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State University of New York (SUNY)·New York

Banking Services

Closes 12/8/2026$2.5M – $15MRequest for ProposalLogin required
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Description

State University of New York at Stony Brook, its Stony Brook Foundation and Faculty Student Association (which shall be referred to collectively as “University” unless specifically identified otherwise) is seeking a banking services partnership in order to maximize University resources and fulfill a regional need. We are asking banks to submit a comprehensive proposal offering the highest quality of service and enhancements to improve our current management of cash flow. We are also interested in various technological initiatives that could improve our banking, cash management, and customer service capabilities. The banking institution submitting the proposal must be a bank, national bank or trust company chartered in New York as per NYS Banking Laws as further described herein. Proposals must be in accordance with SUNY at Stony Brook 26/27-006MC and attached exhibits. In order to access the bid documents, you will need to register your company on our web-based solution powered by Jaggaer: https://bids.sciquest.com/apps/Router/PublicEvent?CustomerOrg=SUNY Business enterprises awarded an identical or substantially similar procurement contract within the past five years: C002729 JP Morgan Chase NA Service-Disabled Veteran-Owned Business (SDVOB) SDVOB Goal: 0.00% Minority / Women Business Enterprise contracting goals (MWBE) MBE Goal: 0.00% WBE Goal: 0.00% Disadvantaged Business Enterprise contracting goals (DBE) DBE Goal: 0.00%

Attached files

The solicitation documents live at the source — open the bid source above to download them.

Contact

Jessica Ridge(Contracts Officer)

[email protected]

(631) 632-2121

Key dates

Opened
10/20/2026
Closes
12/8/2026
Duration
5 years

Last updated

Details

Type
Request for Proposal
Industry
Financial Services
NAICS
522110
Solicitation №
26/27-006MC

Budget estimate

$2,500,000 – $15,000,000

The solicitation does not disclose a dollar value. Based on typical university‑wide banking service contracts of this scope—a five‑year term covering cash management, treasury, and technology integration—the total contract could range from a few million dollars to low‑double‑digit millions. Assuming an annual spend of $0.5 M to $3 M, the five‑year contract would be approximately $2.5 M to $15 M. Factors influencing the final amount include the breadth of technology solutions, transaction volume, and negotiated service fees.

AI estimate from the solicitation

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