Sourcewell Master Agreement - Contract #030625 — Commerce City Council, May 26, 2026

030625-USB
v052824 1
MASTER AGREEMENT # 030625
CATEGORY: &ůĞĞƚWĂǇŵĞŶƚ^ŽůƵƟŽŶƐǁŝƚŚZĞůĂƚĞĚ^ĞƌǀŝĐĞƐ
SUPPLIER: h͘^͘ĂŶŬEĂƟŽŶĂůƐƐŽĐŝĂƟŽŶ
This Master Agreement (Agreement) is between Sourcewell, ĂDŝŶŶĞƐŽƚĂƐĞƌǀŝĐĞĐŽŽƉĞƌĂƟǀĞlocated at 202 12th Street Northeast, P.O. Box 219, Staples, MN 56479 (Sourcewell) and h͘^͘ĂŶŬEĂƟŽŶĂů ƐƐŽĐŝĂƟŽŶ͕ϮϬϬ^ŽƵƚŚϲth Street, Minneapolis, MN 55402 (Supplier).

Sourcewell is a ůŽĐĂůŐŽǀĞƌŶŵĞŶƚĂŶĚƐĞƌǀŝĐĞĐŽŽƉĞƌĂƟǀĞĐƌĞĂƚĞĚƵŶĚĞƌƚŚĞůĂǁƐŽĨƚŚĞ^ƚĂƚĞŽĨ DŝŶŶĞƐŽƚĂ;DŝŶŶĞƐŽƚĂ^ƚĂƚƵƚĞƐ^ĞĐƟŽŶϭϮϯ͘ϮϭͿŽīĞƌŝŶŐ a CŽŽƉĞƌĂƟǀĞPurchasing Program to eligible ƉĂƌƟĐŝƉĂƟŶŐŐŽǀĞƌŶŵĞŶƚĞŶƟƟĞƐ.

Under this Master Agreement entered with Sourcewell, Supplier may ƉƌŽǀŝĚĞ/ŶĐůƵĚĞĚ^ŽůƵƟŽŶƐƚŽ ƋƵĂůŝĨǇŝŶŐWĂƌƟĐŝƉĂƟŶŐ
ŶƟƟĞƐƚŚƌŽƵŐŚ^ŽƵƌĐĞǁĞůů͛ƐCŽŽƉĞƌĂƟǀĞPurchasing Program. ƌƟĐůĞϭ͗
'ĞŶĞƌĂůdĞƌŵƐ
dŚĞ'ĞŶĞƌĂůdĞƌŵƐŝŶƚŚŝƐƌƟĐůĞϭĐŽŶƚƌŽůƚŚĞŽƉĞƌĂƟŽŶŽĨƚŚŝƐDĂƐƚĞƌŐƌĞĞŵĞŶƚďĞƚǁĞĞŶ^ŽƵƌĐĞǁĞůů ĂŶĚ^ƵƉƉůŝĞƌĂŶĚĂƉƉůǇƚŽĂůůƚƌĂŶƐĂĐƟŽŶƐĞŶƚĞƌĞĚďǇ^ƵƉƉůŝĞƌĂŶĚWĂƌƟĐŝƉĂƟŶŐ ŶƟƟĞƐ͘^ƵďƐĞƋƵĞŶƚ
ƌƟĐůĞƐƚŽƚŚŝƐDĂƐƚĞƌŐƌĞĞŵĞŶƚĐŽŶƚƌŽůƚŚĞƌŝŐŚƚƐ ĂŶĚŽďůŝŐĂƟŽŶƐĚŝƌĞĐƚůǇďĞƚǁĞĞŶ^ŽƵƌĐĞǁĞůůĂŶĚ ^ƵƉƉůŝĞƌ;ƌƟĐůĞϮͿ͕ĂŶĚďĞƚǁĞĞŶ^ƵƉƉůŝĞƌĂŶĚWĂƌƟĐŝƉĂƟŶŐ ŶƟƚǇ;ƌƟĐůĞϯͿ͕ƌĞƐƉĞĐƟǀĞůǇ͘dŚĞƐĞƌƟĐůĞϭ
'ĞŶĞƌĂůdĞƌŵƐĐŽŶƚƌŽůŽǀĞƌĂŶǇĐŽŶŇŝĐƟŶŐƚĞƌŵƐ͘tŚĞƌĞƚŚŝƐDĂƐƚĞƌŐƌĞĞŵĞŶƚŝƐƐŝůĞŶƚŽŶĂŶǇƐubject, WĂƌƟĐŝƉĂƟŶŐ
ŶƟƚǇĂŶĚ^ƵƉƉůŝĞƌƌĞƚĂŝŶƚŚĞĂďŝůŝƚǇƚŽŶĞŐŽƟĂƚĞŵƵƚƵĂůůǇĂĐĐĞƉƚĂďůĞƚĞƌŵƐ. 1) WƵƌƉŽƐĞ͘ Pursuant to Minnesota law, tŚĞ^ŽƵƌĐĞǁĞůůŽĂƌĚŽĨŝƌĞĐƚŽƌƐŚĂƐĂƵƚŚŽƌŝǌĞĚ ĂŽŽƉĞƌĂƟǀĞ Purchasing Program designed to provide PĂƌƟĐŝƉĂƟŶŐ
ŶƟƟĞƐǁŝƚŚĂĐĐĞƐƐƚŽĐŽŵƉĞƟƟǀĞůǇĂǁĂƌĚĞĚ
ĐŽŽƉĞƌĂƟǀĞƉƵƌĐŚĂƐŝŶŐagreements͘dŽĨĂĐŝůŝƚĂƚĞƚŚĞWƌŽŐƌĂŵ͕^ŽƵƌĐĞǁĞůůhas awarded Supplier this ĐŽŽƉĞƌĂƟǀĞƉƵƌĐŚĂƐŝŶŐDĂƐƚĞƌŐƌĞĞŵĞŶƚĨŽůůŽǁŝŶŐĂĐŽŵƉĞƟƟǀĞƉƌŽĐƵƌĞŵĞŶƚƉƌŽĐĞƐƐŝŶƚĞŶĚĞĚƚŽ meet compliance standards in accordance with Minnesota law and the requirements contained herein.
2) Intent. dŚĞŝŶƚĞŶƚŽĨƚŚŝƐDĂƐƚĞƌŐƌĞĞŵĞŶƚŝƐƚŽĚĞĮŶĞƚŚĞƌŽůĞƐŽĨ^ŽƵƌĐĞǁĞůů͕^ƵƉƉůŝĞƌ͕ĂŶĚ WĂƌƟĐŝƉĂƟŶŐ
ŶƟƚǇĂƐŝƚƌĞůĂƚĞƐƚŽ^ŽƵƌĐĞǁĞůů͛ƐŽŽƉĞƌĂƟǀĞWƵƌĐŚĂƐŝŶŐWƌŽŐƌĂŵ͘ ϯͿ WĂƌƟĐŝƉĂƟŶŐ
ŶƟƚǇĐĐĞƐƐ͘ ^ŽƵƌĐĞǁĞůů͛ƐCŽŽƉĞƌĂƟǀĞPurchasing Program Master Agreements are ĂǀĂŝůĂďůĞƚŽĞůŝŐŝďůĞƉƵďůŝĐĂŐĞŶĐŝĞƐ;WĂƌƟĐŝƉĂƟŶŐ
ŶƟƟĞƐͿ. WĂƌƟĐŝƉĂƟŶŐ
ŶƟƚǇ͛ƐĂƵƚŚŽƌŝƚǇƚŽĂĐĐĞƐƐ
^ŽƵƌĐĞǁĞůů͛ƐCŽŽƉĞƌĂƟǀĞPurchasing PƌŽŐƌĂŵŝƐĚĞƚĞƌŵŝŶĞĚƚŚƌŽƵŐŚƚŚĞůĂǁƐŽĨŝƚƐƌĞƐƉĞĐƟǀĞ ũƵƌŝƐĚŝĐƟŽŶ͘
4) ^ƵƉƉůŝĞƌĐĐĞƐƐ͘ dŚĞ/ŶĐůƵĚĞĚ^ŽůƵƟŽŶƐŽīĞƌĞĚƵŶĚĞƌƚŚŝƐŐƌĞĞŵĞŶƚŵĂǇďĞŵĂĚĞĂǀĂŝůĂďůĞƚŽĂŶǇ WĂƌƟĐŝƉĂƟŶŐ
ŶƟƚǇ͘^ƵƉƉůŝĞƌƵŶĚĞƌƐƚĂŶĚƐƚŚĂƚĂWĂƌƟĐŝƉĂƟŶŐ
ŶƟƚǇ͛ƐƵƐĞŽĨƚŚŝƐŐƌĞĞŵĞŶƚŝƐĂƚƚŚĞ
WĂƌƟĐŝƉĂƟŶŐ
ŶƟƚǇ͛ƐƐŽůĞĐŽŶǀĞŶŝĞŶĐĞ͘^ƵƉƉůŝĞƌǁŝůůĞĚƵĐĂƚĞŝƚƐƐĂůĞƐĂŶĚƐĞƌǀŝĐĞĨŽƌĐĞƐĂďŽƵƚ ^ŽƵƌĐĞǁĞůůĞůŝŐŝďŝůŝƚǇƌĞƋƵŝƌĞŵĞŶƚƐĂŶĚƌĞƋƵŝƌĞĚĚŽĐƵŵĞŶƚĂƟŽŶ͘^ƵƉƉůŝĞƌǁŝůůďĞƌĞƐƉŽŶƐŝďůĞĨŽƌ ĞŶƐƵƌŝŶŐƐĂůĞƐĂƌĞǁŝƚŚWĂƌƟĐŝƉĂƟŶŐ
ŶƟƟĞƐ.

030625-USB
v052824 2
5) dĞƌŵ͘ dŚŝƐŐƌĞĞŵĞŶƚŝƐĞīĞĐƟǀĞŽŶ^ĞƉƚĞŵďĞƌϴ͕ϮϬϮϱ͕ƚŚĞĚĂǇĂŌĞƌŽŶƚƌĂĐƚEƵŵďĞƌϬϴϬϲϮϱ-USB expires͘dŚĞƚĞƌŵŽĨƚŚŝƐŐƌĞĞŵĞŶƚŝƐĨŽƵƌ;ϰͿǇĞĂƌƐĨƌŽŵƚŚĞĞīĞĐƟǀĞĚĂƚĞ͘dŚĞŐƌĞĞŵĞŶƚĞǆƉŝƌĞƐ at 11:59 P.M. Central Time on June 27, 2029͕ƵŶůĞƐƐŝƚŝƐĐĂŶĐĞůůĞĚŽƌĞǆƚĞŶĚĞĚĂƐĚĞĮŶĞĚŝŶƚŚŝƐ Agreement.
a)
ǆƚĞŶƐŝŽŶƐ͘ Sourcewell and Supplier may agree to up to three ;ϯͿ ĂĚĚŝƟŽŶĂůŽŶĞ-year extensions ďĞǇŽŶĚƚŚĞŽƌŝŐŝŶĂůĨŽƵƌ-ǇĞĂƌƚĞƌŵ͘dŚĞƚŽƚĂůƉŽƐƐŝďůĞůĞŶŐƚŚŽĨƚŚŝƐŐƌĞĞŵĞŶƚǁŝůůďĞƐĞǀĞŶ(7) ǇĞĂƌƐĨƌŽŵƚŚĞĞīĞĐƟǀĞĚĂƚĞ͘
b)
ǆĐĞƉƟŽŶĂůŝƌĐƵŵƐƚĂŶĐĞƐ͘ ^ŽƵƌĐĞǁĞůůƌĞƚĂŝŶƐƚŚĞƌŝŐŚƚƚŽĐŽŶƐŝĚĞƌĂĚĚŝƟŽŶĂůĞǆƚĞŶƐŝŽŶƐĂƐ ƌĞƋƵŝƌĞĚƵŶĚĞƌĞǆĐĞƉƟŽŶĂůĐŝƌĐƵŵƐƚĂŶĐĞƐ͘
6) ^ƵƌǀŝǀĂůŽĨdĞƌŵƐ͘ EŽƚǁŝƚŚƐƚĂŶĚŝŶŐƚŚĞƚĞƌŵŝŶĂƟŽŶŽĨƚŚŝƐŐƌĞĞŵĞŶƚ͕ƚŚĞŽďůŝŐĂƟŽŶƐŽĨƚŚŝƐ ŐƌĞĞŵĞŶƚǁŝůůĐŽŶƟŶƵĞƚŚƌŽƵŐŚƚŚĞƉĞƌĨŽƌŵĂŶĐĞƉĞƌŝŽĚŽĨĂŶǇƚƌĂŶƐĂĐƟŽŶĞŶƚĞƌĞĚbetween ^ƵƉƉůŝĞƌĂŶĚĂŶǇWĂƌƟĐŝƉĂƟŶŐ
ŶƟƚǇďĞĨŽƌĞƚŚĞƚĞƌŵŝŶĂƟŽŶĚĂƚĞ͘
7) ^ĐŽƉĞ͘^ƵƉƉůŝĞƌŝƐĂǁĂƌĚĞĚĂDĂƐƚĞƌŐƌĞĞŵĞŶƚƚŽƉƌŽǀŝĚĞƚŚĞƐŽůƵƟŽŶƐŝĚĞŶƟĮĞĚŝŶ(Z&WηϬϯϬϲϮϱ) ƚŽWĂƌƟĐŝƉĂƟŶŐ
ŶƟƟĞƐ͘/Ŷ^ĐŽƉĞƐŽůƵƟŽŶƐŝŶĐůƵĚĞ͗͘

