NIGP 96335: Fees, Bank

NIGP 96335 Fees, Bank is an Item code encompassing banking services procurement by state and local governments, including deposit and transaction account management, purchasing card services, merchant processing, and related banking advisory services. State and local governments under this code are soliciting comprehensive banking relationships that combine operational account management (ACH, wire transfers, lockbox, remote deposit capture, reconciliation), purchasing card programs serving dozens to hundreds of cardholders with annual spend ranging from low millions to eleven-plus million dollars, and fraud prevention capabilities such as positive pay and dual-factor authentication. Recent solicitations emphasize technology integration with enterprise resource planning systems, real-time cash position reporting, disaster recovery capabilities, and compliance with state collateralization and public depository requirements. Issuers include county governments, city procurement offices, county school districts, and higher-education institutions. Counties and school districts appear to be the most active tier—Volusia County, Pinellas County, and the School Board of Volusia County each issued separate solicitations within the past two months—followed by municipal and state procurement offices.

Banking services procurement is concentrated in Florida and Texas, with activity also present in Mississippi and Arkansas. Representative recent opportunities include Pinellas County's RFP 26-0180 for comprehensive banking services to the Board of County Commissioners and Clerk of Circuit Court (proposals due February 19, 2026, emphasizing Federal Reserve membership and $350 million-plus depository capacity across five branches), the State of Texas RFP 26-1400 for primary bank depository services (proposals due November 3, 2026, covering cash handling, ACH, wire transfers, and integrated payables/receivables), the School Board of Volusia County's ITN 2025-9055-EK for banking, purchasing card, and merchant services supporting 61,400 students with $11.5 million annual P-Card spend (proposals due February 5, 2026, requiring Focus School Systems ERP integration), the University of Southern Mississippi RFP 27-16 for depository and account services across three campuses with $63 million average monthly balances (sealed proposals due October 8, 2026, requiring Qualified State Depository status), Volusia County's RFP 25-P-131TF covering county and constitutional officers' accounts with approximately $139.88 million in annual county deposits (proposals due November 12, 2025), and the Town of Palm Beach's ITN for purchasing card services replacing Bank of Montreal (proposals due October 21, 2026). Insurance requirements across these solicitations consistently exceed $100 million for cyber liability, professional liability, and crime/fidelity coverage, with foreign ownership restrictions increasingly common.