Project Information

Bid Title

Banking Services

Issuing Agency

Norfolk Redevelopment & Housing Authority

Location

Virginia

Published Date

Mar 26, 2025

Closing Date

Apr 14, 2025

Government Level

State & Local

Status

Closed

Ref. #

PR2383--383-25

Original Source

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Project Description

Project: Banking Services

Ref. #: PR2383--383-25

Type: RFP

Status:

Open

Open Date: Mar 12th 2025, 4:00 PM EDT

Intent to Bid Due Date: Apr 14th 2025, 3:00 PM EDT

Questions Due Date: Apr 7th 2025, 2:00 PM EDT

Close Date: Apr 14th 2025, 3:00 PM EDT

Project Description: Norfolk Redevelopment and Housing Authority (the “Authority”) is seeking proposals from qualified Service Providers to provide various Banking Services for the Authority. Service Providers must be prepared to provide the accounting and reporting software necessary to meet the requirements of the Authority. The Virginia Security for Public Deposits Act, and the Virginia Code Section 2.2-4400 through 2.2-4411, establishes requirements for public depositories. Offerors must meet these requirements.
Proposals are requested from Service Providers with offices located within the City of Norfolk to provide various banking services that will permit the Authority to effect maximum flexibility in managing its cash.
Award may be made to more than one Banking Institution for the services requested. A Service Provider may submit an offer on: Section IV paragraphs A through E or E, alone. Any other combination will be deemed non-responsive.

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