Town currently manages 5 bank accounts, all required to be interest-bearing, with approximately 150 deposited checks and 150 issued checks monthly. Proposers must be chartered in South Carolina and maintain a full-service branch within seven miles of Irmo Town Hall. Proposals are due by 4:00 PM on May 22, 2026. A notice of intent to respond is requested by April 24, 2026.
Form I (Qualifications and Experience), Form II (Key Proposed Personnel and Team), Form III (Subcontractors), Form V (Employee Banking), Cost Proposal
Responsiveness, Scope of services/automation, Experience with public/non-profit entities, Professional experience/qualifications of staff, Financial strength/controls, Cost proposal
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Summary
The Town of Irmo is soliciting proposals from qualified financial institutions to provide comprehensive banking services.
The scope of work includes administering the Town's general banking, deposit, and custody operations, covering services such as information reporting, reconciliation, electronic fund transfers (ACH/Wire), positive pay with payee name, controlled disbursement, returned items processing, image capture, and bank-issued credit cards. The Town currently manages 5 bank accounts, all required to be interest-bearing, with approximately 150 deposited checks and 150 issued checks monthly. Proposers must be chartered in South Carolina and maintain a full-service branch within seven miles of Irmo Town Hall. Proposals are due by 4:00 PM on May 22, 2026. A notice of intent to respond is requested by April 24, 2026.
EVALUATION CRITERIA
6- Responsiveness
- Scope of services/automation
- Experience with public/non-profit entities
- Professional experience/qualifications of staff
- Financial strength/controls
- Cost proposal
REQUIRED DELIVERABLES
5- Form I (Qualifications and Experience)
- Form II (Key Proposed Personnel and Team)
- Form III (Subcontractors)
- Form V (Employee Banking)
- Cost Proposal
REQUIRED ATTACHMENTS
4- Audited financial statements
- FDIC call report
- Community Reinvestment Act (CRA) rating
- Positive pay record layout schematic
REQUIRED STAFFING
Relationship Manager
- Submit to
- 7300 Woodrow Street, Irmo, SC 29063
- Duration
- 84 months
- Scope location
- Irmo, SC
Questions about this RFP
How do I respond to this RFP from Town of Irmo?
Review the full solicitation document for submission requirements, evaluation criteria, and deadlines. The submission deadline is May 22, 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. Submissions should be delivered to: 7300 Woodrow Street, Irmo, SC 29063. For questions, contact Lisa Hancock.
Can small businesses or minority-owned firms bid on this RFP?
Most government agencies, including Town of Irmo in SC, 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 Lisa Hancock. Questions and answers are typically shared with all prospective bidders.
What staffing is required for this project?
This solicitation outlines specific staffing requirements. The required roles include: Relationship Manager. Proposers should demonstrate relevant qualifications and experience for each required role.
What are the key deliverables?
The solicitation specifies the following deliverables: Form I (Qualifications and Experience), Form II (Key Proposed Personnel and Team), Form III (Subcontractors), Form V (Employee Banking), Cost Proposal. 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: "Responsiveness, Scope of services/automation, Experience with public/non-profit entities, Professional experience/qualifications of staff, Financial strength/controls, Cost proposal" Vendors should carefully align their proposals with each criterion to maximize their score.
Where can I find more RFPs from Town of Irmo?
All active and historical solicitations from Town of Irmo are tracked and searchable. As a city agency, Town of Irmo 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: Audited financial statements, FDIC call report, Community Reinvestment Act (CRA) rating, Positive pay record layout schematic. Additionally, proposals should address staffing requirements as outlined in the solicitation. Review the full document from Town of Irmo for the complete list.
What is the scope of this project?
This solicitation defines a specific project scope. The scope covers the following locations: Irmo, SC. Review the full solicitation for detailed scope requirements.