RFP - 16-FIN-007 - Banking Services. WITH ANALYSIS.pdf

The document is a Request for Proposal (RFP) for banking services issued by the City of Edgewater. It includes various sections such as vendor information, public records requirements, questionnaire/statements for potential bank service providers, and a proposal summary form. The RFP outlines the requirements for interested banks to provide details on interest rates, EFT/wire transfer processes, ACH services, credit card services, disaster recovery plans, web-based services, technology requirements, and more. Additionally, it requests information on the bank's financial stability, service agreements, and other optional services. The RFP also includes questions regarding overdraft procedures, technology support, and other services offered to city employees. The proposal summary form requests details about the bank's type, insurance coverage, ratings, and financial information. The document emphasizes the importance of compliance with public records laws and provides guidelines for submitting proposals, handling ambiguities, and potential protest costs.