Depository Services

The government authority located in Texas is seeking a vendor to provide comprehensive depository services. The agency requires a consolidated account structure with a sweep mechanism and automated cash management information. The selected vendor must deliver deposit services, remote deposit, standard disbursing services, positive pay, and account reconciliation. The scope of work also covers funds transfer and wire services, optical imaging, automated clearinghouse services, safekeeping services, account analysis, and monthly statements. All performance of the work will take place offsite. The authority is establishing a contract period of two years. Eligible bidders must be onshore organizations based in the United States. The agency is looking for proposals to determine the budget for these services. Bidders must submit all questions regarding this opportunity no later than May 29, 2026.