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  5. ›RFP Banking Services Charleston Water System

Charleston Water System·South Carolina

RFP Banking Services Charleston Water System

Closes 7/30/2026$500k – $2.5MRequest for Proposal
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Description

The Charleston Water System (CWS) is seeking a qualified financial institution to provide comprehensive banking services under a five‑year contract with two optional one‑year extensions. Respondents must demonstrate cost‑effective, innovative solutions that address current cash‑management practices and future technological needs. The award will be based on the institution’s ability to meet CWS’s evolving banking demands and deliver value‑added services. • Contract term: 5 years with two 1‑year renewal options (total potential 7 years) • Scope: cash management, electronic banking, treasury services, and technology‑driven banking solutions • Evaluation criteria: cost efficiency, innovation, service quality, and ability to support future demands • Submission deadline: July 30, 2026, 2:00 PM • No pre‑bid meeting or site visit indicated.

Attached files

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

Contact

Kay Kelly

[email protected]

Key dates

Opened
7/1/2026
Closes
7/30/2026
Duration
5 years

Last updated

Details

Type
Request for Proposal
Industry
Financial Services
NAICS
522110
Solicitation №
2153

Budget estimate

$500,000 – $2,500,000

Based on typical municipal banking service contracts, a five‑year engagement could range from $100,000 to $500,000 per year, depending on transaction volume, technology integration, and service breadth. This suggests a total contract value between $500,000 and $2,500,000 over the full term. The lower end reflects a basic cash‑management package; the higher end reflects a fully integrated, technology‑rich solution with extensive advisory components.

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