Request for Proposal for Banking Services

The Will County Treasurer will consider proposals from respondents who are qualified commercial banks, credit unions, and non-bank companies (collectively “Financial Institutions”) and are approved county depositories as of March 1, 2018.  Banks and credit unions must comply with the Will County Treasurer’s Investment Policy.

This Request for Proposal (RFP) is an invitation for Financial Institutions to submit proposals to the County Treasurer.  It is not to be construed as an official and customary request for bids, but as a means by which the County Treasurer can facilitate the acquisition of information related to the purchase of services.  Any proposal submitted as provided herein constitutes a suggestion to negotiate and is not a bid.

Timeline

The dates are subject to revision or cancellation by the County Treasurer at his discretion.

  • March 1, 2018 – Release of RFP
  • March 30, 2018 – Closing Date for all Questions: 4:30 PM Central Time
  • April 20, 2018 – Final Date for Receiving Proposals, 4:30 PM Central Time
  • June 13-15, 2018 – Call Back Meetings for Finalists
  • June – Contract Awarded
  • July – Implementation Begins
  • May 1, 2019 – Go Live Date

Proposal Submission

Please submit a signed original and five (5) paper copies.  Paper copies should be submitted in a sealed envelope, clearly identified as:

Proposal for Banking Services

Attention: Brian McDaniel
Will County Treasurer’s Office
302 North Chicago Street
Joliet, IL 60432

Proposals must be received no later than 4:30 PM Central Time, April 20, 2018.

Download the complete Will County Merchant Service RFP 2018.