INTRODUCTION

The City of Naples (the “City”), is currently seeking proposals from qualified public depositories in accordance with Florida Statute 280.17 who are interested in providing comprehensive banking services to the City. The City intends to select one financial institution to deliver the services described herein. The objective of the City is to secure the most efficient and effective banking services while maintaining sufficient liquidity and protection of the City’s funds. The City may award a contract to the best service provider with innovative ideas, which may not be the low Respondent. The City reserves the right not to award some or all of the services contemplated herein.

It is the cites goal/desire to award one banking contract for all banking services outlined in the RFP.

However, the City reserves the right to award P-Card services separately into two separate banking services agreements.