GovBidAlerts
← My Opportunities
closed🌐 palo-alto-caRFP 189279

BANKING, LOCKBOX, MERCHANT, INVESTMENT SAFEKEEPING (CUSTODIAL), AND RELATED SERVICES

palo-alto-ca / Administrative Services

Description

City of Palo Alto (City) requests proposals from commercial banks to provide the City with a full range of banking and related services as described below. The banking services must: (1) be efficient and cost effective; (2) maximize use of funds; and (3) utilize state of the art management information services/electronic data processing capabilities to ensure secure financial reporting, monitoring, reconciliation, transfer, and deposit of funds. A detailed scope of work is described below and in the attachments. The attachments contain banking and custodial annual volume activities based on the current service provider(s).

Details

Posted
Oct 12, 2023
Response deadline
Nov 17, 2023, 11:00 PM UTC
Status
closed
Buyer
palo-alto-ca
Department
Administrative Services
Jurisdiction
palo-alto-ca
Reference #
RFP 189279
Summary
<p style="margin: 0in; text-align: justify; line-height: normal; font-size: 11pt;"><span style="font-size: 12.0pt;">City of Palo Alto (City) requests proposals from commercial banks to provide the Cit
Is Paused
false
Template Title
Post Solicitation
Copy Count
2
Government Organization City
Palo Alto
Government Organization Name
City of Palo Alto
Government Organization State
CA
Government Organization Website
http://www.cityofpaloalto.org
Government Organization Zip Code
94301
Government Organization Address1
250 Hamilton Avenue
Government Organization Timezone
America/Los_Angeles
Government Organization Country Code
US
Government Organization Phone Country
1
Close Out Reason
Project canceled
Closed Substatus
canceled
Finding similar opportunities…

This listing is a summary from palo-alto-ca's open procurement data. We ingest every field the feed publishes; the full solicitation documents are on the source portal.

Raw record
{
  "id": 62858,
  "_slug": "palo-alto-ca",
  "title": "BANKING, LOCKBOX, MERCHANT, INVESTMENT SAFEKEEPING (CUSTODIAL), AND RELATED SERVICES",
  "status": "closed",
  "summary": "<p style=\"margin: 0in; text-align: justify; line-height: normal; font-size: 11pt;\"><span style=\"font-size: 12.0pt;\">City of Palo Alto (City) requests proposals from commercial banks to provide the City with a full range of banking and related services as described below. The banking services must: (1) be efficient and cost effective; (2) maximize use of funds; and (3) utilize state of the art management information services/electronic data processing capabilities to ensure secure financial reporting, monitoring, reconciliation, transfer, and deposit of funds. A detailed scope of work is described below and in the attachments. The attachments contain banking and custodial annual volume activities based on the current service provider(s).&nbsp;</span></p>",
  "isPaused": false,
  "template": {
    "title": "Post Solicitation"
  },
  "addendums": [
    {
      "id": 26753
    },
    {
      "id": 26803
    }
  ],
  "copyCount": 2,
  "isPrivate": false,
  "comingSoon": false,
  "created_at": "2023-10-02T22:38:09.904Z",
  "department": {
    "id": 5430,
    "name": "Administrative Services"
  },
  "government": {
    "code": "palo-alto-ca",
    "organization": {
      "city": "Palo Alto",
      "logo": "https://assets.procurement.opengov.com/logo-uploads/c8d1041f-4b64-4d20-8095-8c5bb5ab6273_city_of_palo_alto_logo.png",
      "name": "City of Palo Alto",
      "phone": null,
      "state": "CA",
      "website": "http://www.cityofpaloalto.org",
      "zipCode": "94301",
      "address1": "250 Hamilton Avenue",
      "address2": null,
      "phoneExt": null,
      "timezone": "America/Los_Angeles",
      "countryCode": "US",
      "phoneCountry": "1"
    }
  },
  "financialId": "RFP 189279",
  "closeOutReason": "Project canceled",
  "closedSubstatus": "canceled",
  "proposalDeadline": "2023-11-17T23:00:00.000Z",
  "releaseProjectDate": "2023-10-12T21:08:07.632Z"
}