ADDENDUM 2 - RFP 102-358 - Banking Services.pdf

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Attached to
Banking Services State and local contract opportunity
Solicitation number
102-102-358
Issued by
Sampson County, Sea Breeze CDP, North Carolina

About this file

This document is Addendum 2 for Request for Proposal (RFP) 102-358 issued by Isothermal Community College, pertaining to banking services. The addendum, dated May 9, 2025, provides clarifications to potential bidders regarding the banking services solicitation. Key dates include a question deadline of May 8, 2025, response to questions on May 9, 2025, and proposal submission deadline of May 21, 2025. The addendum addresses two specific inquiries from potential bidders: one regarding the acceptability of alternative documentation to SOC reports for compliance and security measures, and another concerning vendor registration requirements for financial institutions.

The addendum indicates flexibility in the procurement process, with responses confirming that alternative documentation to SOC reports would be acceptable and that being a registered vendor is not a requirement for contract award. This suggests Isothermal Community College is seeking to accommodate potential banking service providers and streamline the proposal submission process. The document maintains the original RFP's focus on securing comprehensive banking services, with an approach that prioritizes institutional needs while remaining open to varied documentation and institutional backgrounds of potential banking partners.

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RFP 102-358 - Banking Services - FINAL.pdf PDF
ADDENDUM 1 - RFP 102-358 - Banking Services.pdf PDF

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ADDENDUM 2

RFP 102-358 – Banking Services

May 9, 2025

Solicitation # 102-358 Description Banking Services Date Issued April 22, 2025

Question Deadline May 8, 2025 Response to Questions May 9, 2025

Submit Proposal By May 21, 2025

Questions submitted and responses listed as follows:

1. While we do not use SOC reports, we can provide alternative documentation to certify our compliance and security measures upon request. Will the alternative documentation be acceptable?

Response: Even though a SOC is preferred, we believe an alternative would be acceptable.

2. As we are a financial institution, we would not normally register as a vendor. Is this indeed required to be awarded a contract?

Response: No, being a registered vendor is not a requirement to be awarded the contract for banking services.

Procurement/Equipment Coordinator

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