Banking and Investment Services Rebid

Location: Georgia
Posted: Mar 17, 2025
Due: Apr 17, 2025
Agency: Hall County
Type of Government: State & Local
Category:
  • Q - Medical Services
  • Z - Maintenance, Repair or Alteration of Real Property
Solicitation No: 46-006
Publication URL: To access bid details, please log in.
Bid Number: 46-006
Bid Title: Banking and Investment Services Rebid
Category: Bids & Proposals
Status: Open
Description:

Request for Qualifications with Price Proposals

RFQ/P # 46-006

For the provision of

Banking and Investment Services Rebid

Hall County, Georgia, Board of Commissioners (herein “County”) is soliciting proposals from qualified banking institutions to provide comprehensive, competitively priced, and highly personalized Banking and Investment Services as described in the Scope of Services herein.

SCHEDULE OF EVENTS:

Bid Post Date: Monday, March 17, 2025

Bidders Questions Due Date : Thursday, April 3,2025

Bid Due Date: Thursday, April 17, 2025 2:00PM

Bidding Process: The County is now accepting sealed bid proposals from qualified banking and investment institutions (herein “Bidder”, “Bank”) for Banking and Investment Services (herein ‘Services’). The County will accept Bids in the Purchasing Division located on the fourth (4th) floor of the Hall County Government Center, 2875 Browns Bridge Road, Gainesville, GA 30504, by 2:00pm, Thursday, April 17, 2025 by 2:00pm. All bid packets must be sealed, time and date stamped by the Hall County receptionist on the 4 th floor to be considered.

Schedule of Fees: Bidder’s proposed schedule of fees, if accepted, shall be firm and fixed for the initial contract term. If awarded, then the County and Bank will mutually agree that any and all fees charged by Bank will be offset via County’s interest-bearing accounts held at Bank in compensation for fees listed on Exhibit C – Mandatory Cost Proposal Worksheet. Bank agrees not to invoice County for any fees listed therein.

Public Reading : Bid openings are open to the public. Bidders are not required to attend but may do so. The Issuing Officer named herein will open and publicly read all proposer’s company names and location on the date, time and address above.  Cost will not be read at this time.

Term: The County seeks to award one (1) bank for all the services with an initial contract term of one (1) year followed with four (4) additional one (1) year renewal options. Renewals are not automatic nor guaranteed.

Alternative Terms: The County may award one (1) bank for all banking services and one (1) investment firm for investment services, if in the best interest of the County.

Addendums: If needed and in the best interest of the County, Purchasing may make any extension of the bidding period by a formal written addendum and publicly posted on the County website. All addendum must be signed by the bidder and returned with the bid packet.

Proposal Documents: Bidders may obtain all submittal documents at no cost via the County’s Website located at https://www.hallcounty.org/Bids.aspx , then click the Banking and Investment Services Rebid link to download all required documents. Any Addenda will also be posted at the bottom of the solicitation.

Publication Date/Time:
3/17/2025 8:45 AM
Publication Information:
Public
Closing Date/Time:
4/17/2025 2:00 PM
Submittal Information:
Sealed Bids
Bid Opening Information:
Public
Pre-bid Meeting:
None
Contact Person:
Andy Penick, Issuing Officer, Hall County, [email protected]
Download Available:
Links provided below
Fee:
0.00
Business Hours:
8:00am -5:00pm
Qualifications:
Banks must;
Be a state or federally chartered banking institution with a full-service branch physically located within Hall County for the full term of the contract.
Be insured by the Federal Deposit Insurance Corporation (FDIC).
Be a member of the Federal Reserve System and have access to all related services.
Be a full-service financial institution in good standing.
Have the ability to accept deposits at a local branch up to 2:00pm EST deposits and credit the County’s account on the same business day.
Have a secure, web-based banking and reporting system.
Be a qualified depository for public funds and have sufficient qualified collateral available to pledge in accordance with banking regulations.
Special Requirements:
Hall County, Georgia, desires comprehensive Banking and Investment Services to establish a strong working relationship with a local banking partner and is soliciting submissions for this Request for Qualifications with Cost Proposal (herein ‘RFQ/P’) for the services. While seeking to award one (1) bidder, the County may choose to award Banking Services separately from Investment Services, and execute two (2) separate contracts, one for banking and one for investments, between two (2) institutions, if in the best interest of the County.
Related Documents:
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* Disclaimer: Information regarding bids, requests for proposals (RFPs), or requests for qualifications (RFQs) is provided on this website only for convenience and does not constitute official public notice. Persons wishing to respond to or inquire about bids, RFPs, or RFQs should contact the appropriate government department.