Banking and Investment Plan and Rates Services

The Monroe County government authority in Monroe, Michigan, is seeking a vendor to provide comprehensive banking and investment plan and rates services. The agency needs to establish secure, integrated financial operations to manage its treasury, investments, and daily transactions. This initiative aims to streamline the authority's financial workflows, secure its digital transactions, and optimize its investment portfolio yield. The scope of work covers banking and treasury management services, general checking accounts, and payroll and disbursement services. The agency requires remote deposit capture, online banking and reporting, and merchant services with cashless payment solutions. To ensure operational efficiency, the vendor must provide a secure web-based platform that integrates with the agency's existing ERP system. For the investment portion of the contract, the agency requires investment management services, a defined investment philosophy, a benchmark strategy, and a portfolio management approach. Eligible bidders must be onshore organizations based in the United States. The agency will allow the selected vendor to perform all work offsite. Bidders must submit their proposals digitally via email or through the designated online portal. The agency has not disclosed a specific budget and is looking for proposals to define the cost structure. The source document does not specify the evaluation criteria or key project dates.