County of Galveston Economic Development Granicus #RFP 26-21

City of Galveston Banking Depository Services RFP

The City of Galveston is seeking proposals for a comprehensive Banking Depository Services contract to manage its treasury operations. - Government Buyer: - City of Galveston, Department of Finance, Purchasing Division - Scope of Services: - Comprehensive banking depository services including: - Deposit receiving and item payments - Wire transfers and ACH processing - Electronic cash management and online transaction access - Lockbox services, positive pay, overdraft processing, and vault services - Account reconciliation and collateral management - Contract Details: - Initial term of three years - Two optional one-year renewal periods - Contract may be extended up to 90 days if re-proposing is ongoing - Notable Requirements: - Compliance with Texas laws and City policies - Electronic proposal submission via online portal (file size limit: 250 MB per document) - Encouragement of participation from Disadvantaged Business Enterprises (DBE), including veteran, women, and minority-owned businesses - City reserves the right to award multiple agreements if deemed in its best interest - No specific OEMs or vendors are named in the solicitation - Extensive pricing schedules required for various banking services - Strict adherence to Texas Public Information Act requirements

Description

The City of Galveston is soliciting sealed proposals for a contract to provide Banking Depository Services. Proposals must be submitted electronically via the Purchasing Division online portal by 10:00 a.m. CST on October 23, 2026. The contract term is three years with two optional one-year renewals. The City encourages participation from Disadvantaged Business Enterprise vendors, including veteran, women, and minority-owned businesses.

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