Project Information

Bid Title

RFP26008 - ETSU Foundation Banking Services Addendum 1

Issuing Agency

East Tennessee State University

Location

Tennessee

Published Date

Jun 9, 2026

Closing Date

Jun 18, 2026

Government Level

State & Local

Status

Closed

Original Source

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Bid Documents

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Project Description

RFP26008 - ETSU Foundation Banking Services Addendum 1

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RFP 26008

East Tennessee State University

June 9, 2026

RFP 26008 Foundation Banking Services

Addendum One (1): Question and Answers

1. Attachment 6.5 item A.4 asks for a copy of the most recent audit report. Is it acceptable

for us to provide a link or does the complete audit need to be printed and included.

Answer: Preferred is to have a digital copy on a usb drive, secondly a link. No need to

submit paper version.

2. Attachment 6.10 vendor application. Can you confirm we are already registered as a

vendor with ETSU. Since we currently do business with ETSU we believe we are but want

to confirm if we need to complete the vendor registration. Answer: You are registered,

we kindly request the form be completed as part of the bid packet, so we have most

current information.

3. How we can communicate earnings credit rate and deposit rates. See below.

Page 8 states:

3.3.3 Each Proposer shall ONLY record the proposed cost exactly as required by the Cost

Proposal and Evaluation Guide and shall NOT record any other rates, amounts, or information.

See Section C.4 of Attachment 6.4 for instruction on providing additional/optional cost rates.

Attachment 6.4 doesn’t have a section C.4. Is there a form we need to use with the cost

proposal to communicate this information or are we allowed to include this information

on an additional page? Answer: On Attachment 6.6.D.1, you can provide that

information in the most applicable section.

4. Below is copied from Original RFP Table of Contents, however there are No Attachments

provided for:

6.4 RFP Requirements Answer: pg 34

6.5 Tech Proposal & Evaluation Guide (Section C missing in the form), rather you

provided Attachment C with questions & requirements. Answer: 6.5.C is after page 46.

Will ETSU correct the Evaluation Guide Form Section C and provide an amendment to

this RFP as stated in 1.7.3? Answer: Section 6.5 has all the points assigned for each

question.

5. Is the current deadline for the RFP 26008 of 6/18/2026 at 2pm fluid with extension

options or is this a hard date and time? Answer: Unfortunately, this is the due date.

6. Will there be an RFP coming for the full banking for the University as well this year, and

if so, is there a date in mind? We are looking to prepare our internal team. Answer: Yes,

this solicitation is open now RFP 26007, posted on ETSU website/purchasing/bids.

RFP 26008

East Tennessee State University

June 9, 2026

7. Page 51 lists the average 12 month balances as $11,308,561.00. Is this correct or does

this column need to be corrected to show $942,380.08 as the average 12 month

balance? Answer: the monthly average ledger balance should reflect $942,380.08.

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