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  5. ›BANKING SERVICES – DEPOSITORY, SAFEKEEPING, AND ELECTRONIC…

Awarded contract·City of North Richland Hills·Texas

BANKING SERVICES – DEPOSITORY, SAFEKEEPING, AND ELECTRONIC LOCKBOX

Won by JPMorgan Chase Bank, N.A.$200kSingle Award
Contract source

Awarded vendors

  • JPMorgan Chase Bank, N.A.

Description

The City of North Richland Hills is requesting proposals from qualified financial institutions to provide bank depository services, including depository, safekeeping, and electronic lockbox services. The city reserves the right to award all or some of the services requested. The proposal includes various documents, such as the RFP, addendums, and a safekeeping fee schedule. • The RFP is for banking services, including depository, safekeeping, and electronic lockbox services. • The city reserves the right to award all or some of the services requested. • The proposal includes various documents, such as the RFP, addendums, and a safekeeping fee schedule. • The city held a pre-bid conference on February 6, 2024, and the RFP opening date was February 16, 2024.

Attached files

Key dates

Last updated

Details

Award type
Single Award
Procurement
Full and Open Competition
Industry
Financial Services
NAICS
522110
Solicitation №
24-006

Contract value

$200,000

The value of the contract is not explicitly stated in the provided documents. However, based on the services requested, which include depository, safekeeping, and electronic lockbox services, it can be estimated that the contract value is likely in the range of $100,000 to $500,000 per year, depending on the scope and duration of the contract. This is a rough estimate and may not reflect the actual value of the contract. Factors that may influence the contract value include the number of accounts, transaction volume, and the level of service required.

AI estimate from the award documents

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