Basic Information

Reference Number

0000130065

Issuing Organization

City of North Bay

Solicitation Type

RFP - Request for Proposal (Formal)

Solicitation Number

2018-71

Title

Request for Proposal for Banking Services

Source ID

PU.MU.ON.784595.C101356

Agreement Type

Canadian Free Trade Agreement (CFTA)

Details

Location

Canada, Ontario, Northeast

Description

The City of North Bay is seeking proposal submissions from Financial Institutions and Merchant Service companies to provide comprehensive banking services with transition estimated to begin January 1, 2019 and with full implementation completed by March 1, 2019.
It is expected that proposals be submitted by Schedule 1 financial institutions charted under the Canadian Bank Act and if they do not provide Merchant Services themselves, to identify a partner within their submission which would provide merchant service. Submissions from proponents providing only Banking services, or only Merchant Services will not be considered.
It is the City’s intention to enter into separate agreements for Banking Services with one (1) legal entity and Merchant Services with one (1) legal entity.

Time Line

The term of the agreements are to be for a period of five (5) Years, with an option in favour of the City to extend the agreements for two (2) additional terms of up to five (5) years each upon satisfactory negotiations of all parties.

The top-ranked proponent will receive a written invitation to enter into direct contract negotiations to finalize the agreement with the City.

Dates

Publication

2018/09/21 01:53:36 PM EDT

Closing Date

2018/10/22 01:00:00 PM EDT

Contact Information

Mary-Ann Kotylak

705-474-0400 ext. 2233

purchasing@cityofnorthbay.ca

Bid Submission Process

Bid Submission Type

Physical Bid Submission

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