1. ^ŽƵƌĐĞǁĞůůŝƐƐĞĞŬŝŶŐƉƌŽƉŽƐĂůƐĨŽƌ&ůĞĞƚWĂǇŵĞŶƚ^ŽůƵƚŝŽŶƐǁŝƚŚZĞůĂƚĞĚ^ĞƌǀŝĐĞƐ͕ƐƵĐŚĂƐ͗ a. WĂǇŵĞŶƚƐŽůƵƚŝŽŶƐĨŽƌĨƵĞů͕Žŝů͕ĂŶĚĨůƵŝĚƐĨŽƌǀĞŚŝĐůĞƐ͕ĂŝƌĐƌĂĨƚ͕ĂŶĚǁĂƚĞƌĐƌĂĨƚ͕ŝŶĐůƵĚŝŶŐ ŐĂƐŽůŝŶĞ͕ĚŝĞƐĞůĨƵĞů͕ĂůƚĞƌŶĂƚŝǀĞĨƵĞůƐ͕ŶĂƚƵƌĂůŐĂƐ͕ƉƌŽƉĂŶĞ͕ĂǀŝĂƚŝŽŶĨƵĞů͕ůƵďƌŝĐĂŶƚƐ͕ĂŶĚ ĨůƵŝĚƐ͖
b. Payment ƐŽůƵƚŝŽŶƐĨŽƌĞůĞĐƚƌŝĐǀĞŚŝĐůĞĐŚĂƌŐŝŶŐ͕ƐƚĂƚŝŽŶĨĞĞƐ͖ĂŶĚ͕ c. WĂǇŵĞŶƚƐŽůƵƚŝŽŶƐĨŽƌ͕ǀĞŚŝĐůĞ͕ĂŝƌĐƌĂĨƚ͕ĂŶĚǁĂƚĞƌĐƌĂĨƚ-related maintenance, repairs, supplies and services, including oil changes, tire repair, replacement, alignment and balancing, replacement parts, emergency repairs, roadside assistance and towing services, ǁĂƐŚŽƌĚĞƚĂŝůƐĞƌǀŝĐĞƐ͕ŝŶƐƉĞĐƚŝŽŶƐĂŶĚĐĞƌƚŝĨŝĐĂƚŝŽŶƐĞƌǀŝĐĞƐ͕&KŽƌŵĂƌŝŶĂƐĞƌǀŝĐĞƐ͕ĂŶĚ related parts or supplies.

2. In addition to the card, mobile application, digital, and ǀŝƌƚƵĂůƉĂǇŵĞŶƚƐĞƌǀŝĐĞƐŝĚĞŶƚŝĨŝĞĚŝŶ Section II. B. 1. a. – Đ͘ĂďŽǀĞ͕WƌŽƉŽƐĞƌŵĂǇŝŶĐůƵĚĞĂĐŽŵƉůĞŵĞŶƚĂƌǇŽĨĨĞƌŝŶŐŽĨƐĞƌǀŝĐĞƐ͕ ŝŶĐůƵĚŝŶŐ͕ďƵƚŶŽƚůŝŵŝƚĞĚƚŽĐĂƌĚŝƐƐƵĂŶĐĞĂŶĚƌĞƉůĂĐĞŵĞŶƚ͕ĂĐĐŽƵŶƚĐƵƐƚŽŵŝǌĂƚŝŽŶ͕ transaction processing and payment settleŵĞŶƚ͕ƚƌĂŶƐĂĐƚŝŽŶƐƚĂƚĞŵĞŶƚĂŶĚƌĞƉŽƌƚŝŶŐ͕ĨůĞĞƚ data analytics, integrated telematics, private-ƐŝƚĞĨƵĞůůŽĐĂƚŝŽŶƉĂǇŵĞŶƚŽƌĚĂƚĂƐĞƌǀŝĐĞƐ͕ĚŝŐŝƚĂů and mobile applications, training, and technical and customer support. 8) /ŶĐůƵĚĞĚ^ŽůƵƟŽŶƐ͘ ^ƵƉƉůŝĞƌ͛ƐWƌŽƉŽƐĂůƚŽƚŚĞĂďŽǀĞƌĞĨĞƌĞŶĐĞĚZ&Wis incorporated into this Master ŐƌĞĞŵĞŶƚ͘KŶůǇƚŚŽƐĞ^ŽůƵƟŽŶƐŝŶĐůƵĚĞĚǁŝƚŚŝŶ^ƵƉƉůŝĞƌ͛ƐWƌŽƉŽƐĂůĂŶĚǁŝƚŚŝŶ^ĐŽƉĞ;/ŶĐůƵĚĞĚ ^ŽůƵƟŽŶƐͿĂƌĞŝŶĐůƵĚĞĚǁŝƚŚŝŶƚŚĞŐƌĞĞŵĞŶƚĂŶĚŵĂǇďĞŽīĞƌĞĚƚŽWĂƌƟĐŝƉĂƟŶŐ ŶƟƟĞƐ.
9) /ŶĚĞĮŶŝƚĞYƵĂŶƟƚǇ͘ dŚŝƐDĂƐƚĞƌŐƌĞĞŵĞŶƚĚĞĮŶĞƐĂŶŝŶĚĞĮŶŝƚĞƋƵĂŶƟƚǇŽĨƐĂůĞƐƚŽĞůŝŐŝďůĞ WĂƌƟĐŝƉĂƟŶŐ
ŶƟƟĞƐ.

