Massport #RFP 26-76

Somerville Solicits Municipal Banking and ATM Maintenance Services

The City of Somerville, Massachusetts is seeking proposals for comprehensive municipal banking services and ATM maintenance at four city buildings. - Government Buyer: - City of Somerville, Procurement & Contracting Services Department, City Hall, 93 Highland Avenue - Scope of Services: - Full-service municipal banking, including: - Account management and maintenance - Wire transfers and ACH processing (collections and disbursements) - Lockbox services - Armored car pick-up - Online banking - Stop payments and check imaging - Credit card payment processing - Maintenance and operation of four ATMs at specified city locations - Notable Requirements: - Vendor must comply with Massachusetts banking laws - ATMs must be maintained at designated city addresses - Vendor may be required to have Massachusetts headquarters and FDIC membership - Proposals must include detailed financial and management qualifications - Supplier diversity documentation is required - No specific OEMs or vendors are named in the solicitation - Contract term is three years, with possible optional renewal years at the City's discretion

Description

This solicitation is for banking services and ATM maintenance for city buildings in Somerville, Massachusetts. The contract includes comprehensive municipal banking, ATM maintenance, and financial processing services. The successful bidder may need to have a Massachusetts banking headquarters, FDIC membership, municipal banking experience, and the capability to maintain four ATMs at city locations. Proposals must be submitted in sealed packages with separate envelopes for price and technical proposals, and include all required forms and documents.

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