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League City·Texas

Primary Depository Services

Closes 10/15/2026$450k – $1.8MRequest for Proposal
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Description

The City of League City, Texas, is seeking qualified financial institutions that have a branch or main office within the city limits to provide primary depository services for the municipality. The contract will commence on May 1 2027 and run through April 30 2030, with two optional one‑year extensions. Applications are accepted online or via physical delivery until 2:00 p.m. on October 15 2026. The award will be made to the institution that meets the city’s eligibility criteria and can deliver the required banking services under the stipulated terms. • Eligible bidders: financial institutions with a physical presence in League City • Scope: handling city deposits, withdrawals, cash management, and related banking functions • Contract term: 3 years with up to two 1‑year extensions • Submission deadline: 10/15/2026 2:00 PM • Award process: competitive selection based on qualifications and proposed service model • Delivery: services to be performed at the City’s purchasing department address or via electronic banking platforms.

Attached files

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

Key dates

Opened
9/9/2026
Closes
10/15/2026
Duration
3 years

Last updated

Details

Type
Request for Proposal
Industry
Financial Services
NAICS
522110
Solicitation №
26-050

Budget estimate

$450,000 – $1,800,000

No contract value is disclosed in the solicitation. Based on comparable municipal depository service contracts for a city of roughly 100,000 residents, annual fees typically range from $150,000 to $600,000, covering cash handling, account administration, and reporting. Over the base three‑year term, the total contract value could be approximately $450,000 to $1,800,000, with additional revenue possible if the city exercises the two optional one‑year extensions.

AI estimate from the solicitation

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