About this opportunity
AI summaryThe buyer requires a vendor to provide local banking services and statewide automated teller machine services to the government authority in Dover, Delaware. The selected vendor will deliver local banking services to State agencies, local school districts, and other eligible State entities while adhering to applicable collateralization requirements and Cash Management Policy Board Guidelines. Additionally, the vendor must supply ATM services at designated State facilities, covering equipment, transaction processing, cash replenishment, maintenance, settlement, and transition support.
Buyer and opportunity details
- Client
- Office of the State Treasurer
- Solicitation No.
- TRE26202-LOCBANKSATM
Scope of work
- Local branch banking services
- Over-the-counter collection bank services
- Deposit of coin, currency, and checks
- Disbursement and treasury management services
- ATM equipment provision and transaction processing
- Cash management and replenishment for ATMs
- ATM monitoring, maintenance, and repair
- Settlement, reconciliation, reporting, and transition support
How proposals are evaluated
| Criterion | Weight / scoring |
|---|---|
| Operational & Service Requirements including ability to fulfill core functional requirements | Not specified |
Minimum qualifications
- At least five years experience providing banking services to governmental or public-sector entities for Local Banking Services
- At least five years experience providing ATM, transaction-processing, or cash-management services for ATM Services
- Physical branch presence within the State of Delaware
- Branch coverage in all three Delaware counties for primary OTC collection bank consideration
- Operational capability and resources to support proposed services
- Substantial compliance with proposal submission requirements and RFP terms
Documents to include with your response
- Transmittal Letter (Tab A)
- Questionnaire responses (Attachment 1 / Tab B)
- Confidential Information Form (Attachment 2 / Tab C)
- Exception Form (Attachment 3 / Tab D)
- Business References (Attachment 4 / Tab E)
- Requirements Matrix (Attachment 5)
- Schedule of Fees (Attachment 6)
- Proof of valid State business license
- Proof of necessary certifications
- Proof of required insurance
Key dates
- RFP Published
- October 30, 2026
- Deadline for Vendor Questions
- November 16, 2026 at 4:00pm
- Deadline for State Responses
- December 4, 2026 at 4:00pm
- Proposals due
- December 23, 2026 at 4:00pm
- Estimated Finalist Presentations (In Person)
- January 25–29, 2027
- Estimated Board Approval
- February 24, 2027
- Estimated Contract Negotiation Begin
- March 5, 2027
- Target Contract Execution
- September 28, 2027
- Target Service Commencement
- December 22, 2027
How to submit
- Method
- Electronic upload via Bonfire portal and one paper copy
- Instructions
- Upload proposal to the State's Bonfire procurement portal prior to the deadline and deliver one paper copy in a sealed package to OST.
Contract details
- Term
- Initial term of five (5) years with options for two (2) additional two-year extension periods
- Place of performance
- State of Delaware
- Insurance and bonding
- Commercial liability, business automobile liability, and cyber security liability insurance coverage with required limits
- Funding
- 29 Del. C. §§ 6981, 6982(b), and 6986