27MISC6, Banking and Direct Deposit Services

The intent of this RFP to solicit sealed technical and cost proposals from qualified firms to establish a contract(s) for banking services for Frederick County Public Schools (FCPS).

The services to be provided include depository, disbursement, payroll direct deposit, investments, custodial, etc. FCPS reserves the right to award these services in whole or in part to any vendor.

It is FCPS’ intent to achieve the most productive use of cash, minimize operating costs, safeguard assets and provide maximum flexibility in the management of cash.

The services to be provided include depository, disbursement, payroll direct deposit, investments, custodial, etc. FCPS reserves the right to award these services in whole or in part to any vendor.

**Submission method:** FCPS is accepting electronic bid submissions through OpenGov Procurement. Bidders can create a FREE account with OpenGov Procurement by signing up at https://procurement.opengov.com/signup.

**Proposal due:** 2:00 P.M., local time, November 20, 2026. Bids will be opened and publicly read on Microsoft Teams.

BONDS REQUIRED: NO

MBE REQUIREMENTS: NO

All Frederick County Public School vendors and or contractors interested in bidding on FCPS projects must register at eMaryland Marketplace Advantage www.procurement.maryland.gov.

All proposals submitted shall be irrevocable for a period of 120 days following the proposal due date.

TENTATIVE AWARD DATE: BOE Work Session, scheduled on: January 20, 2027.