Request for Proposals for Banking and Investment Services
Contract Overview
Solicitation details, issuing organization, response deadlines, documents, and interested companies for this government contract opportunity.
AI Contract Overview
The Ohio Air Quality Development Authority (OAQDA) is soliciting proposals from financial service partners to provide comprehensive banking, trust, and investment services. The objective is to establish a financial infrastructure that supports operational liquidity, maximizes earnings on cash, and manages both short-term and long-term reserves while prioritizing the safety of principal. The selected partner must provide an operating account for daily transactions and a sweep account or cash pooling system for automated fund concentration. All services must be performed within the United States and strictly adhere to the OAQDA Investment Policy and Ohio Revised Code Chapters 135 and 3706. Eligible respondents must hold an active Ohio Governmental Contractor license, be registered with the SEC, and meet Ohio public depository requirements, including participation in the Ohio Pooled Collateral System and compliance with the 105% collateralization threshold. Proposals are limited to 15 pages and must be submitted in PDF format via email by 12:00 pm ET on December 14, 2026. Evaluation will be based on the proposal deemed most advantageous to the Authority, with mandatory disqualification for any failure to demonstrate compliance with Ohio law or the Authority's investment policy. The Authority anticipates selecting one institution, though it reserves the right to award contracts to multiple entities or allow the primary partner to utilize additional investment service providers.
General Info
Place of Performance
OH, USASet-Aside
Timeline
Response Deadline
Organization & Contact Information
Full Description
While this RFQ is posted, the Authority will entertain written requests for information and respond in a reasonable timeframe. These questions and answers will be posted on the Authority’s website related to this RFQ: https://ohioairquality.ohio.gov/procurementThe Ohio Air Quality Development Authority (the Authority) is issuing this Request for Proposals (RFP) for Banking and Investment Services. If you wish to submit a response to this RFP, please observe the following requirements:1. The response must provide the information requested (see Section 3. Proposal Requirements & Format). Responses to the RFP are limited to 15 pages, not including the cover page, table of contents, or exhibits. The Authority may request more detailed information regarding any proposal submitted.2. Your proposal must be delivered to the Authority in a PDF Format via email to contact@example.gov, by 12:00 pm (ET), on Monday, December 14, 2026. The subject line should contain the Project Name as outlined below.3. The Authority will entertain written requests for additional information in connection with this RFP. Any such request should be sent by e-mail and directed to:Ohio Air Quality Development AuthorityATTN: OAQDA Banking and Investment Services RFP – [Institution Name]contact@example.gov responses to requests for additional information will be posted on the Authority’s website (www.ohioairquality.ohio.gov) by the close of business on November 24, 2026. The Authority will respond only to requests seeking specific information regarding the RFP. The Authority will not respond to requests seeking an indication of the Authority's preferences or intentions. In addition, the Authority reserves the discretion to decline to respond to any request.4. It is the policy of the Authority to provide an equal opportunity to all qualified applicants who respond to the RFP. To achieve this, the Authority will take affirmative steps to administer this process without regard to race, sex, religion, disability, age, color, national origin (including limited English proficiency), or other protected status, and to base all decisions on valid selection criteria. Unlawful discrimination against qualified applicants is strictly prohibited.5. Responses to the RFP and requests for additional information are the property of the Authority. They will be considered “public records” subject to disclosure pursuant to the Authority’s records policy and Ohio law. Potential respondents are advised that the Authority will not sign non-disclosure or confidentiality agreements.6. The Authority anticipates the selection of one financial institution, who may partner with additional investment services providers or provide all services themselves.
Banking and investment
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