Framingham Public Schools Civicplus #9124

City of Framingham Solicits Lockbox Banking Services from Qualified Banks

The City of Framingham is seeking proposals from qualified banking institutions to provide Lockbox Banking Services for its municipal financial operations. - Government Buyer: - City of Framingham (local government, Middlesex County, MA) - Products/Services Requested: - Lockbox Banking Services - Provision and management of lockbox banking solutions for municipal financial operations - Must comply with all Massachusetts General Laws related to municipal banking - Vendors/OEMs: - No specific OEMs or vendors are named; open to qualified banking institutions - Unique/Notable Requirements: - Demonstrable experience in municipal banking required - Strict compliance with Massachusetts municipal banking laws - Proposals must be submitted electronically via the City's Bidnet Direct portal; no mail, email, or hand delivery accepted

Description

The City of Framingham is seeking proposals for Lock Box Services from qualified banking institutions with demonstrable experience in the municipal area. All banking institutions submitting a proposal must be familiar with and able to comply with all Massachusetts General Laws pertaining to municipal banking relations. Proposals must be submitted electronically through the City's Bidnet Direct portal by June 25, 2026, at 10:00 AM. The City reserves the right to reject any and all submissions, waive minor informalities, or cancel the bid if in the public interest.

View original listing