Banking Services

This contract awards banking‑service responsibilities for Richland County School District One to First Citizens for a five‑year period. The district will receive a range of banking functions—including account management, payment processing, and treasury support—under a fee‑evaluated arrangement rather than a fixed price. The award follows a competitive RFP process, and the district retains the right to protest within a 15‑day window. • Scope: Broad banking services for a public K‑12 school district. • Term: Initial one‑year period with extensions possible through a total of five years (July 9 2020 – July 8 2025). • Award: Sole‑source award to First Citizens; fee structure to be evaluated during negotiations, no disclosed dollar ceiling.