Depository RFP

The City of Boerne is requesting proposals for a banking services contract to be awarded August 11, 2020, with service to begin October 1, 2020, and extend through September 30, 2023, with the option to extend this contract for two (2) additional one-year terms. The total term of this contract may not exceed five (5) years from the date October 1, 2020. Through this contract the City intends to minimize banking costs, improve operational efficiency, and maximize investment capabilities. This Request for Proposal (RFP) represents the cash management goals, specifies all banks’ required qualifications, the banking services required, the estimated activity volumes on all accounts, the method and terms of compensation, submission instructions and the contract award provisions.

Depository RFP (PDF)

Attachment A-1

Attachment B

Bank Analysis

City of Boerne Investment Policy

Depository Questions