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Tenders are invited for Banking Services

August 20, 2014

Tenders are invited for Banking Services Des Moines Area Regional Transit Authority (DART) is the regional transit authority governed by a nine (9) member independent commission. DART%s service area includes the following communities: Alleman, Altoona, Ankeny, Bondurant, Carlisle, Clive, Des Moines, Elkhart, Granger, Grimes, Johnston, Mitchellville, Pleasant Hill, Polk City, Unincorporated Polk County, Runnells, Urbandale, West Des Moines and Windsor Heights. DART operates out of two facility locations and has 17 local fixed routes, 8 express routes, 2 flex routes and 3 On-Call zones. DART Paratransit provides both general public demand response transportation services well as ADA complimentary service. DART also has an extensive RideShare program that operates nearly 100 vans throughout the region serving over 700 customers. The population of Des Moines is approximately 200,000 and the regional metro service area has a population of approximately 580,000. About 4.5 million unlinked trips are provided annually. DART was formed under a 28E Governmental Agreement by state and local leaders out of the Des Moines Metropolitan Transit Authority in 2006. The change allows for the expansion of more regional services within the state of Iowa. The agency is a free-standing governmental entity and accounts for its activities in a governmental enterprise fund. The DART Commission is the governing body which establishes transit policy. The nine member Commission is composed of one representative for each of the seven Commission Districts and two members representing Polk County. The General Manager oversees the operation of the transit system in accordance with the policy direction prescribed by the DART Commission and is responsible for the overall administration of the fixed route, paratransit and rideshare services. At present, the General Manager is supported by an administrative staff of approximately 75 employees. There are approximately 200 employees represented by two labor unions. Consultants are retained as needed to provide specialized technical assistance. DART receives capital and operating assistance from a variety of sources, including the Federal Transit Administration (FTA) of the United States Department of Transportation, the State of Iowa, the Regional Transit Authority levy and a number of other fund sources. 2.2. PROJECT DESCRIPTION DART is seeking a single commercial bank to provide business banking services, including general checking and investment accounts, when funds are available; direct deposit, ACH debit and credit services; and other required services, as described below. The selected banking institution will be required to assume responsibility for all services offered in its proposal, whether or not it supplies them directly. Efficient, responsive customer service and a program to minimize and simplify fees while maximizing earnings will be strong considerations in se


Address : Des Moines Area Regional Transit Authority, 620 Cherry Street, Des Moines, Iowa. 50309-4530

Country :United States

Notice type : Tender Notice

Open date : 2014-09-14

Tender documents : T23495350.pdf

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Source: TendersInfo (India)

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