Banking Services and ATM Installation for City Buildings

The City of Somerville is seeking proposals for banking services and ATM installation with an estimated contract completion date of August 31, 2029.

City of Somerville, MA


General
Open
47661
Jun 24, 2026 06:00 PM
Jun 10, 2026 03:27 PM
3 years
Request for Proposal (RFP)
Local
Contact
Cameron Moriarty
cmoriarty@somervillema.gov
93 Highland Avenue, Somerville, MA, USA
Submission Instructions
Online
Description

The City of Somerville is soliciting proposals for comprehensive banking services and the installation of Automated Teller Machines (ATMs) within city buildings. This opportunity aims to enhance financial accessibility and services for city employees and residents. The contract period is for three years, commencing on or about September 1, 2026, and ending on or about August 31, 2029. Proposals are due by 2 PM EST on June 24, 2026.

Classification Codes
NAICS522110Commercial Banking
PSCR711Banking Services(includes accepting and cashing government checks and other payment instruments, accepting direct deposits, accepting payments to the government from the public)
Smart Codes
municipal banking servicesatm installationfinancial transaction processing
Specifications
Service Only
Timeline
Jun 10, 2026 12:00 PM-RFP Issued
Jun 17, 2026 12:00 PM-Questions Due Date
Jun 24, 2026 12:00 PM-Proposals Due
Jul 01, 2026 12:00 PM-Anticipated Contract Award
Sep 01, 2026 12:00 PM-Estimated Contract Commencement Date
Aug 31, 2029 12:00 PM-Estimated Contract Completion Date
Requirements
Required
  • General Liability — $1,000,000.00
  • Cyber Liability — $1,000,000.00
  • Workers Compensation
  • Employers Liability
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