Overview
Fit Score
Settle Intelligence
Settle helps teams find, evaluate, and respond to public RFPs. We continuously surface new opportunities, score them against your company strengths, and draft proposal responses so you can focus on the work that wins business.
SUMMARY
KEY REQUIREMENTS
BUDGET
EstimateCONTRACT DURATION
TIMELINE
Solicitation Publication Date: February 25th, 2026
Pre-Bid Meeting: March 10th, 2026 at 9:30 a.m. Central Time
Question Deadline: March 13th, 2026 at 2:00 p.m. Central Time
Bid Deadline: March 31st, 2026 at 2:00 p.m. Central Time
Implementation Setup Completion Target: September 15th, 2026
Contract Services Commencement: October 1st, 2026
Contract Termination: September 30th, 2031
QUESTION DEADLINE
Issuing Agency
Pace, The Suburban Bus Division Of The Regional Transportation Authority
Organization overview and procurement intelligence available on paid plans.
DESCRIPTION
The government authority in Illinois is seeking a vendor to provide comprehensive banking services aimed at improving operational efficiency through the use of technology and internet resources. The selected vendor will assign a dedicated Account Manager to serve as the primary liaison with Pace and ensure the implementation of internet banking access for functionalities such as wire initiation, internal transfers, ACH processing (debit and credit), supervisory control over security access levels, and the ability to review and print monthly statements.
A central depository account will be established for handling the bulk of banking operations, including incoming and outgoing wire and ACH transactions, lockbox deposits, remote deposit capture (RDC) deposits, internal transfer initiations like ZBA funding, and cash deposits from divisions. The contract is planned for a five-year term. Key dates include a pre-bid meeting on March 10, 2026 and a deadline for submitting questions by March 13, 2026.
Source attribution
This Settle analysis is based on the issuing organization’s public RFP listing.