030625-USB
v052824 3
10) WƌŝĐŝŶŐ͘ WƌŝĐŝŶŐŝŶĨŽƌŵĂƟŽŶ;ŝŶĐůƵĚŝŶŐWƌŝĐŝŶŐĂŶĚĞůŝǀĞƌǇĂŶĚWƌŝĐŝŶŐKīĞƌĞĚtĂďůĞƐͿĨŽƌĂůů/ŶĐůƵĚĞĚ ^ŽůƵƟŽŶƐǁŝƚŚŝŶ^ƵƉƉůŝĞƌ͛ƐWƌŽƉŽƐĂůŝƐŝŶĐŽƌƉŽƌĂƚĞĚŝŶƚŽƚŚŝƐDĂƐƚĞƌŐƌĞĞŵĞŶƚ͘ 11) EŽƚƚŽ
ǆĐĞĞĚWƌŝĐŝŶŐ͘ Suppliers may not exceed the prices listed in the current Pricing List ŽŶĮůĞ with Sourcewell ǁŚĞŶŽīĞƌŝŶŐ/ŶĐůƵĚĞĚ^ŽůƵƟŽŶƐƚŽWĂƌƟĐŝƉĂƟŶŐ ŶƟƟĞƐ͘WĂƌƟĐŝƉĂƟŶŐ
ŶƟƟĞƐŵĂǇ
request adjustments to pricing directly ĨƌŽŵ^ƵƉƉůŝĞƌĚƵƌŝŶŐƚŚĞŶĞŐŽƟĂƟŽŶĂŶĚĞǆĞĐƵƟŽŶŽĨĂŶǇ ƚƌĂŶƐĂĐƟŽŶ.
12) KƉĞŶDĂƌŬĞƚ͘ ^ƵƉƉůŝĞƌ͛ƐŽƉĞŶŵĂƌŬĞƚƉƌŝĐŝŶŐprocess is included within its Proposal. ϭϯͿ ^ƵƉƉůŝĞƌZĞƉƌĞƐĞŶƚĂƟŽŶƐ͗
i) ŽŵƉůŝĂŶĐĞ͘ Supplier represents and warrants it will provide all Included ^ŽůƵƟŽŶƐ ƵŶĚĞƌƚŚŝƐŐƌĞĞŵĞŶƚŝŶĨƵůůĐŽŵƉůŝĂŶĐĞǁŝƚŚĂƉƉůŝĐĂďůĞĨĞĚĞƌĂů͕ƐƚĂƚĞ͕ĂŶĚůŽĐĂůůĂǁƐĂŶĚ ƌĞŐƵůĂƟŽŶƐ͘
ii) >ŝĐĞŶƐĞƐ͘ ƐĂƉƉůŝĐĂďůĞ͕^ƵƉƉůŝĞƌǁŝůůŵĂŝŶƚĂŝŶĂǀĂůŝĚƐƚĂƚƵƐŽŶĂůůƌĞƋƵŝƌĞĚĨĞĚĞƌĂů͕ƐƚĂƚĞ͕ ĂŶĚůŽĐĂůůŝĐĞŶƐĞƐ͕ďŽŶĚƐ͕ĂŶĚƉĞƌŵŝƚƐƌĞƋƵŝƌĞĚĨŽƌƚŚĞŽƉĞƌĂƟŽŶŽĨ^ƵƉƉůŝĞƌ͛ƐďƵƐŝŶĞƐƐǁŝƚŚ WĂƌƟĐŝƉĂƟŶŐ
ŶƟƟĞƐ͘WĂƌƟĐŝƉĂƟŶŐ
ŶƟƟĞƐŵĂǇƌĞƋƵĞƐƚĂůůƌĞůĞǀĂŶƚĚŽĐƵŵĞŶƚĂƟŽŶĚŝƌĞĐƚůǇĨƌŽŵ Supplier.
iii) ^ƵƉƉůŝĞƌtĂƌƌĂŶƚƐ͘ Supplier warrants that all Included ^ŽůƵƟŽŶƐĨƵƌŶŝƐŚĞĚƵŶĚĞƌƚŚŝƐ ŐƌĞĞŵĞŶƚĂƌĞĨƌĞĞĨƌŽŵůŝĞŶƐĂŶĚĞŶĐƵŵďƌĂŶĐĞƐ͕ĂŶĚĂƌĞĨƌĞĞĨƌŽŵĚĞĨĞĐƚƐŝŶĚĞƐŝŐŶ͕ŵĂƚĞƌŝĂůƐ͕ ĂŶĚǁŽƌŬŵĂŶƐŚŝƉ͘/ŶĂĚĚŝƟŽŶ͕^ƵƉƉůŝĞƌǁĂƌƌĂŶƚƐƚŚĞ^ŽůƵƟŽŶƐĂƌĞƐƵŝƚĂďůĞĨŽƌĂŶĚǁŝůůƉĞƌĨŽƌŵ in accordance with the ordinary uƐĞĨŽƌǁŚŝĐŚƚŚĞǇĂƌĞŝŶƚĞŶĚĞĚ͘ 14) ĂŶŬƌƵƉƚĐǇEŽƟĐĞƐ͘ ^ƵƉƉůŝĞƌĐĞƌƟĮĞƐĂŶĚǁĂƌƌĂŶƚƐŝƚŝƐŶŽƚĐƵƌƌĞŶƚůǇŝŶƌĞĐĞŝǀĞƌƐŚŝƉǁŝƚŚƚŚĞ &ĞĚĞƌĂůĞƉŽƐŝƚ/ŶƐƵƌĂŶĐĞŽƌƉŽƌĂƟŽŶ͘^ƵƉƉůŝĞƌŚĂƐĚŝƐĐůŽƐĞĚĂůůĐƵƌƌĞŶƚĂŶĚĐŽŵƉůĞƚĞĚreceivership ƉƌŽĐĞĞĚŝŶŐƐǁŝƚŚŝŶƚŚĞƉĂƐƚƐĞǀĞŶǇĞĂƌƐǁŝƚŚŝŶŝƚƐWƌŽƉŽƐĂů͘^ƵƉƉůŝĞƌŵƵƐƚƉƌŽǀŝĚĞŶŽƟĐĞŝŶǁƌŝƟŶŐ ƚŽ^ŽƵƌĐĞǁĞůůŝĨŝƚĞŶƚĞƌƐŝŶƚŽƌĞĐĞŝǀĞƌƐŚŝƉĂƚĂŶǇƟŵĞĚƵƌŝŶŐƚŚĞƚĞƌŵŽĨƚŚŝƐŐƌĞĞŵĞŶƚ͘ 15) ĞďĂƌŵĞŶƚĂŶĚ^ƵƐƉĞŶƐŝŽŶ͘ ^ƵƉƉůŝĞƌĐĞƌƟĮĞƐĂŶĚǁĂƌƌĂŶƚƐƚŚĂƚŶĞŝƚŚĞƌŝƚŶŽƌŝƚƐƉƌŝŶĐŝƉĂůƐĂƌĞ ƉƌĞƐĞŶƚůǇĚĞďĂƌƌĞĚ͕ƐƵƐƉĞŶĚĞĚ͕ƉƌŽƉŽƐĞĚĨŽƌĚĞďĂƌŵĞŶƚ͕ĚĞĐůĂƌĞĚŝŶĞůŝŐŝďůĞ͕ŽƌǀŽůƵŶƚĂƌŝůǇĞǆĐůƵĚĞĚ ĨƌŽŵƉƌŽŐƌĂŵƐŽƉĞƌĂƚĞĚďǇƚŚĞ^ƚĂƚĞŽĨDŝŶŶĞƐŽƚĂ͕ƚŚĞhŶŝƚĞĚ^ƚĂƚĞƐĨĞĚĞƌĂůŐŽǀĞƌŶŵĞnt, or any WĂƌƟĐŝƉĂƟŶŐ
ŶƟƚǇ͘^ƵƉƉůŝĞƌĐĞƌƟĮĞƐĂŶĚǁĂƌƌĂŶƚƐƚŚĂƚŶĞŝƚŚĞƌŝƚŶŽƌŝƚƐƉƌŝŶĐŝƉĂůƐŚĂǀĞďĞĞŶ ĐŽŶǀŝĐƚĞĚŽĨĂĐƌŝŵŝŶĂůŽīĞŶƐĞƌĞůĂƚĞĚƚŽƚŚĞƐƵďũĞĐƚŵĂƩĞƌŽĨƚŚŝƐŐƌĞĞŵĞŶƚ͘^ƵƉƉůŝĞƌĨƵƌƚŚĞƌ warrants that it will pƌŽǀŝĚĞŝŵŵĞĚŝĂƚĞǁƌŝƩĞŶŶŽƟĐĞƚŽ^ŽƵƌĐĞǁĞůůŝĨƚŚŝƐĐĞƌƟĮĐĂƟŽŶĐŚĂŶŐĞƐĂƚ ĂŶǇƟŵĞĚƵƌŝŶŐƚŚĞƚĞƌŵŽĨƚŚŝƐŐƌĞĞŵĞŶƚ͘
16) WƌŽǀŝƐŝŽŶƐĨŽƌŶŽŶ-hŶŝƚĞĚ^ƚĂƚĞƐĨĞĚĞƌĂůĞŶƟƚǇƉƌŽĐƵƌĞŵĞŶƚƐƵŶĚĞƌhŶŝƚĞĚ^ƚĂƚĞƐĨĞĚĞƌĂůĂǁĂƌĚƐ ŽƌŽƚŚĞƌĂǁĂƌĚƐ;ƉƉĞŶĚŝǆII ƚŽϮ͘&͘ZΑϮϬϬͿ͘ WĂƌƟĐŝƉĂƟŶŐ ŶƟƟĞƐƚŚĂƚƵƐĞhŶŝƚĞĚ^ƚĂƚĞƐĨĞĚĞƌĂů
ŐƌĂŶƚŽƌŽƚŚĞƌĨĞĚĞƌĂůĨƵŶĚŝŶŐƚŽƉƵƌĐŚĂƐĞƐŽůƵƟŽŶƐĨƌŽŵƚŚŝƐŐƌĞĞŵĞŶƚŵĂǇďĞƐƵďũĞĐƚƚŽ ĂĚĚŝƟŽŶĂůƌĞƋƵŝƌĞŵĞŶƚƐŝŶĐůƵĚŝŶŐƚŚĞƉƌŽĐƵƌĞŵĞŶƚƐƚĂŶĚĂƌĚƐŽĨƚŚĞhŶŝĨŽƌŵĚŵŝŶŝƐƚƌĂƟǀĞ Requirements, Cost PƌŝŶĐŝƉůĞƐĂŶĚƵĚŝƚZĞƋƵŝƌĞŵĞŶƚƐĨŽƌ&ĞĚĞƌĂůǁĂƌĚƐ͕Ϯ͘&͘Z͘ΑϮϬϬ͘ WĂƌƟĐŝƉĂƟŶŐ
ŶƟƟĞƐŵĂǇŚĂǀĞĂĚĚŝƟŽŶĂůƌĞƋƵŝƌĞŵĞŶƚƐďĂƐĞĚŽŶƐƉĞĐŝĮĐĨƵŶĚŝŶŐƐŽƵƌĐĞƚĞƌŵƐŽƌ ĐŽŶĚŝƟŽŶƐ͘tŝƚŚŝŶƚŚŝƐ^ĞĐƟŽŶ͕ĂůůƌĞĨĞƌĞŶĐĞƐƚŽ͞ĨĞĚĞƌĂů͟ƐŚŽƵůĚďĞŝŶƚĞƌƉƌĞƚĞĚƚŽŵĞĂŶƚŚĞhŶŝƚĞĚ

030625-USB
v052824 4
^ƚĂƚĞƐĨĞĚĞƌĂůŐŽǀĞƌŶŵĞŶƚ͘dŚĞĨŽůůŽǁŝŶŐůŝƐƚĂƉƉůŝĞƐǁŚĞŶĂWĂƌƟĐŝƉĂƟŶŐ ŶƟƚǇĂĐĐĞƐƐĞƐ^ƵƉƉůŝĞƌ͛Ɛ
Included ^ŽůƵƟŽŶƐǁŝƚŚhŶŝƚĞĚ^ƚĂƚĞƐĨĞĚĞƌĂůĨƵŶĚƐ͘
i)
Yh>
DW>KzD
EdKWWKZdhE/dz͘
ǆĐĞƉƚĂƐŽƚŚĞƌǁŝƐĞƉƌŽǀŝĚĞĚƵŶĚĞƌϰϭ͘&͘Z͘Α
60, all agreements ƚŚĂƚŵĞĞƚƚŚĞĚĞĮŶŝƟŽŶŽĨ͞ĨĞĚĞƌĂůůǇĂƐƐŝƐƚĞĚĐŽŶƐƚƌƵĐƟŽŶĐŽŶƚƌĂĐƚ͟ŝŶϰϭ ͘&͘Z͘ΑϲϬ-ϭ͘ϯŵƵƐƚŝŶĐůƵĚĞƚŚĞĞƋƵĂůŽƉƉŽƌƚƵŶŝƚǇĐůĂƵƐĞƉƌŽǀŝĚĞĚƵŶĚĞƌϰϭ͘&͘Z͘ΑϲϬ-1.4(b), in ĂĐĐŽƌĚĂŶĐĞǁŝƚŚ
ǆĞĐƵƟǀĞKƌĚĞƌϭϭϮϰϲ͕͞
ƋƵĂů
ŵƉůŽǇŵĞŶƚKƉƉŽƌƚƵŶŝƚǇ͟;ϯϬ&ZϭϮϯϭϵ͕ϭϮϵϯϱ͕
ϯ͘&͘Z͘Α͕ϭϵϲϰ-ϭϵϲϱŽŵƉ͕͘Ɖ͘ϯϯϵͿ͕ĂƐĂŵĞŶĚĞĚďǇ
ǆĞĐƵƟǀĞKƌĚĞƌϭϭϯϳϱ͕͞ŵĞŶĚŝŶŐ

ǆĞĐƵƟǀĞKƌĚĞƌϭϭϮϰϲZĞůĂƟŶŐƚŽ
ƋƵĂů
ŵƉůŽǇŵĞŶƚKƉƉŽƌƚƵŶŝƚǇ͕͟ ĂŶĚŝŵƉůĞŵĞŶƟŶŐ
ƌĞŐƵůĂƟŽŶƐĂƚϰϭ͘&͘Z͘ΑϲϬ͕͞KĸĐĞŽĨ&ĞĚĞƌĂůŽŶƚƌĂĐƚŽŵƉůŝĂŶĐĞWƌŽŐƌĂŵƐ͕ ƋƵĂů

