The Financial Information Services Agency and the Office of Payroll Administration (“FISA-OPA”) seeks a qualified commercial bank (Designated Bank approved by NYC Banking Commission) to provide payroll banking and related services for the City of New York payroll operations as outlined in the attached RFP (PIN: 1312022BNKRFP).
A Pre-Proposal Conference will be held on February 1, 2023 at 11:00 A.M. via Webex. Attendance at the conference is voluntary, but strongly recommended. The Pre-Proposal Conference call-in number and meeting number (access code) will be provided to vendors who register by email with the Authorized Contact Person at BankRFP@fisa-opa.nyc.gov by January 27, 2023. Additional details concerning vendor registration will be provided via email at a later date.
All proposals are due on March 2, 2023 at 1:00 P.M. and must be submitted in accordance with the instructions specified in Section IV of the RFP.
Download the following documents in PDF:
Payroll Banking and Related Services RFP Pre-Proposal Conference Vendor Attendee List
Payroll Banking and Related Services RFP rev 3.6.2023 for OPA & CityRecord
Addendum No. 1 to the Payroll Banking and Related Services RFP
Addendum No. 2 to the Payroll Banking and Related Services RFP
Addendum No. 3 to the Payroll Banking and Related Services RFP
Addendum No. 4 to the Payroll Banking and Related Services RFP
Addendum No. 5 to the Payroll Banking and Related Services RFP
The RFP is also available for download, at no cost, from The City Record On-Line (CROL) at http://www.nyc.gov/cityrecord.
Any communications or questions concerning this RFP must be sent to the Authorized Contact Person at BankRFP@fisa-opa.nyc.gov. No other FISA-OPA, or City of New York employee, or Contractor is authorized to respond to inquiries or otherwise discuss this RFP.
The NYC Office of Payroll Administration, in collaboration with the Mayor's Office of Operations (together, "the City"), is requesting Statements of Qualification from financial institutions willing to provide a free checking account to City employees, when such employees opt to receive direct deposit of their net pay into such checking account.
Three copies of the response to this Request for Statements of Qualification ("RFQ") must be submitted and should be addressed to:
Aamer Parvez
Agency Chief Contracting Officer
NYC Office of Payroll Administration
5 Manhattan West, 4th Floor
New York, NY 10001-2633
A response to this RFQ may also be submitted electronically (up to a capacity of 10 MB) by emailing to Aamer Parvez at aparvez@fisa-opa.nyc.gov with the subject heading "RFQ re NYC Employee Direct Deposit Program."
There is no deadline for submission of a response to this RFQ. The City will accept responses on a rolling basis.
Questions regarding this RFQ submitted in writing to Aamer Parvez at aparvez@fisa-opa.nyc.gov with the subject heading noted above, will be answered within ten (10) business days of receipt.
Download Requests for Statements of Qualification for NYC Employee Direct Deposit Program (in PDF).
Local Law 40 of 2011 requires agencies to post certain memoranda of understanding and similar agreements ("MOUs") entered into among governmental agencies.
OPA has not identified any covered MOUs or similar agreements to date. Please check back for future updates.
The Commuter Benefits Program contract was awarded to Edenred Commuter Benefits Solutions LLC. The initial term of the contract is five (5) years, from January 18, 2019 to January 17, 2024, with two (2) three (3) year options to renew at the City’s sole discretion at the same terms and conditions as the underlying contract.
The current provider for the New York State approved Paid Family Leave (PFL) Policy is Metropolitan Life Insurance Company. The term of the contract is three (3) years, from January 1, 2021 to December 31, 2023.
The Information Technology and Other Consultant Services contracts were renewed with the 34 vendors listed below. The term of the renewal is three (3) years commencing July 1, 2020, and terminating on June 30, 2023. The City has one additional option to renew this agreement for three (3) years.
A license for the installation, operation, and maintenance of beverage and snack vending machines with Systems Vend Management was renewed. The term of the renewal is five (5) years, from October 3, 2021 to October 2, 2026.
The Banking Services contract with JP Morgan Chase Bank, N.A. was renewed. The term of the renewal is two (2) years, from January 1, 2021 to December 31, 2022.
The 1-Year extension was processed for the Banking Services contract. The term of the extension is from January 1, 2023 to December 31, 2023.