request for proposal (rfp) for bank ... i – background the san antonio river authority (the river...
TRANSCRIPT
Number: PM-C003 Version: 1.4 Date: 04/05/07
REQUEST FOR PROPOSAL (RFP)
FOR
BANK DEPOSITORY SERVICES
1
Index
I – Background ........................................................................................................................................................ 2
II – Objective ........................................................................................................................................................... 2
III – Scope of Services ............................................................................................................................................. 2
D. OPTIONAL BANKING SERVICES .................................................................................................................... 12
IV - Fees and Charges ........................................................................................................................................... 12
V – Term of Contract ............................................................................................................................................ 13
VI – Proposal Requirements ................................................................................................................................ 13
VII – Amendments to RFP .................................................................................................................................... 14
VIII – Submissions of Proposals ........................................................................................................................... 15
IX – Restrictions on Communication ................................................................................................................... 16
X – Evaluation Criteria .......................................................................................................................................... 17
XI - Award of Contract and Reservation of Rights .............................................................................................. 17
XII – Schedule of Events ....................................................................................................................................... 18
XIII – Additional Provisions .................................................................................................................................. 19
ATTACHMENT A – Depository Services Provider QualificationGeneral Questionnaire ................................. 22
ATTACHMENT B– Litagation Disclosure .......................................................................................................... 23
ATTACHMENT C - SMALL, WOMEN, HUBZONE BUSINESS ............................................................................. 24
ATTACHMENT D - INDEMNIFICATION REQUIREMENTS ................................................................................. 30
ATTACHMENT E - CONFLICT OF INTEREST QUESTIONNAIRE .......................................................................... 31
ATTACHMENT F - CONTRACT COMPLIANCE STATEMENT & CONTRACT DOCUMENT .................................. 34
ATTACHMENT G - COMPLIANCE WITH STATE LAW REGARDING PUBLIC INFORMATION…….……………..….…35
ATTACHMENT H - SIGNATURE PAGE ............................................................................................................... 38
ATTACHMENT I - PROPOSED BANKING FEES ATTACHMENT J - HISTORICAL BANKING INTEREST RATES
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I – Background
The San Antonio River Authority (the River Authority) is requesting proposals for bank
depository services. The anticipated contract start date is July 1, 2017.
This Request for Proposal (RFP)represents the River Authority's cash management
goals, specifies all required qualifications, the banking services required, the estimated
activity volumes on all accounts, the method and terms of compensation, submission
instructions and contract award provisions. All qualified institutions, as defined below,
are invited to submit a proposal.
Institutions responding to this Request for Proposal (RFP) must be insured through the
Federal Deposit Insurance Corporation (FDIC) and must be able to demonstrate a
capacity to meet the River Authority’s requirements as stated in the RFP.
II – Objective Through this contract, the River Authority intends to minimize banking costs, improve
operational efficiency and information flow, and maximize its investment capabilities.
The banking services provided should allow the River Authority to conduct business
operations effectively and economically.
III – Scope of Services
A. AUTHORITY OVERVIEW
The River Authority currently maintains two bank accounts.
Description
Type
Average
Collected
Balance
Operating DDA $5 million
Insurance DDA $10,000
Most bank activity will occur in the Operating Account.
Monthly accounts payable balance averages approximately $3.5 million,
with an average of 250 checks and EFT transactions per month.
The River Authority’s average bi-weekly payroll for about 250 employees
is approximately $560,000.
All payroll payments are made as direct deposit transactions.
Attachment I includes estimated service volumes for all services
currently used based on historical volumes. Month by month are to be
found in hidden columns on the Attachment.
Remote deposit is used in one area–in the Accounting Department. Deposits
containing checks, coin and currency are taken to the bank by an employee. All checks
are deposited (approximately 80 per month are deposited electronically using remote
deposit technology. Administration handles all reconciliation on the accounts and only
one set of statements will be required as well as on-line access.
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This relationship will include safekeeping services for Authority owned securities and
must include delivery versus payment (DVP) settlement. Any or all Authority funds
may be maintained and invested by the River Authority outside this contract. All
investment and balance decisions will be made by the River Authority. The River
Authority will be under no obligation to maintain funds in the bank except under a
compensating balance situation.
Primary responsibility for administration of the banking services contract within the
River Authority organization resides with the Accounting Manager who will monitor the
bank’s performance against provisions of the agreement, including the bank’s proposal
submitted in the response to this RFP and will be responsible for administering the
contract with respect to day-to-day activities.
A list of River Authority personnel authorized to deal directly with the bank will be
provided following award of contract. The bank shall provide the River Authority with
a similar list of authorized personnel.
B. FINANCIAL INSTITUTION QUALIFICATIONS
To be considered the proposal must include a complete response
to each question in this Section.
1. In order to fulfill the River Authority’s fiduciary responsibility to protect public funds,
each bank submitting a proposal shall provide the following.
a. Provide an audited annual financial statement (or link preferably) for the
most recent fiscal period.
b. The bank will be required to provide annual financial statements
throughout the contract period. Confirm agreement to this condition.
2. Provide the bank’s current CRA rating; noting the specific rating agency and the
date of the last rating.
3. List references from at least three of the bank’s current, comparable governmental
clients. Include the length of time under contract, a client contact, title, and
telephone number.
4. Provide the bank’s current senior and subordinate debt ratings. If debt ratings are
not issued, provide the bank’s most recent bank rating from an independent rating
service. The bank will be responsible for notifying the River Authority within thirty
(30) days of any change in these ratings throughout the entire contract period.
Confirm agreement to this condition.
5. Provide a proposed timeline for implementation of the contract including the
timeline on specific activities and direct responsibilities of the River Authority and
the Bank during implementation. The timeline should contain sufficient time for
any customization and training necessary on automated systems in particular.
6. All service agreements executed for this contract will be subsidiary to the terms
and fees set in this RFP and in the bank’s response to the RFP. The bank must
provide a copy of all agreements applicable to services proposed which will be
required to be executed for services under the contract. Any changes and
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negotiation required on the agreements will be made and agreed upon before
award of the contract.
6. The bank awarded the contract will be required to review the River Authority’s
then-current Investment Policy and certify in writing to that review in accordance
with the Texas Public Funds Investment Act certifying that the bank has sufficient
controls in place to avoid transactions not authorized by the Policy. A copy of the
current Investment Policy can be found online at www.sara-tx.org. Confirm
agreement to this condition.
8. Service to the community and its citizens is a major focus of the River Authority.
In this section, please describe the bank and its employee’s involvement in giving
back to the community through a discussion of your activities and corporate
priorities.
a. Is there a corporate focus on local communities and if so how has it been
implemented?
b. What level of community service does the bank and its employees
contribute to San Antonio citizens and organizations?
9. Customer service is a critical element for the River Authority.
a. What is distinctive about the bank’s approach to customer service?
b. How is River Authority service monitored at the holding company level?
At the local level?
10. If the bank is offering any retention or transition incentives, detail and quantify as
necessary.
C. REQUIRED BANKING SERVICES
To be considered, the proposal must include a response to each of the
questions In Section VI and all associated fees must be detailed on
Attachment I. All fees for all services anticipated must be detailed on the
Attachment. Add any level of detail necessary for complete explanations.
1. Account Structure
The River Authority is interested in assuring that idle funds are earning at the best,
then-current interest rates available at all times. The River Authority may choose to
employ either a compensating balance or fee basis as its payment method and shall
have the right to change that method with reasonable notice to the bank. The River
Authority has been using a compensating balance basis but is anticipating a change to
a structured investment sweep structure to capture the best rates while minimizing
collateral needs and regulatory fees.
The River Authority is not requesting that the bank play a municipal advisory role in
structuring the accounts and investment sweep. In the anticipated investment sweep
a government, or enhanced government, money market fund would be used if it strives
to maintain a $1 NAV. If the bank has a valid alternative to a SEC money market fund
it should be presented. A repurchase agreement or an off-shore account are not
acceptable as sweep investment vehicles.
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The proposal should describe the bank's most cost effective methodology for creating
an account structure with or without a sweep. Distribution of interest to the individual
accounts is preferred. A history of net rates for any vehicle proposed will be required
on Attachment J.
The River Authority may be required or may desire to open additional accounts, or
change account types during the contract period. If this occurs, the new accounts and
their services shall be charged at the same contracted amount.
a. Can the bank provide a ZBA structure? How many tiers of sub-accounts are
possible?
b. Describe your recommended account structure for the River Authority in today’s
rate environment. If the bank is proposing an alternative to investment sweeps
detail fully.
c. Can the bank provide an investment sweep structure? Fully describe the sweep
mechanism(s). If a money market mutual fund is not to be used, describe the
alternative fully along with any interest rate calculation. Detail any restrictions
on the accounts.
d. Are balances swept at close of the business day or on the next business day?
If swept next day, how are balances collateralized?
e. How is sweep activity reported? Is reporting on a daily or monthly basis?
Describe and give examples.
f. How is sweep interest applied and reported to the River Authority monthly?
g. If an SEC registered money market fund is utilized for the proposal, include the
full name and identification (including CUSIP and ticker symbol) of the fund
along with a copy of the prospectus. The fund must strive to a $1 NAV. Provide
today’s rate from the fund. The River Authority requires on-line access to
reporting.
h. Will the bank charge a regulatory fee? What is the basis (percent or basis
points)? If bank charges are discounted, is the regulatory fee also included in
the discount calculation?
i. Provide the proposed computation basis for (a) interest bearing and (b) money
market accounts if rates are based on a set index or security (such as the 3-
month Treasury Bill).
j. State whether interest earnings from interest bearing accounts are charged to
the account analysis and under which conditions. Is interest accrued from the
investment sweep charged?
