January 24, 2017 – Comprehensive Banking and Treasury Management Services
Objectives: The Orange County Tax Collector (Tax Collector), requests sealed proposals (RFP) from qualifying banks to provide the Orange County Tax Collector comprehensive banking and treasury management services. The Tax Collector will enter into a contract for all requested services with a single bank for the life of the contract except for merchant services, which at times does not lend itself to using a single source. The range of services described in detail below includes collection and deposit, concentration and disbursement, account maintenance and overnight investment services. The Tax Collector issues this RFP in his capacity as Tax Collector of Orange County.
The Tax Collector desires to establish a banking relationship with a qualified bank to provide the services described below. Under this approach, it is essential that the winning bank and the Tax Collector maintain open and frequent two-way communication, provide and receive timely responses, establish services and service levels by contract or written agreement, provide and receive fair pricing and compensation, and maintain high ethical standards.
Proposals are due no later than March 1, 2017.