Description
Frederick County Public Schools (FCPS) is seeking qualified banking firms to provide comprehensive banking and direct‑deposit services for the district. The contract will cover transaction processing, electronic funds transfer, payroll direct deposit, account management, and related customer service for all FCPS accounts. Proposals must be submitted electronically via OpenGov Procurement by the deadline, and a virtual pre‑bid conference is offered for clarification. The award will be made after Board of Education approval, and the selected vendor will become the district’s primary banking partner.
• Scope: Full‑service banking, including deposits, withdrawals, ACH, wire transfers, payroll direct deposit, and online banking support.
• Mandatory electronic submission; no paper bids accepted.
• Pre‑bid virtual meeting on Oct 28, 2026 (optional).
• Evaluation based on technical capability, cost, and compliance with minority‑business goals.
• Contract likely multi‑year, providing ongoing services to the school system.