Banking Depository Services

San Jacinto Community College District (SJCCD), located in Harris County, Texas, is soliciting proposals for comprehensive banking depository services through Request for Proposals (RFP) #25-09. The procurement seeks a qualified financial institution to provide an extensive range of banking services, including multiple checking accounts, a money market investment account, safekeeping services, and electronic fund transfer capabilities. Specific required services encompass account services, banking center services, vault services, depository services, disbursement services, wire transfers, and automated clearing house services. The RFP was issued on November 1, 2024, with proposals due on November 21, 2024, and anticipated award approval in January 2024. The proposed contract term is five (5) years with potential renewal options for two (2) additional one-year periods. Key objectives include establishing a robust banking relationship that provides comprehensive financial management solutions, with specific requirements for balance reporting, online access, collateral management, investment activities, and overdraft provisions.

The RFP indicates that SJCCD does not provide preferential treatment to historically underutilized businesses or small businesses during the contract award process. However, the awarded contractor will be required to report the amount paid to subcontractors and their respective supplier diversity classifications. No specific incumbent vendor information is provided in the documentation, and the RFP does not outline a predetermined budget range or award value. The solicitation appears open to any qualified financial institution capable of meeting the comprehensive banking service requirements outlined in the proposal. While no explicit set-aside designations are mentioned, the document suggests a competitive procurement process focused on obtaining the most comprehensive and cost-effective banking services for the community college district.