Request for Proposal
Depository and Banking Services
The Gallia-Vinton Educational Service Center (ESC) invites qualified local financial institutions to submit proposals to be designated a public depository for the providing of basic banking services within the specifications of the ESC Governing Board. Proposal forms may be obtained by request at the Office of the Treasurer, Gallia-Vinton Educational Service Center, P.O. Box 178, Rio Grande, OH 45674 or by calling (740) 245-0593. Written proposals must be received by 12 Noon on November 7, 2016 at which time the bids will be opened. Deliver bids to the Office of the Treasurer, Room 131, Wood Hall, 60 Ridge Avenue, Rio Grande, OH 45674 on the University of Rio Grande campus. Applications are to be sealed, endorsed across the seal, and state Application for Deposit of Public Monies.
The estimated aggregate maximum amount of public funds subject to the control of said Board of Education to be awarded and be on deposit as active is One Million Five Hundred Thousand ($1,500,000) dollars. The probable maximum amount of active deposits of public monies subject to deposit therein at any time during the period of designation will be Five Million ($5,000,000) dollars.
The designation of depository for the period January 1, 2017 to December 31, 2021 shall be made at the regular Governing Board meeting on November 9, 2016.