Dewey Beach Delaware Services Portal

Bid: Banking Services

Bid details: Banking Services

ID: BANK2023

Title: Banking Services

Bid Start Date : Dec. 1, 2023, 2 p.m.

BidEnd Date: Feb. 1, 2024, 5 p.m.

Status: Closed

Active: True

Publication Info: News Journal; Cape Gazette

Description:

AMENDED JANUARY 8, 2023 AT 5:40PM TO EXTEND CLOSING DATE TO FEBRUARY 1, 2024.

NOTICE IS HEREBY GIVEN that request for proposals from qualified financial banks for the provision of banking services will be received by the Town of Dewey Beach. Full submission instructions and bid packet are available at townofdeweybeach.com. Proposals will be accepted until 5:00 PM EST, February 1, 2024.

Qualifications:

SERVICES REQUESTED

The Town has been very happy with its current banking relationship; however, it has been years since the Town performed a full assessment to ensure financial needs are being met to the best advantage of the Town and its residents. The Town of Dewey Beach is looking for a bank that can handle all banking, as well as some possible financial investment needs. Currently the Town maintains eleven bank accounts, seven of which are within a sweep arrangement. Applicants should be capable of providing the following:

Special Requirements:

SUBMISSION REQUIREMENTS

  1. General overview and brief history of your organization, including parent and/or subsidiary companies and number of employees.
  2. Description of the experience of the firm in providing similar services for government entities.
  3. Completed bid packet.
  4. All aforementioned items shall be submitted through the bid portal at townofdeweybeach.com.

Misc. Info:

REVIEW & APPROVAL

Proposals will be evaluated and results will be made public after completion of the negotiation process with the selected bank. The Town reserves the right to reject any or all proposals and to waive any informalities or irregularities in any proposal or in the proposal process. During the evaluation process, the Town reserves the right to request additional information or clarifications from proposers, or to allow corrections of errors or omissions. Applicants may be requested to make an oral presentation to a selection committee as part of the final evaluation process. The Town reserves the right to retain all proposals submitted and to use any ideas in a proposal regardless of whether that proposal is selected. Submission of a proposal indicates acceptance by the applicant of the conditions contained in this request for proposals, unless clearly and specifically noted in the proposal submitted and confirmed in the contract between the Town and the bank selected.

Contact Person:

Bill Zolper, Town Manager

Categories:

Bid Documents