DOCUMENT

RFP - BANKING SERVICES 2005

  • YEAR CREATED: 2005
  • ENTITY TYPE: County
  • TYPE OF DOCUMENT: RFP - Request for Proposals
The document is a Request for Proposal (RFP) issued by Baltimore County for banking services. The document outlines the requirements and specifications for potential vendors to submit their proposals. The document includes information on the services required, such as funds availability schedule, biographies of employees responsible for servicing accounts, list of branch offices, available reports on the bank's information services system, and answers to questions regarding banking services. The pricing proposal section specifies the need for a fully executed Price Proposal Worksheet and a lump sum price. It also mentions the inclusion of a supplementary schedule of mandatory services not listed on the Price Proposal Worksheet, along with their charges. The term of the contract is stated to be five years, with the possibility of two additional three-year renewal periods. The document also mentions the requirement for the vendor/contractor to maintain insurance coverage and provide documentation of such insurance. The prices quoted by the vendors must remain firm for the duration of the contract, unless price escalation is specified. The estimated contract value is categorized into different ranges. The method of award is based on a total lump sum basis, considering the past performance of bidders in providing goods and services to Baltimore County. The document also includes information on release orders, cooperative purchase, escalation, contractor qualifications, contract approval process, and the submittal process. It emphasizes the need for offerors to submit one original and seven copies of their proposal, complying with the provision requiring a pre-determined number of duplicate copies.
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