On-site Banking Branch and ATM(s)
Closed State & local contract opportunity Posted
- Solicitation number
- 789-050102025
- State
- Texas
- Responses due
Opportunity facts
- Jurisdictions
- NIGP codes
- UNSPSC codes
- 64151500 Representative money or currency
- 84101603 Non governmental aid
- 84121601 Funds clearance services
- 84121603 Currency exchange services
- 84121604 Spot exchange transaction services
- 93151702 National bank notes
- 84000000 Financial and Insurance Services
- 84100000 Development finance
- 84121500 Banking institutions
- 93151700 Currency
Show all 36
- 64151503 Coins or coinage
- 64151501 National banknotes
- 84101601 Co financing
- 84121607 Operating lease finance service
- 84121606 Remittance processing services
- 93141901 Agricultural commercial banking services
- 84121609 Automated teller machine rental income
- 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
- 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
-
- Amberr Melo amelo@lit.edu (409) 839-2021
Opportunity details come from txsmartbuy.com. Updated .
About this opportunity
Lamar Institute of Technology (LIT), a member of the Texas State University System located in Beaumont, Texas, is seeking a qualified financial institution to install and operate an on-site banking branch and ATM(s) within the Cecil Beeson building. The Request for Proposal (RFP No. 789-05012025) solicits proposals for a five-year contract beginning September 1, 2025, covering approximately 812 square feet of first-floor space. Proposers must attend a mandatory pre-proposal conference on June 18, 2025, and submit final proposals by July 10, 2025, at 2:30 p.m. Central time. The evaluation criteria include six key areas: overall benefit to LIT students (30%), sufficiency of financial resources (20%), banking services offered (20%), commitment to financial literacy (20%), proposed rent (5%), and product pricing (5%). Proposers must be in good standing with the Texas State Comptroller, insured through FDIC or NCUA, authorized to conduct business in Texas, and capable of demonstrating the ability to meet LIT's comprehensive banking service requirements.
The contract does not specify specific set-aside designations for disadvantaged enterprises. Proposers must comply with various state regulations, including non-discrimination policies, background check requirements, and statutes related to boycotts and foreign entities. While no incumbent vendor is mentioned, the selected contractor will be responsible for providing comprehensive banking services, maintaining the leased space, and installing and managing ATMs. The monthly lease amount and specific service fees will be negotiated, with LIT seeking a banking partner that can provide value-added services such as financial literacy workshops, student-focused banking products, and potential scholarship opportunities. The contract will require a performance bond and must adhere to LIT's insurance and operational requirements. Although a specific budget range is not explicitly stated, the contract includes provisions for a five-year term with potential for financial negotiations and value-added services tailored to student needs.
Files
| File | Type | Posted |
|---|---|---|
| ESBD_425688_1749155288640_APPENDIX ONE.MasterLeaseAgreement.DRAFT TEMPLATE.docx | DOCX document | |
| ESBD_425688_1749155206618_RFP 789-05012025 LIT Banking Branch.pdf |
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