PROFESSIONAL SERVICES (BANKING) TRE25101-BANKINGSVC

I. Overview

This combined request for proposal (the “RFP”) is submitted by the Office of the State Treasurer (“OST”), on behalf of the Cash Management Policy Board (the “Board”) and the Department of Finance, Division of Accounting (“DOA,” and together with OST and the Board, the “State”) and seeks proposals from qualified firms (“Vendors”) interested in providing banking services to the State as detailed in the full RFP. The selected Vendors will provide the State’s deposit account and other core banking needs managed by OST in accordance with the guidelines approved by the Board and provide services to DOA in support of the State’s existing Procurement Card (“PCard”) and Virtual Card Programs, as well as a potential new ePayables Program.

In order to facilitate the evaluation of proposals, the services have been divided into five (5) components as listed below. Vendors may submit proposals covering one or more components. The State intends to select one or more Vendors to provide the required services. Depending on the proposals received and the evaluation process, the State reserves the right to select multiple Vendors for each component. Check Printing Services is not a standalone component, as such, Vendors proposing for Component 5, must also submit a proposal for either Component 1 or Component 3. A detailed description of each component can be found in Appendix A: Scope of Services.

Component 1: General Banking

Component 2: Lockbox Processing Services

Component 3: Purchasing/Virtual Card & ePayables

Component 4: Prepaid Debit Card

Component 5: Check Printing Services

Vendors should clearly identify the component(s) covered by their proposal in the required Transmittal Letter referenced on page 14.

This RFP is issued pursuant to 29 Del. C. §§ 6981, 6982(b) and 6986.

II. Timetable

The tentative timetable for this RFP process is as follows:

RFP Published: June 9, 2025
Deadline for Vendor Questions: June 27, 2025
Deadline for State Responses – Q&A Closed & Published: July 18, 2025
Deadline for Vendor Proposal Submission: August 8, 2025
Finalist Presentations (Virtual or In-Person): September 2 – 12, 2025
Estimated Board Approval: November 12, 2025 or December 3, 2025
Contract Negotiation Begin: December 8, 2025
Contract Execution: July 16, 2026
Award Notification: July 31, 2026
Implementation to Start: August 20, 2026

There will be no pre-bid meeting associated with this RFP.

This RFP is not an offer. The State reserves the right to cancel this RFP or modify the above RFP dates at any time, and for any reason.

Vendors are expected to fully inform themselves of, and by submitting a proposal shall be deemed to have read, understood and unconditionally and irrevocably accepted, all conditions, requirements, and specifications of this RFP and all attachments and exhibits, subject only to the exception process provided for herein.

For more information, visit https://mmp.delaware.gov/Bids

 

ELECTRONIC PAYMENT CONSULTING TRE25102-MSCONSULTSRVCS

I. Overview

By this request for proposal (the “RFP”), the Office of the State Treasurer (“OST”), on behalf of the Cash Management Policy Board (the “Board”), is seeking proposals from qualified consulting services firms with substantial electronic payment and public sector experience (“Consultants”) to provide advice and recommendations to the State of Delaware (the “State”). The selected Consultant will assist OST, the Board and other State agencies address the State’s practices and needs concerning electronic payment processing, gateway services and compliance with Payment Card Industry Data Security Standard (“PCI DSS”) standards (collectively, “Merchant Services”).

This RFP is issued pursuant to 29 Del. C. §§ 6981, 6982(b) and 6986.

II. Timetable

The tentative timetable for this RFP process is as follows:

RFP Published: May 5, 2025
Deadline for Vendor Questions: May 23, 2025
Deadline for State Responses – Q&A Closed & Published: June 6, 2025
Deadline for Vendor Proposal Submission: June 27, 2025
Finalist Presentations (Virtual or In-Person): July 22 – 25, 2025
Estimated Board Approval: August 13, 2025 – September 3, 2025
Contract Negotiation Begin: September 8, 2025
Contract Execution: January 28, 2026
Award Notification: February 13, 2026
Implementation to Start: March 1, 2026

There will be no pre-bid meeting associated with this RFP.

This RFP is not an offer. The State reserves the right to cancel this RFP or modify the above RFP dates at any time, and for any reason.

Consultants are expected to fully inform themselves of, and by submitting a proposal shall be deemed to have read, understood and unconditionally and irrevocably accepted, all conditions, requirements, and specifications of this RFP and all attachments and exhibits, subject only to the exception process provided for herein.

For more information, visit https://mmp.delaware.gov/Bids