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Awarded contract·City of Temple·Texas

Primary Bank Depository Services

$500kSingle Award
Contract source

Description

The City of Temple, TX is soliciting sealed applications from qualified banking institutions to provide primary bank depository services. The initial contract period will begin on September 1, 2015, and end on August 31, 2017. The contract may be extended for three additional one-year periods under the same terms and conditions. The scope of work includes providing primary bank depository services to the City. • The contract is for a period of 2 years with the option to extend for an additional 3 years. • The City is seeking a qualified banking institution to provide primary bank depository services. • The contract includes a pre-bid conference and a bid submission deadline. • The City has provided various documents, including an investment policy and fee schedules, to aid in the bidding process.

Attached files

Key dates

Starts
9/1/2015
Ends
8/31/2017Renews
Duration
2 years

Last updated

Details

Award type
Single Award
Procurement
Full and Open Competition
Industry
Financial Services
NAICS
522110
Solicitation №
12-02-15

Contract value

$500,000

The contract value is not explicitly stated in the provided text. However, based on the scope of work and the fact that it's a primary bank depository services contract, it's likely to be a significant amount. A rough estimate could be in the range of $100,000 to $500,000 per year, considering the contract duration and the services involved. This would put the total contract value at approximately $200,000 to $1,000,000 for the initial 2-year period.

AI estimate from the award documents

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