Description
Integral Care is seeking proposals from qualified financial institutions to provide comprehensive banking, depository, treasury, and cash management services. The contract is expected to be for an initial term of 3 years, with the option to extend for up to 2 additional years. The services required include ACH/wire processing, positive pay, fraud prevention and incident response, Workday-compatible reporting and integrations, virtual card program support, grant/restricted-fund segmentation, lockbox/RDC, and short-term liquidity options. The proposal should include a detailed implementation plan, pricing, and information about the proposer's organization, qualifications, financial stability, banking and treasury capabilities, security and fraud-prevention controls, and service model. Some key points to consider are:
• Providing comprehensive banking, depository, treasury, and cash management services
• Meeting the mandatory contract requirements, including grant compliance and service level requirements
• Providing a detailed implementation plan and pricing
• Demonstrating the ability to perform successfully and responsibly under the terms of the contract
• Submitting a completed proposal according to the time frames, procedures, and forms stipulated by Integral Care
• Meeting the requirements for insurance, including professional liability, general liability, automobile liability, worker's compensation, and employer liability
• Complying with all applicable federal, state, county, and local rules, codes, regulations, laws, and standards.