Exhibit_E_Instructions-_Required_Supplemental_Documents_to_Exhibit_A.pdf

Exhibit E is a supplemental documentation requirements list for the City of Pittsburgh's Depository Services RFP #2024-RFP-261, which seeks qualified financial institutions to serve as city depositories from January 1, 2026 through December 31, 2028. Proposals must include comprehensive banking services such as fully collateralized certificates of deposit, wire transfers, lockbox services, account analysis, and treasury management systems. The proposal response deadline is October 6, 2025 at 2:00 pm, with submissions required through the city's e-Procurement Portal. There are no renewal options for this three-year contract term.

All proposing financial institutions must submit three required supplemental documents with their proposals: a Sworn Statement of Financial Condition, Certification of membership in the appropriate Federal Insurance Agency, and proof of membership in either the Federal Reserve Pool Agreement or the Federal Home Loan Bank. Proposing institutions must maintain a capital and surplus of at least $1 million, with active and inactive deposits limited to 40% of the institution's capital. Financial institutions must have a Satisfactory or better Community Reinvestment Act (CRA) rating, with preference given to those with an Outstanding rating. The City of Pittsburgh is actively encouraging participation from small and intermediate small banks and requires submittal of a comprehensive Community Reinvestment Plan addressing initiatives for low to moderate income residents and minority-owned businesses. The evaluation criteria assess firm qualifications (15%), project team qualifications (15%), project approach (30%), cost proposal (30%), and MWDBE/VOSB good faith effort (10%).