Banking, Treasury, and Cash Management Services
Key Dates
Due Date
-
Posted Date
-
Agency & Value
Agency
R2270
Contract Value
Not provided
Codes & Classification
Solicitation Number
IC-RFP-2026-001
NAICS
—
Classification Code
—
Additional Details
Integral Care, a state entity based in Texas, is seeking proposals from FDIC-insured financial institutions to deliver a comprehensive suite of banking, treasury, and cash management services. The procurement, identified as IC-RFP-2026-001, is designed to support Integral Care’s operational and financial needs through a robust set of services that include ACH and wire processing, positive pay, fraud prevention and incident response, and advanced reporting and integration capabilities compatible with Workday (specifically BAI2 and ISO 20022 formats). Additional requirements encompass support for virtual card programs, segmentation of grant and restricted funds via virtual or sub-accounts, lockbox and remote deposit capture (RDC) solutions, and options for short-term liquidity management.
The scope of this contract is broad, aiming to streamline and secure Integral Care’s financial operations while ensuring compatibility with its existing systems and workflows. The selected provider will be expected to deliver reliable, scalable, and secure solutions that address both day-to-day banking needs and specialized requirements such as grant fund management and fraud mitigation. Integral Care anticipates awarding a single contract, with an initial term of three years and the possibility of extending for up to two additional years, depending on performance and organizational needs.
Key deliverables include seamless integration with Workday for reporting, robust fraud prevention protocols, efficient processing of electronic payments, and flexible account structures to accommodate grant and restricted funds. The provider must also offer virtual card program support and liquidity solutions tailored to Integral Care’s operational profile.
Interested financial institutions must submit their responses by May 7, 2026, at 5:00 pm CDT. The procurement process includes an optional pre-bid conference window from April 2 to April 9, 2026, allowing potential bidders to clarify requirements and expectations. Questions regarding the solicitation are due by April 16, 2026, at 5:00 pm CDT, with Q&A and any addenda to be posted on April 23, 2026. Proposals must be submitted via email, consisting of one searchable PDF and an Excel pricing addendum (Attachment D). Integral Care reserves the right to award all or part of the services and may conduct a Best and Final Offer (BAFO) round with selected finalists.
The place of performance is Texas, and the opportunity is posted on the Texas SmartBuy platform, with further details and documents accessible at https://www.txsmartbuy.gov/esbd/IC-RFP-2026-001. Contractors evaluating this opportunity should ensure alignment with the specified banking and treasury service requirements, integration capabilities, and compliance with FDIC insurance standards. The contract is not explicitly set aside for any particular business classification, and no special considerations such as small business or minority business set-asides are noted in the provided information.
For further information, contractors should refer to the solicitation documents available on the Texas SmartBuy website and adhere to the submission instructions and deadlines outlined in the notice.
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