City of Castle Hills
Request for Proposal for Depository Services
The City of Castle Hills is seeking proposals for Depository Services for a period of five (5) years beginning on June 1, 2024 and ending on May 31, 2029.
Proposals will be received by the City Secretary, City of Castle Hills, 209 Lemonwood, Castle Hills, Texas 78213 until 3:00 p.m., May 9, 2024. At that time and date, all bids will be publicly opened and read. Any bids received after this stated date and time will be returned unopened.
The bid specifications are available for pickup from Nichole Heinrich, City Secretary, at City Hall or via email at nheinrich@castlehills-tx.com.
Bids must be received in a sealed envelope marked “Depository Services for the City of Castle Hills” in the lower left-hand corner.
The City of Castle Hills is exempt from all Federal Excise Taxes; therefore, please do not include the tax in your proposal.
The City of Castle Hills reserves the right to reject any and all proposals, to waive all formalities, and to make the award of the Depository Services contract deemed to be in the best interest of the City.
For additional information contact Nichole Heinrich, City Secretary at 210-342-2341 x216, 209 Lemonwood, Castle Hills, Texas 78213.
General Information
The City of Castle Hills (City) is soliciting proposals from Financial Institutions that are interested and qualified to provide Depository services to the City of Castle Hills as outlined in this Request for Proposal (RFP).
This RFP and any addenda are located on the City of Castle Hills website at https://www.cityofcastlehills.com.
Respondents must submit one (1) original and four (4) copies of their submittal by 3:00 p.m. on May 9, 2024. Any proposals received after this time and date will not be considered. Proposals must be sealed and marked “Depository Services” on the proposal. The full address for proposal delivery is as follows:
City Secretary
City of Castle Hills
209 Lemonwood
Castle Hills, Texas 78213
Proposals will be opened publicly on the date and time specified herein in the City Council Chambers of City Hall at 209 Lemonwood, Castle Hills, Texas 78213.
SCHEDULE OF IMPORTANT DATES
The schedule for this RFP is as follows. The City reserves the right to change the schedule of dates as it deems necessary.
- Release RFP / begin advertisement April 17, 2024
- Deadline for Questions & Inquiries May 3, 2024, 3:00 p.m.
- Proposal Submission Deadline May 9, 2024, 3:00 p.m.
- City Staff Review of Proposals Upon Receipt
- Earliest Award by City Council May 14, 2024
- Effective Date of New Contract June 1, 2024
https://www.cityofcastlehills.com/ArchiveCenter/ViewFile/Item/1662
