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Awarded contract·City of Allentown·Pennsylvania

Financial Services

Won by TD Bank, N.A.$1MSingle Award
Contract source

Awarded vendors

  • TD Bank, N.A.

Description

The City of Allentown is seeking a qualified financial institution to provide state-of-the-art banking and cash management services. The contract includes the provision of an automated accounts payable solution and purchasing card/credit card services. The award was made to TD Bank, N.A. after evaluation of proposals using the criteria identified in the RFP. • The contract is for financial services, including banking and cash management • The City requires a full-service banking institution with the capacity to provide all banking requirements • An automated accounts payable solution and purchasing card/credit card services are also required • The contract was awarded to TD Bank, N.A. after evaluation of proposals • The City of Allentown is an equal opportunity employer

Attached files

Key dates

Last updated

Details

Award type
Single Award
Procurement
Full and Open Competition
Industry
Financial Services
NAICS
522110
Solicitation №
2023-19

Contract value

$1,000,000

The value of the contract is not explicitly stated, but based on the scope of work, which includes banking and cash management services for the City of Allentown, it is likely to be a significant amount. The City's budget for such services could be in the range of hundreds of thousands to millions of dollars per year, depending on the City's financial transactions and requirements.

AI estimate from the award documents

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