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City of Georgetown·Texas

Merchant Card Processing Services

Closes 8/31/2026$200k – $500kRequest for Proposal
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Description

The City of Georgetown is seeking qualified vendors to provide merchant card processing services for its various departments. The scope includes processing credit/debit card transactions, providing reporting, and optionally supporting alternative payment platforms. Vendors may propose full‑service solutions or partial services, and the City is open to both banking institutions and fintech companies. The contract will be awarded to the proposer that best meets the functional, technical, and cost criteria outlined in Exhibit A. • Services: transaction authorization, settlement, reporting, and customer support. • Delivery: electronic submission via the City’s e‑bid system; no on‑site integration required. • Mandatory pre‑proposal conference (non‑mandatory attendance) on July 29, 2026. • Proposal deadline: August 24, 2026, 2:00 PM CT. • Questions due by August 7, 2026. • The City may accept partial proposals and alternative platform options. • No federal funding involved; contract governed by standard service agreement.

Attached files

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

Contact

Veronica Ferriz

[email protected]

Key dates

Opened
7/22/2026
Questions due
8/7/2026
Pre-bid meeting
7/29/2026
Closes
8/31/2026

Last updated

Details

Type
Request for Proposal
Industry
Financial Services
NAICS
522320
Solicitation №
202653 Addendum 2

Budget estimate

$200,000 – $500,000

Based on typical municipal merchant processing contracts, the annual processing volume for a city of Georgetown’s size (≈ 30,000 residents) could generate a contract value in the low‑to‑mid six‑figure range. Assuming a fee structure of 1.5‑2.5 % of transaction volume plus a fixed service fee, the total award could be roughly $200,000 to $500,000 per year. Larger fintech firms may bid higher for added features, while smaller banks may target the lower end.

AI estimate from the solicitation

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