Banking and Procurement Card Services
- Client
- Columbia, Missouri
- RFP Number
- BANKING-9203
- Posted
- —
- Category
- Banking Services
- Budget
- Looking for Proposal
- NAICS
- —
- Set-aside
- —
- Contact
- —
Description
AI GeneratedThe government authority in Columbia, MO, requires banking and procurement card services. The buyer needs a full-service, interest-earning checking account with electronic monthly statements containing image documentation. The bank must provide 24/7 online access for daily balances and reporting, and confirm receipt, substitution, and release of securities. The depository must maintain pledged collateral equal to 100% of the deposit amount less insurance. Eligibility is restricted to onshore (USA) organizations. The work will be performed offsite. Proposals can be submitted digitally via email or online. The buyer is seeking proposals and has set October 27, 2026, as the deadline for all questions.
Key solicitation details
AI-extracted from Banking Services RFP 2026.doc. Confirm against the original documents before bidding.
Daniel Boone Regional Library is seeking proposals from financial institutions to provide banking depository services and merchant card services. The selected bank will manage interest-earning depository accounts, collateralization of funds, and optional credit card services. Bidding is restricted to onshore USA organizations with at least a branch in Columbia, Boone County, Missouri.
- Issued by
- Daniel Boone Regional Library
- RFP Date
- August 6, 2026
- Questions Due / Last Addenda Date
- October 23, 2026
- Proposals Due
- 3:00 p.m. CDT on October 27, 2026
- Services Start
- January 1, 2027
- How to submit
- Electronic via agency portal
- Submission details
- Submitted digitally through the Beacon Bid website (https://www.dbrl.org/requests-for-proposal) by 3:00 p.m. CDT on October 27, 2026.
- Contract term
- Primary term of three years (January 1, 2027 to December 31, 2029) with up to three additional one-year renewal options.
- Place of performance
- Columbia, Missouri and regional library locations in Fulton, Holts Summit, and Ashland, Missouri
- Insurance and bonding
- 100% pledged collateral security on deposits exceeding FDIC insured amount
How proposals are evaluated
| Compliance with RFP requirements | |
| The bank's credentials, reputation, experience and capability of performing the services within the Scope of Work | |
| Financial Stability of bank | |
| Proximity of nearest bank location to CPL | |
| Rate of interest bid on the daily investment accounts | |
| The local support for internet services provided on the DBRL account | |
| Cost to move from current bank vendor | |
| Other services offered by the banking institution |
Scope of work
- Interest-earning full-service operating checking account
- Electronic monthly bank statements with image documentation
- Pledged collateral maintaining 100% security on deposits above FDIC limits
- 24/7 online banking portal for daily balances, reporting, wires, and ACH
- Integration with Tyler Pro 10 accounting and Paycom payroll software
- Positive pay service and stop payment functionality
- Optional Health Savings Accounts (HSA) for employees
- Merchant payment processing and procurement credit card services
Minimum qualifications
- Must have at least a branch bank available in Columbia, Boone County, Missouri
- Must be chartered under existing federal and State of Missouri laws
Documents to include with the bid
- Depository Bid Form
- Name and address of bidding bank and main headquarters
- Nearest bank location to Columbia Public Library
- Contact information for bank's authorized representative
- General history of the bank
- Qualifications of personnel providing internet support
- Operating hours of the bank
- Three firm references with contact persons and telephone numbers
- Written statement of any disagreements or exceptions to fee schedule or terms
- Information on credit card, purchasing card, positive pay, or other beneficial services
Verify important details
Document checkConfirm submission instructions and amendments with the issuing agency before responding.
Personalized fit score
Sign up free to see how well this opportunity fits your company — based on your saved profile.
Sign up to see your fit score