Fort Walton Beach Council agenda — 08-09-11 regular part 2 of 2 — reading text

MO ssedwoo tlAe9 - ltlSOdONd : luawyaetty N N O a 5. Pricing: Proposers must provide total annual costs on Exhibit A. Exhibit A must capture all annual costs and per item costs associated with providing banking services as detailed in the " Scope of Services" section of this RFP. In addition, the total cost from Exhibit A should be inserted on Exhibit B, under pricing. Prices for services not outlined in the " Scope of Services' section of this RFP should be provided on Exhibit C and not included on Exhibits A or B. Pricing is provided as requested.  saolAaaS BU14UBS M-L!, dd214o PaamV : 6Z£ L) ssedwo0 VA99 - IVSOdONd :luawyoellV NO a d Exhibit A W a Bank Name: BBVA Compass Annual EstimVolume ated Pcr Item Charge Annual Char e Account Maintenance 3 Waive Checks Paid 7, 000 Waive Depasits 3, 000 Waive Items Depomwd 62. 000 Waive st. e Pa menu 30 Waive Chan eOrders 1. 400 Waive Return Rums 150 Waive Rctum Items Rc- sired 150 Waive W he Trausfcn Waive Incomin 24 Waive Out pin 230 Waive ACH Tranwioos Waive Incomin 3. 060 Waive Outgoing 24, 454 Waive Bank Transfer between accounu 55 Waive Monlhl Servlcc Char Report 12 Waive CD- Romofcheckim cs 12 Waive Banking Su lies 2 ean d silsh s 750 waive 3 pan de rxitsli s 2, 000 Waive Chan corder furors 750 Waive Morey 500 Waive Locking BW ftyed the same) 37 Waive Addidonai eh Walu Electronic Bunkin Maintenance Waive Other COSts Waive Positive Pa' Smice Waive Classic Card $ 0. 00 Rebate Card $ 40 Credit Card Pote annually per card ATM Fees/ Revenue N/ A Any additional services not listed here would be open Other Cum to negotiation. Total Cost ofBanMn Services 0, 00 x83! 0S 6uque9 LLO- lL dd2111 premV : 6NO ssedwo0 VAE19 - IVSOd0Nd : IuawgoellV NN a vz Exhibit B a Servicc Comparison Worksheet Bank Name: BBVA Recnnncec Specify the cut- off time for daily deposit items 4 P. M. CST 5 P. M. CST Fri. Specify the cut- offtinte for acceptance ofACH file for same dey transmission B P. M CST Check the fallowing services available using electronic banking services: X View Deposit Items X View Paid Items X View Monthly Statement X View Account Balance X Initiate Wires X Initiate Stop Payments X Return Item Notification X Export date to Excel X Wire/ACH templates Provide the City with elecnonic images of checks cleared deposit items — Specify See Below 1 whether both arc available on CD or Online ( if0nline specify, lenRth oftime available) C See Below 2 specify ry to provide online security services with multi -tiered security access— ifyes, s eci number of levels available Interest earnings tied to a verifiable benchmark or index— Pleese specify benchmark 1 Month LIBOR and current rate Rat with floor of 0. 25% Current 1 Month LIBOR is 0. 18580 % so rate for City would be floor Of 0. 25% currently. Specify timelrame requirements for Positive Pay Services - i. e. Time exceptions See Below 3 report d to the City and time decision due to bank on except am Provi PRICING de estimated = us] interest earnings assuming quoted rare and-S] S aaverage monthly balance 3, 750 Provide total annual proposal costs from Exhibit A for all accounts including minimum SB. M nkm uiremenn costs and additional services costs Frovide estimated annual net earnings on accounts ( Annual Interest Earnings Tess nnual Pro osal Casts 1. Corporate customers can receive check images via our Compass e- Access Internet -based Cash Management system, or on CD -ROM. There are no volume limitations for Internet access or CD -ROM. Check images are retained on Compass e- Access for 120 days.  SO31maS Bul3ueg Ll0- 1, l dJH 10 PJemy : 6ZE l) ssedwoo VABG - _IVSOdONd quawyoelltl i N a ds aum 2. Compasse-Access utilizes 128 -bit SSL technology —the highest security level commercially available. This means that transmissions between your company and Compass Bank are encrypted and, therefore, remain confidential. In addition, the Corporate Administrator at your company sets up each user for functionality, transaction amounts and account access. Individual users maintain their own passwords that Compass Bank does not have access to, but can reset the customer' s password to allow the customer to rename their password on next login. Also, users must be successfully authentication through Dual Verification at enrollment. RSA tokens are required as additional authentication prior to originating Wire Transfers or ACH transactions. 3. All our sites have a single daily presentment of exception items at 9: 00 a. m. Central Time. Our information reporting systems have broadcast message capability to alert you of any exception items that have been presented. The response deadline for the customer' s pay / return decision is 12: 00 PM local time. as ( saalAiaS Bulyue8 LI()- 1 l dJN 10 PJRMV : 6Z£ t) ssedwoo VASS - IVSOdONd quawgoettV NC N a b Exhibit C u aN Bank Name: BBVA Compass The Bank wishes to take exception(s) to the following items: Page Item Estimated Costs VI11. 12. Insurance Compass Bank is a regional bank with over $60 billion in assets and is a wholly owned