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            "text": "KENTUCKY STATE UNIVERSITY BOARD OF REGENTS",
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                {
                    "id": "p505.3.1",
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                    "text": "DATE: March 4, 2021"
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                    "text": "SUBJECT: Approval of Banking Services RFP Solicitation"
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                    "text": "FROM: FINANCE AND ADMINISTRATION"
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                    "text": "ACTION ITEM: YES"
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            "text": "BACKGROUND: In order to ensure vendors are delivering competitive pricing and services, the Office of Finance and Administration is in the process of reviewing all University contracts. For any contract that has been in place for over five years (or earlier if there has been a major issue with the vendor's service), the Office of Finance and Administration has flagged those contracts for a pricing review."
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            "text": "As part of this process, the University has already either re-negotiated or placed out for bid the following contracts that include, but are not limited to the following services:"
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            "text": "Dining Services"
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            "text": "Copy and Mail Services"
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            "text": "Bookstore"
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            "type": "text",
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            "text": "Investment Services"
        },
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            "text": "The University now requests approval to solicit competitive vendor proposals for University banking services. The purpose of this Request for Proposal (RFP) is to solicit proposals for competitive negotiations pursuant to 200 KAR 5:307. Kentucky State University is seeking one (1) qualified Vendor to provide banking services to Kentucky State University."
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            "text": "SUMMARY OF PROGRAMS/ACTIVITIES: The University is seeking a vendor partner who shall:"
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            "text": "The University seeks vendor proposals for banking services that includes, but is not limited to, depository, Automatic Clearing House (ACH) payments, wire transfers, positive pay, and merchant card processing and other other treasury services."
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            "text": "ALIGNMENT WITH STRATEGIC GOALS:",
            "level": 3
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                    "id": "p505.14.1",
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                    "text": "Goal 3: Increase the University's Financial Strength and Operational Efficiency."
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                    "text": "Goal 4: Enhance the Impact of External Relations and Development."
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            "text": "Page 505 of 649",
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