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RFC No 2
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RFP No. 14-04-02 Banking Services
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RFC No 2
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Tuesday, May 06, 2014 <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br />Request for Clarification No. 2 <br /> <br />CITY OF SUNNY ISLES BEACH <br />Banking Services <br />CITY RFP NO. 14-04-02 <br /> <br />To All Bidders: <br /> <br />Bidders for the above-referenced project shall take note of the following changes, <br />additions, deletions, clarifications, etc. to the Plans and Specifications, which in <br />accordance with the Contract Documents shall become a part of and have precedence <br />over anything shown or described otherwise. <br /> <br /> <br /> Response to Questions: <br /> <br /> How many ACH Files is the City originating on a monthly basis? <br />Currently, none. Once ACH service is implemented, up to 10 files per month (1-2 <br />per week for vendor payments and every other week for ACH direct deposit). <br /> <br /> ACH Direct Deposit- Is the City using a 3rd party processor to process their <br />payroll files? <br />Yes, but will process in-house using Edmunds MCSJ payroll solution beginning <br />October 1, 2014. If not what is the current process? Will provide in-house <br />payroll process once determined. <br /> <br /> If the City is not using a 3rd party for payroll, how is the City sending the files to <br />the bank? NACHA or what other format? <br />Beginning October 1, 2014, the City will use a NACHA format. This standard <br />format is posted on the DemandStar site. <br /> <br /> Is the City uploading files to the banks ACH portal? <br />Currently, no. <br /> <br /> How many vendor payments is the city originating via ACH? <br />Currently, none. City issues approximately 350 checks per month; however, not <br />all vendor payments are expected to originate via ACH. <br /> <br /> Night Deposits- What types of deposits are being included in the bags <br />(cash/check)? <br />Both <br /> <br />
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