Banking Services

Project Description: Norfolk Redevelopment and Housing Authority (the “Authority”) is seeking proposals from qualified Service Providers to provide various Banking Services for the Authority. Service Providers must be prepared to provide the accounting and reporting software necessary to meet the requirements of the Authority. The Virginia Security for Public Deposits Act, and the Virginia Code Section 2.2-4400 through 2.2-4411, establishes requirements for public depositories. Offerors must meet these requirements.
Proposals are requested from Service Providers with offices located within the City of Norfolk to provide various banking services that will permit the Authority to effect maximum flexibility in managing its cash.
Award may be made to more than one Banking Institution for the services requested. A Service Provider may submit an offer on: Section IV paragraphs A through E or E, alone. Any other combination will be deemed non-responsive.