ŵƉůŽǇŵĞŶƚKƉƉŽƌƚƵŶŝƚǇ͕ĞƉĂƌƚŵĞŶƚŽĨ>ĂďŽƌ͘͟dŚĞĞƋƵĂůŽƉƉŽƌƚƵŶŝƚǇĐůĂƵƐĞŝƐŝŶĐŽƌƉŽƌĂƚĞĚ ŚĞƌĞŝŶďǇƌĞĨĞƌĞŶĐĞ͘
ii) DAVIS-KEd͕^D
E
;ϰϬh͘^͘͘Αϯϭϰϭ-ϯϭϰϴͿ͘ tŚĞŶƌĞƋƵŝƌĞĚďǇĨĞĚĞƌĂů
ƉƌŽŐƌĂŵůĞŐŝƐůĂƟŽŶ͕ĂůůƉƌŝŵĞĐŽŶƐƚƌƵĐƟŽŶĐŽŶƚƌĂĐƚƐŝŶĞǆĐĞƐƐŽĨΨϮ͕ϬϬϬĂǁĂƌĚĞĚďǇŶŽŶ-ĨĞĚĞƌĂů ĞŶƟƟĞƐŵƵƐƚŝŶĐůƵĚĞĂƉƌŽǀŝƐŝŽŶĨŽƌĐŽŵƉůŝĂŶĐĞǁŝƚŚƚŚĞĂǀŝƐ-ĂĐŽŶĐƚ;ϰϬh͘^͘͘Αϯϭϰϭϯϭϰϰ͕ĂŶĚϯϭϰϲ-ϯϭϰϴͿĂƐƐƵƉƉůĞŵĞŶƚĞĚďǇĞƉĂƌƚŵĞŶƚŽĨ>ĂďŽƌƌĞŐƵůĂƟŽŶƐ;Ϯϵ͘&͘Z͘Αϱ͕ ͞>ĂďŽƌ^ƚĂŶĚĂƌĚƐWƌŽǀŝƐŝŽŶƐƉƉůŝĐĂďůĞƚŽŽŶƚƌĂĐƚƐŽǀĞƌŝŶŐ&ĞĚĞƌĂůůǇ&ŝŶĂŶĐĞĚĂŶĚƐƐŝƐƚĞĚ ŽŶƐƚƌƵĐƟŽŶ͟Ϳ͘/ŶĂĐĐŽƌĚĂŶĐĞǁŝƚŚƚŚĞƐƚĂƚƵƚĞ͕ĐŽŶƚƌĂĐƚŽƌƐŵƵƐƚ be required to pay wages to ůĂďŽƌĞƌƐĂŶĚŵĞĐŚĂŶŝĐƐĂƚĂƌĂƚĞŶŽƚůĞƐƐƚŚĂŶƚŚĞƉƌĞǀĂŝůŝŶŐǁĂŐĞƐƐƉĞĐŝĮĞĚŝŶĂǁĂŐĞ ĚĞƚĞƌŵŝŶĂƟŽŶŵĂĚĞďǇƚŚĞ^ĞĐƌĞƚĂƌǇŽĨ>ĂďŽƌ͘/ŶĂĚĚŝƟŽŶ͕ĐŽŶƚƌĂĐƚŽƌƐŵƵƐƚďĞƌĞƋƵŝƌĞĚƚŽƉĂǇ wages not less than once a week. The non-ĨĞĚĞƌĂůĞŶƟƚǇŵƵƐƚƉůĂĐĞĂĐŽƉǇŽĨƚŚĞĐƵƌƌĞŶƚ ƉƌĞǀĂŝůŝŶŐǁĂŐĞĚĞƚĞƌŵŝŶĂƟŽŶŝƐƐƵĞĚďǇƚŚĞĞƉĂƌƚŵĞŶƚŽĨ>ĂďŽƌŝŶĞĂĐŚƐŽůŝĐŝƚĂƟŽŶ͘dŚĞ ĚĞĐŝƐŝŽŶƚŽĂǁĂƌĚĂĐŽŶƚƌĂĐƚŽƌƐƵďĐŽŶƚƌĂĐƚŵƵƐƚďĞĐŽŶĚŝƟŽŶĞĚƵƉŽŶƚŚĞĂĐĐĞƉƚĂŶĐĞŽĨƚŚĞ ǁĂŐĞĚĞƚĞƌŵŝŶĂƟŽŶ͘dŚĞŶŽŶ-ĨĞĚĞƌĂůĞŶƟƚǇŵƵƐƚƌĞƉŽƌƚĂůůƐƵƐƉĞĐƚĞĚŽƌƌĞƉŽƌƚĞĚǀŝŽůĂƟŽŶƐƚŽ ƚŚĞĨĞĚĞƌĂůĂǁĂƌĚŝŶŐĂŐĞŶĐǇ͘dŚĞĐŽŶƚƌĂĐƚƐŵƵƐƚĂůƐŽŝŶĐůƵĚĞĂƉƌŽǀŝƐŝŽŶĨŽƌĐŽŵƉůŝĂŶĐĞǁŝƚŚƚŚĞ ŽƉĞůĂŶĚ͞ŶƟ-<ŝĐŬďĂĐŬ͟Đƚ;ϰϬh͘^͘͘ΑϯϭϰϱͿ͕ĂƐƐƵƉƉůĞŵĞŶƚĞĚďǇĞƉĂƌƚŵĞŶƚŽĨ>ĂďŽƌ regulaƟŽŶƐ;Ϯϵ͘&͘Z͘Αϯ͕͞ŽŶƚƌĂĐƚŽƌƐĂŶĚ^ƵďĐŽŶƚƌĂĐƚŽƌƐŽŶWƵďůŝĐƵŝůĚŝŶŐŽƌWƵďůŝĐtŽƌŬ &ŝŶĂŶĐĞĚŝŶtŚŽůĞŽƌŝŶWĂƌƚďǇ>ŽĂŶƐŽƌ'ƌĂŶƚƐĨƌŽŵƚŚĞhŶŝƚĞĚ^ƚĂƚĞƐ͟Ϳ͘dŚĞĐƚƉƌŽǀŝĚĞƐƚŚĂƚ ĞĂĐŚĐŽŶƚƌĂĐƚŽƌŽƌƐƵďƌĞĐŝƉŝĞŶƚŵƵƐƚďĞƉƌŽŚŝďŝƚĞĚĨƌŽŵŝŶĚƵĐŝŶŐ͕ďǇĂŶǇ means, any person ĞŵƉůŽǇĞĚŝŶƚŚĞĐŽŶƐƚƌƵĐƟŽŶ͕ĐŽŵƉůĞƟŽŶ͕ŽƌƌĞƉĂŝƌŽĨƉƵďůŝĐǁŽƌŬ͕ƚŽŐŝǀĞƵƉĂŶǇƉĂƌƚŽĨƚŚĞ ĐŽŵƉĞŶƐĂƟŽŶƚŽǁŚŝĐŚŚĞŽƌƐŚĞŝƐŽƚŚĞƌǁŝƐĞĞŶƟƚůĞĚ͘dŚĞŶŽŶ-ĨĞĚĞƌĂůĞŶƟƚǇŵƵƐƚƌĞƉŽƌƚĂůů ƐƵƐƉĞĐƚĞĚŽƌƌĞƉŽƌƚĞĚǀŝŽůĂƟŽŶƐƚŽƚŚĞĨĞĚĞƌĂůawarding agency. Supplier must comply with all ĂƉƉůŝĐĂďůĞĂǀŝƐ-Bacon Act provisions.
iii) KEdZdtKZ<,KhZ^E^&
dz^dEZ^d;ϰϬh͘^͘͘ΑϯϳϬϭ-ϯϳϬϴͿ͘
tŚĞƌĞĂƉƉůŝĐĂďůĞ͕ĂůůĐŽŶƚƌĂĐƚƐĂǁĂƌĚĞĚďǇƚŚĞŶŽŶ-ĨĞĚĞƌĂůĞŶƟƚǇŝŶĞǆĐĞƐƐŽĨΨϭϬϬ͕ϬϬϬƚŚĂƚ ŝŶǀŽůǀĞƚŚĞĞŵƉůŽǇŵĞŶƚŽĨŵĞĐŚĂŶŝĐƐŽƌůĂďŽƌĞƌƐŵƵƐƚŝŶĐůƵĚĞĂƉƌŽǀŝƐŝŽŶĨŽƌĐŽŵƉůŝĂŶĐĞǁŝƚŚ ϰϬh͘^͘͘ΑΑϯϳϬϮĂŶĚϯϳϬϰ͕ĂƐƐƵƉƉůĞŵĞŶƚĞĚďǇĞƉĂƌƚŵĞŶƚŽĨ>ĂďŽƌƌĞŐƵůĂƟŽŶƐ;Ϯϵ͘&͘Z͘ΑϱͿ͘ hŶĚĞƌϰϬh͘^͘͘ΑϯϳϬϮŽĨƚŚĞĐƚ͕ĞĂĐŚĐŽŶƚƌĂĐƚŽƌŵƵƐƚďĞƌĞƋƵŝƌĞĚƚŽĐŽŵƉƵƚĞƚŚĞǁĂŐĞƐŽĨ ĞǀĞƌǇŵĞĐŚĂŶŝĐĂŶĚůĂďŽƌĞƌŽŶƚŚĞďĂƐŝƐŽĨĂƐƚĂŶĚĂƌĚǁŽƌŬǁĞĞŬŽĨϰϬŚŽƵƌƐ͘tŽƌŬŝŶĞǆĐĞƐƐŽĨ ƚŚĞƐƚĂŶĚĂƌĚǁŽƌŬǁĞĞŬŝƐƉĞƌŵŝƐƐŝďůĞƉƌŽǀŝĚĞĚƚŚĂƚƚŚĞǁŽƌŬĞƌŝƐĐŽŵƉĞŶƐĂƚĞĚĂƚĂƌĂƚĞŽĨŶŽƚ ůĞƐƐƚŚĂŶŽŶĞĂŶĚĂŚĂůĨƟŵĞƐƚŚĞďĂƐŝĐƌĂƚĞŽĨƉĂǇĨŽƌĂůůŚŽƵƌƐǁŽƌŬĞĚŝŶĞǆĐĞƐƐŽĨϰϬŚŽƵƌƐŝŶ ƚŚĞǁŽƌŬǁĞĞŬ͘dŚĞƌĞƋƵŝƌĞŵĞŶƚƐŽĨϰϬh͘^͘͘ΑϯϳϬϰĂƌĞĂƉƉůŝĐĂďůĞƚŽĐŽŶƐƚƌƵĐƟŽŶǁŽƌŬĂŶĚ provide that no laborer or mechanic must be required to work in surroundings or under working ĐŽŶĚŝƟŽŶƐǁŚŝĐŚĂƌĞƵŶƐĂŶŝƚĂƌǇ͕ŚĂǌĂƌĚŽƵƐŽƌĚĂŶŐĞƌŽƵƐ͘dŚĞƐĞƌĞƋƵŝƌĞŵĞŶƚƐĚŽŶŽƚĂƉƉůǇƚŽ the purchases ŽĨƐƵƉƉůŝĞƐ͕ŵĂƚĞƌŝĂůƐ͕ŽƌĂƌƟĐůĞƐŽƌĚŝŶĂƌŝůǇĂǀĂŝůĂďůĞŽŶƚŚĞŽƉĞŶŵĂƌŬĞƚ͕Žƌ ĐŽŶƚƌĂĐƚƐĨŽƌƚƌĂŶƐƉŽƌƚĂƟŽŶŽƌƚƌĂŶƐŵŝƐƐŝŽŶŽĨŝŶƚĞůůŝŐĞŶĐĞ͘dŚŝƐƉƌŽǀŝƐŝŽŶŝƐŚĞƌĞďǇŝŶĐŽƌƉŽƌĂƚĞĚ

030625-USB
v052824 5
ďǇƌĞĨĞƌĞŶĐĞŝŶƚŽƚŚŝƐŐƌĞĞŵĞŶƚ͘^ƵƉƉůŝĞƌĐĞƌƟĮĞƐƚŚĂƚĚƵƌŝŶŐƚŚĞƚĞƌŵŽĨĂŶĂǁĂƌĚĨŽƌĂůů ŐƌĞĞŵĞŶƚƐďǇ^ŽƵƌĐĞǁĞůůƌĞƐƵůƟŶŐĨƌŽŵƚŚŝƐƉƌŽĐƵƌĞŵĞŶƚƉƌŽĐĞƐƐ͕^ƵƉƉůŝĞƌŵƵƐƚĐŽŵƉůǇǁŝƚŚ ĂƉƉůŝĐĂďůĞƌĞƋƵŝƌĞŵĞŶƚƐĂƐƌĞĨĞƌĞŶĐĞĚĂďŽǀĞ͘
iv) Z/',d^dK/Es
Ed/KE^D
hE
ZKEdZdKZ'Z

D
Ed͘ /ĨƚŚĞĨĞĚĞƌĂů
ĂǁĂƌĚŵĞĞƚƐƚŚĞĚĞĮŶŝƟŽŶŽĨ͞ĨƵŶĚŝŶŐĂŐƌĞĞŵĞŶƚ͟ƵŶĚĞƌϯϳ͘&͘Z͘ΑϰϬϭ͘Ϯ;ĂͿĂŶĚƚŚĞƌĞĐŝƉŝĞŶƚ ŽƌƐƵďƌĞĐŝƉŝĞŶƚǁŝƐŚĞƐƚŽĞŶƚĞƌŝŶƚŽĂĐŽŶƚƌĂĐƚǁŝƚŚĂƐŵĂůůďƵƐŝŶĞƐƐĮƌŵŽƌŶŽŶƉƌŽĮƚ ŽƌŐĂŶŝǌĂƟŽŶƌĞŐĂƌĚŝŶŐƚŚĞƐƵďƐƟƚƵƟŽŶŽĨƉĂƌƟĞƐ͕ĂƐƐŝŐŶŵĞŶƚŽƌƉĞƌĨŽƌŵĂŶĐĞŽĨĞǆƉĞƌŝŵĞŶƚĂů͕ ĚĞǀĞůŽƉŵĞŶƚĂů͕ŽƌƌĞƐĞĂƌĐŚǁŽƌŬƵŶĚĞƌƚŚĂƚ͞ĨƵŶĚŝŶŐĂŐƌĞĞŵĞŶƚ͕͟ƚŚĞƌĞĐŝƉŝĞŶƚŽƌƐƵďƌĞĐŝƉŝĞŶƚ ŵƵƐƚĐŽŵƉůǇǁŝƚŚƚŚĞƌĞƋƵŝƌĞŵĞŶƚƐŽĨϯϳ͘&͘Z͘ΑϰϬϭ͕͞ZŝŐŚƚƐƚŽ/ŶǀĞŶƟŽŶƐDĂĚĞďǇEŽŶƉƌŽĮƚ KƌŐĂŶŝǌĂƟŽŶƐĂŶĚ^ŵĂůůƵƐŝŶĞƐƐ&ŝƌŵƐhŶĚĞƌ'ŽǀĞƌŶŵĞŶƚ'ƌĂŶƚƐ͕ŽŶƚƌĂĐƚƐĂŶĚŽŽƉĞƌĂƟǀĞ ŐƌĞĞŵĞŶƚƐ͕͟ĂŶĚĂŶǇŝŵƉůĞŵĞŶƟŶŐƌĞŐƵůĂƟŽŶƐŝƐƐƵĞĚďǇƚŚĞĂǁĂƌĚŝŶŐĂŐĞŶĐǇ͘^ƵƉƉůŝĞƌ ĐĞƌƟĮĞƐƚŚĂƚĚƵƌŝŶŐƚŚĞƚĞƌŵŽĨĂŶĂǁĂƌĚĨŽƌĂůůŐƌĞĞŵĞŶƚƐďǇ^ŽƵƌĐĞǁĞůůƌĞƐƵůƟŶŐĨƌŽŵƚŚŝƐ ƉƌŽĐƵƌĞŵĞŶƚƉƌŽĐĞƐƐ͕^ƵƉƉůŝĞƌŵƵƐƚĐŽŵƉůǇǁŝƚŚĂƉƉůŝĐĂďůĞƌĞƋƵŝƌĞŵĞŶƚƐĂƐƌĞĨĞƌĞŶĐĞĚĂďŽǀĞ͘ v) >
E/Zd;ϰϮh͘^͘͘ΑϳϰϬϭ-ϳϲϳϭY͘ͿEd,
&

