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

—Banking Services, RFP is -oil Submitted on June 28, 2oii by: BBVA Compass BBVA Compass Jeff Dunford Kathryn Ellis City President Treasury Management Officer 198 Elgin Parkway NE 321 Bel Air Blvd. Fort Walton Beach, FL 32548 Mobile, AL 36606 850- 796- 4107( Office) 252- 470- 7428( Office) 850- 243- 2635( Fax) 251- 470- 7329( Fax) ieff. dunfordQ bbvacompass. com kathryn ellis(a)bbvacomp_ass. com IBBVA Compass  saah+aS BuPlueg Ll0- ll d=IU to pJUMV c 6Z£ 0 ssedwoo VA99 - -lVSOdONd nuawgaellV Mv Proposal for Banking Services for City of Fort Walton Beach Request for Proposal - Banking Services, RFP 11 -017 Submitted on June 28, 2011 Table of Contents Transmittal Letter Tab 1 General Information Tab 2 Pricing Tab 3 ExhibitA- Pricing Exhibit B- Service Comparison Worksheet Exhibit C- Exception(s) Sheet Qualifications Tab Qualified Public Depository Certificate 9 Bank's Audited Financial Statements- Annual Reportsfor2009 and 2030 Response to Scope of Services Tab 5 i Implementation Project Plan Y AvoilabilitySchedule Bank' s Business Visa Credit Card and Merchant Services Proposal Tab 6 '.. Standard Forms Tab 7 i Proposers Certification 1 Addendum Page References i Drug -Free Workplace Form Public Entity Crime Farm l3I3VACompass  seoiniOS 6ui)iueg LLO - L L dJM Je PJgMV ; 6Z6L) ssedwoO VA88 - IVSOdOUd : 3uawyaeLLV m N NV a Yu a, a ( saolnaS BUISue9 LtO- 1 l d,48 Jo prevV : 6Z£ 0 ssedwoO VA99 - IVSOdO2d auawyneAV nN BBVA Compass a Ya aN June 28, 2011 Ms. Helen Spencer City Clerk City of Fort Walton Beach 107 Miracle Strip Parkway, SW Fort Walton Beach, FL 32548 Dear Ms. Spencer: BBVA Compass is very pleased to respond to the City of Fort Walton Beach' s request for proposal for banking services. With the submission of this response to the RFP, BBVA Compass is expressing our strong interest in being a financial partner with the City. It is our goal to demonstrate that we can provide a full array oftreasuty management and financial services. We believe you will find our response to be complete, comprehensive and competitive. BBVA Compass recognizes that to be successful, not only must we provide all ofthe services and solutions to your treasury management needs, but we most also provide quality service. We are committed to providing the City with superior customer service and progressive technological solutions. f Consistent with the Request for Proposal, BBVA Compass agrees: The contract will be for the period of three ( 3) years with an option to renew for two (2) additional three ( 3) year periods for a maximum of nine ( 9) years. Renewals will be based on mutual agreement with negotiated changes,, BBVA Compass is a " Qualified Public Depository" under the Florida Security for Public Deposits Act ( Chapter 280 of the Florida Sumnes) at the time of the proposal and maintain this status throughout the life of the contract. The City requires three ( 3) Municipal NOW business accounts. Compass Bank agrees to provide the following required services. Certain, briefproduct descriptions follow in the body of the proposal. Wire Transfer Services ACR Services Web -based electronic banking services Online security that provides for multiple tiered security access CD ROM ofcheck images Return item re- deposit ACH Services Designated Account Executive Workplace Banking for City employees, retirees, Council Members, and Charter Officers Optional banking services to include: Electronic Check Presentment Positive Pay City Credit Card services  saauaaS Btullue8 LIO- II ddH to paemV : 6ZE0 ssedwoo VA88- IVSOdOHd quawt40e11V a mN a l• Credit Card Processing Ya.u ti Under our proposal the City would:- PAY NO SERVICE CHARGES if a minimum of $750,000 is maintained a non -interest bearing account. EARN A RATE OF I• MONTH LIBOR FLAT WITH A FLOOR OF 0.14% WITH NO RESERVES ON THE PUBLIC FUNDS INTEREST- BEARING ACCOUNTS. ALL BANK SUPPLIES OUTLINED IN THE RFP WILL BE PROVIDED AT NO COST. THE BANK IS OFFERING AN ENHANCED AND DISCOUNTED ARAN OF PERSONAL BANKING SERVICES FOR THE STAFF AND EMPLOYEES OF THE CITY. If awarded the contract, we would look forward to demonstrating how we can add value to your operations through our consistent commitment to listen, understand and respond. Sincerely, 1 teffDU rd Kathryn Ellis City President, Fort Walton BacA Vice President Commercial Banking, BBVA Compass Treasury Management Services, BBVA Compass see body of Proposal for full details.  saOlmOS 6uihueg L W- L L dJU io pJemy : 6ZE0 ssedwoO yg88 - ldSOdONd luawyoeRV m( aN H V a Ym aum  saOWDS BuIMUES Lt0 -tt d: IN 10 PJemy: 6Z£ t) ssed - oo VA88- ltlSOdONd quawyOeRV a 0N a Ym aYR REQUEST FOR PROPOSAL 11. 017 BIDDER' S ACKNOWLEDGEMENT FORM RFP 11 - 017 City of Fort Walton Beach Bankjn Services Posting Date — May 26, 2011 Purchasing Contaet Paul Eubanks, Purchasing Agent 850- 833- 9523/ peubanksP fwb.or Upening, Date & Time June 28, 2011, 2: 30 PM, CST Opening Location Main Conference Room, City Hall 107 Miracle Strip PIM, SW Submission Information, Citv Clerk Proposals must be sealed and reference the 107 Miracle Strip Pkwy, SW RFP Number, Title, & Opening Date & Fort Walton Beach, FL, 32548 Time on the outside envelope The City of Fort Walton Beach, Florida solicits your company to submit a proposal on the above referenced goods or services. All terms, specifications, and conditions set forth in this request are incorporated by reference in your response. Proposals will not be accepted unless all conditions have been met. All proposals must have an authorizing signature in the space provided below. The City is not responsible for lost or late delivery of bids by any delivery service used by the Bidder. Proposals may not be withdrawn for a period of ninety ( 90) days after the RFP opening unless otherwise specified. THE WINNING PROPOSER SHALL BE REQUIRED TO PROVIDE A COPY OF PERFORMANCE BONDS PRIOR TO START OF THE CONTRACT. The following must be completed, signed, and returned as part of your proposal. Proposals will not be accepted without this form, signed by the authorized agent of the bidder. Company Name 88VA Compass Mailing Address 198 Elgin Parkway NE City, State, Zip Ft. Walton Beach, FL 32548 Telephone Number: SSO- 243 -3148 Far Number: 850. 243. 2635 Email: jeff.dunfordEObbvacompass. com How did you find out about this RFP? I agree to abide by all Terms & Condi ' as of this RFP and certify that I am authorized to sign this RFP B,i d Signature . f. V, i Name EF iIL— u Y., IJrt! Fo,  s921ni056ul4ueg Lio- tt ddM Jo preratl: MO 9sedW03 yAgg- WSOdOMd 7uaw43euy N a a I. PURPOSE: This Request for Proposal seeks information to enable the City to vYu a select the most qualified fine to provide the highest quality banking services to the City at the lowest cost to the taxpayers. The City will