Delaware My Market Place #TRE26202-LOCBANKSATM

Delaware Solicitation for Local Banking and Statewide ATM Services

Delaware is seeking banking and statewide ATM services for state agencies and other eligible public entities. - Government buyer: State of Delaware Office of the State Treasurer (OST), on behalf of the Cash Management Policy Board; procurement office identified with Deputy State Treasurer Brennon A. Fountain. - Scope: Proposals may cover local banking, ATM services, or both. The State expects a primary, non-exclusive over-the-counter collection bank with branches in all three counties; it may make separate or multiple awards. - Local banking services: Branch deposits and coin/currency orders; check-writing and disbursement services; ACH and wire transfers; account access, reporting, reconciliation, check images, fraud controls, relationship management, and transition support. Cash-management requirements include earnings-credit or interest options, overnight sweeps, and collateralization of balances above FDIC-insured limits. The current account environment is approximately 251 accounts across M&T Bank (177), TD Bank (22), and Citizens Bank (52); these figures are informational and may change. - ATM services: Equipment provision, installation and relocation, transaction processing and connectivity, cash forecasting and replenishment, monitoring, security and fraud controls, maintenance and repairs, settlement, reporting, implementation, and transition support. Services are identified for five State facilities: Carvel State Building in Wilmington and DMV locations in Delaware City, New Castle, Dover, and Georgetown. Locations may change with State approval. - Named companies and references: J.P. Morgan is named for reporting feeds. M&T Bank, TD Bank, and Citizens Bank are identified in the current banking environment. Historical/reference materials also name JPM (an abbreviation for J.P. Morgan), Loomis, AccessOptima, and “Wilmington”; these references do not establish required providers. No OEM or ATM equipment manufacturer is specified. - Notable requirements: Statewide branch coverage for the primary OTC collection bank; detailed account reconciliation and reporting; fraud safeguards; collateralization and investment options for State funds; ATM accessibility, security, maintenance, cash management, and itemized pricing. No fixed ATM transaction volumes or equipment quantities are stated beyond service at five identified facilities. - Term: Five-year initial contract term, with two optional two-year extensions.

Description

The Delaware Office of the State Treasurer, on behalf of the Cash Management Policy Board, is requesting proposals from qualified financial institutions and service providers for local banking services, statewide ATM services, or both. Local banking services will support state agencies, local school districts, and other eligible state entities, while ATM services at designated state facilities may include equipment, transaction processing, cash management, monitoring, maintenance, reconciliation, reporting, and transition support. The State expects to select a primary over-the-counter collection bank with branches in all three counties, may make multiple awards, and may award the ATM and local banking categories separately. The proposed contract term is five years, with two optional two-year extensions.

View original listing