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HomeMy WebLinkAboutCORRESPONDENCE - RFP - P772 BANKING SERVICESAdministrative Services Purchasing Division City of Fort Collins November 21, 2000 Gary Erb Wells Fargo Bank West, N.A. Fort Collins 401 South College Avenue Fort Collins, CO 80524 Dear Mr. Erb: The City of Fort Collins Purchasing Division would like to thank you for your presentation on Proposal #P-772, Banking Services. The firm selected for this project subject to contract negotiations is First National Bank. Although you were not selected for this project, we appreciate the time you expended in preparing your proposal presentation. We hope you continue your interest in City of Fort Collins' projects and look forward to working with you in the future. Sincerely, a B. O'Neill II, CPPO r of Purchasing and Risk Management JBO/imv 256 W. Mountain Avenue • P.O. Box 580 • Fort Collins, CO 80522-0580 • (970) 221-6775 • FAX (970) 221-6707 Bank,._,, Services Selection Process Page 2 of 2 The key criteria is cost. The First National Bank proposal appears to have the lower cost to the City. However, the Wells Fargo proposal has a more complete listing of services. The evaluation team will have to determine a method by which to compare on an "apples to apples" basis. This selection process is extremely close. Staff will have additional information after the interviews. The evaluation team will provide additional briefings to the City Manager prior to entering into contract negotiations. Attachments Rating Criteria Questions for Interviews Banking Memo Nov2000.doc