Request for Proposals for Banking Services - Revision 1
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General Information
- Government Type
- Municipality
- Entity
- Sunset
- Public Body
- City Council
Notice Information
- Notice Title
- Request for Proposals for Banking Services
- Notice Type(s)
- Notice
- Event Start Date & Time
- July 11, 2025 11:15 AM
- Event End Date & Time
- July 28, 2025 05:00 PM
- Description/Agenda
- PROJECT OVERVIEW The City of Sunset (City) requests proposals from local qualified financial institutions (Proposers) for comprehensive commercial banking services. PROJECT DESCRIPTION The Sunset City Treasurer is requesting proposals from qualified financial institutions for commercial banking services. The City intends to maintain all banking services outlined in this RFP with one financial institution. Wells Fargo currently provides banking services to the City. This request is to validate and compare the services of the market to ensure that the City is receiving the optimum level of service at a competitive price. This RFP is intended to provide interested respondents with sufficient minimum requirements. The requirements in the Proposal Format for this Request For Proposals (RFP) are not intended to limit a proposal's content or creativity. Proposers may submit innovative ideas, new concepts, and optional features in response to this RFP. Proposers are encouraged to expand upon the specifications to give additional evidence of their ability to provide the services requested in this RFP. However, Proposers must address the needs and requirements stated in the Proposal Format of this RFP. The award of additional features beyond the minimum requirements is at City's sole discretion and will be identified in the resulting contract if deemed appropriate by City and falls in line with the initial RFP. The City will make every effort to administer the proposal process following the terms and dates outlined in this RFP. However, the City reserves the right to modify the activities, timeline, or any other aspect of the process at any time and as deemed necessary by City staff. By requesting proposals, the City is in no way obligated to award a contract or pay the expenses of the proposing financial institution in connection with the preparation or submission of a proposal. The awarding of a contract shall be contingent on the availability of funds and the requisite staff and City Council approvals. See attachment for full RFP.
- Notice of Special Accommodations (ADA)
- In compliance with the Americans with Disabilities Act, individuals needing special accommodations during this meeting should notify the Sunset City Offices - 801-825-1628, at least three (3) working days prior to this meeting.
- Notice of Electronic or Telephone Participation
- NA
- Other Information
- Any information or items for the Council's consideration must be furnished at least ten (10) working days prior to the scheduled meeting to give the needed time to study the request.
Meeting Information
- Meeting Location
-
200 W 1300 N
Sunset, UT 84015-0000
Show in Apple Maps Show in Google Maps - Contact Name
- Nicole Supp
- Contact Email
- nsupp@sunset-ut.com
- Contact Phone
- (801)614-9103
Notice Posting Details
- Notice Posted On
- July 11, 2025 11:17 AM
- Notice Last Edited On
- July 11, 2025 11:18 AM