Non-Competitive_Oversight_Committee_Justification_Form.docx

This is a Non-Competitive Oversight Committee Justification Form related to RFP 26-0180 for Banking Services involving the Pinellas County Board of County Commissioners and the Pinellas County Clerk of the Circuit Court and Comptroller in Florida. The RFP seeks comprehensive banking services from a qualified banking institution capable of providing innovative, technologically advanced solutions with high-quality service at competitive costs. The selected proposer must execute two separate Master Banking Services Agreements to serve both entities independently and concurrently. Proposals must address four key evaluation categories: Team/Firm Qualifications and Financial Strength (250 points), Scope of Services (250 points), User Experience and Transition Methodology (250 points), and Information Technology, Fraud Protection, and Security (150 points), plus proposed fees (100 points). Questions are due by January 21, 2026, at 10:00 a.m., and final proposals are due by February 19, 2026, at 3:00 p.m., submitted electronically through the OpenGov procurement portal. The contract term is 120 months with potential for two additional 24-month renewal extensions.

Mandatory qualifications include Federal Reserve System membership, Qualified Public Depository status with capacity to hold balances exceeding $350 million, and maintenance of at least five full-service branches throughout Pinellas County. Proposers must demonstrate expertise serving Florida local governments with populations exceeding 300,000 and provide current credit ratings from Moody's, S&P, and Fitch. Extensive insurance requirements are mandated, including $1 million general liability, $100 million cyber liability, $100 million professional liability, and $100 million crime/fidelity coverage. Proposers must complete affidavits certifying they are not owned or controlled by designated Foreign Countries of Concern, including China, Russia, Iran, North Korea, Cuba, Venezuela, and Syria. The Non-Competitive Oversight Committee Justification Form requires approval from designated committee members (Merry Celeste, Don Crowell, Chris Rose, and Department ACA) and indicates this procurement may pursue a non-competitive award based on specific justifications and prior vendor utilization.