Bank Reconciliation Services

The purpose of this Request for Proposals (“RFP”), issued by the Virginia Department of the Treasury (“Treasury”), is to solicit proposals to provide bank reconciliation services. Treasury’s expectation is that this RFP will result in the establishment of a contract, or contracts, that will provide the means to satisfy the majority of the immediate and future bank reconciliation needs.Alliances among Suppliers are acceptable to meet the requirements of this procurement. However, Treasury is interested in simplifying processes by having a single point of interface wherever possible.

The Commonwealth encourages all Suppliers to bring innovative ideas and/or solutions to government—ideas that result in cost and operational efficiencies or improvements while enhancing the services that governments provide its citizens. For the purposes of this RFP, the following definitions shall apply:“Administrative Appendix” means an attachment to the RFP that serves an administrative purpose relating to the RFP process; specifically, a document that will assist in the review of the proposal but not become an Exhibit to the resulting contract“Amendment” means a material change to this RFP that requires Supplier acknowledgement; see Table 2 in Section 5 of this RFP for instructions.“eVA” means the Commonwealth’s procurement portal located at http://www.eva.virginia.gov“Exhibit” means an attachment to the RFP that will become an exhibit to the resulting contract only upon award. Certain of these Exhibits are to be populated by Supplier as part of its response to this RFP; see Table 2 in Section 5 of this RFP for instructions.“Supplier” or “Offeror” means any entity that submits a proposal in response to this RFP.