Z>td
ZWK>>hd/KE
KEdZK>d;ϯϯh͘^͘͘ΑϭϮϱϭ-ϭϯϴϳͿ͘ ŽŶƚƌĂĐƚƐĂŶĚƐƵďŐƌĂŶƚƐŽĨĂŵŽƵŶƚƐŝŶĞǆĐĞƐƐŽĨ ΨϭϱϬ͕ϬϬϬƌĞƋƵŝƌĞƚŚĞŶŽŶ-ĨĞĚĞƌĂůĂǁĂƌĚƚŽĂŐƌĞĞƚŽĐŽŵƉůǇǁŝƚŚĂůůĂƉƉůŝĐĂďůĞƐƚĂŶĚĂƌĚƐ͕ŽƌĚĞƌƐ ŽƌƌĞŐƵůĂƟŽŶƐŝƐƐƵĞĚƉƵƌƐƵĂŶƚƚŽƚŚĞůĞĂŶŝƌĐƚ;ϰϮh͘^͘͘ΑϳϰϬϭ- 7671q) and the Federal tĂƚĞƌWŽůůƵƟŽŶŽŶƚƌŽůĐƚĂƐĂŵĞŶĚĞĚ;ϯϯh͘^͘͘ΑϭϮϱϭ- ϭϯϴϳͿ͘sŝŽůĂƟŽŶƐŵƵƐƚďĞƌĞƉŽƌƚĞĚƚŽ ƚŚĞ&ĞĚĞƌĂůĂǁĂƌĚŝŶŐĂŐĞŶĐǇĂŶĚƚŚĞZĞŐŝŽŶĂůKĸĐĞŽĨƚŚĞ ŶǀŝƌŽŶŵĞŶƚĂůWƌŽƚĞĐƟŽŶŐĞŶĐǇ
;
WͿ͘^ƵƉƉůŝĞƌĐĞƌƟĮĞƐƚŚĂƚĚƵƌŝŶŐƚŚĞƚĞƌŵŽĨƚŚŝƐŐƌĞĞŵĞŶƚŝƚǁŝůůĐŽŵƉůǇǁŝƚŚĂƉƉůŝĐĂďůĞ ƌĞƋƵŝƌĞŵĞŶƚƐĂƐƌĞĨĞƌĞŶĐĞĚĂďŽǀĞ͘
vi)
ZD
EdE^h^W
E^/KE;
y
hd/s
KZ
Z^ϭϮϱϰϵEϭϮϲϴϵͿ͘ A contract
ĂǁĂƌĚ;ƐĞĞϮ͘&͘Z͘ΑϭϴϬ͘ϮϮϬͿŵƵƐƚŶŽƚďĞŵĂĚĞƚŽƉĂƌƟĞƐůŝƐƚĞĚŽŶƚŚĞŐŽǀĞƌŶŵĞŶƚǁŝĚĞ ĞǆĐůƵƐŝŽŶƐŝŶƚŚĞ^ǇƐƚĞŵĨŽƌǁĂƌĚDĂŶĂŐĞŵĞŶƚ;^DͿ͕ŝŶĂĐĐŽƌĚĂŶĐĞǁŝƚŚƚŚĞKDŐƵŝĚĞůŝŶĞƐ ĂƚϮ͘&͘Z͘ΑϭϴϬƚŚĂƚŝŵƉůĞŵĞŶƚ
ǆĞĐƵƟǀĞKƌĚĞƌƐϭϮϱϰϵ;ϯ͘&͘Z͘ΑϭϵϴϲŽŵƉ͕͘Ɖ͘ϭϴϵͿĂŶĚ ϭϮϲϴϵ;ϯ͘&͘Z͘ΑϭϵϴϵŽŵƉ͕͘Ɖ͘ϮϯϱͿ͕͞ĞďĂƌŵĞŶƚĂŶĚ^ƵƐƉĞŶƐŝŽŶ͘͟^D ǆĐůƵƐŝŽŶƐĐŽŶƚĂŝŶƐ
ƚŚĞŶĂŵĞƐŽĨƉĂƌƟĞƐĚĞďĂƌƌĞĚ͕ƐƵƐƉĞŶĚĞĚ͕ŽƌŽƚŚĞƌǁŝƐĞĞǆĐůƵĚĞĚďǇĂŐĞŶĐŝĞƐ͕ĂƐǁĞůůĂƐƉĂƌƟĞƐ ĚĞĐůĂƌĞĚŝŶĞůŝŐŝďůĞƵŶĚĞƌƐƚĂƚƵƚŽƌǇŽƌƌĞŐƵůĂƚŽƌǇĂƵƚŚŽƌŝƚǇŽƚŚĞƌƚŚĂŶ ǆĞĐƵƟǀĞKƌĚĞƌϭϮϱϰϵ͘
^ƵƉƉůŝĞƌĐĞƌƟĮĞƐƚŚĂƚŶĞŝƚŚĞƌŝƚŶŽƌŝƚƐƉƌŝŶĐŝƉĂůƐĂƌĞƉƌĞƐĞŶƚůǇĚĞďĂƌƌĞĚ͕ƐƵƐƉĞŶĚĞĚ͕ƉƌŽƉŽƐĞĚ ĨŽƌĚĞďĂƌŵĞŶƚ͕ĚĞĐůĂƌĞĚŝŶĞůŝŐŝďůĞ͕ŽƌǀŽůƵŶƚĂƌŝůǇĞǆĐůƵĚĞĚĨƌŽŵƉĂƌƟĐŝƉĂƟŽŶďǇĂŶǇĨĞĚĞƌĂů department or agency.
vii) BYRD ANTI->Kz/E'D
ED
Ed͕^D
E
;ϯϭh͘^͘͘ΑϭϯϱϮͿ͘ Suppliers must
ĮůĞĂŶǇƌĞƋƵŝƌĞĚĐĞƌƟĮĐĂƟŽŶƐ͘^ƵƉƉůŝĞƌƐŵƵƐƚŶŽƚŚĂǀĞƵƐĞĚĨĞĚĞƌĂůĂƉƉƌŽƉƌŝĂƚĞĚĨƵŶĚƐƚŽƉĂǇ ĂŶǇƉĞƌƐŽŶŽƌŽƌŐĂŶŝǌĂƟŽŶĨŽƌŝŶŇƵĞŶĐŝŶŐŽƌĂƩĞŵƉƟŶŐƚŽŝŶŇƵĞŶĐĞĂŶŽĸĐĞƌŽƌĞŵƉůŽǇĞĞŽĨ ĂŶǇĂŐĞŶĐǇ͕ĂŵĞŵďĞƌŽĨŽŶŐƌĞƐƐ͕ŽĸĐĞƌŽƌĞŵƉůŽǇĞĞŽĨŽŶŐƌĞƐƐ͕ŽƌĂŶĞŵƉůŽǇĞĞŽĨĂ ŵĞŵďĞƌŽĨŽŶŐƌĞƐƐŝŶĐŽŶŶĞĐƟŽŶǁŝƚŚŽďƚĂŝŶŝŶŐĂŶǇĨĞĚĞƌĂůĐŽŶƚƌĂĐƚ͕ŐƌĂŶƚ͕ŽƌĂŶǇŽƚŚĞƌ ĂǁĂƌĚĐŽǀĞƌĞĚďǇϯϭh͘^͘͘ΑϭϯϱϮ͘^ƵƉƉůŝĞƌƐŵƵƐƚĚŝƐĐůŽƐĞĂŶǇůŽďbying with non-ĨĞĚĞƌĂůĨƵŶĚƐ ƚŚĂƚƚĂŬĞƐƉůĂĐĞŝŶĐŽŶŶĞĐƟŽŶǁŝƚŚŽďƚĂŝŶŝŶŐĂŶǇĨĞĚĞƌĂůĂǁĂƌĚ͘^ƵĐŚĚŝƐĐůŽƐƵƌĞƐĂƌĞĨŽƌǁĂƌĚĞĚ ĨƌŽŵƟĞƌƚŽƟĞƌƵƉƚŽƚŚĞŶŽŶ-ĨĞĚĞƌĂůĂǁĂƌĚ͘^ƵƉƉůŝĞƌƐŵƵƐƚĮůĞĂůůĐĞƌƟĮĐĂƟŽŶƐĂŶĚĚŝƐĐůŽƐƵƌĞƐ required by, and otherwise coŵƉůǇǁŝƚŚ͕ƚŚĞǇƌĚŶƟ->ŽďďǇŝŶŐŵĞŶĚŵĞŶƚ;ϯϭh͘^͘͘ΑϭϯϱϮͿ͘ viii) Z
KZZ
d
Ed/KEZ
Yh/Z
D
Ed^͘To the extent applicable, Supplier must comply
ǁŝƚŚƚŚĞƌĞĐŽƌĚƌĞƚĞŶƟŽŶƌĞƋƵŝƌĞŵĞŶƚƐĚĞƚĂŝůĞĚŝŶϮ͘&͘Z͘ΑϮϬϬ͘ϯϯϯ͘dŚĞ^ƵƉƉůŝĞƌĨƵƌƚŚĞƌ ĐĞƌƟĮĞƐƚŚĂƚŝƚǁŝůůƌĞƚĂŝŶĂůůƌĞĐŽƌĚƐĂƐƌĞƋƵŝƌĞĚďǇϮ͘&͘Z͘ΑϮϬϬ͘ϯϯϯĨŽƌĂƉĞƌŝŽĚŽĨϯǇĞĂƌƐĂŌĞƌ

