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<br /> RFP 24-06-01 BANKING SERVICES 10 <br /> <br /> <br />SECTION 2 <br />SPECIAL TERMS AND CONDITIONS <br /> <br />2.1 PURPOSE OF REQUEST: <br /> <br />The City of Sunny Isles Beach, Florida, (the “City”) a municipality located in Miami-Dade County, <br />Florida, seeks to establish a contract with a State of Florida-qualified financial institution (herein, <br />“bank”, “firm” “proposer”) to provide full banking services for the City of Sunny Isles Beach, in <br />conjunction with the City’s needs. The objectives are to obtain the best banking services while <br />minimizing costs to the City, maximizing earnings, and avoiding unreasonable risks in full <br />accordance with the terms, conditions, and specifications contained in this Request for Proposals <br />(RFP). <br /> <br />The City will not review a proposal that submits the banking services and merchant services as <br />separate contracts nor sign contracts with separate entities for required banking services. <br /> <br />The Proposer must have adequate organization, facilities, equipment, and personnel to ensure <br />prompt and efficient services to the City. The City reserves the right before recommending any <br />award to inspect the facilities, organization, and financial condition, or take any other action <br />necessary to determine the financial institution’s ability to perform, in accordance with these <br />specifications, terms and conditions. <br /> <br />2.2 VIRTUAL NON-MANDATORY PRE-PROPOSAL CONFERENCE <br /> <br />A non-mandatory pre-proposal conference will be held on WEDNESDAY, JUNE 26, 2024 AT 11:00 <br />AM at virtually via Zoom, to discuss the special conditions and specifications included within this <br />solicitation. It is strongly recommended that Firms interested in proposing to this RFP attend the <br />meeting as a tool to be successful in responding to the City’s solicitation. <br /> <br />Zoom invite: https://us02web.zoom.us/j/82683511394 <br /> <br />2.3 MINIMUM QUALIFICATION REQUIREMENTS (MQRS) <br />1. Please read the MQRs to ensure the Firm meets these requirements prior to submitting a <br />response to this RFP. <br /> <br />2. All Minimum Qualification Requirements (MQRs) must be submitted with Firm’s response. <br /> <br /> 3. Firms that do not comply with MQRs may be determined non-responsive and disqualified. <br /> <br /> 4. Awarded firm will be required to maintain Minimum Qualification Requirement a and b <br /> during the term of the Contract and any Contract renewals. <br /> <br />a. The Proposer shall hold the proper license/qualifications to perform the Scope of Work <br />set forth within this solicitation to including but not limited to the following: <br /> <br />• Federal or State of Florida Charter Bank;