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  5. ›BANKING SERVICES (CCTC)

South Carolina Materials Mgmt Ofc·South Carolina

BANKING SERVICES (CCTC)

Closes 11/5/2025$19.5M – $320MRequest for Proposal
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Description

The State of South Carolina is seeking a qualified full-service FDIC insured financial institution to provide banking services to Central Carolina Technical College. The selected institution will provide full electronic (online) banking services. The contract will be for an initial term of one year with four one-year renewal options, for a maximum contract life of five years. Offerors must submit their proposals online, including a price proposal and administrative cost schedule. The state will evaluate proposals based on factors such as price, experience, and qualifications. • The contract will require the provision of various banking services, including account maintenance, debit and credit services, and wire transfers. • The selected institution will be required to provide online banking services and account reconciliation services. • The contract will have a maximum term of five years, with four one-year renewal options. • The state will evaluate proposals based on factors such as price, experience, and qualifications. • Offerors must submit their proposals online, including a price proposal and administrative cost schedule.

Attached files

Contact

JENNIFER ABNEY(Procurement Officer)

[email protected]

(803) 737-3410

Key dates

Opened
9/17/2025
Questions due
10/7/2025
Closes
11/5/2025
Projected award
1/15/2026
Duration
5 years

Last updated

Details

Type
Request for Proposal
Industry
Financial Services
NAICS
522110
Solicitation №
5400028753

Budget estimate

$19,500,000 – $320,000,000

Based on the information provided, the estimated annual cost of the banking services is around $3.9 million to $64 million, considering the various services and transactions listed in the attachment A. The total contract value for the five-year period could range from $19.5 million to $320 million, depending on the services and prices proposed by the offeror.

AI estimate from the solicitation

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