030625-USB
v052824 6
ŐƌĂŶƚĞĞƐŽƌƐƵďŐƌĂŶƚĞĞƐƐƵďŵŝƚĮŶĂůĞǆƉĞŶĚŝƚƵƌĞƌĞƉŽƌƚƐŽƌƋƵĂƌƚĞƌůǇŽƌĂŶŶƵĂůĮŶĂŶĐŝĂů ƌĞƉŽƌƚƐ͕ĂƐĂƉƉůŝĐĂďůĞ͕ĂŶĚĂůůŽƚŚĞƌƉĞŶĚŝŶŐŵĂƩĞƌƐĂƌĞĐůŽƐĞĚ͘ ix) ENERGY POLICY AND CONSERVATION ACT COMPLIANCE. To the extent applicable, ^ƵƉƉůŝĞƌŵƵƐƚĐŽŵƉůǇǁŝƚŚƚŚĞŵĂŶĚĂƚŽƌǇƐƚĂŶĚĂƌĚƐĂŶĚƉŽůŝĐŝĞƐƌĞůĂƟŶŐƚŽĞŶĞƌŐǇĞĸĐŝĞŶĐǇ ǁŚŝĐŚĂƌĞĐŽŶƚĂŝŶĞĚŝŶƚŚĞƐƚĂƚĞĞŶĞƌŐǇĐŽŶƐĞƌǀĂƟŽŶƉůĂŶŝƐƐƵĞĚŝŶĐŽŵƉůŝĂŶĐĞǁŝƚŚƚŚĞ ŶĞƌŐǇ
WŽůŝĐǇĂŶĚŽŶƐĞƌǀĂƟŽŶĐƚ͘
x) BUY AMERICAN PROVISIONS COMPLIANCE. To the extent applicable, Supplier must ĐŽŵƉůǇǁŝƚŚĂůůĂƉƉůŝĐĂďůĞƉƌŽǀŝƐŝŽŶƐŽĨƚŚĞƵǇŵĞƌŝĐĂŶĐƚ͘WƵƌĐŚĂƐĞƐŵĂĚĞŝŶĂĐĐŽƌĚĂŶĐĞ ǁŝƚŚƚŚĞƵǇŵĞƌŝĐĂŶĐƚŵƵƐƚĨŽůůŽǁƚŚĞĂƉƉůŝĐĂďůĞƉƌŽĐƵƌĞŵĞŶƚƌƵůĞƐĐĂůůŝŶŐĨŽƌĨƌĞĞĂŶĚ ŽƉĞŶĐŽŵƉĞƟƟŽŶ͘
xi)
^^dKZ
KZ^;Ϯ͘&͘Z͘ΑϮϬϬ͘ϯϯϲͿ͘ ^ƵƉƉůŝĞƌĂŐƌĞĞƐƚŚĂƚĚƵůǇĂƵƚŚŽƌŝǌĞĚ ƌĞƉƌĞƐĞŶƚĂƟǀĞƐŽĨĂĨĞĚĞƌĂůĂŐĞŶĐǇŵƵƐƚŚĂǀĞĂĐĐĞƐƐƚŽĂŶǇďŽŽŬƐ͕ĚŽĐƵŵĞŶƚƐ͕ƉĂƉĞƌƐĂŶĚ ƌĞĐŽƌĚƐŽĨ^ƵƉƉůŝĞƌƚŚĂƚĂƌĞĚŝƌĞĐƚůǇƉĞƌƟŶĞŶƚƚŽ^ƵƉƉůŝĞƌ͛ƐĚŝƐĐŚĂƌŐĞŽĨŝƚƐŽďůŝŐĂƟŽŶƐƵŶĚĞƌƚŚŝƐ ŐƌĞĞŵĞŶƚĨŽƌƚŚĞƉƵƌƉŽƐĞŽĨŵĂŬŝŶŐĂƵĚŝƚƐ͕ĞǆĂŵŝŶĂƟŽŶƐ͕ĞǆĐĞƌƉƚƐ͕ĂŶĚƚƌĂŶƐĐƌŝƉƟŽŶƐ͘dŚĞ ƌŝŐŚƚĂůƐŽŝŶĐůƵĚĞƐƟŵĞůǇĂŶĚƌĞĂƐŽŶĂďůĞĂĐĐĞƐƐƚŽ^ƵƉƉůŝĞƌ͛ƐƉĞƌƐŽŶŶĞůĨŽƌƚŚĞƉƵƌƉŽƐĞŽĨ ŝŶƚĞƌǀŝĞǁĂŶĚĚŝƐĐƵƐƐŝŽŶƌĞůĂƟŶŐƚŽƐƵĐŚĚŽĐƵŵĞŶƚƐ͘
xii) WZKhZ
D
EdK&Z
Ks
Z
Dd
Z/>^;Ϯ͘&͘Z͘ΑϮϬϬ͘ϯϮϮͿ͘A non-ĨĞĚĞƌĂůĞŶƟƚǇ
ƚŚĂƚŝƐĂƐƚĂƚĞĂŐĞŶĐǇŽƌĂŐĞŶĐǇŽĨĂƉŽůŝƟĐĂůƐƵďĚŝǀŝƐŝŽŶŽĨĂƐƚĂƚĞĂŶĚŝƚƐĐŽŶƚƌĂĐƚŽƌƐŵƵƐƚ ĐŽŵƉůǇǁŝƚŚ^ĞĐƟŽŶϲϬϬϮŽĨƚŚĞ^ŽůŝĚtĂƐƚĞŝƐƉŽƐĂůĐƚ͕ĂƐĂŵĞŶĚĞĚďǇƚŚĞZĞƐŽƵƌĐĞ ŽŶƐĞƌǀĂƟŽŶĂŶĚZĞĐŽǀĞƌǇĐƚ͘dŚĞƌĞƋƵŝƌĞŵĞŶƚƐŽĨ^ĞĐƟŽŶϲϬϬϮŝŶĐůƵĚĞƉƌŽĐƵƌŝŶŐŽŶůǇŝƚĞŵƐ ĚĞƐŝŐŶĂƚĞĚŝŶŐƵŝĚĞůŝŶĞƐŽĨƚŚĞ
ŶǀŝƌŽŶŵĞŶƚĂůWƌŽƚĞĐƟŽŶŐĞŶĐǇ;
WͿĂƚϰϬ͘&͘Z͘ΑϮϰϳƚŚĂƚ
ĐŽŶƚĂŝŶƚŚĞŚŝŐŚĞƐƚƉĞƌĐĞŶƚĂŐĞŽĨƌĞĐŽǀĞƌĞĚŵĂƚĞƌŝĂůƐƉƌĂĐƟĐĂďůĞ͕ consistent with maintaining a ƐĂƟƐĨĂĐƚŽƌǇůĞǀĞůŽĨĐŽŵƉĞƟƟŽŶ͕ǁŚĞƌĞƚŚĞƉƵƌĐŚĂƐĞƉƌŝĐĞŽĨƚŚĞŝƚĞŵĞǆĐĞĞĚƐΨϭϬ͕ϬϬϬŽƌƚŚĞ ǀĂůƵĞŽĨƚŚĞƋƵĂŶƟƚǇĂĐƋƵŝƌĞĚĚƵƌŝŶŐƚŚĞƉƌĞĐĞĚŝŶŐĮƐĐĂůǇĞĂƌĞǆĐĞĞĚĞĚΨϭϬ͕ϬϬϬ͖ƉƌŽĐƵƌŝŶŐ solid waste management services in a mĂŶŶĞƌƚŚĂƚŵĂǆŝŵŝǌĞƐĞŶĞƌŐǇĂŶĚƌĞƐŽƵƌĐĞƌĞĐŽǀĞƌǇ͖ ĂŶĚĞƐƚĂďůŝƐŚŝŶŐĂŶĂĸƌŵĂƟǀĞƉƌŽĐƵƌĞŵĞŶƚƉƌŽŐƌĂŵĨŽƌƉƌŽĐƵƌĞŵĞŶƚŽĨƌĞĐŽǀĞƌĞĚŵĂƚĞƌŝĂůƐ ŝĚĞŶƟĮĞĚŝŶƚŚĞ
WŐƵŝĚĞůŝŶĞƐ͘
xiii) &

Z>^
>;^Ϳ͕>K'K^͕E&>'^͘ The Supplier cannot use the seal(s), logos, crests, ŽƌƌĞƉƌŽĚƵĐƟŽŶƐŽĨŇĂŐƐŽƌůŝŬĞŶĞƐƐĞƐŽĨ&ĞĚĞƌĂůĂŐĞŶĐǇŽĸĐŝĂůƐǁŝƚŚŽƵƚƐƉĞĐŝĮĐƉƌĞ-approval. xiv) NO OBLIGATION BY FEDERAL GOVERNMENT. dŚĞh͘^͘ĨĞĚĞƌĂůŐŽǀĞƌŶŵĞŶƚŝƐŶŽƚĂƉĂƌƚǇ ƚŽƚŚŝƐŐƌĞĞŵĞŶƚŽƌĂŶǇƉƵƌĐŚĂƐĞďǇĂWĂƌƟĐŝƉĂƟŶŐ
ŶƟƚǇĂŶĚŝƐŶŽƚƐƵďũĞĐƚƚŽĂŶǇŽďůŝŐĂƟŽŶƐ
ŽƌůŝĂďŝůŝƟĞƐƚŽƚŚĞWĂƌƟĐŝƉĂƟŶŐ
ŶƟƚǇ͕^ƵƉƉůŝĞƌ͕ŽƌĂŶǇŽƚŚĞƌƉĂƌƚǇƉĞƌƚĂŝŶŝŶŐƚŽĂŶǇŵĂƩĞƌ ƌĞƐƵůƟŶŐĨƌŽŵƚŚĞŐƌĞĞŵĞŶƚŽƌĂŶǇƉƵƌĐŚĂƐĞďǇĂŶĂƵƚŚŽƌŝǌĞĚƵƐĞƌ͘ xv) PROGRAM FRAUD AND FALSE OR FRAUDULENT STATEMENTS OR RELATED ACTS. The ŽŶƚƌĂĐƚŽƌĂĐŬŶŽǁůĞĚŐĞƐƚŚĂƚϯϭh͘^͘͘Αϯϴ;ĚŵŝŶŝƐƚƌĂƟǀĞZĞŵĞĚŝĞƐĨŽƌ&ĂůƐĞůĂŝŵƐĂŶĚ ^ƚĂƚĞŵĞŶƚƐͿĂƉƉůŝĞƐƚŽƚŚĞ^ƵƉƉůŝĞƌ͛ƐĂĐƟŽŶƐƉĞƌƚĂŝŶŝŶŐƚŽƚŚŝƐŐƌĞĞŵĞŶƚŽƌĂŶǇƉƵƌĐŚĂƐĞďǇĂ WĂƌƟĐŝƉĂƟŶŐ
ŶƟƚǇ͘
xvi) FEDERAL DEBT. dŚĞ^ƵƉƉůŝĞƌĐĞƌƟĮĞƐƚŚĂƚŝƚŝƐŶŽŶ-ĚĞůŝŶƋƵĞŶƚŝŶŝƚƐƌĞƉĂǇŵĞŶƚŽĨĂŶǇ ĨĞĚĞƌĂůĚĞďƚ͘
ǆĂŵƉůĞƐŽĨƌĞůĞǀĂŶƚĚĞďƚŝŶĐůƵĚĞĚĞůŝŶƋƵĞŶƚƉĂǇƌŽůůĂŶĚŽƚŚĞƌƚĂǆĞƐ͕ĂƵĚŝƚ ĚŝƐĂůůŽǁĂŶĐĞ͕ĂŶĚďĞŶĞĮƚŽǀĞƌƉĂǇŵĞŶƚƐ͘

030625-USB
v052824 7
xvii) CONFLICTS OF INTEREST. dŚĞ^ƵƉƉůŝĞƌŵƵƐƚŶŽƟĨǇƚŚĞh͘^͘KĸĐĞŽĨ'ĞŶĞƌĂů^ĞƌǀŝĐĞƐ͕ ^ŽƵƌĐĞǁĞůů͕ĂŶĚWĂƌƟĐŝƉĂƟŶŐ
ŶƟƚǇĂƐƐŽŽŶĂƐƉŽƐƐŝďůĞŝĨƚŚŝƐŐƌĞĞŵĞŶƚŽƌĂŶǇĂƐƉĞĐƚƌĞůĂƚĞĚ ƚŽƚŚĞĂŶƟĐŝƉĂƚĞĚǁŽƌŬƵŶĚĞƌƚŚŝƐŐƌĞĞŵĞŶƚƌĂŝƐĞƐĂŶĂĐƚƵĂůŽƌƉŽƚĞŶƟĂůĐŽŶŇŝĐƚŽĨŝŶƚĞƌĞƐƚ(as ĚĞƐĐƌŝďĞĚŝŶϮ͘&͘Z͘WĂƌƚϮϬϬͿ͘dŚĞ^ƵƉƉůŝĞƌŵƵƐƚĞǆƉůĂŝŶƚŚĞĂĐƚƵĂůŽƌƉŽƚĞŶƟĂůĐŽŶŇŝĐƚŝŶ ǁƌŝƟŶŐŝŶƐƵĸĐŝĞŶƚĚĞƚĂŝůƐŽƚŚĂƚƚŚĞh͘^͘KĸĐĞŽĨ'ĞŶĞƌĂů^ĞƌǀŝĐĞƐ͕^ŽƵƌĐĞǁĞůů͕ĂŶĚ WĂƌƟĐŝƉĂƟŶŐ
ŶƟƚǇĂƌĞĂďůĞƚŽĂƐƐĞƐƐƚŚĞĂĐƚƵĂůŽƌƉŽƚĞŶƟĂůĐŽŶŇŝĐƚ͖ĂŶĚƉƌŽǀŝĚĞĂŶǇĂĚĚŝƟŽŶĂů ŝŶĨŽƌŵĂƟŽŶĂƐŶĞĐĞƐƐĂƌǇŽƌƌĞƋƵĞƐƚĞĚ͘
xviii) h͘^͘
y
hd/s
KZ
ZϭϯϮϮϰ͘ The Supplier, and its subcontractors, must comply with h͘^͘
ǆĞĐƵƟǀĞKƌĚĞƌϭϯϮϮϰĂŶĚh͘^͘>ĂǁƐƚŚĂƚƉƌŽŚŝďŝƚƚƌĂŶƐĂĐƟŽŶƐǁŝƚŚĂŶĚƉƌŽǀŝƐŝŽŶŽĨ ƌĞƐŽƵƌĐĞƐĂŶĚƐƵƉƉŽƌƚƚŽŝŶĚŝǀŝĚƵĂůƐĂŶĚŽƌŐĂŶŝǌĂƟŽŶƐĂƐƐŽĐŝĂƚĞĚǁŝƚŚƚĞƌƌŽƌŝƐŵ͘ xix) WZK,//d/KEKE
Zd/Ed
>
KDDhE/d/KE^Es/
K^hZs
/>>E

