BANKING SERVICES

1.1 Schedule of EventsThe projected schedule of events for this Request for Proposals is as follows: Issue Date of the RFP .................................................................. April 13, 2023 Optional Telephone Conference, 10:00 a.m. ....................................................................................................... May 10, 2023 Questions and requests for clarification or information must be received, via pgw.procureware.com, by 1 p.m............... May 15, 2023 Procureware registration deadline ................................................ Not later than 3 business days before Proposal Submission Due DateProposal Submission Due Date - Proposal must be received, via pgw.procureware.com as required by Section 3.1.2, by 2:30 p.m. .................................................................................. June 22, 2023 Notification Date ............................................................................ August 17, 2023 Contract Start

Date ....................................................................... As soon as possible after contract negotiation and executionThe optional telephone conference is scheduled for 10:00 a.m. on May 10, 2023 to answer questions and requests for clarification. Proposers who choose to participate via conference call should dial as follows: (267) 857-3813 Phone Conference ID: 240 227 654#These dates are estimates only and PGW reserves the right to alter this schedule as it deems necessary or appropriate. General Requirements: PGW requires ten accounts in total. These accounts consist of one master account that funnels money in and out of seven Zero Balance Accounts (ZBA), five of which are check disbursing accounts that combined account for 12,200 checks issued annually, a stand-alone account that issues between 600 – 700 checks annually, and another stand-alone account that has 4-5 deposits/credits and 4-5 debits per month. Deposit Services: Check Processing – PGW deposits approximately 20,000-20,500 checks via Remote Deposit Capture (RDC) and approximately 839,500- 840,000 checks via Image Cash Letter (ICL) per year. Cash Deposits – PGW does not require this service. Cash Purchases: PGW requires an estimated 8 – 12 deliveries of coin and currency annually that average $5,000.00 per delivery. Paper Disbursement: PGW issues approximately 12,200 checks annually and we cannot convert to ACH (Automated Clearing House) payments or card at this time. PGW requires the following paper disbursement services:positive pay services including payee positive pay service with online transmission of check details positive pay exception item review and correction online online cancel and stop payment serviceselectronic archival of cleared checks (image of front and back) for 10 yearsonline access to cleared check images for 10 yearsfile transmittal to PGW detailing all monthly activity, including a month end outstanding list for each check disbursing account Electronic Transfer of Funds: PGW requires the following electronic funds services: accept and send ACH transactions ACH debit activity totals 138 per month on average and ACH credits activity totals 140 per month on averagefull reporting of ACH addenda information on prior day reportsACH debit blocking and filtering services a secure electronic method for initiating wire transfersFedwire Funds Transfers- As follows:Incoming Wires – 1 to 3 per monthOutgoing wires – 13 to 15 per monthOutgoing Wires DB – 9 per montha secure electronic method for initiating intra-bank transfersoverdraft protection Lockbox Processing: PGW requires no lockbox processing services at this time. Reporting: PGW requires the following reporting services: access to daily reports of balances and transaction information, including prior and current day reporting of ledger balance, and summary and details of credits / debits postedonline balance reporting servicesan estimated twenty employees with different levels of authorization to access the firm’s online reporting systemfull account reconciliation services for disbursementsonline monthly activity statements and reports for all accounts detailed monthly account analysis statement for each individual account and a consolidated statement showing charges for all account servicestransaction research for all credits, debits and return items for all accounts updated daily Bank Balances: PGW requires the following services:a competitive earnings credit rate on uninvested balances an overnight investment sweepinterest paid on account balances in demand deposit accountsmoney market account(s) with assets in excess of $15 billion having the highest ratings from Moody’s, S&P, and Fitch, and contain only government securitiesfunds are insured or collateralized Please include a completed Attachment C Proposal Questionnaire relating to the scope of your services with your response. Number 35047 Title BANKING SERVICES Available Date 4/13/2023 4:00 PM Clarification Deadline 5/15/2023 1:00 PM Due Date 6/22/2023 2:30 PM Contact Information JESSICA.BROWN@PGWORKS.COM PROCUREMENT@PGWORKS.COM Bid Type RFP