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Treasurer pauses county banking RFP amid procedural concerns; consultant stands ready to run process

5507084 · July 24, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

The treasurer said the county will not move forward this year with a banking request-for-proposal until legal clarifies whether the usual procurement process should apply; Cash management consultant 3 Plus 1 has prepared an RFP and will proceed when cleared.

The county treasurer told the finance committee she will not continue the banking request-for-proposal process this year until county legal clarifies whether the RFP must follow standard county procurement routing through the commissioners’ office. The treasurer said the banking relationship is department-driven and that her office must lead vendor evaluation and recommendations.

3 Plus 1 (a cash-management consultant) and the treasurer’s office have prepared an RFP and supporting materials, and the consultant said they…

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