^
Zs/
^KZ
Yh/WD
Ed͘ dŽƚŚĞĞǆƚĞŶƚĂƉƉůŝĐĂďůĞ͕^ƵƉƉůŝĞƌĐĞƌƟĮĞƐƚŚĂƚĚƵƌŝŶŐƚŚĞƚĞƌŵŽĨ ƚŚŝƐŐƌĞĞŵĞŶƚŝƚǁŝůůĐŽŵƉůǇǁŝƚŚĂƉƉůŝĐĂďůĞƌĞƋƵŝƌĞŵĞŶƚƐŽĨϮ͘&͘Z͘ΑϮϬϬ͘Ϯϭϲ͘ xx) DOMESTIC PREFERENCES FOR PROCUREMENTS. To the extent applicable, Supplier ĐĞƌƟĮĞƐƚŚĂƚĚƵƌŝŶŐƚŚĞƚĞƌŵŽĨƚŚŝƐŐƌĞĞŵĞŶƚ͕^ƵƉƉůŝĞƌǁŝůůĐŽŵƉůǇǁŝƚŚĂƉƉůŝĐĂďůĞ ƌĞƋƵŝƌĞŵĞŶƚƐŽĨϮ͘&͘Z͘ΑϮϬϬ͘ϯϮϮ͘
ƌƟĐůĞϮ͗
^ŽƵƌĐĞǁĞůůĂŶĚ^ƵƉƉůŝĞƌKďůŝŐĂƟŽŶƐ
dŚĞdĞƌŵƐŝŶƚŚŝƐƌƟĐůĞϮƌĞůĂƚĞƐƉĞĐŝĮĐĂůůǇƚŽ^ŽƵƌĐĞǁĞůůĂŶĚŝƚƐĂĚŵŝŶŝƐƚƌĂƟŽŶŽĨƚŚŝƐDĂƐƚĞƌ ŐƌĞĞŵĞŶƚǁŝƚŚ^ƵƉƉůŝĞƌĂŶĚ^ƵƉƉůŝĞƌ͛ƐŽďůŝŐĂƟŽŶƐƚŚĞƌĞƵŶĚĞƌ͘ 1) ƵƚŚŽƌŝǌĞĚ^ĞůůĞƌƐ͘^ƵƉƉůŝĞƌŵƵƐƚƉƌŽǀŝĚĞ^ŽƵƌĐĞǁĞůůĂĐƵƌƌĞŶƚŵĞĂŶƐƚŽǀĂůŝĚĂƚĞŽƌĂƵƚŚĞŶƟĐĂƚĞ ^ƵƉƉůŝĞƌ͛ƐĂƵƚŚŽƌŝǌĞĚĚĞĂůĞƌƐ͕ĚŝƐƚƌŝďƵƚŽƌƐ͕ŽƌƌĞƐĞůůĞƌƐǁŚŝĐŚŵĂǇĐŽŵƉůĞƚĞƚƌĂŶƐĂĐƟŽŶƐŽĨ/ŶĐůƵĚĞĚ ^ŽůƵƟŽŶƐŽīĞƌĞĚƵŶĚĞƌƚŚŝƐŐƌĞĞŵĞŶƚ͘^ŽƵƌĐĞǁĞůůŵĂǇƌĞƋƵĞƐƚƵƉĚĂƚĞĚŝŶĨŽƌŵĂƟŽŶŝŶŝƚƐ ĚŝƐĐƌĞƟŽŶ͕ĂŶĚ^ƵƉƉůŝĞƌĂŐƌĞĞƐƚŽƉƌŽǀŝĚĞƌĞƋƵĞƐƚĞĚŝŶĨŽƌŵĂƟŽŶǁŝƚŚŝŶĂƌĞĂƐŽŶĂďůĞƟŵĞ͘ 2) WƌŽĚƵĐƚĂŶĚWƌŝĐĞŚĂŶŐĞƐZĞƋƵŝƌĞŵĞŶƚƐ͘ Supplier may request /ŶĐůƵĚĞĚ^ŽůƵƟŽŶƐchanges, ĂĚĚŝƟŽŶƐ͕ŽƌĚĞůĞƟŽŶƐĂƚĂŶǇƟŵĞ͘ůůƌĞƋƵĞƐƚƐŵƵƐƚďĞŵĂĚĞŝŶǁƌŝƟŶŐďǇƐƵďŵŝƫŶŐĂ^ŽƵƌĐĞǁĞůů Price and Product Change Request Form to Sourcewell. At a minimum, the request must:
x /ĚĞŶƟĨǇƚŚĞĂƉƉůŝĐĂďůĞ^ŽƵƌĐĞǁĞůůŐƌĞĞŵĞŶƚŶƵŵďĞƌ͖
x ůĞĂƌůǇƐƉĞĐŝĨǇƚŚĞƌĞƋƵĞƐƚĞĚĐŚĂŶŐĞ͖
x WƌŽǀŝĚĞƐƵĸĐŝĞŶƚĚĞƚĂŝůƚŽũƵƐƟĨǇƚŚĞƌĞƋƵĞƐƚĞĚĐŚĂŶŐĞ͖ x /ŶĚŝǀŝĚƵĂůůǇůŝƐƚĂůů/ŶĐůƵĚĞĚ^ŽůƵƟŽŶƐĂīĞĐƚĞĚďǇƚŚĞƌĞƋƵĞƐƚĞĚĐŚĂŶŐĞ͕ĂůŽŶŐǁŝƚŚƚŚĞ ƌĞƋƵĞƐƚĞĚĐŚĂŶŐĞ;Ğ͘Ő͕͘ĂĚĚŝƟŽŶ͕ĚĞůĞƟŽŶ͕ƉƌŝĐĞĐŚĂŶŐĞͿ͖ĂŶĚ x /ŶĐůƵĚĞĂĐŽŵƉůĞƚĞƌĞƐƚĂƚĞŵĞŶƚŽĨWƌŝĐŝŶŐ>ŝƐƚǁŝƚŚƚŚĞĞīĞĐƟǀĞĚĂƚĞŽĨƚŚĞŵŽĚŝĮĞĚƉƌŝĐŝŶŐ͕ ŽƌƉƌŽĚƵĐƚĂĚĚŝƟŽŶŽƌĚĞůĞƟŽŶ͘dŚĞŶĞǁƉƌŝĐŝŶŐƌĞƐƚĂƚĞŵĞŶƚŵƵƐƚŝŶĐůƵĚĞĂůů/ŶĐůƵĚĞĚ ^ŽůƵƟŽŶƐŽīĞƌĞĚ͕ĞǀĞŶĨŽƌƚŚŽƐĞŝƚĞŵƐǁŚĞƌĞƉƌŝĐŝŶŐƌĞŵĂŝŶƐƵŶĐŚĂŶŐĞĚ͘ ĨƵůůǇĞǆĞĐƵƚĞĚ^ŽƵƌĐĞǁĞůůWƌŝĐĞĂŶĚWƌŽĚƵĐƚŚĂŶŐĞZĞƋƵĞƐƚ&ŽƌŵǁŝůůďĞĐŽŵĞĂŶĂŵĞŶĚŵĞŶƚƚŽ ƚŚŝƐŐƌĞĞŵĞŶƚĂŶĚǁŝůůďĞŝŶĐŽƌƉŽƌĂƚĞĚďǇƌĞĨĞƌĞŶĐĞ͘ƵĞƚŽƚŚĞĂĐƟŽŶƐŽĨƚŚŝƌĚƉĂƌƟĞƐƌĞŐĂƌĚŝŶŐ interchange rates, Sourcewell agrees to amend the Agreement to allow Supplier to adjust pricing.

WƌŝĐŝŶŐŵĂǇďĞŵŽĚŝĮĞĚŝĨĞǆŝƐƟŶŐŝŶƚĞƌĐŚĂŶŐĞƌĂƚĞƐŽƌƉƌŽŐƌĂŵƐĂƌĞŵŽĚŝĮĞĚ͕ŽƌŝĨŶĞǁŝŶƚĞƌĐŚĂŶŐĞ

