Opportunity

CanadaBuys #BC228478

City of Vancouver Banking Services Contract with Bank of Montreal

Posted

April 24, 2026

Respond By

May 08, 2026

Identifier

BC228478

NAICS

522110

This opportunity involves the City of Vancouver's intent to contract for banking services. - Government Buyer: - City of Vancouver (administering procurement via its electronic Supplier Portal) - OEMs and Vendors: - Bank of Montreal (sole referenced vendor and service provider) - Products/Services Requested: - Comprehensive banking services for the City of Vancouver - No specific products or part numbers are listed, as this is a service contract - Contract Details: - Five-year base term starting in 2027 - Options to renew for two additional five-year terms (up to fifteen years total) - Estimated contract value: $2,000,000 over the maximum term - Notable Requirements: - Procurement managed through the City's Supplier Portal - Interested parties may request information or ask questions prior to closing - No alternative vendors or products are mentioned; Bank of Montreal is the only named provider

Description

The City of Vancouver intends to contract with the Bank of Montreal for banking services. The contract term is five years starting January 1, 2027, with options to renew for two additional five-year terms, totaling up to fifteen years. The estimated contract value is approximately $2,000,000 over the maximum potential term. Interested parties can request more information or ask questions via the City's Supplier Portal before the closing date.

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