Fiscal agent

The St. Tammany Parish Sheriff's Office is seeking proposals for a Fiscal Agent contract to manage public funds and monetary accounts from July 1, 2025, to June 30, 2029, with a potential four-year contract extension. The procurement is specifically targeting banking institutions domiciled in St. Tammany Parish with branches in Covington and Slidell. Proposing banks must provide comprehensive banking services including online capabilities for wire transfers, book transfers, Positive Pay, ACH services, and remote deposits across multiple account types such as general fund, jail, sales tax, property tax, and specialized accounts. Proposals are due by 10:00 a.m. on April 14, 2025, and must be submitted to the STPSO Purchasing Department at 300 Brownswitch Rd., Slidell, LA 70458, with specific submission requirements of one original, five printed copies, and one USB drive. The evaluation will be conducted on a 100-point scale, considering service comprehensiveness, related experience, bank stability, assigned personnel, conversion plan, service enhancements, interest rates, and other relevant factors.

The RFP does not explicitly indicate specific set-aside designations or restrictions for disadvantaged enterprises. While no incumbent vendor is mentioned, the contract requires the selected financial institution to be organized under federal and state laws with a strong local presence. The procurement appears open to qualified banking institutions that can demonstrate robust financial capabilities and comprehensive banking services. No specific budget range or award value is explicitly stated in the available documentation. The primary goal is to select a fiscal agent that can provide high-quality services at the lowest cost to taxpayers while offering convenient and comprehensive banking capabilities for the St. Tammany Parish Sheriff's Office.