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  5. ›Banking Services RFP

Massachusetts Town of Lexington·Massachusetts

Banking Services RFP

Closes 12/4/2025$100k – $500kRequest for Proposal
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Description

The Town of Lexington is seeking proposals from qualified vendors to provide banking services. The RFP documents are available online at www.lexingtonma.gov/bids, and responses must be delivered to 1625 Massachusetts Ave, Lexington, MA 02420. The Town reserves the right to reject any and all proposals if it's in the public interest to do so. • The RFP is for banking services, including an unspecified quantity of services. • The Town is looking for a vendor to provide these services, with the contract details to be determined through the RFP process. • The RFP documents are available online, and responses must be delivered to the specified address. • The Town reserves the right to reject any and all proposals.

Attached files

Contact

Elizabeth Mancini(Purchaser)

[email protected]

(781) 862-0500

Key dates

Opened
11/6/2025
Closes
12/4/2025

Last updated

Details

Type
Request for Proposal
Industry
Financial Services
NAICS
522110
Solicitation №
BD-26-1286-PRC01-PRC01-122611

Budget estimate

$100,000 – $500,000

The budget amount is not specified in the document, but based on the fact that it is a banking services RFP, the contract value could be substantial. The Town of Lexington may be looking for a comprehensive banking services package, which could include a range of services such as account management, transaction processing, and investment services. The estimated budget could be in the range of $100,000 to $500,000 per year, depending on the scope of services and the number of accounts to be managed. This is a rough estimate and the actual budget could be higher or lower, depending on the specifics of the RFP and the proposals received. Factors that may influence the likely payment range include the size and complexity of the banking services required, the level of competition among bidders, and the Town's budget for banking services.

AI estimate from the solicitation

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