Required Services – 900 points maximum

The vendor shall provide a detailed response for each item in the required services section 40.2 A-P

Transition Plan – 300 points maximum

Vendor shall provide a transition calendar and detail of staff available to ensure a smooth transition of each component listed in section 40.

Reporting – 200 points maximum

  • The vendor shall describe the frequency and format of reports that are available for the services included in the RFP response.
  • The vendor should provide a sample report where available
  • The vendor should provide a sample monthly statement

Other Additional Services – 200 points maximum

The vendor should outline any other innovative practices, business strategies and value-added services, within the scope of this RFP that will be offered. This is an opportunity for the vendor to provide strategies and suggestions to distinguish it from other competing vendors. The University desires partnership with the selected vendor to provide financial literacy and responsible credit usage instruction and tools for students.

50.5 Format of Technical Proposal

The technical Proposal should be arranged and labeled in the manner set forth above:

50.6 Format of Cost Proposal

FINANCIAL OFFER SUMMARY

Offerors are to provide a fixed price for the services offered.

Mandatory Services (Section 40.2) Please complete and attach Section 40.2 to provide support for your firm fixed price bid.

  1. Provide a price schedule for the proposed services using AFP and BAI Service Codes. Include any one-time or setup charges, research fees, and all other fees that will be charged, even if already in place or listed elsewhere in the proposal.
  2. Provide a pro forma analysis based on the attached list of volumes and services required. Include any one-time or set-up charges, research fees, electronic banking fees and all other fees that will be charged, even if already in place or listed elsewhere in the proposal.
  3. Please provide the percentage discount from standard bank pricing that will be applied to any future new services or fees added throughout the life of the contract that are not currently included within the proposed price schedule.
  4. How long will the bank honor the price schedule offered in this proposal while the University is evaluating proposals?
  5. Will the bank cash checks drawn on the University's bank accounts at local bank branches without charge to the University or check holder?