City of Houston BeaconBid #RFQ-2026-0005

City of Houston seeks financial institutions for CDARS Program Relationship Bank Services

The City of Houston Controller's Office is seeking qualified financial institutions to provide Certificate of Deposit Account Registry Service (CDARS) Program Relationship Bank Services. - Government Buyer: - City of Houston, Controller's Office - OEMs and Vendors: - No specific OEMs or vendors named; open to all qualified financial institutions - Products/Services Requested: - CDARS Program Relationship Bank Services - Facilitate placement and management of City deposits through the CDARS network - No part numbers or quantities specified - Unique or Notable Requirements: - Electronic submission of responses via BeaconBid - Completion of anti-collusion statements, ownership information, conflict of interest questionnaires, and WSBE forms - Contracts may be awarded to one or more banks - Contract duration is open-ended, terminable by either party with thirty days' written notice - Classification: - NIGP codes: 94625 (Banking Services), 94656 (Investment Management Services)

Description

The City of Houston is seeking qualifications from qualified financial institutions to provide Certificate of Deposit Account Registry Service (CDARS) Program Relationship Bank Services for the City Controller's Office. The selected bank(s) will facilitate the placement and management of City deposits through the CDARS network. The City may award contracts to one or more qualified banks. The resulting contract(s) will remain in effect until terminated by either party upon thirty (30) days' written notice.

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