RFP-0004-2011 - Commercial Banking Service

Summary of Specifications:
The primary objective of requesting proposals is for the City to determine which Bank can offer the highest quality of service at the most reasonable cost. This process also provides the City the opportunity to explore alternative procedural methods that could improve its banking, cash management and customer service capabilities. The City expects its financial institution to be a leader and innovator in the development and execution of financial products and services. The City intends to establish a two-year contract, with renewal options. The conditions of the proposal must remain valid for a minimum contract term of two years.