RFP- Banking Services

Agency:	Wor-Wic Community College
State:	Maryland
Type of Government:	State & Local
Posted Date:	Feb 16, 2026
Due Date:	Mar 13, 2026
Original Source:	Please Login to View Page
Contact information:	Please Login to View Page
Bid Documents:	Please Login to View Page

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Request for Proposals For:

Banking Services

for

WOR-WIC COMMUNITY COLLEGE

and

WOR-WIC COMMUNITY COLLEGE

FOUNDATION

32000 Campus Drive

Salisbury, MD 21804

All Proposal responses must be received prior to 2:00pm local time on March 13, 2026.

IMPORTANT: Your response may be considered Not Responsible or Non-Responsive if any portion of

this inquiry is not complete. No proposal will be accepted after the date and time stated above.

Allison Canada, CPPO, C.P.M.

Executive Director of Business Support Services

NOTICE: Prospective Offerors who have received this document from a source other than the executive director of business support

services should immediately go to the Wor-Wic Community College purchasing website to ensure that they have received the

complete documents and any addenda or other communications issued in relation to this RFP. A firm’s failure to monitor the website

may result in non-receipt of important information prior to the closing date and may result in rejection of a proposal. A prospective

Offeror who fails to monitor the Wor-Wic Community College website assumes complete responsibility in the event that they do not

receive communications from the executive director of business support services prior to the closing date.

TABLE OF CONTENTS

RFP Schedule …………………………………………………………….…………….….....3

Section 1: General Information………….. .…………………………………..….……...…...4

Section 2: Scope of Work ……………………………………………...…………..……..…7

Section 3: Instructions to Proposing Firms ……………………………………………..…11

Section 4: Submittal Format ……………….…….….….……………………..…………...14

Section 5: Price Proposal ………………………………………………………………..…19

Section 6: Required Submission Documents………………………………..……………....21

Section 7: Terms and Conditions………………….……………………………….……..…34

Exhibit A: Investment Policy

Exhibit B: Estimated Monthly Transaction Volume

TENTATIVE TIME FRAME FOR PROCESS OF CONTRACTOR

SELECTION, CONTRACT AWARD AND INITIATION

The schedule for the proposal process is shown in the table below. Dates currently

established for selection of contractor, contract award and contract initiation dates are

included.

NOTE: OFFERING FIRMS ARE HEREBY ADVISED THAT THESE DATES ARE

SUBJECT TO CHANGE AS COLLEGE OFFICIALS DEEM APPROPRIATE AND

NECESSARY FOR PROPER FULFILLMENT OF THE INTENTIONS OF THE

PROPOSAL PROCESS.

Feb 13, 2026 Notice to Bidders published on eMaryland Marketplace Advantage, Bid

Locker and the College’s website.

Feb 27, 2026 Deadline to submit questions to acanada@worwic.edu

Mar 6, 2026 The College will issue an Addendum answering all questions.

Mar 13, 2026 Deadline to submit proposals, prior to 2:00pm.

Mar 23, 2026 Short-listed firms will be invited for oral presentations.

Apr 8-10, 2026 Oral presentations, dates and times to be determined.

Apr 20, 2026 Price proposals due, upon request.

May 15, 2026 Contract award.

July 1, 2026 Services begin.

Section 1: General Information

A. Wor-Wic Community College and the Wor-Wic Community College Foundation, Inc. are

requesting proposals for comprehensive banking services. The contract period will be for

five (5) years, with the sole option of the College and Foundation to extend for an

additional five (5) year period based upon satisfactory performance.

B. This solicitation implies no obligation on the part of the College and Foundation. The

College and Foundation reserve the right to accept or reject any and all proposals in whole

or in part, or to waive any technicality it deems in the best interests of the College and

Foundation.

C. The sole point of contact for this solicitation is: Allison Canada, Executive Director of

Business Support Services, email: acanada@worwic.edu Under no circumstances are

firms, including third party firms or their staffs, to contact other College staff, faculty, or

any related constituency for purposes associated with the RFP, including but not limited to,

obtaining or providing information unless specifically noted herein. Firms failing to comply

with this requirement will be disqualified.