Automated Cash Management Information Access
The River Authority requires a single portal, automated cash management information
to support its services and provide daily balance and transaction reporting. Flexibility
will be critical to the usage. Online image access is required.
a. Fully describe the bank’s on-line service capabilities. List the system
capabilities.
b. What is the bank’s back-up process to provide balance reporting and
transaction input in case of system non-availability. What has been the
system’s percentage uptime in the past twelve months?
c. What is the access time for prior day and intra-day balance information?
d. Does the system provide full trailer information on wires and ACH for
identification purposes? Is this information available on the main portal or does
it require a separate EDI module?
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e. Provide a website (and sign-on information if required) for an online review of
the system. If a link is not available provide sample screen prints for each
major information and input screen.
f. Describe the system security protocols. Does the River Authority have
complete administrative control for security access?
g. What items are imaged and available online?
h. How long are images retained online? Is optional extended availability
available? If so, for what periods of time?
i. Is a CD routinely issued? List the contents on the CD, if created.
3. Standard Deposit Services
Standard commercial deposit services are required for all accounts. The River
Authority uses remote deposit in one location. Cash and occasional non-cash deposits
are made by an employee. Checks are not encoded. The River Authority requires same
bank day credit on all cash (coin and currency) deposits and on-us checks.
The River Authority accepts credit and debit cards. The primary merchant services
provider is JP Morgan Chase.
All cleared deposits received by the bank's established deadline must be processed for
same day credit. The bank shall guarantee immediate credit on all incoming wire
transfers, US Treasury checks, ACH transactions, on-us items, and U.S. government
security maturities and coupon payments. Any expedited availability options should
be noted in the proposal. Failure to credit Authority accounts in a timely fashion will
require interest payment reimbursement to the River Authority at the then current
daily Fed Funds rate.
a. Is vault use required? If so, where is the vault located?
b. What is the bank’s daily cut-off time at branch locations at the vault?
c. How and when are credit/debit advices sent to the River Authority? Are the
advices made available online?
d. When are online check images available: prior day and intra-day?
e. What type deposit bags are used? Are these to be provided by the bank?
f. Is deposit location tracking available? How is the information gathered and
what access will the River Authority have to this information online or in
reports?
g. Is the bank offering expedited availability? Explain. Are any deposits or credits
delayed for any reason?
h. Include a list of all the bank's deposit locations.
i. Describe the bank’s standard NSF process. Are checks automatically re-
deposited? How many times?
j. Does the bank provide re-presentment of NSF checks by ACH (RCK) by creating
an ACH debit for a secondary presentment? Describe.
k. Are the RCK resulting ACH re-presentments and collections linked for
reconcilement purposes? Describe.
l. Is NSF information available on-line? Describe.
m. Price and report the total fees which would apply to the following sample deposit
outlined below. (This does not reflect a normal River Authority deposit and is
used for cost comparison purposes only.) The cost of the deposit would be
$_______________ at the vault and $________ at a branch.
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SAMPLE DEPOSIT:
The sample deposit would be made (a) in four (4) tamper-proof
deposit bags, (b) with strapped where possible as shown below, (c)
with coins that are not rolled, (d) with tapes attached to bundled but
not endorsed checks. The breakdown on the deposit is:
Currency
Denom. # Straps Loose $ Total $
$100 5 $300 $20,300
$50 6 $600 $15,600
$20 4 $340 $4,340
$10 9 $70 $4,570
$5 22 $175 $5,675
$1 50 $14 $2,514
$52,999
Coins
$.25 $427
$.10 $114
$.05 $10
$.01 $2
$553
Checks
280 checks $140,252
$193,804
4. Remote Electronic Check Acceptance and Conversion
The River Authority currently uses remote deposit at one location. The equipment used
is a Digital Check Teller Scanner and is owned by the River Authority. On average,
less than ten checks are processed daily.
a. Describe the bank’s current process and capabilities for remote capture.
b. Provide a copy of the batch report.
c. What is the final cut-off time for batches for same day processing?
d. What options does the River Authority have in scanners?
e. Is equipment available through the contract or on a lease?
f. List the equipment required along with its approximate cost(s).
5. Standard Disbursing Services
Standard disbursing services for one account is required to include the payment of all
River Authority employee checks without charge upon presentation. The River
Authority currently uses standard positive pay services. The River Authority prints
check format and information simultaneously with an automated signature. Payments
over $10,000 require two actual (wet) signatures (not done electronically) per River
Authority policy. Information on check printing services is requested in Optional
Services.
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The River Authority will require positive pay services for all check-writing accounts.
No special signature review requirements are being requested. An average of 250
accounts payable checks are written per month with a monthly average of $3.5 million.
a. Does the bank offer extended image storage for checks? What time periods?
b. Does the bank image all checks and return checks?
c. Will the bank cash free of charge all on-us checks for Authority non-account-
holder employees?
6. Positive Pay and Reconciliation
To safeguard against fraudulent checks, positive pay is required. The positive pay
process must be fully automated and web-based. Check information will normally be
transmitted by batch but the River Authority requires the ability to manually enter
checks through the bank portal. The River Authority prefers positive pay to be
combined with partial reconciliation services.
a. Does the bank have payee positive pay?
b. Is input for manual checks all on-line through the portal? Does any action
require paper backup or additional documentation?
c. Can individual checks be removed from or changed on the positive pay file?
How is this accomplished?
d. Describe transmission requirements for data transfer.
e. Are all OTC checks verified against the positive pay file before processing? How
often is teller information updated?
f. At what time is a positive pay exception reported to the River Authority? How
is notification made? Is notification daily regardless of activity or only as
exceptions are identified?
g. At what time is a response from the River Authority on processing exceptions
required?
h. Describe the bank’s services available under partial and full reconciliation.
i. When are partial and full reconciliation reports available each month? Are all
reports online and available for download?
j. The River Authority uses the ONESolution (a Sungard product) financial system.
Does the bank have any customers using this system? How much flexibility is
there for bank systems to interface with the existing system?
k. Is deposit reconciliation available? Describe fully.
l. Provide a sample copy of reconciliation reports. The River Authority also
requires the ability to download all bank transactions in a flat file (CSV comma
delimited) in a format dictated by the River Authority.
7. Funds Transfer and Wire Services
Incoming wire transfers must receive immediate same day collected credit. Online
wire initiation is required. Online monitoring would be preferable. The River Authority
will require compensation for delays caused by bank errors at that day’s Fed Funds
rate.
a. Is online wire initiation and monitoring available? Describe.
b. Is any paper transaction required on wire/transfer on-line transactions?
c. Does the bank notify the River Authority of incoming wires? What is the specific
notification mechanism?
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d. Describe security protocols for wire initiation. Are multiple authorizations
required?
e. Is future dating of repetitive and non-repetitive wires available? How far in
advance?
f. Can internal bank transfers be future dated?
g. State wire cut-off times.
h. State the bank’s policy on the use of ledger balances for outgoing wires in
anticipation of daily security activity or incoming wires.
8. ACH Services
ACH services are required. ACH is currently used for payroll and some vendor
payments and transfers. Pre-noting will be required.
a. Is ACH input available on-line as well as file transmission? Describe.
b. What filters and blocks are available on the ACH transactions? Describe
alternatives.
c. Are ACH addenda shown in their entirety on-line and on reports? Is an
additional EDI module required for viewing?
d. State data transfer requirements and limitations.
e. What is the deadline for transmission for a payroll to credit employee accounts
on Friday?
f. Does the bank require pre-funding on ACH or can the bank provide for the River
Authority to be debited on settlement day?
9. Safekeeping Services
The bank will be required to provide book-entry safekeeping services for securities
owned by the River Authority. All Authority investments will be made by the River
Authority and instructions for clearing and safekeeping will be given to the bank in
writing. The River Authority may choose to purchase time deposits from the bank, but
all time deposits will be competitively bid at the time of purchase.
Safekeeping must be in the bank and not a brokerage subsidiary of the bank in order
to assure securities are cleared on a delivery versus payment (DVP) basis.
Ownership will be documented by confirmations or safe-keeping receipts provided
within one business day of the transaction. Funds for investments will be drawn from
a designated Authority DDA account. All income distributions must receive same day
collected credit on the River Authority designated account without Authority action.
All Authority investments are made on a competitive basis. The depository will not be
eligible to become an authorized broker/dealer to Authority in order to perfect DVP.
If the bank utilizes a correspondent bank for safekeeping of Authority securities, the
transactions will be handled through the depository bank's systems and shall not
require additional manual or online interaction by the River Authority with the
correspondent bank. No delay in transactions, wires, or flow of funds will be acceptable
under a correspondent relationship.
a. Is the bank a member of the Federal Reserve and DTC?
b. Will the bank be the safekeeping bank for Authority-owned securities? If not,
name the correspondent bank to be used for clearing and safekeeping.
Describe the transaction flow with the use of a correspondent bank if applicable.
c. Can security transactions be input online?
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d. Can positions and/or transactions be monitored on-line?
e. Will safekeeping charges be hard-charged or put through the analysis? Does
the River Authority have a choice in payment methodology?
10. Collateral Requirements
Authorized collateral shall be pledged against the total time and demand deposits net
of FDIC insurance with a 102% margin on the collateral maintained at all times by the
bank. Authority requirements beyond the Public Funds Collateral Act must be met.
The River Authority reserves the right to review any collateral pooling arrangements
which may be established during the contract period by the bank. No assumption of
its use should be made by the bank.
The acceptable investment securities for collateral are:
- Obligations of the United States, its agencies or instrumentalities, or evidence
of indebtedness of the United States guaranteed as to principal and interest
including MBS and CMO which pass the bank test.
