Banking Services
Open State & local contract opportunity Posted
- Solicitation number
- 2140053
- State
- New York
- Responses due
Opportunity facts
- Jurisdiction
- Points of contact
-
- Deborah Marcus deborah.marcus@stonybrook.edu (631) 632-6286
- Jessica Ridge jessica.ridge@stonybrook.edu (631) 632-2121
Updated .
About this opportunity
State University of New York at Stony Brook is requesting proposals for a comprehensive banking services partnership with proposals due December 8, 2026. Eligible respondents must be banks, national banks, or trust companies chartered in New York under NYS Banking Laws. There are no set-aside or preference goals for Service-Disabled Veteran-Owned Businesses, Minority/Women Business Enterprises, or Disadvantaged Business Enterprises.
The scope encompasses cash flow management, banking operations, and customer service for SUNY at Stony Brook, the Stony Brook Foundation, and the Faculty Student Association. The University seeks proposals that maximize resources, improve current cash management practices, and introduce technological initiatives to enhance banking and customer service capabilities. Proposals must comply with procurement specification 26/27-006MC and associated exhibits.
The incumbent contractor is JP Morgan Chase NA under Contract C002729. Interested vendors must register on the SUNY web-based procurement platform powered by Jaggaer at https://bids.sciquest.com/apps/Router/PublicEvent?CustomerOrg=SUNY to access complete bid documents. Suppliers with existing Jaggaer Supplier Network Accounts must create a separate SUNY Customer Portal account. Technical support is available through JAGGAER Customer Support at 1-800-233-1121. Any business awarded an identical or substantially similar banking services contract within the past five years will be noted for evaluation purposes.
Opportunity text
State University of New York at Stony Brook, its Stony Brook Foundation and Faculty Student Association (which shall be referred to collectively as "University" unless specifically identified otherwise) is seeking a banking services partnership in order to maximize University resources and fulfill a regional need. We are asking banks to submit a comprehensive proposal offering the highest quality of service and enhancements to improve our current management of cash flow. We are also interested in various technological initiatives that could improve our banking, cash management, and customer service capabilities. The banking institution submitting the proposal must be a bank, national bank or trust company chartered in New York as per NYS Banking Laws as further described herein. Proposals must be in accordance with SUNY at Stony Brook 26/27-006MC and attached exhibits. In order to access the bid documents, you will need to register your company on our web-based solution powered by Jaggaer: https://bids.sciquest.com/apps/Router/PublicEvent?CustomerOrg=SUNY Business enterprises awarded an identical or substantially similar procurement contract within the past five years: C002729 JP Morgan Chase NA Service-Disabled Veteran-Owned Business (SDVOB) SDVOB Goal: 0.00% Minority / Women Business Enterprise contracting goals (MWBE) MBE Goal: 0.00% WBE Goal: 0.00% Disadvantaged Business Enterprise contracting goals (DBE) DBE Goal: 0.00%
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