Posted Date : March 06,2020
Product (RFP/RFQ/RFI/Solicitation/Tender/Bid Etc.) ID : BANKING-2132
Government Authority located in Knoxville, Tennessee; USA based organization looking for banking services including treasury management and portfolio investment services.
[A] Budget: Looking for Proposals
[B] Scope of Service:
(1) Vendor needs to provide banking services including treasury management and portfolio investment services to the government authority located in Knoxville, TN.
-Master Revolving Fund- receives over‐the‐counter deposits (cash, checks and money orders),
wire transfers, ACH transactions and intra‐bank transfers and disburses payments (checks, wire
transfers, and ACH transactions),
- As business needs and best practices evolve, will open additional accounts and close accounts during the contract period,
- portfolio investment services which include a designated account manager who will provide investing strategies (through a financial institution) that meet HUD’s guidelines,
- Banking and investment services providers to continuously and fully (100%) secure ALL cash and investment assets of the agency in accordance with agency policy, which mirrors general depository agreement,
- Marketability of the investment if the investment needs to be liquidated before maturity—Sale
of securities prior to maturity should be avoided due to the inherent risk,
- Diversification of the investment portfolio,
- Provide information on any other services that might be beneficial and cost‐effective to KCDC in improving operational cash management or investment management efficiencies (i.e. purchasing cards, controlled disbursement, safekeeping, account reconciliation and electronic payments (a listing of fees is required for any additional service).
(2) All question must be submitted no later than March 27, 2020
[C] Eligibility:
Onshore (USA Only)
[D] Work Performance:
Performance of the work will be Offsite. Vendor needs to carry work in their office location.
Budget :
Deadline to Submit Proposals: April 03,2020
Cost to Download This RFP/RFQ/RFI/Solicitation/Tender/Bid Document : 5 US$
![]()
Product (RFP/RFQ/RFI/Solicitation/Tender/Bid Etc.) ID : BANKING-2132
Government Authority located in Knoxville, Tennessee; USA based organization looking for banking services including treasury management and portfolio investment services.
[A] Budget: Looking for Proposals
[B] Scope of Service:
(1) Vendor needs to provide banking services including treasury management and portfolio investment services to the government authority located in Knoxville, TN.
-Master Revolving Fund- receives over‐the‐counter deposits (cash, checks and money orders),
wire transfers, ACH transactions and intra‐bank transfers and disburses payments (checks, wire
transfers, and ACH transactions),
- As business needs and best practices evolve, will open additional accounts and close accounts during the contract period,
- portfolio investment services which include a designated account manager who will provide investing strategies (through a financial institution) that meet HUD’s guidelines,
- Banking and investment services providers to continuously and fully (100%) secure ALL cash and investment assets of the agency in accordance with agency policy, which mirrors general depository agreement,
- Marketability of the investment if the investment needs to be liquidated before maturity—Sale
of securities prior to maturity should be avoided due to the inherent risk,
- Diversification of the investment portfolio,
- Provide information on any other services that might be beneficial and cost‐effective to KCDC in improving operational cash management or investment management efficiencies (i.e. purchasing cards, controlled disbursement, safekeeping, account reconciliation and electronic payments (a listing of fees is required for any additional service).
(2) All question must be submitted no later than March 27, 2020
[C] Eligibility:
Onshore (USA Only)
[D] Work Performance:
Performance of the work will be Offsite. Vendor needs to carry work in their office location.
Budget :
Deadline to Submit Proposals: April 03,2020
Cost to Download This RFP/RFQ/RFI/Solicitation/Tender/Bid Document : 5 US$