Banking Services

The Utah Valley University Banking Services Contract is a contract awarded to Wells Fargo for the provision of banking services to the university. The contract was awarded after a competitive RFP process, in which four vendors submitted proposals. The RFP evaluation committee evaluated the proposals based on criteria listed in the RFP document and conducted interviews/presentations with all respondents. The committee ultimately recommended awarding the contract to Wells Fargo based on their proposal and presentation. The scope of work for the contract includes the provision of commercial banking services for the university. Some key features of the contract include: • The contract was awarded through a competitive RFP process • The RFP evaluation committee evaluated proposals based on criteria listed in the RFP document • The committee conducted interviews/presentations with all respondents • The contract includes the provision of commercial banking services for the university • The contract was awarded to Wells Fargo, a reputable and qualified banking service provider.