What the buyer needs
AI summaryTexas Woman’s University is seeking proposals for banking services. The university requires commercial checking, money market, custodial, and zero balance accounts. Proposals must be submitted electronically through TWU’s Oracle Supplier Portal by November 20, 2026, at 2:00 PM CT. Late submittals will not be accepted.
Scope of work
- Consolidated account structure with ZBA-master sweep mechanism
- Remote deposit and capture processing via web-based system
- Standard disbursing services for Operating and Payroll accounts
- Reconciliation and automated web-compatible positive pay services
- Securities safekeeping and custodial services
- Collateralization of deposits at 102% minimum margin
- Monthly account analysis reporting per account and consolidated
- Online banking services for transactions and reporting
How proposals are evaluated
| Criterion | Weight / scoring |
|---|---|
| Responsiveness and ability to provide services and reports required | 45 |
| Experience, references, and continuity of bank and bank officials | 10 |
Minimum qualifications
- Must be an actual financial institution
- Meet and maintain FDIC capital adequacy requirements
- Provide online banking services to initiate transactions and access reports
- Provide certification by Board Chairperson, attested by Secretary
- Three comparable Texas public entity client references
- Maintain fidelity and indemnity insurance
- Review TWU Investment Policy per Texas Local Government Code 2256
- Provide audited annual financial statement for most recent fiscal period
Documents to include with your response
- Table of contents
- Signed Execution of Offer
- Affirmations and Conflict of Interest
- Audited annual financial statement (one full document)
- Certification of Community Reinvestment Act (CRA) rating
- Most recent four quarters independent rating agency ratings
- Depository, collateral, and service agreements
- Proposed detailed implementation timeline
- Sample account analysis
- Attachment A – Schedule of Proposed Fees and Attachment B – Historical Rates
How to submit
- Method
- Electronic via TWU’s electronic bidding portal in Oracle’s Supplier Portal
- Instructions
- Register at least 48 hours prior to submission. Typed on 8 1/2 x 11-inch paper, numbered sequentially, with table of contents. Faxed, emailed, or mailed proposals not accepted.