Government Contract | Louisiana
CENTRAL BANKING SERVICES

Bid Information


Bid Alert No: 00000574714

Bid Title: CENTRAL BANKING SERVICES

Agency Bid No. Title: 16-002

Received Date: 05/18/2016

Close Date: 06/01/2016

Purchase Type: 3 year term

Delivery Point:

Delivery Date: Not Stated

Specifications

Specifications include, but are not limited to:Overview Under the authority of the Louisiana Constitution, the State Treasurer controls the deposit, investment and disbursement of all funds into or out of the Department of Treasury. This Request for Proposal provides an opportunity for the submission of a proposal from a single bank providing all services or a proposal from a consortium of banks, led by a primary bank. Each proposal must designate one bank only to establish and provide depository (collection) service. This bank will be designated the primary bank and will be responsible for the delivery of all services provided by the proposer, whether through a single bank or a consortium, under a contract developed in accordance with the Request for Proposals. The bank designated as the central depository bank account must meet the minimum qualifications described in Attachment A-1. All bank(s) in the consortium of banks that are designated for the Disbursement Function- ACH services must meet the minimum qualifications described in Attachment A-3. All bank(s) in the consortium of banks that are designated for Safekeeping and Custodial Services, Investment Tracking and Reporting Services and Repurchase Agreement, Reverse Repurchase Agreements and Securities Lending Services must meet the minimum qualifications described in Attachment A-5. The State Treasurer is conducting a Request for Proposals (RFP) to select providers and services for a contract term of three years commencing November 1, 2016, with an option to renew for two (2) consecutive one (1) year periods at the discretion of the State Treasurer. The winning proposer must be prepared to provide the required services for a total of 5 years, as that is the maximum term contemplated

Product Code: 94625

Agency Information


Issuing Agency: State of Louisiana - Department of Administration

State: Louisiana

Agency Type: State and Local

Contact: Office of Group Benefits, Post Office Box 44036, Baton Rouge, Louisiana, 70804

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