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Awarded contract·City of Olathe·Kansas

BANKING, MERCHANT, AND PROCUREMENT CARD SERVICES

Won by BMO Financial/M&I Bank +6 more$250kMultiple Award
Contract source

Awarded vendors

  • BMO Financial/M&I Bank
  • Commerce
  • Equity Bank
  • First National Bank of Omaha
  • First National Bank of Olathe/Enterprise Bank
  • UMB
  • U.S. Bank

Description

The City of Olathe is requesting proposals from institutions qualified to provide banking, merchant, and procurement card services. The RFP is divided into three sections: banking services, merchant services, and procurement card services. The city reserves the right to split the award between institutions offering the best overall solution in each category. • The proposal submission date was August 17, 2011. • A pre-bid conference was held on August 1, 2011. • The city received proposals from seven institutions. • The evaluation process may take longer than anticipated due to the large number of responses.

Attached files

Key dates

Last updated

Details

Award type
Multiple Award
Procurement
Full and Open Competition
Industry
Financial Services
NAICS
522110
Solicitation №
3701JM

Contract value

$250,000

The value of this contract is not explicitly stated in the document. However, based on the scope of the services required, it can be estimated that the contract value is likely to be in the range of $100,000 to $500,000 per year, depending on the number of transactions and the fees associated with each service. This estimate is rough and may vary depending on the actual services provided and the rates negotiated with the selected institution.

AI estimate from the award documents

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