State University of New York SCIQuest #26/27-006MC

SUNY Stony Brook Banking and Cash-Management Services

SUNY Stony Brook is seeking a banking partner to support the University and its affiliated organizations. - Government buyer: State University of New York (SUNY), through SUNY at Stony Brook / Stony Brook University; participating entities include Stony Brook Foundation and Faculty Student Association/Auxiliary Services Association. - Banking partner eligibility: Proposals must come from a bank, national bank, or trust company chartered in New York. No specific OEMs, banks, or other vendors are named. - Services requested: Cash management and cash-flow support; deposit and check processing; lockbox and related payment processing; electronic banking; reporting and reconciliation; customer service; and other banking services and technology enhancements. - Additional requirements: Address accessibility practices and financial stability, and share relevant current issues with university customers. Invoice each participating entity separately and provide pricing for both direct-fee and compensating-balance payment methods. - Evaluation: Best-value selection, with technical requirements weighted at 75% and cost at 25%. - Products and quantities: No physical products, part numbers, or service quantities are specified.

Description

SUNY at Stony Brook is seeking a banking services partnership for the University, Stony Brook Foundation, and Faculty Student Association. The selected bank will provide banking and cash-management services, including service and technology enhancements to improve cash-flow management, banking, and customer service. Proposals must be submitted by a bank, national bank, or trust company chartered in New York, and must address the RFP requirements and attachments. The anticipated contract term is five years.

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