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South Texas College·Texas

Re-Bid Primary Bank Depository Services

Closes 4/30/2026$500k – $2MRequest for Proposal
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Description

The South Texas College is seeking proposals from qualified financial institutions to provide primary depository services. The contract will be for a maximum of 8 years, with an initial term of 2 years and options to extend for up to 3 additional 2-year periods. The college is looking for a bank that can provide a range of services, including account management, investment sweeps, and treasury management. The proposal should include a detailed description of the bank's services, fees, and experience in providing similar services to higher education institutions. • The bank should have a strong presence in Hidalgo and Starr counties, with multiple branches and locations. • The bank should be able to provide a range of services, including account management, investment sweeps, and treasury management. • The bank should have experience in providing similar services to higher education institutions. • The proposal should include a detailed description of the bank's services, fees, and experience. • The proposal should include a completed Attachment A, which includes a service questionnaire and a bank service fee schedule.

Attached files

The solicitation documents live at the source — open the bid source above to download them.

Contact

Robert Barbosa(Associate Director of Purchasing)

[email protected]

(956) 872-4682

Key dates

Opened
4/1/2026
Questions due
4/14/2026
Pre-bid meeting
4/9/2026
Closes
4/30/2026
Projected award
6/23/2026
Duration
8 years

Last updated

Details

Type
Request for Proposal
Industry
Financial Services
NAICS
522110
Solicitation №
25-26-1045

Budget estimate

$500,000 – $2,000,000

The budget for this opportunity is likely to be in the range of $500,000 to $2 million per year, depending on the services provided and the fees charged by the bank. The college has a large number of employees and students, and the bank will need to provide a range of services to meet their needs. The bank's fees will likely be based on the services provided, and the college may negotiate a discount based on the volume of business. The factors that may influence the likely payment range include the bank's fees, the volume of business, and the services provided.

AI estimate from the solicitation

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