The City of Hurst, Texas is soliciting sealed applications from eligible and qualified financial institutions to provide primary Depository Bank Services. The initial contract period will begin August 1, 2018 and end July 31, 2020, with the option to extend for three additional one-year periods. The scope of work includes providing banking services to the City. Key points to consider include:
• The contract requires the bank to have a physical location within the City's municipal boundaries.
• The bank will be required to provide a range of banking services, including but not limited to, account management, transaction processing, and investment services.
• The City is looking for a bank that can provide a high level of service and support to meet its financial needs.
• The contract will be awarded based on the best value to the City, taking into account factors such as price, service, and experience.
• The City reserves the right to negotiate the terms of the contract with the selected bank.