27MISC6, Banking and Direct Deposit Services

Frederick County Public Schools (FCPS) is seeking qualified firms to provide comprehensive banking services—including depository, disbursement, payroll direct deposit, investments, and custodial functions—for the school district. The contract may be awarded in whole or in part, and FCPS aims to maximize cash productivity, minimize operating costs, and safeguard assets. Proposals must be submitted electronically by the stated deadline, and a non‑mandatory virtual pre‑proposal meeting will be held. • Services required: cash management, payroll direct deposit, investment handling, custodial services, and related banking functions. • Submission format: sealed technical and cost proposals uploaded via the OpenGov Procurement portal. • Key dates: Release Oct 19 2026, Pre‑proposal meeting Oct 28 2026 (virtual), Questions due Nov 12 2026, Proposal due Nov 20 2026 (2 pm). • Award decision expected Jan 20 2027. • Primary contact: Melissa Rollison, Financial Reporting Manager ([email protected]). • Contract may be awarded to multiple vendors; FCPS reserves right to split services.