- Obligations of any US state or of a county, city or other political subdivision of
any state having been rated as investment grade (investment rating no less
than “A” or its equivalent) by two nationally recognized rating agencies.
- Letter of Credit from the FHLB.
Preference will be given to pledged securities.
The proposal must state agreement to the following terms and conditions.
All collateral pledged to the River Authority must be held in an independent,
third party bank outside the bank’s holding company.
A safekeeping agreement shall be executed between the depository and the
safekeeping bank for custody of pledged securities in full compliance with
FIRREA requiring a bank resolution. (Or completion of Circular 7 if the Federal
Reserve is acting as custodian.)
All time and demand deposits will be collateralized at a minimum of 102% of
principal plus accrued interest at all times, net of FDIC insurance.
The bank will be contractually responsible for the daily monitoring and
maintaining of collateral at the River Authority's required margin levels.
Pledged collateral will be evidenced by original safekeeping receipts/report sent
directly to the River Authority by the custodian within one business day.
The River Authority shall receive a monthly report of collateral pledged
including description, par, and CUSIP at a minimum.
Substitution rights will be granted if the bank obtains the River Authority’s prior
approval and if substituting securities are received before previously pledged
securities are removed from safekeeping. Substitution rights will be granted if
the River Authority has daily online inquiry to the collateral positions.
a. State the bank’s acceptance of the collateral conditions above. Any exceptions
to any condition must be detailed.
b. Will the River Authority have online inquiry access to the collateral positions?
c. Will there be a charge for collateral?
d. Will monthly collateral reports come directly to the River Authority from the
bank or the custodian?
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11. Account Analysis
A monthly account analysis is required for each account and on a relationship basis
each month. Within five (5) business days after receipt of the monthly account
analysis and approval of those fees by the River Authority, the bank may direct debit
the designated account for fees due if payment is by fees, if applicable.
A complete account analysis will be required monthly regardless of the payment basis.
a. Provide a sample account analysis including calculation bases.
b. When is the analysis available each month online? Is it downloadable?
c. How long are analyses maintained online?
d. Is the analysis on a monthly CD?
12. Monthly Statements
A monthly statement is required on all accounts. All accounts are on a calendar
monthly cycle. Timeliness of statements is critical and non-performance will be
grounds for termination of contract. The River Authority does not require printed
statements if on-line access is available.
a. When are statements made available and downloadable online?
b. Provide a sample statement.
c. How long are statements available online?
d. Are paper statements also available? Is there a fee for paper copies?
e. Are statements on a monthly CD?
13. Account Executive
To insure smooth contract implementation and continuation of services, a specific local
account executive and a back-up must be assigned to the River Authority account to
coordinate services and expedite the solution of any problem encountered. The
account executive should be available to meet with Authority staff on banking matters
as needed and at a minimum semi-annually.
a. Provide the name and title of the proposed account executive and backup with
short bios.
b. How often does the representative plan to meet with the River Authority to
review the account structure and services?
14. Overdrafts
Every effort will be made to eliminate overdrafts. However, should this situation arise,
state the bank’s overdraft policy and detail rates and fees, if any.
a. Are all accounts aggregated for overdraft calculation purposes?
b. State the rate basis for overdrafts.
c. Does the bank charge for daylight overdrafts?
15. Stop Payments
The River Authority rarely has stop pays. An automated stop pay process is required.
a. What stop pay periods are offered? What are the renewal periods?
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b. What options are available for extended stop pay periods?
c. What is the deadline for same day action on stop pays?
d. Can stop pay orders be initiated and renewed on-line? Is a paper follow-up
document required?
e. Are all clearings including OTC verify against the stop pay file? How often is
this teller file updated?
f. What information on current and expiring stop pays is available on-line? When?
How long?
D. OPTIONAL BANKING SERVICES
The proposal must include a response to each question in this
section and all fees associated with the two services must be
shown on Attachment I. If the service is not available respond as
“Not available”.
The River Authority continually investigates new services for use and possible inclusion
under its banking services contract. The following services are not currently required
but will be evaluated in terms of availability, feasibility, service levels, services
provided and charges for current, or future, use under the contract.
The River Authority will make its determination during the contract period as to
whether a particular service will be used. If the service is initiated later in the contract
period the services and charges stipulated in this proposal will be applied. If the bank
currently does not offer the service but is planning to offer the service during the
projected contract period, it should so stipulate along with the anticipated date of
activation.
1. Check Printing
Outsourced check writing is currently being considered by the River Authority.
a. Does the bank have any program for check printing, i.e. utilizing a file from the
River Authority for generation and mailing of Authority checks? Describe fully.
b. What time frames and turn-around are available? How often are checks
processed?
E. Alternative Services
This section should be used to describe any services, not addressed in the RFP, which
the bank chooses to highlight for possible use by the River Authority. Any additional
service should be described and costs delineated.
IV - Fees and Charges The River Authority reserves the right to utilize either a fee basis or compensating
balance basis (or a combination of each) for payment of services under the contract.
The River Authority reserves the right to change the payment methodology during the
contract period upon no less than 30 days written notice to the bank with the change
commencing the first of the following month. This will enable the River Authority to
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take advantage of changing interest rate environments. A complete account analysis
will be required monthly regardless of the payment basis.
All item and account charges will remain at the proposal price quoted for the duration
of the first three years of the contract period regardless of changes in service volumes
during the period. Renegotiation of fees may be considered for the two one-year
extension period but any changes must be mutually agreed upon in writing by both
parties. Should new services be required during the contract period not contemplated
by this RFP, those services will be provided at fees not more than the bank’s then-
current published rate and approved by the River Authority.
V – Term of Contract The River Authority plans to execute a three (3) year bank depository services contract
with options to renew for two successive one-year terms. The anticipated contract
start date is July 1, 2017.
VI – Proposal Requirements To equitably evaluate each bank's ability to meet the banking service needs of the
River Authority, a standard format for all proposals is required.
A response must be given to each item in the RFP along with completion of
Attachments A and B. Responses must be in the same order as the questions
presented, stating acceptance of, modifications or additions to, or a statement of the
inability to provide said service. Only proposals submitted in the prescribed format and
using the provided Attachments will be considered and evaluated for contract award.
Additional explanatory information may be included as part of a proposal.
The RFP is being issued in electronic form along with its exhibits and attachments.
Proposers are solely responsible for any inadvertent alteration to the RFP, its exhibits
and attachments. Submission of the Proposal must be in written form. An electronic
copy is to be provided for archival purposes.
DEPOSITORY SERVICES PROVIDER’s proposal shall include the following items in the
following sequence.
A. COVER LETTER: A cover letter must be signed by an individual authorized to bind
the institution, state that the proposal is valid for 180 days from the submission
date, and give full contact information regarding the proposal.
B. EXECUTIVE SUMMARY: The summary shall include a statement of the work to be
accomplished, how DEPOSITORY SERVICES PROVIDER proposes to accomplish
and perform the services and unique problems perceived by DEPOSITORY
SERVICES PROVIDER and their solutions.
C. 1DEPOSITORY SERVICES PROVIDER QUALIFICATION GENERAL
QUESTIONNAIRE: Complete DEPOSITORY SERVICES PROVIDER Qualification
General Questionnaire (Attachment A).
D. LITIGATION DISCLOSURE. Completed Litigation Disclosure Form (Attachment
B). If DEPOSITORY SERVICES PROVIDER is proposing as a team or joint venture,
then all parties to that team or joint venture shall complete and return this form
with the proposal.
1 Optional. You do not have to include this in the RFP.
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E. SMALL, WOMEN, HUBZONE, DISADVANTAGED BUSINESSES: Complete the
(Attachment J) regarding company ownership.
F. BROCHURES: Include brochures and other relevant information about
DEPOSITORY SERVICES PROVIDER considered by the RIVER AUTHORITY in its
selection.
G. REFERENCES AND QUALIFICATIONS:
a. Background of DEPOSITORY SERVICES PROVIDER and support
personnel, including professional qualifications as it relates to the scope
of services contemplated by the RFP.
b. Specific experience with public entity clients, for example; River
Authorities, Water Districts or other governmental entities. If
DEPOSITORY SERVICES PROVIDER is proposing as a team or joint
venture, provide the same information for each member of the team or
joint venture.
c. Other resources, including total number of employees, number and
location of offices, number and types of equipment available to support
these services.
d. DEPOSITORY SERVICES PROVIDER shall provide three (3) references,
preferably from other governmental entities and/or River Authorities, for
whom DEPOSITORY SERVICES PROVIDER has provided services.
H. INDEMNITY REQUIREMENTS: Signed statement indicating DEPOSITORY
SERVICES PROVIDER’S willingness to accept and comply with the indemnification
provisions described herein, if selected. (Attachment D)
I. CONFLICT OF INTEREST QUESTIONNAIRE:(Attachment E)
J. CONTRACT COMPLIANCE STATEMENT AND CONTRACT DOCUMENT: Signed
statement indicating DEPOSITORY SERVICES PROVIDER’S willingness and ability
to comply with and execute a contract with the River Authority, if selected.
(Attachment F)
K. SIGNATURE PAGE: DEPOSITORY SERVICES PROVIDER must sign the proposal
on the appropriate form. The proposal must be signed by a person authorized to
bind the firm submitting the proposal. Proposals signed by a person other than
an officer of the company or partner of the firm are to be accompanied by
evidence of authority. (Attachment H)
L. PROPOSAL CHECKLIST: Completed proposal checklist (Attachment
I).DEPOSITORY SERVICES PROVIDER is expected to examine this RFP carefully,
understand the terms and conditions for providing the services listed herein and
respond completely. FAILURE TO COMPLETE AND PROVIDE ANY OF THESE
DOCUMENTS MAY RESULT IN THE DEPOSITORY SERVICES PROVIDER’S
PROPOSAL BEING DEEMED NON-REPSONSIVE AND THEREFORE DISQUALIFIED
FROM CONSIDERATION.
