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Awarded contract·Utah Valley University·Utah

Banking Services

Won by Wells Fargo$1MSingle Award
Contract source

Awarded vendors

  • Wells Fargo

Description

This contract is for banking services to be provided to Utah Valley University. The university solicited proposals from qualified vendors and awarded the contract to Wells Fargo based on a evaluation of technical and cost factors. The contract is expected to provide the university with a robust electronic portal and capable services, as well as a dedicated account representative. Some key aspects of the contract include: • Customer service abilities • Security and electronic portal services • Implementation timeline • Qualification and expertise of staff and company The contract is likely to be of interest to vendors that provide banking services to higher education institutions.

Attached files

Key dates

Last updated

Details

Award type
Single Award
Procurement
Full and Open Competition
Industry
Financial Services
NAICS
522110
Solicitation №
RFP-2017-0239

Contract value

$1,000,000

The contract value is not explicitly stated in the contract document. However, based on the cost evaluation, it appears that the contract value is likely to be in the range of hundreds of thousands to millions of dollars, as the cost proposals were evaluated based on vendors' provided fees using an estimated annual volume based on fiscal year 2016 volume.

AI estimate from the award documents

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