D. Copies of this RFP and related addenda can be obtained from eMaryland Marketplace

Advantage (EMMA) and the college’s website. In order to download the RFP and Addenda,

all interested firms must register as a vendor with eMaryland Marketplace Advantage on the

website https://procurement.maryland.gov Bidders assume the responsibility of

downloading these documents and all addenda from this website prior to submission of

their response. Wor-Wic Community College assumes no liability for damages incurred

directly or indirectly as a result of errors, omissions, discrepancies, unauthorized

modification of electronic data, errors in transmission, HTML browser incompatibilities,

and other aspects of electronic communications that are beyond the College’s control. Firms

are encouraged to check EMMA on a regular basis for updates on this project. Addenda

and additional information oftentimes get posted within 48 hours prior to the submission

date.

E. This Request for Proposals and any resulting contract shall be governed by the Education

Article of the Annotated Code of Maryland. Any contract as a result of this RFP will be

governed by the laws of the State of Maryland. The awarded contractor shall at all times

observe and comply with Federal, State of Maryland and local laws, ordinances, orders,

codes and regulations and the articles and provisions of the Building Code(s) existing at

the time of or enacted subsequent to the execution of a contract which in any manner

affects the firm’s ability to perform contractual requirements.

F. Non-Performance of Work: Work will be considered incomplete or unsatisfactory when

any one of the following conditions exists:

a. The work was not performed in strict accordance with the RFP and Scope of Work.

b. The work was not performed within the allotted time frame.

c. The work as required by the RFP and Scope of Work was not entirely completed.

The above is not exhaustive of all conditions that determine non-performance of work.

Determination of non-performance of work may be grounds for the contractor’s termination

from the contract and/or withholding payments.

G. In the event the performance of work or services from this Request Proposal are delayed by

causes beyond the control of and without the fault or negligence of the Contractor, the

College shall have the option to:

a. Terminate the Contract, or

b. Extend the time of the performance. No financial compensation will be awarded for

the time extension.

c. Upon termination of the contract for default, the College may pay the Contractor for

satisfactory performance of the services and/or delivery of the goods, less the

amount of damages caused by the default, all as determined by the College in its

sole discretion. If the damages exceed compensation, then the College may pursue

any and all remedies available under this section as well as any remedies at law or in

equity.

H. Any changes made to this Request for Proposal as a result of time delay shall be in writing.

In the event that the time for performance on this Contract is extended beyond the term

provided for, all the other terms and conditions shall remain in full force and effect.

I. The contract may be in the form of a purchase order(s) and any and all related contract

documents, to include, but not limited to, the College’s RFP, the firm’s Proposal, any and

all subsequent correspondence; all required submittals, i.e., certificate of insurance, bonds,

etc. as well as any other documents which may be required and mutually agreed upon and

negotiated by the College and the awarded contractor. The Proposal, addenda and

submittals required as a part of the Proposal evaluation process, will become an integral

part of the final contract. Should there be any conflict between these specifications and the

final contract document, the specifications contained herein shall take precedence.

J. Payment Schedules

a. Payment will be made upon receipt and acceptance of completed services by the

College and Foundation or as agreed upon by the College and Foundation, and

awarded contractor.

b. The College and Foundation are exempt from Maryland State Sales and Use Taxes.

This tax exemption does not extend to the successful firm. Each firm must

determine its own tax status.

K. By submitting a response to this solicitation, the firm shall be deemed to represent that it is

not in arrears in the payment of any obligation due and owing the State of Maryland or the

United States of America, including the payment of taxes and employee benefits and that it

shall not become so in arrears during the term of the contract if selected for contract award.

L. Notice to Proceed: After the contract has been executed and all required documents

received, the College will issue to the awarded Contractor a “Notice to Proceed”. Pending

This page summarizes the opportunity, including an overview and a preview of the attached documents.

Bid Title	Pre-Bid Meeting	Bid Due Date	Addendum(s)
RFP- Banking Services	n/a	prior to 2:00 pm on March 13, 2026

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