SLED Opportunity · TEXAS · CITY OF DENTON
AI Summary
The City of Denton requests proposals for bank depository services including optional lockbox services. Submissions must be via IONWAVE or hard copy. The awarded firm should provide innovative, cost-effective municipal financial solutions. Award expected by September 2026.
The City highly recommends that respondents do not wait until minutes before the due date and time to submit proposal. The submittal process may take significant time. Submissions accepted via IONWAVE or hard copy ONLY (no emails). Questions must be submitted by the deadline via IONWAVE only (no emails/no phone calls) The City of Denton (the City) is requesting submissions to contract with an individual or business with considerable experience in providing goods or services of this solicitation. The responses and the cost solutions shall be submitted to the City of Denton in a sealed submission. The awarded individual or business shall possess a proven track record of using innovative approaches to providing goods and services that represent the best value to their clients. The awarded individual or business shall have the ability to accomplish all aspects of the requested services. The selected individual or firm should be able to provide innovative methods to deal with municipal challenges, and cost effective solutions. A firm may submit a solicitation response for one or more of the categories of product or services requested in this solicitation. It is the intent of the entity to consider interlocal cooperative agreements and state/federal contracts in determining the best value for the entity. --- Q&A --- Q1: Does the City utilize investment pools? If so, would you provide an average balance per pool. A1: Yes the City utilizes two LGIPs. One maintains $100M and the other averages $60M balance. Submitted: 4/22/2026 02:21:12 PM (CT) Q2: Can you provide the number of scanners currently utilized? Are scanners owned by the City or leased? Please provide scanner model. A2: The City is currently operating one scanner.: FORMULA CR-190i II Submitted: 4/22/2026 02:18:09 PM (CT) Q3: When is the award date for this project? A3: We are hoping to be assigned to a council agenda in September. This may change due to contract negotiations. Submitted: 4/22/2026 02:17:40 PM (CT) Q4: Will the City be providing a Red Flag Rules, and Fair & Accurate Credit Transactions (FACT) Act acknowledgment form? A4: The required documents to support the Red Flag Rules and FACT will be included in the contract and agreement phase of next steps for the awarded bid. Submitted: 4/20/2026 11:36:39 AM (CT) Q5: If we’re responding to Part 1 (Bank Depository Services), should we also respond to Part 2 (Optional Utility Lockbox) and Part 3 (Optional EMS Lockbox)? A5: Bank Depository includes parts 1-3. Parts 2 and 3 offer a company the opportunity to bid only on the lockbox services Submitted: 4/17/2026 01:40:19 PM (CT)
SLED stands for State, Local, and Education. These are solicitations issued by state governments, counties, cities, school districts, utilities, and higher education institutions — as opposed to federal agencies.
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