SLED Opportunity · CALIFORNIA · EL DORADO PROCUREMENTS AND CONTRACTS DIVISION
AI Summary
El Dorado County seeks proposals from qualified commercial banks to provide comprehensive operational banking services for the Treasurer – Tax Collector Department, including deposit, reconciliation, and disbursement services, with a preference for local branches and a five-year contract term.
County is soliciting sealed proposals from highly qualified and experienced commercial banking institutions (hereinafter referred to as “Proposer”) to provide banking services and to implement business processes and practices that best serve operational banking needs of County at the most reasonable cost, as required for the Treasurer – Tax Collector Department. There are currently one hundred eighteen (118) different depositors, of which twenty-five (25) are located in South Lake Tahoe and a majority located in the Placerville area.The Treasurer – Tax Collector Department processes one hundred percent (100%) of the pool investment transactions and approximately ninety-eight percent (98%) of the depository and reconciliation services. The Office of the Auditor-Controller processes approximately ninety-eight percent (98%) of the County’s disbursements.County prefers the bank have established offices in El Dorado County, specifically in Placerville, Cameron Park, and El Dorado Hills, as well as a banking center, alternative depository source, or same day courier service in South Lake Tahoe. Proposers should be prepared to provide accommodations for check cashing and same-day deposit (or cover additional costs to the County) if no branch exists within the County service area.This Request for Proposal (RFP) may result in a single award or multiple awards. If an award is made, it is the County’s intent to award an agreement for a five (5) year term, unless terminated earlier or otherwise amended. It is the County’s intent to maintain all of its operational banking services with one (1) banking institution, and, as such, all proposals must include services for all bank accounts. The County reserves the right to add or reduce the number of accounts required to meet its banking objectives. Included herein is a description of the evaluation and selection processes, Scope of Work, and proposal requirements. Pre-Bid Meeting Information: No Online Q&A: Yes Location Information: Department: Procurement and Contracts Division Address: 330 Fair LanePlacerville, California95667 County: El Dorado
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.
SamSearch Platform
AI-powered intelligence for the right opportunities, the right leads, and the right time.