Banking Services Request for Proposal
Closed State & local contract opportunity Posted
- Solicitation number
- 11116
- State
- Wisconsin
- Responses due
Opportunity facts
- Jurisdiction
- NIGP codes
- UNSPSC codes
- 84101602 Bi lateral or multi lateral aid
- 84121602 Letter of credit services
- 84121605 Currency conversion service
- 93151701 Currencies or coinage
- 93151608 Government or central bank services
- 72151801 Banking machine installation and maintenance
- 64151500 Representative money or currency
- 84101603 Non governmental aid
- 84121601 Funds clearance services
- 84121603 Currency exchange services
Show all 35
- 84121604 Spot exchange transaction services
- 93151702 National bank notes
- 81112601 Banking ATM and kiosk depot repair service
- 84121500 Banking institutions
- 93151700 Currency
- 64151501 National banknotes
- 64151503 Coins or coinage
- 84101601 Co financing
- 84121606 Remittance processing services
- 84121607 Operating lease finance service
- 93141901 Agricultural commercial banking services
- 64150000 Monetary instruments or currency
- 84120000 Banking and investment
- 84111700 Corporate finance
- 84121600 Funds transfer and clearance and exchange services
- 84122000 Cash vault services
- 64151502 Commercial banknotes
- 64151504 Local currency
- 64151505 Digital currency
- 84101604 Government aid
- 84121501 Privately owned banks
- 84121502 Publicly owned banks
- 84121503 Credit unions
- 84121504 Development finance institutions
- 84122001 Deposit verification services
- Point of contact
-
- Ruth Otto rotto@co.dodge.wi.us (920) 386-3200
Opportunity details come from vendornet.wi.gov. Updated .
About this opportunity
Dodge County, Wisconsin is seeking proposals for comprehensive banking services through a Request for Proposal (RFP) published on August 9, 2017. The county requires a full suite of financial services including sweep accounts, deposit processing, account reconciliation, wire transfers, ACH services, online banking, positive pay, and collateralization of deposits, with optional services such as lockbox and payment card services. Proposing financial institutions must be qualified public depositories under Wisconsin State Statutes, maintain FDIC or NCUSIF insurance, exceed minimum regulatory capital requirements, and fully collateralize deposits exceeding insurance limits. The evaluation criteria include strength and stability (20 points), comprehensiveness of service (20 points), assigned relationship manager credentials (20 points), charges for services (20 points), service enhancements (10 points), public sector experience (5 points), and references (5 points). Key procurement dates include a vendor questions deadline of August 28, 2017 at 1:00 PM Central Time, final addendum publication on September 1, 2017, and proposal submission deadline of September 5, 2017 at 4:30 PM Central Time. Optional vendor interviews are scheduled for September 18-22, 2017, with Finance Committee approval targeted for October 10, 2017.
The RFP does not specify any set-aside designations or restrictions on respondent organizations, suggesting the procurement is open to all qualified financial institutions. The current banking relationship is with Landmark Credit Union, though the county is actively seeking alternative providers to evaluate available services and optimize financial management. The county maintains multiple checking accounts with a total average collected balance of $1,500,000, with the main account representing $1,000,000 of that total. The initial contract term is five years with an option to renew for an additional three years, and the county requires 60 days written notice for termination. While specific budget ranges are not explicitly stated, the county's detailed pricing attachment and multiple bank statements indicate significant transaction volumes and financial activity. Proposers must submit six hard copies and one electronic version of their proposals, with pricing proposals required to remain firm for 180 days following the submission deadline.
Opportunity text
The County of Dodge is seeking proposals for banking services.
Please see attached documents for County requirements and proposal submission formatting.
ADDENDUM 1 - Editable versions of RFP and Attachment A (Pricing) and Attachment B (References) now attached - POSTED 8/11/2017 9:00am
ADDENDUM 2 - Answer to question regarding Lockbox - POSTED 8-21-17 8:30am
ADDENDUM 3 - Answers to additional questions asked and current sample statements - POSTED 8-23-17 8:30am
ADDENDUM 4 - Answer to question asked regarding duplicate context in RFP document - POSTED 8-24-17 3:50pm
ADDENDUM 5 - Answer to questions regarding collected balance average and investment funds - POSTED 8-28-17 3:30pm
All questions and inquiries regarding this RFP must be submitted by
August 28th at 1pm CDT in writing via e-mail to:
County Treasurer, Patti Hilker
philker@co.dodge.wi.us
The RFP schedule outlined in the RFP document is listed below:
Request for Proposals Published -- August 9, 2017
Deadline for Questions From Vendors -- August 28, 2017 at 1:00 PM Central
Final Addendum for Questions Published -- September 1, 2017 at 4:30 PM Central
Deadline for Proposal Submissions -- September 5, 2017 at 4:30 PM Central
Vendor Interviews (at our option) -- September 18 to 22, 2017
Finance Committee Approval -- October 10, 2017
Any addendums will be posted to this listing as well as the Dodge County website posting at:
http://www.co.dodge.wi.gov/Home/Components/RFP/RFP/6/384
Files
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