HomeMy WebLinkAboutMemo 577,7,:?,11,7•PnL17,2V7recniuNI7Y,,,,',"T FrokrwrIrrtfCgrigglET'','A
CITY OF MIAMI. FLORIDA
INTEROFFICE MEMORANDUM
17
TO
FROM
Honorable Mayor and Members
of the City Commission
DATE:
SUENtEGT
REFERENCES:
EFtpLOStMES-.
September 28, 2001
Approving the Findings of
the Evaluation Committee
for RFP #00-01-162
FILE :
RECOMMENDATION
It is respectfully recommended that the City Commission approve the findings of the
Evaluation Conunittee for Request for Proposal (RFP) No. 00-01-162 for Banking
Services; and to authorize the City Manager to enter into negotiations with the
recommended firms in rank order.
BA CKGROIJND
On July 13, 2001, RFP No. 00-01-162 was issued with responses due to the Office of the
City Clerk by August 27, 2001. Three (3) proposals were received, and throe proposals
were found to be responsive and in accordance with the terms set by the RFP.
Two meetings (September 7, 2001 and September 27, 2001) were held by the RFP
Evaluation Committee to review and evaluate the ptoposals. The proposals were evaluated
based on the Proposer's a) Qualifications and Experience; b) Ability and Capability to
Perform Required Services; c) Corporate Conununity Commitment; d) Fees for. Services;
and e) Minority/Women Participation. The results of the Committee's findings in order of
results from the proposer with the highest point awarded to the least are as follows:
1) First Union Bank
2) Bank of America
3) Sun Trust
It is the recommendation of the Evaluation Committee that the City Manager negotiate with
the highest ranked proposer, and in the event negotiations are not successful, proceed to
negotiate with the second ranked proposer. If negotiations are unsuccessful, then the
corruni recommends that a new RFP be issued for banking services.
CAG/RJN/K/PC/dg