INTENT & BACKGROUND:
The City of Richardson (the City) is requesting proposals from qualified banking institutions to provide bank depository services (II. Part I) and a credit card processing company (III. Part II) to become the Citys merchant card service provider. The objective of this Request for Proposal (the RFP) is to identify the financial institution and credit card processing company that will provide the highest quality services at the best value.
Proposal specifications and evaluation criteria have been developed and are described herein. Only banks, credit unions and savings associations with locations/branches in the City limits are eligible to propose, and must be able to offer a full range of depository services as required by this RFP.