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
Date Issued: February 26th, 2026
Questions Due: March 9th, 2026
Offer Submission Deadline: March 24th, 2026
Award Notification: On or about April 30th, 2026
Initial Contract Term: July 1st, 2026 - June 30th, 2031
Potential Contract Extension: Through June 30th, 2033
QUESTION DEADLINE
Issuing Agency
Greenwood School District 50
Organization overview and procurement intelligence available on paid plans.
DESCRIPTION
The government authority in Greenwood, South Carolina seeks a vendor to provide comprehensive banking services. The selected banking institution will act as the central depository and manage four accounts: an Operating Account (for non-payroll disbursements such as wires, agency payments, and virtual payments), a Payroll Account as a Zero Balance Account (to be funded daily from the Operating Account), a Food Service Account (depository only), and a Pupil Activity Account. The bank must supply all deposit slips according to the District's design, with deposit slips for the Food Service Account requiring sub account coding to identify individual schools.
Online banking capabilities and monthly bank statements dated as of the last day of the month are required. Cross-referencing of transactions between the Payroll ZBA and the Operating Account must be clear. The institution must also provide evidence of 103% collateral on all District-maintained funds.
Source attribution
This Settle analysis is based on the issuing organization’s public RFP listing.