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This Solicitation opportunity from South Carolina was posted on July 1, 2026. The submission period has ended. Browse the details below for market research, or find similar active opportunities.

RFP Banking Services Charleston Water System

Closed
2153State & Local

Contract Overview

Solicitation details, issuing organization, response deadlines, documents, and interested companies for this government contract opportunity.

Active Opportunities Like This One

NAICS: 522110
SLED
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POSTED

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DEADLINE

in 20 days
NAICS: 522110
SLED
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NAICS: 522110
SLED
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Solicitation # RFP-08042026-DES
The South Carolina Education Lottery (SCEL) is soliciting proposals for comprehensive banking and treasury-related services from qualified, FDIC-insured financial institutions authorized to operate in South Carolina. The selected contractor will be responsible for administering seven separate bank accounts, providing general demand deposit services, managing Zero Balance Accounts (ZBA), and acting as both an originating and receiving depository financial institution for ACH entries. Key requirements include the ability to centralize funds for overnight interest earning indexed to the Average Federal Funds Rate and the establishment of collateral to secure deposits exceeding FDIC insurance limits in compliance with state law. To ensure operational control and public trust, the winning institution must maintain a physical presence in Columbia and a branch network throughout the state. The contract is structured for an initial three-year term with four optional one-year renewals, allowing for a maximum duration of seven years, with an estimated start date of December 14, 2026. Evaluation will be based on a price-blind process where technical proposals are scored before pricing is considered, and the award will be granted to a single offeror. Applicants must submit a technical proposal, a business proposal, and a redacted copy via USB drive by September 30, 2026. Furthermore, offerors must demonstrate strict adherence to security and confidentiality standards, including compliance with the Gramm-Leach-Bliley Act, the USA Patriot Act, and the Sarbanes-Oxley Act, and must provide a completed Service Provider Security Assessment Questionnaire.
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POSTED

27 days ago

DEADLINE

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AI Contract Overview

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The Charleston Water System is soliciting banking services through a Request for Proposal with the intent to establish a five-year contract, supplemented by two one-year renewal options, to support its financial operations in South Carolina. The solicitation seeks financial institutions capable of delivering cost-effective, innovative banking solutions that address evolving cash management needs and leverage technological advancements. Respondents are expected to demonstrate a clear understanding of public sector financial challenges and present actionable strategies for improving current practices, with the contract performance location firmly situated within South Carolina. The solicitation number is 2153, posted on July 1, 2026, with proposals due by July 30, 2026, and the point of contact for inquiries is Kay Kelly at kellyk@charlestoncpw.com. The NAICS code for this procurement is 522110, indicating it falls under the category of depository credit intermediation. Although the solicitation references a Request for Qualifications (RFQA) structure in some associated documentation, the official title and context clearly align with a procurement for banking services, not engineering work, and the required submissions are expected to focus on financial capability, innovation, and service delivery rather than technical engineering qualifications. Supporting documentation includes a Project Manual updated to Version 2 and a set of required fillable PDF forms such as the Information of Bidder and Non-Collusion affidavit, which bidders must complete and submit electronically. The procurement does not specify line items, pricing structures, or evaluation weightings, indicating a focus on qualitative assessments of the provider’s approach, experience, and capacity to modernize financial operations. No detailed contractual clauses, inspection protocols, or payment terms are provided in the available data, and while some referenced materials appear to pertain to unrelated projects bearing the same solicitation number, the official metadata and description govern this specific banking services procurement.

General Info

Charleston Water System seeks five-year banking partnership with innovative, cost-effective cash management solutions for public sector.

Agency

South Carolina → Charleston Water SystemView Agency

NAICS

522110 - Commercial BankingView NAICS

Place of Performance

SC, USA

Set-Aside

NONE

Documents

(0)

No documents available

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Timeline

PhaseClosed
Posted

Solicitation

Response Deadline

Deadline has passed

Submission Closed

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Organization & Contact Information

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AgencySouth Carolina → Charleston Water System
Contacts1 person available
OfficeN/A
Organization / Agency
South Carolina → Charleston Water System
View Agency Profile
Office AddressN/A
Contacts

Full Description

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CWS's issuing this RFP for banking services to enter a 5yr contract with 2-one-yr options to renew. Respondents shall demonstrate the financial institution's cost effective and innovative approach to banking needs, address the changing demands of the future, present opportunities for improving current cash mgt practices & technological advances.

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Miguel
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Keith Deutsch
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