VII – Amendments to RFP Should amendments to the RFP become necessary, they will be made available on the
River Authority’s website under Contracting Opportunities. It is the responsibility of any
DEPOSITORY SERVICES PROVIDER interested in submitting a proposal to check this
website for amendments.
15
VIII – Submissions of Proposals By submitting a proposal in response to this RFP, depositories will be deemed
to agree to the mandatory contract and service provisions contained herein.
This RFP and the proposal submitted will be incorporated into and form the
basis of the bank depository services contract.
Local Presence Required - The River Authority Board will consider proposals from
banks doing business within the limits of Bexar County. The River Authority reserves
its right to award a contract based upon its determination of the best interests of the
River Authority in accordance with the RFP selection criteria.
A. DEPOSITORY SERVICES PROVIDER shall submit two complete copies and one
electronic copy of the Proposal, and an original signed in ink, in a sealed package,
clearly marked on the front of the package RFP BANK DEPOSITORY SERVICES
as per the instructions below. All Proposals must be received in the RIVER
AUTHORITY no later than 2:00 p.m. central time, April 21, 2017 2:00 at the
address below. Any Proposal received after this time will not be considered.
The original, one complete copy and one electronic copy must be delivered to:
Mailing Address:
San Antonio River Authority, Attn: Purchasing Agent
P.O. Box 839980
San Antonio, TX 78283-9980
Physical Address:
San Antonio River Authority, Attn: Purchasing Agent
100 E. Guenther St.
San Antonio, TX 78204
A second copy must be delivered by mail, express mail or in person to:
Linda Patterson 512-320-5042
Patterson and Associates [email protected]
Barton Oaks Plaza II
901 South Mopac – Ste 195
Austin, TX 78746
Proposals sent by facsimile or email will not be accepted.
B. Proposal Format: Each proposal shall be typewritten. Each page shall be
numbered. Each proposal must include the sections and attachments in the
sequence listed
C. DEPOSITORY SERVICES PROVIDERS who submit responses to this RFP shall
correctly reveal, disclose, and state the true and correct name of the individual,
proprietorship, corporation, and/or partnership (clearly identifying the
responsible general partner and all other partners who would be associated with
the contract, if any). No nick-names, abbreviations (unless part of the legal
title), shortened or short-hand, or local "handles" will be accepted in lieu of the
full, true and correct legal name of the entity. These names shall comport exactly
with the corporate and franchise records of the Texas Secretary of State and
Texas Comptroller of Public Accounts. Individuals and proprietorships, if
16
operating under other than an individual name, shall match with exact Assumed
Name filings. Corporate DEPOSITORY SERVICES PROVIDERS and limited liability
company DEPOSITORY SERVICES PROVIDERS shall include the 11-digit
Comptroller's Taxpayer Number on the signature page of the Proposal.
D. If an entity is found to have incorrectly or incompletely stated its name or failed
to fully reveal its identity on the signature page of its proposal, the Director of
Support Services shall have the discretion, at any point in the contracting
process, to suspend consideration of the proposal.
E. All provisions in DEPOSITORY SERVICES PROVIDER’S proposal shall remain valid
for one hundred eighty (180) days following the deadline date for submissions
or, if a proposal is accepted, throughout the entire term of the contract.
F. All proposals become the property of the River Authority upon receipt and will
not be returned. Any information deemed to be confidential by DEPOSITORY
SERVICES PROVIDER should be clearly noted on the page(s) where confidential
information is contained; however, the River Authority cannot guarantee that it
will not be compelled to disclose all or part of any public record under the Texas
Public Information Act, since information deemed to be confidential by
DEPOSITORY SERVICES PROVIDER may not be considered confidential under
Texas law, or pursuant to a court order.
G. Any cost or expense incurred by the DEPOSITORY SERVICES PROVIDER that is
associated with the preparation of the Proposal, or short list interview, if any, or
during any phase of the selection process, shall be borne solely by DEPOSITORY
SERVICES PROVIDER.
IX – Restrictions on Communication Once the RFP has been released, DEPOSITORY SERVICES PROVIDERS are prohibited
from communicating with the RIVER AUTHORITY staff regarding the RFP or Proposals,
with the following exceptions:
A) Questions concerning substantive RFP issues shall be directed, in writing only, to
the Purchasing Agent, at [email protected].
Verbal questions and explanations are not permitted other than for general non-
substantive issues or as may be described by this section and during interviews, if
any. It is suggested that all questions be sent by certified mail, return receipt
requested; however, electronic submissions by e-mail or facsimile will be accepted
at [email protected] or 201-302-2688. No inquiries or questions will be answered if
received after 12:00 P.M. on April 11, 2017, to allow ample time for distribution of
answers and/or amendments to this RFP.
B) DEPOSITORY SERVICES PROVIDER shall not contact the River Authority
employees before an award has been made, except as set out herein. Violation
of this provision by DEPOSITORY SERVICES PROVIDER may lead to
disqualification of its proposal from consideration.
C) Currently contracted vendors may communicate with the River Authority staff to
continue working on active matters, but such communication shall not include
discussions regarding this RFP.
D) The River Authority reserves the right to contact any DEPOSITORY SERVICES
PROVIDER for clarification after responses are opened and/or to further negotiate
with any DEPOSITORY SERVICES PROVIDER if such is deemed desirable.
17
X – Evaluation Criteria The RIVER AUTHORITY will conduct a comprehensive, fair and impartial evaluation of all
proposals received in response to this RFP. The River Authority will use an outside
consultant and may appoint a selection committee to perform the evaluation. Each
Proposal will be analyzed to determine overall responsiveness and qualifications under
the RFP. Criteria to be evaluated may include the items listed below. The selection
committee may select all, some or none of the DEPOSITORY SERVICES PROVIDERS for
interviews. If the RIVER AUTHORITY elects to conduct interviews, DEPOSITORY
SERVICES PROVIDERS may be interviewed and re-scored based upon the same criteria,
or other criteria to be determined by the consultant and selection committee. The River
Authority reserves the right to select one, or more, or none of the DEPOSITORY
SERVICES PROVIDERs to provide services.
The proposer's understanding of the scope of services required includes demonstrated
abilities to coordinate delivery of the services and an understanding of the needs and
operational requirements of the River Authority. Award may not necessarily be made
to the institution submitting the lowest price proposal. The River Authority will choose
the institution submitting the most responsive overall proposal to satisfy its needs.
Evaluation criteria:
30% -capability to provide services required
30% - banking services costs
10% - earnings potential
10% - creditworthiness and stability of the bank
10% - acceptable collateral
10% - local presence
Local Presence Required - The River Authority Board will consider proposals from banks
doing business within the limits of Bexar County. The River Authority reserves its right
to award a contract based upon its determination of the best interests of the River
Authority in accordance with the RFP selection criteria.
A) Cost estimate submitted.
XI - Award of Contract and Reservation of Rights A. The River Authority reserves the right to award one, more than one or no
contract(s) in response to this RFP.
B. The contract, if awarded, will be awarded to the DEPOSITORY SERVICES
PROVIDER(s) whose proposal(s) is deemed most advantageous to the River
Authority, as determined by the consultant and selection committee.
C. The River Authority may accept any proposal in whole or in part. The River
Authority may request additional information or require a meeting with bank
representatives for clarification. If subsequent negotiations are conducted, they
shall not constitute a rejection or alternate RFP on the part of the River Authority.
D. The River Authority may modify, without notice, the evaluation structure and
weighted criteria to accommodate additional considerations or information
revealed through the evaluation process.
18
E. The River Authority reserves the right to accept one or more proposals or reject
any or all proposals received in response to this RFP, and to waive defects,
informalities and irregularities in the proposals received. The River Authority also
reserves the right to terminate this RFP, and reissue a subsequent solicitation,
and/or remedy technical errors in the RFP process.
F. The River Authority will require the selected DEPOSITORY SERVICES
PROVIDER(s) to execute a contract with the River Authority, no more than thirty
(30) calendar days after the River Authority gives notice of award. No work shall
commence until the contract document(s) is signed by the River Authority and
DEPOSITORY SERVICES PROVIDER provides the necessary evidence of insurance
as required in this RFP and the contract. Contract documents are not binding on
the River Authority until reviewed by legal counsel. In the event the parties
cannot negotiate and execute a contract within the time specified, the River
Authority reserves the right to terminate negotiations with the selected
DEPOSITORY SERVICES PROVIDER and commence negotiations with another
DEPOSITORY SERVICES PROVIDER.
G. This RFP does not commit the River Authority to enter into a contract, award any
services related to this RFP, nor does it obligate the River Authority to pay any
costs incurred in preparation or submission of a proposal or in anticipation of a
contract.
H. If selected, DEPOSITORY SERVICES PROVIDER will be required to comply with
the Insurance and Indemnity Requirements established herein.
I. If selected, DEPOSITORY SERVICES PROVIDER will be required to comply with
all terms of the contract established herein.
J. Conflicts of Interest. DEPOSITORY SERVICES PROVIDER acknowledges that it is
informed that the DEPOSITORY SERVICES PROVIDER is required to warrant and
certify that it, its officers, employees and agents are neither officers nor
employees of the River Authority, as defined in the River Authority’s Ethics Code.
