In this section you will find Information on construction projects the City has out to bid and Proposal Requests.
You can receive notices of any new projects by using our Enotifier.
Cathedral City Banking Services
- Department:Finance, Communications
- RFP Number:Fin1
- Start Date:10/31/2017 3:31 PM
- Close Date:12/28/2017 5:00 PM
The City of Cathedral City is seeking proposals for Banking Services for its bank accounts, related depository, and cash management services in accordance with this Request for Proposal (RFP). All proposals must be in the format specified, with a separately sealed cost proposal clearly identified. These proposals will not be opened and read publicly.
The City of Cathedral City is seeking proposals from qualified public depositories (a state or national bank (financial institution) located in this state, as defined by Section 53635.2 of the California Government Code) to provide a variety of commercial banking services. The institution must be a member of the Federal Reserve System, a federally or State of California chartered financial institution; and in good standing among other comparable banks. The respondents must be adequately capitalized to accommodate the City’s cash and investment management needs.
The City intends to select a financial institution to provide banking services with a branch office within the City limits or in the Coachella Valley. These services include:
- General Banking Services
- Merchant Card Processing
- Credit / Purchase Cards
It is the intent of the City to award the contract for an initial three-year period with the option to renew it for additional three-year periods at the discretion of the City. Prices in subsequent years shall be negotiated based on satisfactory customer service.
Download the complete RFP document: Cathedral City Banking_Services RFP 10312017