Comprehensive Banking Services
The purpose of this Request For Proposal (RFP) is to invite responses (Proposals) from
qualified full service Federal Deposit Insurance Corporation banking institutions (Vendors)
desiring to provide comprehensive banking services for the Department of
Higher Education. The Department intends to execute one contract as a result of this
procurement (the Contract), if any contract is issued at all, encompassing all of the products
and services contemplated in this RFP, and Proposals shall be evaluated accordingly. All
Vendors must fully acquaint themselves with the Department ’s needs and requirements and
obtain all necessary information to develop an appropriate solution and to submit
responsive and effective Proposals. Vendors must also acquaint themselves with the State
Major Procurement Rules and adhere to the requirements of those rules
throughout this process. The successful vendor must meet the minimum specifications and
requirements listed in this Request for Proposal (RFP).