K. Independent Contractor. DEPOSITORY SERVICES PROVIDER agrees and
understands that, if selected, it and all persons designated by it to provide
services in connection with a contract, is and shall be deemed to be an
independent contractor(s), responsible for its respective acts or omissions, and
that the River Authority shall in no way be responsible for DEPOSITORY
SERVICES PROVIDER’S actions, and that none of the parties hereto will have
authority to bind the others or to hold out to third parties, that it has such
authority.
XII – Schedule of Events Following is a list of projected dates with respect to this RFP:
(Add/delete/modify the contents of the following table)
ACTIVITY DATE
RFP Solicitation Period March 31 – April 21, 2017
19
Questions Accepted
Questions Answered
Through 12:00 p.m. on April 11, 2017
April 14, 2017
Proposals Due 2:00 p.m. on April 21, 2017
Selection Committee established April 10, 2017
Board of Directors consideration of
contract
June 21, 2017
XIII – Additional Provisions
A. Ownership and Licenses
In accordance with Texas law, DEPOSITORY SERVICES PROVIDER acknowledges and
agrees that all local government records created or received in the transaction of official
business or the creation or maintenance of which were paid for with public funds are
declared to be public property and subject to the provisions of Chapter 201 of the Texas
Local Government Code and Subchapter J, Chapter 441 of the Texas Government Code.
Thus, no such local government records produced by or on the behalf of DEPOSITORY
SERVICES PROVIDER pursuant to this contract shall be the subject of any copyright or
proprietary claim by DEPOSITORY SERVICES PROVIDER.
The term “local government record” as used herein shall mean any document, paper,
letter, book, map, photograph, audio or video recording, microfilm, magnetic tape,
electronic medium, or other information recording medium, regardless of physical form
or characteristic and regardless of whether public access to it is open or restricted under
the laws of the state, created or received by local government or any of its officers or
employees pursuant to law including an ordinance, or in the transaction of official
business.
DEPOSITORY SERVICES PROVIDER acknowledges and agrees that all local government
records, as described herein, produced in the course of the work required by any
contract awarded pursuant to this RFP, will belong to and become the property of the
River Authority. DEPOSITORY SERVICES PROVIDER, if awarded this contract, will be
required to turn over to the River Authority, all such records as required by said contract.
DEPOSITORY SERVICES PROVIDER, if awarded this contract, shall not, under any
circumstances, release any records created during the course of performance of the
contract to any entity without the River Authority’s written permission, unless required
to do so by a Court of competent jurisdiction.
In accordance herewith, DEPOSITORY SERVICES PROVIDER, if selected, agrees to
comply with all applicable federal, state and local laws, rules and regulations governing
documents and ownership, access and retention thereof.
B. Certifications
DEPOSITORY SERVICES PROVIDER warrants and certifies that DEPOSITORY SERVICES
20
PROVIDER and any other person designated to provide services hereunder has the
requisite training, license and/or certification to provide said services, and meets all
competence standards promulgated by all other authoritative bodies, as applicable to
the services provided herein.
D. Intellectual Property
If selected, DEPOSITORY SERVICES PROVIDER agrees to abide by the following
regarding intellectual property rights:
DEPOSITORY SERVICES PROVIDER shall pay all royalties and licensing fees.
DEPOSITORY SERVICES PROVIDER shall hold the River Authority harmless and
indemnify the River Authority from the payment of any royalties, damages, losses or
expenses including attorney's fees for suits, claims or otherwise, growing out of
infringement or alleged infringement of copyrights, patents, materials and methods
used in the project. It shall defend all suits for infringement of any Intellectual
Property rights. Further, if DEPOSITORY SERVICES PROVIDER has reason to believe
that the design, service, process or product specified is an infringement of an
Intellectual Property right, it shall promptly give such information to the River
Authority.
Upon receipt of notification that a third party claims that the program(s), hardware or
both the program(s) and the hardware infringe upon any United States patent or
copyright, DEPOSITORY SERVICES PROVIDER will immediately:
1. Either:
a) obtain, at DEPOSITORY SERVICES PROVIDER'S sole expense, the necessary
license(s) or rights that would allow the River Authority to continue using the
programs, hardware, or both the programs and hardware, as the case may be,
or,
b) alter the programs, hardware, or both the programs and hardware so that the
alleged infringement is eliminated, and
c) reimburse the River Authority for any expenses incurred by the River Authority
to implement emergency backup measures if the River Authority is prevented
from using the programs, hardware, or both the programs and hardware while
the dispute is pending.
2. DEPOSITORY SERVICES PROVIDER further agrees to:
a) assume the defense of any claim, suit, or proceeding brought against the River
Authority for infringement of any United States patent or copyright arising from
the use and/or sale of the equipment or software under this contract,
b) assume the expense of such defense, including costs of investigations,
reasonable attorneys' fees, expert witness fees, damages, and any other
litigation-related expenses, and
c) indemnify the River Authority against any monetary damages and/or costs
awarded in such suit;
Provided that:
DEPOSITORY SERVICES PROVIDER is given sole and exclusive control of all
negotiations relative to the settlement thereof, but that DEPOSITORY
SERVICES PROVIDER agrees to consult with the River Authority legal
counsel during such defense or negotiations and make good faith effort to
21
avoid any position adverse to the interest of the River Authority,
that the Software or the equipment is used by the River Authority in the
form, state, or condition as delivered by DEPOSITORY SERVICES PROVIDER
or as modified without the permission of DEPOSITORY SERVICES
PROVIDER, so long as such modification is not the source of the
infringement claim,
that the liability claimed shall not have arisen out of the River Authority's
negligent act or omission, and
That the River Authority promptly provide DEPOSITORY SERVICES
PROVIDER with written notice within 15 days following the formal assertion
of any claim with respect to which the River Authority asserts that
DEPOSITORY SERVICES PROVIDER assumes responsibility under this
section.
22
Attachment A DEPOSITORY SERVICES PROVIDER QUALIFICATION
GENERAL QUESTIONNAIRE
1. Name/Name of Agency/Company: 2. Address:
3. Telephone: _(___)____________ 4. FAX: _(___)____________ 5. E-mail: _________________ 6. Is your Company authorized and/or licensed to do business in Texas? Yes____ No____ 7. Has the Company or any of its principals been debarred or suspended from contracting with any
public entity? Yes____ No____
8. If yes, identify the public entity and the name and current phone number of a representative of the public entity familiar with the debarment or suspension, and state the reason for or circumstances surrounding the debarment or suspension, including but not limited to the period of time for such debarment or suspension.
9. Indicate person whom the RIVER AUTHORITY may contact concerning this proposal or setting dates for meetings.
Name: Address: Telephone: Fax: Email:
I CERTIFY THAT THE ABOVE INFORMATION IS TRUE AND CORRECT.
Company Name: Signature of Principal Printed Name of Principal Title of Principal
__________________ _____________________ _________________
23
ATTACHMENT B LITIGATION DISCLOSURE
Failure to fully and truthfully disclose the information required by this
Litigation Disclosure form may result in the disqualification of your proposal
from consideration or termination of the contract, once awarded.
1. Has the DEPOSITORY SERVICES PROVIDER or any member of Company/Team to
be assigned to this engagement ever been indicted or convicted of a felony or
misdemeanor greater than a Class C in the last five (5) years?
Circle One YES NO
2. Has the DEPOSITORY SERVICES PROVIDER or any member of Company/Team
been terminated (for cause or otherwise) from any work being performed for the
San Antonio River Authority or any other Federal, State or Local Government, or
Private Entity?
Circle One YES NO
3. Has the DEPOSITORY SERVICES PROVIDER or any member of Company/Team
been involved in any claim or litigation with the San Antonio River Authority or any
other Federal, State or Local Government, or Private Entity during the last ten (10)
years?
Circle One YES NO
If DEPOSITORY SERVICES PROVIDER has answered “Yes” to any of the above
questions, please indicate the name(s) of the person(s), the nature, and the
status and/or outcome of the information, indictment, conviction,
termination, claim or litigation, as applicable. Any such information should be
provided on a separate page, attached to this form and submitted with your
proposal.
I CERTIFY THAT THE ABOVE INFORMATION IS TRUE AND CORRECT.
Company Name:
Signature of Principal:
Printed Name of Principal: ___________________
Title of Principal:___________________
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ATTACHMENT C
SMALL, WOMEN, HUBZONE, DISADVANTAGED BUSINESSES
Utilization of Small Business Concerns
1. It is the policy of the River Authority that small business concerns, veteran-owned
small business concerns, service-disabled veteran-owned small business concerns,
HUBZone small business concerns, small disadvantaged business concerns, and
women-owned small business concerns shall have the maximum practicable
opportunity to participate in performing contracts, including contracts and
subcontracts for subsystems, assemblies, components, and related services for major
systems. It is further the policy of the River Authority that its prime contractors
establish procedures to ensure the timely payment of amounts due pursuant to the
terms of their subcontracts with small business concerns, veteran-owned small
business concerns, service-disabled veteran-owned small business concerns, HUBZone
small business concerns, small disadvantaged business concerns, and women-owned small business concerns.
2. The Contractor hereby agrees to carry out this policy in the awarding of
subcontracts to the fullest extent consistent with efficient contract performance. The
Contractor further agrees to cooperate in any studies or surveys as may be conducted
by the River Authority, or other Governmental agencies as may be necessary to determine the extent of the Contractor's compliance with this clause.
3. Contractors acting in good faith may rely on written representations by their
subcontractors regarding their status as a small business concern, a veteran-owned
small business concern, a service-disabled veteran-owned small business concern, a
HUBZone small business concern, a small disadvantaged business concern, or a women-owned small business concern.
4. The North American Industry Classification System (NAICS) Code for this
acquisition is 237110.
5. The small business size standard is $28.5 million in gross receipts.
6. The small business size standard for a concern which submits an offer in its own
name, other than on a construction or service contract, but which proposes to furnish a product which it did not itself manufacture, is 500 employees.
