University of Arkansas at Little Rock - General Banking Services - RFP FB-27-003 (2026)
University Of Arkansas At Little RockHigher Ed · Little Rock, AR- Due
- Nov 3, 2026
- 6 days left
- Posted
- Oct 6, 2026
- Contract term
- 4 years
- Primary contact
- Tierra Hutley
- (501) 916-3144
The 30-second brief
The University of Arkansas at Little Rock is seeking comprehensive banking services divided into six service groups: general banking and depository services, merchant card processing, lockbox processing, payroll card processing, prepaid loadable cards, and investment banking services. The selected financial institution will support institutional operations, Workday ERP integration, approximately $115 million in merchant processing, lockbox collections, and cash management for Little Rock, AR. Proposals are due by November 3, 2026, at 1:00 PM CST, with a non-mandatory bidders conference scheduled for October 13, 2026. The initial contract term is for four years with options to renew for up to three additional one-year terms.
Service Group 1: General Banking and Depository Services; Service Group 2: Merchant Card Processing; Service Group 3: Lockbox Processing; Service Group 4: Payroll Card Processing; Service Group 5: Prepaid Loadable Cards; Service Group 6: Investment Services
Experience, Solution, Risk, Interview
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Summary
The University of Arkansas at Little Rock is seeking comprehensive banking services divided into six service groups: general banking and depository services, merchant card processing, lockbox processing, payroll card processing, prepaid loadable cards, and investment banking services.
The selected financial institution will support institutional operations, Workday ERP integration, approximately $115 million in merchant processing, lockbox collections, and cash management for Little Rock, AR. Proposals are due by November 3, 2026, at 1:00 PM CST, with a non-mandatory bidders conference scheduled for October 13, 2026. The initial contract term is for four years with options to renew for up to three additional one-year terms.
EVALUATION CRITERIA
4- Experience
- Solution
- Risk
- Interview
REQUIRED DELIVERABLES
6- Service Group 1: General Banking and Depository Services
- Service Group 2: Merchant Card Processing
- Service Group 3: Lockbox Processing
- Service Group 4: Payroll Card Processing
- Service Group 5: Prepaid Loadable Cards
- Service Group 6: Investment Services
REQUIRED ATTACHMENTS
5- Original signed Proposal Signature Page
- Original signed Proposed Subcontractors Form
- Response to Information for Evaluation section
- Recommended Options Form
- Financial Proposal Packet
- Submit to
- University of Arkansas at Little Rock, Office of Procurement, Dickinson Hall, Suite 313, 2801 South University, Little Rock, AR 72204
- Duration
- 84 months
- Scope location
- Little Rock, AR
- Reported agency
- University of Arkansas at Little Rock
Questions about this RFP
How do I respond to this RFP from University Of Arkansas At Little Rock?
Review the full solicitation document for submission requirements, evaluation criteria, and deadlines. The submission deadline is November 3, 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: University of Arkansas at Little Rock, Office of Procurement, Dickinson Hall, Suite 313, 2801 South University, Little Rock, AR 72204. For questions, contact Tierra Hutley.
Can small businesses or minority-owned firms bid on this RFP?
Most government agencies, including University Of Arkansas At Little Rock in AR, 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 Tierra Hutley at (501) 916-3144. Questions and answers are typically shared with all prospective bidders.
What are the key deliverables?
The solicitation specifies the following deliverables: Service Group 1: General Banking and Depository Services; Service Group 2: Merchant Card Processing; Service Group 3: Lockbox Processing; Service Group 4: Payroll Card Processing; Service Group 5: Prepaid Loadable Cards; Service Group 6: Investment Services. 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: "Experience, Solution, Risk, Interview" Vendors should carefully align their proposals with each criterion to maximize their score.
Where can I find more RFPs from University Of Arkansas At Little Rock?
All active and historical solicitations from University Of Arkansas At Little Rock are tracked and searchable. As a higher ed agency, University Of Arkansas At Little Rock 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 4 years. Contract terms may include renewal options.
Is this solicitation still open for submissions?
Based on the posted deadline of November 3, 2026, this solicitation appears to still be accepting submissions. Deadlines may change through amendments or addenda, so always verify the current status directly with the issuing agency before preparing your response.
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: Original signed Proposal Signature Page, Original signed Proposed Subcontractors Form, Response to Information for Evaluation section, Recommended Options Form, Financial Proposal Packet. Review the full document from University Of Arkansas At Little Rock for the complete list.
What is the scope of this project?
This solicitation defines a specific project scope. The scope covers the following locations: Little Rock, AR. Review the full solicitation for detailed scope requirements.