0090-13 RFP Final 5-21-13.docx

The document outlines the City of Tallahassee's Request for Proposals (RFP) for banking services, seeking proposals from commercial banks to provide efficient and cost-effective banking services. It details the qualification criteria for banks, including being a certified Qualified Public Depository and offering various services like web-based products and balance reporting. The RFP describes the City's demand account structure, including the Treasury Operating Account, Combined Payroll Account, Electronic Vendor Payment Account, and Manual Deposits Account. It specifies requirements for statements, reconciliation processes, and file formats, emphasizing the need for monthly statements, cancelled check downloads, and adherence to City standards for daily activity statements and reconciliation files. Furthermore, the document addresses returned checks, outlining the bank's procedures for collection attempts and emphasizes the importance of technology, efficiency, and compliance with City standards in the provision of banking services.