7. Definitions .
Small business concern-A business concern, including its affiliates, which is
independently owned and operated, not dominant in the field of operation in
which it is bidding, and qualified as a small business under the criteria in 13
CFR Part 121 and the size standard in section 4 of this provision.
Women-owned small business concern-A small business concern that (1) is at
least 51 percent owned by one or more women; or, in the case of any publicly
owned business, at least 51 percent of the stock of which is owned by one or
more women; and (2) Whose management and daily business operations are
controlled by one or more women.
25
Veteran-owned small business concern-A small business concern with (1) Not
less than 51 percent of which is owned by one or more veterans (as defined at
38 U.S.C. 101(2)) or, in the case of any publicly owned business, not less than
51 percent of the stock of which is owned by one or more veterans; and (2)
The management and daily business operations of which are controlled by one or more veterans.
Service-disabled veteran-owned small business concern-A small business
concern that is (1) not less than 51 percent of which is owned by one or more
service-disabled veterans or, in the case of any publicly owned business, not
less than 51 percent of the stock of which is owned by one or more service-
disabled veterans; and (2) the management and daily business operations of
which are controlled by one or more service-disabled veterans or, the spouse
or permanent caregiver of a service-disabled veteran with permanent and severe disability.
Service-disabled veteran- a veteran, as defined in 38 U.S.C. 101(2), with a disability that is service-connected, as defined in 38 U.S.C. 101(16).
HUBZone small business concern-A small business concern that appears on the
List of Qualified HUBZone Small Business Concerns maintained by the Small Business Administration.
Commercial item-A product or service that satisfies the definition of commercial item in section 2.101 of the Federal Acquisition Regulation.
Commercial plan-A subcontracting plan (including goals) that covers the
bidder’s fiscal year and that applies to the entire production of commercial
items sold by either the entire company or a portion thereof (e.g., division, plant, or product line).
Individual contract plan-A subcontracting plan that covers the entire contract
period (including option periods), applies to a specific contract, and has goals
that are based on the bidder’s planned subcontracting in support of the specific
contract except that indirect costs incurred for common or joint purposes may be allocated on a prorated basis to the contract.
Master plan-A subcontracting plan that contains all the required elements of an
individual contract plan, except goals, and may be incorporated into individual
contract plans, provided the master plan has been approved.
Subcontract-Any agreement (other than one involving an employer-employee
relationship) entered into for supplies or services required for performance of the contract or subcontract.
NOTICE:
Under 15 U.S.C. 645(d), any person who misrepresents a firm’s status as a
small, HUBZone small, small disadvantaged, or women-owned small business
concern in order to obtain a contract to be awarded under the preference
programs established pursuant to section 8(a), 8(d), 9, or 15 of the Small
26
Business Act or any other provision of Federal law that specifically references section 8(d) for a definition of program eligibility, shall --
1) Be punished by imposition of fine, imprisonment, or both;
2) Be subject to administrative remedies, including suspension and debarment; and
3) Be ineligible for participation in programs conducted under the
authority of the Act.
27
Sub-Attachment 1
SMALL, WOMEN, HUBZONE, DISADVANTAGED BUSINESSES
Please complete the following information, if your business falls into any of the below
categories, using the size regulations as set forth on the Small Business Association’s website, http://www.sba.gov/size/. Businesses must be at least 51% minority-owned,
woman-owned, veteran owned, or service disabled veteran owned for designation to
apply. Historically Underutilized Businesses or Disadvantaged Business Entities must be
certified by state or regional agency for these designations to apply.
The River Authority encourages all businesses that fall into the categories listed below
to become certified by the South Central Texas Regional Certification Agency. For more information, please contact 210-227-4722 or www.sctrca.org.
NAME OF BUSINESS NAICS Code
ADDRESS Number &
Str.
City State Zip Code
CONTACT NAME
PHONE NUMBER FAX NUMBER
E-MAIL ADDRESS
CHECK ALL THAT APPLY
Small Business Entity
Minority Owned Business Entity
Woman Owned Business Entity
HUBZone Business Entity
Small Disadvantaged Business
Entity
Veteran Owned Business Entity
Service Disabled Veteran Owned
Business Entity Other ________________________
CERTIFIED Yes No AGENCY CERTIFIED BY
Please circle the answer that applies to your organization for the following statements:
The company and/or its principals (are/are not) presently debarred,
suspended, or determined to be ineligible for an award of a contract by any
Federal agency.
The company and/or its principals (comply / do not comply) with non-
segregated facilities in accordance with FAR 52.222-21.
Under 15 U.S.C. 645(d), any person who misrepresents its size status shall (1) be
punished by a fine, imprisonment, or both; (2) be subject to administrative remedies;
and (3) be ineligible for participation in programs conducted under the authority of the
Small Business Act.
As prescribed in FAR 19.301(d), the U.S. Government may impose a penalty against a
firm misrepresenting its business size and/or disadvantaged status for the purpose of
obtaining a procurement award. The information contained herein is complete and
accurate in all details to the best of my knowledge and belief.
____________________________________________________________ ______
28
Signature of Authorized Official Printer Name of Authorized Official Title Date
Sub-Attachment 2
SMALL, WOMEN, HUBZONE, DISADVANTAGED BUSINESSES
1. The bidder represents that it ____ is, ____ is not a small business concern.
2. (Complete only if bidder represents itself as a small business concern in question
1.) The bidder represents that it ____ is, ____ is not, a small disadvantaged business concern as defined in 13 CFR 124.1002.
3. (Complete only if bidder represents itself as a small disadvantaged business
concern in question 2.) The bidder shall check the category in which its ownership falls:
___ Black American.
___ Hispanic American.
___Native American (American Indians, Eskimos, Aleuts, or Native
___ Hawaiians).
___ Asian-Pacific American (persons with origins from Burma, Thailand,
Malaysia, Indonesia, Singapore, Brunei, Japan, China, Taiwan, Laos,
Cambodia (Kampuchea), Vietnam, Korea, The Philippines, U.S. Trust
Territory of the Pacific Islands (Republic of Palau), Republic of the Marshall
Islands, Federated States of Micronesia, the Commonwealth of the
Northern Mariana Islands, Guam, Samoa, Macao, Hong Kong, Fiji, Tonga,
Kiribati, Tuvalu, or Nauru).
___ Subcontinent Asian (Asian-Indian) American (persons with origins from
India, Pakistan, Bangladesh, Sri Lanka, Bhutan, the Maldives Islands, or
Nepal).
___ Individual/concern, other than one of the preceding.
4. The bidder represents that it ___is, ___ is not a women-owned small business
concern.
5. The bidder represents that it ____ is, ____ is not a veteran-owned small business concern.
6. (Complete only if bidder represents itself as a veteran-owned business concern in
question b.5.) The bidder represents that it ____ is, ____ is not a service-disabled
veteran-owned small business concern.
7. The bidder represents that –
A. It ____ is, ____ is not a HUBZone small business concern listed, on the date
of this representation, on the List of Qualified HUBZone Small Business
Concerns maintained by the Small Business Administration, and no material
change in ownership and control, principal office, or HUBZone employee
percentage has occurred since it was certified by the Small Business Administration in accordance with 13 CFR part 126; and
29
B. It ____ is, ____ is not a joint venture that complies with the requirements
of 13 CFR part 126, and the representation in paragraph (b)(6)(i) of this
provision is accurate of the HUBZone small business concern or concerns that
are participating in the joint venture. Enter the name or names of the HUBZone
small business concern or concerns that are participating in the joint venture:
________________. Each HUBZone small business concern participating in the
joint venture shall submit a separate signed copy of the HUBZone representation.
30
ATTACHMENT D
INDEMNIFICATION REQUIREMENTS
DEPOSITORY SERVICES PROVIDER covenants and agrees to FULLY INDEMNIFY and HOLD
HARMLESS, the River Authority and the elected officials, employees, officers, directors,
volunteers and representatives of the River Authority, individually or collectively, from and
against any and all costs, claims, liens, damages, losses, expenses, fees, fines, penalties, proceedings, actions, demands, causes of action, liability and suits of any kind and nature,
including but not limited to, personal or bodily injury, death and property damage, made upon the
River Authority directly or indirectly arising out of, resulting from or related to DEPOSITORY
SERVICES PROVIDER’s activities under this PROPOSAL, including any acts or omissions or
negligence of DEPOSITORY SERVICES PROVIDER, any agent, officer, director, representative, employee, DEPOSITORY SERVICES PROVIDER or subcontractor of DEPOSITORY SERVICES PROVIDER, and their respective officers, agents, employees, directors and representatives while
in the exercise of performance of the rights or duties under this PROPOSAL, all without however,
waiving any governmental immunity available to the River Authority under Texas Law and
without waiving any defenses of the parties under Texas Law. The provisions of this INDEMNITY are solely for the benefit of the parties hereto and not intended to create or grant any rights, contractual or otherwise, to any other person or entity. DEPOSITORY SERVICES PROVIDER shall
advise the River Authority in writing within 24 hours of any claim or demand against the River
Authority or DEPOSITORY SERVICES PROVIDER known to DEPOSITORY SERVICES PROVIDER
related to or arising out of DEPOSITORY SERVICES PROVIDER’s activities under this PROPOSAL and shall see to the investigation and defense of such claim or demand at DEPOSITORY SERVICES
PROVIDER’s cost. The River Authority shall have the right, at its option and at its own expense,
to participate in such defense without relieving DEPOSITORY SERVICES PROVIDER of any of its obligations under this paragraph. DEPOSITORY SERVICES PROVIDER further agrees to defend, at
its own expense and own behalf of and in the name of River Authority, any claim or litigation
brought against River Authority and its elected officials, employees, officers, directors,
volunteers and representatives, in connection with any such injury, death or damage for which
this indemnity shall apply, as set forth above.
