Savings Bank Government Bids & RFPs

Proposals must be submitted by 10:00 a. m. CST, October 23, 2026. Proposals submitted after the above deadline will not be accepted.

Payment terms are net 30 days. Cogs standard payment terms for services are net 30 days.

Evaluation criteria include fees (30%), operational requirements (20%), transition (15%), scope of services (15%), assigned representative experience (15%), financial strength (5%), and compliance (5%). the city is not required to choose the lowest offer.

Proposers must be eligible financial institutions with a deposit-taking branch in Galveston County, Texas. confirm that the bank has a deposit-taking branch in galveston county, texas.

Protests must be submitted in writing within three working days. the protest will be submitted in writing to the cogs purchasing division within three working days after such aggrieved person knows of, or should have known of the facts giving rise thereto.

Proposals not submitted by the deadline or not accompanied by required completed and signed originals will be rejected as nonresponsive. any proposals that are not submitted by the submittal date, or that are not accompanied by the number of completed and signed originals by this rfp, will be rejected by cog as nonresponsive.

Proposals must be received no later than 5:00 p. m. eastern time on October 1, 2026, sealed proposals must be received no later than 5:00 p. m. eastern time on october 1, 2026

The base loan structure requires monthly principal and interest payments.

Selection will be based on the proposal determined to provide the best overall value and serve the city's interests.

A responsive proposer must be a bank, credit union, savings association, or other regulated financial institution authorized to conduct the proposed business in florida.

The base proposal must permit prepayment without penalty, premium, yield maintenance, makewhole amount, minimum interest, or other charge.

Written questions must be sent to the city manager at ***@***. *. * by 5:00 p. m. eastern time on September 22, 2026. written questions must be sent to the city manager at ***@***. *. * by 5:00 p. m. eastern time on september 22, 2026.

A proposer may be disqualified if its authority, condition, or capacity is not adequately established.

The city requests pricing for two alternatives: an 800, 000 loan alternative and a 1, 000, 000 loan alternative.

Proposals are due no later than Monday, August 31, 2026, at 10:00 AM. Proposals are due no later than monday, august 31, 2026 at 10:00a. m.

The lease will be triple net, meaning the lessee is responsible for all costs, expenses, and obligations related to the property, including construction, alterations, maintenance, repairs, utilities, taxes, and insurance, in addition to base rent. all payments of rent shall be absolutely net to the town so that this lease shall yield to the town the specified rent herein specified in each year during the term of the lease free of any taxes, assessments, charges, impositions or deductions of any kind charged, assessed or imposed on or against suite 100.

The town has made no representations or warranties of any kind regarding the leased space. the town has made no representations or warranties of any kind with respect thereto

The lease will be awarded to the proposer submitting the most advantageous proposal, determined by the town based on comparative criteria including proposed use, compatibility, alterations, proposed payments, property management experience, and financial capacity. the town reserves the right to award the contract to the proposer whose proposal is determined by the town, based upon the comparative criteria in this rfp, to be the most advantageous proposal.

Proposals must meet all submission requirements and minimum criteria, including having the capacity, integrity, and reliability to perform under the lease. the proposer has the capacity, integrity and reliability to perform under the lease.

Sample submission is not required. sample submission is not required

False or misleading information regarding any material matter can lead to rejection of the proposal or termination of the agreement if discovered after award. false or misleading information regarding any material matter shall be grounds of rejection of the proposal or, if discovered after the award, shall be subject to termination of the agreement.