Banking and Depository Services
Overview
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SUMMARY
KEY REQUIREMENTS
CONTRACT DURATION
TIMELINE
Issue RFP: July 12th, 2026
Return of Acknowledgement of Receipt Form: July 17th, 2026
Deadline to submit Questions: July 23rd, 2026
Response to Written Questions: July 30th, 2026
Submission of Proposal: August 11th, 2026 at 3:00 PM MDT
QUESTION DEADLINE
CONTACTS
Primary procurement contact — name, title, email, and phone
Additional decision-makers and their departments
Issuing Agency
Sandoval County
DESCRIPTION
A government authority in Bernalillo, New Mexico is seeking a qualified financial institution to provide comprehensive banking and depository services. The scope includes core banking functions as well as related treasury support needed for the authority’s day-to-day financial operations.
Required services include courier and lockbox services, support for activities associated with the County’s online property tax payment account, and acceptance and processing of ACH and other payment transfers from both external and internal sources for the primary bank. Lockbox services are specifically required during the first half of the agency’s property tax collection period.
The selected provider must also offer online, real-time internet banking capabilities, including user maintenance and administration with password reset functionality, account summaries, transaction reporting and analysis, and the ability to perform domestic wires, book transfers, and stop payments. Additional responsibilities include receiving and counting all cash delivered to the bank, supplying coin and currency as needed, and providing safe deposit services for off-site storage of the agency’s microfilm tax roll archives at the nearest available branch or facility.
Questions regarding the solicitation must be submitted no later than July 23, 2026.
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Frequently asked questions
- When is the submission deadline?
- Submissions are due August 11, 2026. Questions must be submitted by July 23, 2026.
- Who issued this RFP?
- It was issued by Sandoval County. The work is located in Bernalillo, New Mexico, United States.
- Who is a good fit for this opportunity?
- Commercial bank or financial institution with public sector banking experience
- Proven capabilities in depository, treasury management, and lockbox services
- Experience supporting property tax payment processing and ACH transactions
- Robust online banking platform with real-time reporting and transaction controls
- Capacity for cash handling, courier coordination, and coin and currency supply
- Local or nearby branch/facility presence able to provide safe deposit storage services
Analysis generated by Settle AI from the source RFP.
RFP Hunter shows what is open. Settle shows what is forming.
Settle pieces together buyer signals, budgets, contract activity, and the sources your team already monitors. See why an opportunity fits and what to do before the RFP posts.