STATEMENT ACKNOWLEDGING
INDEMNIFICATION REQUIREMENTS
DEPOSITORY SERVICES PROVIDER hereby acknowledges and accepts with the
indemnification requirements described herein.
_______________________
Printed Name of DEPOSITORY SERVICES PROVIDER
By: _______________________(Signature)
31
ATTACHMENT E
CONFLICT OF INTEREST QUESTIONNAIRE
Texas Local Government Code requires that any person or entity who contracts or
seeks to contract with a government entity for the sale or purchase of property, goods,
or services must submit a Conflict of Interest Questionnaire (Form CIQ) with the
government entity. A Conflict of Interest Questionnaire must be filed no later than
the seventh business day after the date that the vendor begins contract discussions or
negotiations with the River Authority or submits to the River Authority an application,
response to a request for proposal qualifications or bid, correspondence, or other
writing related to a potential contract. The vendor shall also be required to file an
updated questionnaire not later than September 1 of each year in which a covered
transaction is pending, and the seventh business day after the date of an event that
would make a statement in the questionnaire incomplete or inaccurate. (Form that can be filled out electronically is available at the River Authority web site).
32
33
34
ATTACHMENT F
CONTRACT COMPLIANCE STATEMENT & CONTRACT DOCUMENT
STATEMENT ACKNOWLEDGING CONTRACT EXECUTION REQUIREMENTS
If awarded a contract in response to this proposal, DEPOSITORY SERVICES PROVIDER
will be able and willing to execute a contract in the form shown in the proposal, as
attached and set out in this Attachment with the understanding that the scope and
compensation provisions will be negotiated and included in the final document.
________________________
Printed Name of DEPOSITORY SERVICES PROVIDER
By:_________________________(Signature)
35
ATTACHMENT G
COMPLIANCE WITH STATE LAW REGARDING PUBLIC INFORMATION
As a general rule, documents in the files of public entities like the San Antonio River
Authority (SARA) are open for public review under the Texas Public Information Act (the
“Act”) Texas Government Code Section 552. As a result of this law, a vendor’s
submission is generally considered to be public information subject to disclosure.
However, the Act provides several exceptions for disclosure.
In order for a governmental body to withhold requested information, specific tests or
factors for the applicability of a claimed exception must be met. Failure to meet these
tests may result in the release of requested information. The most commonly claimed
exceptions in the Act concerning proprietary information are listed here. This listing is
not intended to limit any exceptions or statutes a vendor may identify if information is
requested.
Section 552.101: Information made Confidential By Law
Section 552.104: Confidentiality of Information Relating to Competition
Section 552.110: Confidentiality of Trade Secrets and Commercial or Financial
Information
In the event that a vendor’s submission is requested under the Act, the vendor must
provide the San Antonio River Authority with the vendor’s preference regarding the
release of the vendor’s submission by checking either “A” or “B” below. If the vendor
objects to the release of information, the San Antonio River Authority will request a
ruling on this matter. It will be the vendor’s responsibility to assert to the Attorney
General the proprietary nature of information and the vendor’s objection to the release.
A. [ ] I do not object to the release of my submission to a member of the public
upon the receipt of a request for the submission made under the Public
Information Act.
B. [ ] I object to the release of my submission to a member of the public made
under the Public Information Act. I will assert an objection to the Attorney
General if my submission is requested. I am enclosing the following:
1. One (1) CD or DVD that contains all information that vendor deems
confidential and/or proprietary marked “confidential”;
2. One (1) CD or DVD that contains all information that vendor deems
public marked “public”; and
3. A paper schedule documenting everything that vendor deems to be
confidential and/or proprietary. Each page that vendor deems
confidential must be stamped “confidential” in vendor’s submission.
The San Antonio River Authority (SARA) is not responsible for receipt of any Proposal
that is not labeled, packaged or delivered properly. If a vendor does not include the
materials requested in Item B. above, SARA will treat the vendor’s submission as a
public record subject to production under the Act.
By execution of this Addendum, vendor warrants and represents that all information
that it, in good faith and with legally sufficient justification, considers to be properly
excepted from disclosure under the Act will be clearly labeled as confidential upon
submission to SARA. Vendor’s signature further reflects that all documents submitted
and not marked “confidential” shall be considered to be public information. By submitting
a Proposal, vendor acknowledges and agrees that all information submitted by vendor
36
in response to this RFP that is not clearly marked as “confidential” information is public
information and may be fully disclosed by SARA without liability and without prior notice
to or consent of vendor or any of its subcontractors or agents.
Vendor further understands and agrees that, upon SARA’s receipt of a request for
vendor’s information, SARA will provide the requestor the information provided on
vendor’s “Public Information” CD or DVD. If vendor fails to submit its confidential and/or
proprietary information as described herein, SARA shall consider all of the information
to be public, and it will be released without notification to vendor upon receipt of a
request.
To the extent the public version of vendor’s Proposal contains protected materials,
vendor acknowledges that such protected materials may be disclosed, publically
displayed, published, reproduced and/or distributed by SARA pursuant to the Act, or as
otherwise required by law. Vendor warrants and represents that it owns, or has obtained
all necessary permissions with respect to the use of the protected materials and hereby
grants SARA an irrevocable, perpetual, non-exclusive, royalty-free license to display,
publish, reproduce, distribute or otherwise use the protected materials solely for the
purpose of compliance with applicable laws. Vendor shall INDEMNIFY AND HOLD
HARMLESS SARA, its trustees, officers, directors, employees, and contractors, as well
as any trust managed by SARA, from and against any claim of infringement of the
protected materials resulting from SARA’s use of the protected materials as set forth
herein.
Upon receipt of a request, SARA will submit only the information contained on Vendor’s
“Confidential and Proprietary” CD or DVD to the Texas Attorney General to issue a ruling
on whether the information is excepted from public disclosure. In addition, SARA will
provide a requestor with a copy of vendor’s “Public Information” CD or DVD upon
request.
It is vendor’s sole obligation to advocate in good faith and with legally sufficient
justification the confidential or proprietary nature of any information it provides to SARA.
Vendor acknowledges and agrees that SARA shall have no obligation or duty to advocate
the confidentiality of vendor’s material to the Texas Attorney General, to a court, or to
any other person or entity. vendor acknowledges and understands that the Texas
Attorney General may nonetheless determine that all or part of the claimed confidential
or proprietary information shall be publicly disclosed.
In addition, vendor specifically agrees that SARA may release vendor’s information,
including alleged confidential or proprietary information, upon request from individual
members for their own information, agencies or committees of the Texas Legislature
where needed for legislative purposes, as provided for in the Act, or to any other person
or entity as otherwise required by law.
UNDER PENALTIES OF PERJURY, I DECLARE THAT I HAVE READ THE FOREGOING
STATEMENT AND THAT THE FACTS STATED THEREIN ARE TRUE. I affirm under penalty
of perjury of the laws of the State of Texas that I am duly authorized to execute to sign
this statement on behalf of my Company listed below.
37
By: ___________________________________
(Printed Name)
______________________________________
(Signature)
Title: _________________________________
38
ATTACHMENT H
SIGNATURE PAGE
Keep the appropriate signature section and delete the others to execute and submit
with your proposal.
INDIVIDUAL or PROPRIETORSHIP
If DEPOSITORY SERVICES PROVIDER is an INDIVIDUAL or PROPRIETORSHIP, sign here:
Name: ___________________
Doing Business As: _____________________
PARTNERSHIP OR JOINT VENTURE
By signing below, the undersigned officer and/or agent of DEPOSITORY SERVICES
PROVIDER represents, warrants and certifies that he/she is an authorized representative
with full authority to bind DEPOSITORY SERVICES PROVIDER to the terms and
conditions provided for in its Proposal and required by this RFP and has the necessary
authority to execute a contract on behalf of DEPOSITORY SERVICES PROVIDER, if
awarded .
If DEPOSITORY SERVICES PROVIDER is a PARTNERSHIP OR JOINT VENTURE, at least
two (2) Partners or each of the Joint Venture must sign here:
Partnership or Joint Venture Name
By: ______________________
Member of the Partnership or Joint Venture
By: ______________________
Member of the Partnership or Joint Venture
CORPORATION
If DEPOSITORY SERVICES PROVIDER is a CORPORATION, the duly authorized officer
must sign as follows: The undersigned certifies that he/she is ______________
(title) of the corporation or limited liability company named below; that he/she
is designated to sign this Proposal Form by resolution (attach Certified Copy) for and
on behalf of the below named entity, and that he/she is authorized to execute same
for and on behalf of and bind said entity to the terms and conditions provide for in the
Proposal as required by this RFP, and has the requisite authority to execute a contract
on behalf of DEPOSITORY SERVICES PROVIDER, if awarded, and that the 11-digit
Comptroller's Taxpayer Number for the entity is: _______________________
(Company Name)
By:__________________ Title:___________________
ATTACHMENT I The average volumes are based on data shown on the hidden columns.
SAN ANTONIO RIVER AUTHORITY All items from curent bank are shown, if other fees are needed to provide the service
2017 please include every charge that would apply.
Include ALL fees required to provide the services proposed. Add categories as needed.
