Addenda_3_Proposal_Due_Date_Distribution.pdf

This is an addendum to a Request for Proposals (RFP) issued by Umpqua Community College (UCC) in Roseburg, Oregon, for comprehensive banking services. Addendum No. 3, issued on February 6, 2026, extends the proposal submission deadline to Thursday, February 19, 2026, at 2:00 PM Pacific Time and expands distribution of the RFP to additional prospective proposers. The original RFP, issued January 15, 2026, solicits full-service financial institution services including depository, disbursement, cash management, fraud prevention, electronic payment, and merchant card processing. All prospective proposers are subject to the same evaluation criteria and terms outlined in the original RFP, with the initial contract term structured for at least five years with one optional two-year extension and a Board recommendation scheduled for March 11, 2026. Proposers must acknowledge receipt of this addendum in their proposal submissions.

The original RFP requires proposers to submit two recent annual financial reports, provide at least three client references preferably from public-sector entities, and complete detailed pricing schedules. Evaluation occurs in two steps, with Step 1 proposals scored across mandatory requirements (25%), technology and operational efficiency (20%), cash management and internal controls (15%), service and support (15%), and pricing (15%), while Step 2 interviews and demonstrations may contribute up to 15% of the final evaluation score. Mandatory certifications include proof of FDIC insurance, public depository qualification, collateralization capabilities, and compliance with Oregon statutes and regulations, particularly Oregon Revised Statute 295 for collateralization of public funds. The RFP does not identify an incumbent vendor or explicitly mention set-aside designations for disadvantaged enterprises. Electronic proposals must not exceed 20 pages, excluding required forms and financial statements, and should be submitted to uccbids.contracts@umpqua.edu. No specific budget range is detailed in the documentation.