Historical Volumes by Month
Avg. Proposed Extended Bank Explanatory
Service Jan-16 Feb-16 Mar-16 Apr-16 May-16 Jun-16 Jul-16 Aug-16 Sep-16 Oct-16 Nov-16 Dec-16 Mo Vol. Fee Price Notes, if applicable
RELATIONSHIP AVG BALANCE 6,694,139 6,874,001 3,377,949 3,810,145 2,318,443 2,297,581 1,424,032 6,073,383 3,419,593 1,511,751 1,470,285 3,973,473 3,603,731
DISBURSING ACCOUNT AVG BALANCE 6,689,003 6,869,475 3,375,151 3,807,878 2,317,817 2,295,797 1,421,010 6,070,680 3,416,547 1,507,200 1,466,388 3,969,156 3,600,509
MERITAIN FLEX ACCOUNT 5,135 4,525 2,797 2,267 625 1,784 3,021 2,802 3,045 4,550 3,897 4,316 3,230
REGULATORY BALANCE FEE
ACCOUNT MAINTENANCE 2 2 1 1 1 1 1 1 1 1 2 2 1
ACCOUNT MAINTENANCE II (SUB ACCT) 1 1 1 1 1 1 1 1 2 2 1
ZBA SWEEP FEE
ZBA ACCOUNT TRANSFERS
DD MONTHLY MANTNENCE 1 1 1 1 1 1 1 1 1 1 1 1 1
CREDITS POSTED 34 28 41 24 22 31 26 19 20 31 37 41 30
ACH INCOMING CREDIT 37 41 49 33 38 29 23 25 36 38 25 37 34
DEBITS POSTED 164 168 188 187 229 228 190 216 176 201 213 195 196
ACH INCOMING DEBOTS 30 25 26 22 26 24 22 28 21 21 21 24 24
STATEMENTS RENDERED 2 2 4 4 4 4 4 4 4 2 3
STATEMENT ALL ITEMS REPORT ITEMS 249 250 293 250 298 292 254 276 237 274 286 281 270
AUTOMATED SERVICES
DD - DEPOSITED ITEMS 79 81 202 58 97 76 106 73 65 76 77 67 88
ONLINE INFORMATION REPORTING ITEMS 79 81 202 58 97 76 106 73 65 76 77 67 88
PREVIOUS DAY REPORTING 1 1 1 1 1 1 1 1 1 1 1 1 1
PREVIOUS DAY REPORTING ACCTS 2 2 3 3 3 3 3 3 3 3 3 2 3
PREVIOUS DAY REPRT DETAIL ITEMS 268 267 311 268 319 319 269 297 258 297 30 304 267
CURRENT DAY REPORTING 1 1 1 1 1 1 1 1 1 1 1 1 1
ONLINE TRANSFERS 3 2 4 4 4 4 4 5 4 5 4 4 4
ONLINE IMAGES 2 9 0 2 1 3 2 3 27 5
FINANCIAL EDI ITEMS 26 38 5 29 59 14 35 18 36 21 31 22 28
IMAGE ARCHIVE DISCS 1 1 1 1 1 1 1 1 1 1 1 1 1
IMAGE ARCHIVE ITEMS 148 148 173 166 214 208 176 200 150 180 201 168 178
DEPOSITS
ITEMS DEPOSITED
ON-US ITEMS DEPOSITED
OFF-US ITEMS DEPOSITED
DEPOSITED ITEMS RETURNED
DEPOSIT CORRECTIONS
BRANCH DEPOSIT ADJUSTEMENT
RETURN CHARGEBACK
RETURN RECLEAR
RETURN CLEAR MAINTENANCE
RETURN ITEM REDEPOSIT
RETURN ITEMS 1
RECLEAR ITEMS 1
Page 1 of 2
Avg. Proposed Extended Bank Explanatory
Service Jan-16 Feb-16 Mar-16 Apr-16 May-16 Jun-16 Jul-16 Aug-16 Sep-16 Oct-16 Nov-16 Dec-16 Mo Vol. Fee Price Notes, if applicable
REMOTE DEPOSIT
REMOTE DEPOSIT MO MAINT
CREDIT POSTED - REMOTE 11 10 12 8 9 12 14 14 11 11 12 13 11
REMOTE IMAGE DEPOSIT
ITEM STORAGE
REMOTE DEPOSIT CORRECTION
SCANNER MAINTENANCE
ACH
MO MAINTENANCE ACH
ACH BATTCHES PROCESSED
ACH ORIGINATION 1 1 1 1 1 1 1 1 1 1 1 1 1
ACH ORIGINATION ITEMS 763 776 952 855 810 1,105 823 793 841 788 1,105 807 868
ACH RETURNM ITEMS 1 5 1 1 1 2
NOTIFICATION OF CHANGE
ACH CREDITS RECEIVED
ACH DEBOTS RECEIVED
BLOCK AUTHORIZATION MAINT
ADA MAINTENANCE
ADA AUTHORIZED ID
ACH BLOCKING PAID REJECT ITEMS 5 6 5 5 6 5 6 5 5
POSITIVE PAY
POSITIVE PAY MO MAINTENANCE
POSITIVE PAY 137 137 160 156 204 194 160 185 137 167 187 154 165
POSITIVE PAY REJECTS 8 7 0 8 6 6
POSTITIVE PAY REJECT ITMES 1 5 1 5 5 2 5 5 6 5 1 8 4
POSITIVE PAY VOIDED CHECKS
CHECK EXCEPTION RETURN
TRANSMISSION
RECONCILIATION
FULL ACCT RECON ITMES 173 173 198 191 241 233 198 225 17 203 220 200 189
ARP VOID CANCEL
TRANSMISSION
TRANSMISSION DETAIL
STOP PAYS
STOP PAY MAINTENANCE
STOP PAY RENEWAL
STOP PAY ONLINE 1 1 1 1 1
WIRE TRANSFERS
WIRE MO MAINTENANCE
WIRES INCOMING DOMESTIC 21 14 10 7 7 15 11 4 3 21 24 12
WIRES OUTGOING DOMESTIC
ONLINE FOREIGN USD WIRES 1 0 1 1
ONLINE WIRE TRANSFER 5 14 12 10 12 18 13 13 14 13 11 22 13
WIRE TRANSFER STATEMENT 20 16 14 9 9 15 11 8 9 14 19 21 14
TEMPLATE STORAGE
SAFEKEEPING
CLEARANCE - CALLED BONDS 1 2 1 2 0 1
CLEARANCE - FED NON-ABS/MBS 3 1 1 3 2 2 2 0 1 1 1 2
CLEARANCE BNY NON ABS/MBS 3 1 2
CUSTODY MO MAINTENANCE 1 1 1 1 1 1 1 1 1 1 1 1 1
CUSTODY ASSETS PER $10M BE 1,397 1,348 1,400 1,400 1,400 1,250 1,399 1,349 1,373 1,397 1,397 1,247 1,363
CUSTODY FIXED INCOME RECEIPTS 31 30 36 28 27 27 29 28 31 30 31 30 30
CUSTODY INTEREST PAYMENTS 6 6 14 4 6 5 4 4 4 6 6 8 6
CUSTODY MATURITY PAYMENTS 1 2 10 2 0 11 1 1 2 1 1 2 3
CUSTODY LATE CHARGE 1 1 0
CUSTODY P/I PAYDOWNS 1 1 1 1 1 1 1 1 1 1 1 1 1
IMAGE LOCKBOX
LB MO MAINTENANCE
LB ITEMS
DATA TRANSMISSION MAIT
DTA TRANSMISSION
ENCODING
DATA CAPTURE
CHECK ONLY
NO CHECK MAIL
DEPOSITS CASH
CORRESPONDANCE
EXCEPTION ITEMS
MICR CAPTURE
SPECIAL HANDLING
REASSOCIATION
UNPROCESSABLE
DETAIL REPORT
LB CD
LB CD DETAIL
IMAGE DETAIL TRANSMISSION
OPTIONAL SERVICE
CHECK PRINTING
MO MAINTENANCE
FILE TRANSMISSION
TRANSMISSION PER ITEM
CHECK PRINTING
SAME DAY
NEXT DAY
SEPARATE DOCUMENT INSERTION
Page 2 of 2
ATTACHMENT J - HISTORICAL RATES
SAN ANTONIO RIVER AUTHORITY
Bank Name
Earnings Credit Rate (ECR)
Month/Year Rate Notes, if applicable
Mar-16 0.000%
Apr-16 0.000%
May-16 0.000%
Jun-16 0.000%
Jul-16 0.000%
Aug-16 0.000%
Sep-16 0.000%
Oct-16 0.000%
Nov-16 0.000%
Dec-16 0.000%
Jan-17 0.000%
Feb-17 0.000%
Current Rate: 0.000%
Interest Bearing Accounts
Month/Year Rate Notes, if applicable
Mar-16 0.000%
Apr-16 0.000%
May-16 0.000%
Jun-16 0.000%
Jul-16 0.000%
Aug-16 0.000%
Sep-16 0.000%
Oct-16 0.000%
Nov-16 0.000%
Dec-16 0.000%
Jan-17 0.000%
Feb-17 0.000%
Current Rate: 0.000%
Money Market Accounts
Month/Year Rate Notes, if applicable
Mar-16 0.000%
Apr-16 0.000%
May-16 0.000%
Jun-16 0.000%
Jul-16 0.000%
Aug-16 0.000%
Sep-16 0.000%
Oct-16 0.000%
Nov-16 0.000%
Dec-16 0.000%
Jan-17 0.000%
Feb-17 0.000%
Current Rate: 0.000%
Sweep Alternative(s)
Month/Year Rate Notes, if applicable
Mar-16 0.000%
Apr-16 0.000%
May-16 0.000%
Jun-16 0.000%
Jul-16 0.000%
Aug-16 0.000%
Sep-16 0.000%
Oct-16 0.000%
Nov-16 0.000%
Dec-16 0.000%
Jan-17 0.000%
Feb-17 0.000%
Current Rate: 0.000%