030625-USB
v052824 8
ƌĂƚĞƐŽƌƉƌŽŐƌĂŵƐĂƌĞĚĞǀĞůŽƉĞĚ͕ďǇĂŶĂƉƉůŝĐĂďůĞĐĂƌĚŶĞƚǁŽƌŬ͘^ƵĐŚŵŽĚŝĮĐĂƟŽŶƐ͕ŝŶĞŝƚŚĞƌĐĂƐĞ͕ will apply to the-ƚŚĞŶĂƉƉůŝĐĂďůĞĐŽŵƉĞŶƐĂƟŽŶƉĞƌŝŽĚ͘/ĨƚŚĞƉĂƌƟĞƐĐĂŶŶŽƚĂŐƌĞĞŽŶŶĞǁƉƌŝĐŝŶŐ͕ Supplier has the right to terminate the Agreement.
ϯͿ ƵƚŚŽƌŝǌĞĚZĞƉƌĞƐĞŶƚĂƟǀĞ͘ ^ƵƉƉůŝĞƌǁŝůůĂƐƐŝŐŶĂŶƵƚŚŽƌŝǌĞĚZĞƉƌĞƐĞŶƚĂƟǀĞƚŽ^ŽƵƌĐĞǁĞůůĨŽƌƚŚŝƐ ŐƌĞĞŵĞŶƚĂŶĚŵƵƐƚƉƌŽǀŝĚĞƉƌŽŵƉƚŶŽƟĐĞƚŽ^ŽƵƌĐĞǁĞůůŝĨƚŚĂƚƉĞƌƐŽŶŝƐĐŚĂŶŐĞĚ͘dŚĞƵƚŚŽƌŝǌĞĚ ZĞƉƌĞƐĞŶƚĂƟǀĞǁŝůůďĞƌĞƐƉŽŶƐŝďůĞĨŽƌ͗
x DĂŝŶƚĞŶĂŶĐĞĂŶĚŵĂŶĂŐĞŵĞŶƚŽĨƚŚŝƐŐƌĞĞŵĞŶƚ͖
x dŝŵĞůǇƌĞƐƉŽŶƐĞƚŽĂůů^ŽƵƌĐĞǁĞůůĂŶĚWĂƌƟĐŝƉĂƟŶŐ
ŶƟƚǇŝŶƋƵŝƌŝĞƐ͖ĂŶĚ
x WĂƌƟĐŝƉĂƟŽŶŝŶƌĞǀŝĞǁƐǁŝƚŚ^ŽƵƌĐĞǁĞůů͘
^ŽƵƌĐĞǁĞůůΖƐƵƚŚŽƌŝǌĞĚZĞƉƌĞƐĞŶƚĂƟǀĞŝƐŝƚƐŚŝĞĨWƌŽĐƵƌĞŵĞŶƚKĸĐĞƌ. 4) WĞƌĨŽƌŵĂŶĐĞZĞǀŝĞǁƐ͘ Supplier will ƉĞƌĨŽƌŵĂŵŝŶŝŵƵŵŽĨŽŶĞƌĞǀŝĞǁǁŝƚŚ^ŽƵƌĐĞǁĞůůƉĞƌ ĂŐƌĞĞŵĞŶƚǇĞĂƌ͘dŚĞƌĞǀŝĞǁǁŝůůĐŽǀĞƌƚƌĂŶƐĂĐƟŽŶƐƚŽWĂƌƟĐŝƉĂƟŶŐ ŶƟƟĞƐ͕ƉƌŝĐŝŶŐĂŶĚƚĞƌŵƐ͕
ĂĚŵŝŶŝƐƚƌĂƟǀĞĨĞĞƐ͕ƐĂůĞƐĚĂƚĂƌĞƉŽƌƚƐ͕ƉĞƌĨŽƌŵĂŶĐĞŝƐƐƵĞƐ͕ƐƵƉƉůǇ chain issues, customer issues, and ĂŶǇŽƚŚĞƌŶĞĐĞƐƐĂƌǇŝŶĨŽƌŵĂƟŽŶ͘
5) ^ĂůĞƐZĞƉŽƌƟŶŐZĞƋƵŝƌĞĚ͘ Supplier is required as a material element to this Master Agreement to ƌĞƉŽƌƚĂůůĐŽŵƉůĞƚĞĚƚƌĂŶƐĂĐƟŽŶƐǁŝƚŚWĂƌƟĐŝƉĂƟŶŐ
ŶƟƟĞƐƵƟůŝǌŝŶŐƚŚŝƐŐƌĞĞŵĞŶƚ͘&ĂŝůƵƌĞƚŽ
provide complete and accurate ƌĞƉŽƌƚƐĂƐĚĞĮŶĞĚŚĞƌĞŝŶǁŝůůďĞĂŵĂƚĞƌŝĂůďƌĞĂĐŚŽĨƚŚĞŐƌĞĞŵĞŶƚ ĂŶĚ^ŽƵƌĐĞǁĞůůƌĞƐĞƌǀĞƐƚŚĞƌŝŐŚƚƚŽƉƵƌƐƵĞĂůůƌĞŵĞĚŝĞƐĂǀĂŝůĂďůĞĂƚůĂǁŝŶĐůƵĚŝŶŐĐĂŶĐĞůůĂƟŽŶŽĨ this Agreement.
6) ZĞƉŽƌƟŶŐZĞƋƵŝƌĞŵĞŶƚƐ͘ ^ƵƉƉůŝĞƌŵƵƐƚƉƌŽǀŝĚĞ^ŽƵƌĐĞǁĞůůĂŶĂĐƟǀŝƚǇƌĞƉŽƌƚŽĨĂůůƚƌĂŶƐĂĐƟŽŶƐ ĐŽŵƉůĞƚĞĚƵƟůŝǌŝŶŐƚŚŝƐŐƌĞĞŵĞŶƚ͘ZĞƉŽƌƚƐĂƌĞĚƵĞĂƚůĞĂƐƚŽŶĐĞĞĂĐŚĐĂůĞŶĚĂƌƋƵĂƌƚĞƌ;ZĞƉŽƌƟŶŐ WĞƌŝŽĚͿ͘ZĞƉŽƌƚƐŵƵƐƚďĞƌĞĐĞŝǀĞĚŶŽůĂƚĞƌƚŚĂŶϰϱĐĂůĞŶĚĂƌĚĂǇƐĂŌĞƌƚŚĞĞŶĚŽĨĞĂch calendar ƋƵĂƌƚĞƌ͘^ƵƉƉůŝĞƌŵĂǇƌĞƉŽƌƚŽŶĂŵŽƌĞĨƌĞƋƵĞŶƚďĂƐŝƐŝŶŝƚƐĚŝƐĐƌĞƟŽŶ͘ZĞƉŽƌƚƐŵƵƐƚďĞƉƌŽǀŝĚĞĚ ƌĞŐĂƌĚůĞƐƐŽĨƚŚĞĂŵŽƵŶƚŽĨĐŽŵƉůĞƚĞĚƚƌĂŶƐĂĐƟŽŶƐĚƵƌŝŶŐƚŚĂƚƋƵĂƌƚĞƌ;ŝ͘Ğ͕͘ŝĨƚŚĞƌĞĂƌĞŶŽƐĂůĞƐ͕ ^ƵƉƉůŝĞƌŵƵƐƚƐƵďŵŝƚĂƌĞƉŽƌƚŝŶĚŝĐĂƟŶŐŶŽƐales were made). dŚĞZĞƉŽƌƚŵƵƐƚĐŽŶƚĂŝŶƚŚĞĨŽůůŽǁŝŶŐĮĞůĚƐ͗
x WĂƌƟĐŝƉĂƟŶŐ
ŶƟƚǇEĂŵĞ;Ğ͘Ő͕͘ŝƚǇŽĨ^ƚĂƉůĞƐ,ŝŐŚǁĂǇĞƉĂƌƚŵĞŶƚͿ͖
x WĂƌƟĐŝƉĂƟŶŐ
ŶƟƚǇWŚǇƐŝĐĂů^ƚƌĞĞƚĚĚƌĞƐƐ͖
x WĂƌƟĐŝƉĂƟŶŐ
ŶƟƚǇŝƚǇ͖
x WĂƌƟĐŝƉĂƟŶŐ
ŶƟƚǇ^ƚĂƚĞͬWƌŽǀŝŶĐĞ͖
x WĂƌƟĐŝƉĂƟŶŐ
ŶƟƚǇŝƉͬWŽƐƚĂůŽĚĞ͖
x ^ŽƵƌĐĞǁĞůůWĂƌƟĐŝƉĂƟŶŐ
ŶƟƚǇAccount EƵŵďĞƌ͖
x dƌĂŶƐĂĐƟŽŶĞƐĐƌŝƉƟŽŶ͖
x dƌĂŶƐĂĐƟŽŶWƵƌĐŚĂƐĞĚWƌŝĐĞ͖
x ^ŽƵƌĐĞǁĞůůĚŵŝŶŝƐƚƌĂƟǀĞ&ĞĞƉƉůŝĞĚ͖ĂŶĚ
x ĂƚĞdƌĂŶƐĂĐƟŽŶǁĂƐŝŶǀŽŝĐĞĚͬƐĂůĞǁĂƐƌĞĐŽŐŶŝǌĞĚĂƐƌĞǀĞŶƵĞďǇ^ƵƉƉůŝĞƌ͘ /Ĩcollected by Supplier, ƚŚĞZĞƉŽƌƚŵĂǇŝŶĐůƵĚĞƚŚĞĨŽůůŽǁŝŶŐĮĞůĚƐĂƐĂǀĂŝůĂďůĞ͗ x WĂƌƟĐŝƉĂƟŶŐ
ŶƟƚǇŽŶƚĂĐƚEĂŵĞ͖
x WĂƌƟĐŝƉĂƟŶŐ
ŶƟƚǇŽŶƚĂĐƚ
ŵĂŝůĚĚƌĞƐƐ͖
x WĂƌƟĐŝƉĂƟŶŐ
ŶƟƚǇŽŶƚĂĐƚdĞůĞƉŚŽŶĞEƵŵďĞƌ͖

030625-USB
v052824 9
7) ĚŵŝŶŝƐƚƌĂƟǀĞ&ĞĞ͘ /ŶĐŽŶƐŝĚĞƌĂƟŽŶĨŽƌƚŚĞƐƵƉƉŽƌƚĂŶĚƐĞƌǀŝĐĞƐƉƌŽǀŝĚĞĚďǇ^ŽƵƌĐĞǁĞůů͕^ƵƉƉůŝĞƌ ǁŝůůƉĂǇĂŶĚŵŝŶŝƐƚƌĂƟǀĞ&ĞĞƚŽ^ŽƵƌĐĞǁĞůůŽŶĂůůĐŽŵƉůĞƚĞĚƚƌĂŶƐĂĐƟŽŶƐƚŽWĂƌƟĐŝƉĂƟŶŐ ŶƟƟĞƐ
ƵƟůŝǌŝŶŐƚŚŝƐŐƌĞĞŵĞŶƚ͘&ŽƌĐůĂƌŝĮĐĂƟŽŶ͕ŝŶƚŚĞh͘^͘ĂŶŬ&ŝŶĂŶĐŝĂůWƌŽƉŽƐĂů– Sourcewell ĚŵŝŶŝƐƚƌĂƟŽŶ&ĞĞ͗ůůWƌŽĚƵĐƚƐ͕ĚĚŝƟŽŶĂůŽŶĚŝƟŽŶƐ͕ƚŚĞƐĞĐŽŶĚďƵůůĞƚƵŶĚĞƌ͞ĚĚŝƟŽŶĂů ŽŶĚŝƟŽŶƐ͟ŝƐŶŽƚĂĐĐĞƉƚĞĚďǇ^ŽƵƌĐĞǁĞůůĂŶĚŝƐƐƚƌŝĐŬĞŶŝŶŝƚƐĞŶƟƌĞƚǇ͘Supplier will include its ĚŵŝŶŝƐƚƌĂƟǀĞ&ĞĞǁŝƚŚŝŶŝƚƐƉƌŽƉŽƐĞĚƉƌŝĐŝŶŐ͘^ƵƉƉůŝĞƌŵĂǇŶŽƚĚŝƌĞĐƚůǇĐŚĂƌŐĞWĂƌƟĐŝƉĂƟŶŐ ŶƟƟĞƐ
ƚŽŽīƐĞƚƚŚĞĚŵŝŶŝƐƚƌĂƟǀĞ&ĞĞ͘
8) &ĞĞĂůĐƵůĂƟŽŶ͘ ^ƵƉƉůŝĞƌ͛ƐĚŵŝŶŝƐƚƌĂƟǀĞ&ĞĞƉĂǇĂďůĞƚŽ^ŽƵƌĐĞǁĞůůǁŝůůďĞĐĂůĐƵůĂƚĞĚĂƐĂƐƚĂƚĞĚ ƉĞƌĐĞŶƚĂŐĞ;ůŝƐƚĞĚŝŶ^ƵƉƉůŝĞƌ͛ƐWƌŽƉŽƐĂůͿŽĨĂůůĐŽŵƉůĞƚĞĚƚƌĂŶƐĂĐƟŽŶƐƵƟůŝǌŝŶŐƚŚŝƐDĂƐƚĞƌ ŐƌĞĞŵĞŶƚǁŝƚŚŝŶƚŚĞƉƌĞĐĞĚŝŶŐZĞƉŽƌƟŶŐWĞƌŝŽĚ͘ For certain categories, a ŇĂƚĨĞĞ may be proposed. dŚĞĚŵŝŶŝƐƚƌĂƟǀĞ&ĞĞǁŝůůďĞƐƚĂƚĞĚŝŶ^ƵƉƉůŝĞƌ͛ƐWƌŽƉŽƐĂů. 9) &ĞĞZĞŵŝƩĂŶĐĞ͘ ^ƵƉƉůŝĞƌǁŝůůƌĞŵŝƚĨĞĞƚŽ^ŽƵƌĐĞǁĞůůŶŽůĂƚĞƌƚŚĂŶ60 ĐĂůĞŶĚĂƌĚĂǇƐĂŌĞƌƚŚĞĐůŽƐĞ ŽĨƚŚĞƉƌĞĐĞĚŝŶŐĐĂůĞŶĚĂƌƋƵĂƌƚĞƌŝŶĐŽŶũƵŶĐƟŽŶǁŝƚŚ^ƵƉƉůŝĞƌ͛ƐZĞƉŽƌƟŶŐWĞƌŝŽĚŽďůŝŐĂƟŽŶƐ ĚĞĮŶĞĚŚĞƌĞŝŶ͘WĂǇŵĞŶƚƐƐŚŽƵůĚŶŽƚĞƚŚĞ^ƵƉƉůŝĞƌ͛ƐŶĂŵĞĂŶĚ^ŽƵƌĐĞǁĞůů-assigned Agreement ŶƵŵďĞƌŝŶƚŚĞŵĞŵŽ͖ĂŶĚŵƵƐƚďĞĞŝƚŚĞƌŵailed to Sourcewell ĂďŽǀĞ͞ƩŶ͗ĐĐŽƵŶƚƐZĞĐĞŝǀĂďůĞ͟Žƌ ƌĞŵŝƩĞĚĞůĞĐƚƌŽŶŝĐĂůůǇƚŽ^ŽƵƌĐĞǁĞůů͛ƐďĂŶŬŝŶŐŝŶƐƟƚƵƟŽŶƉĞƌ^ŽƵƌĐĞǁĞůů͛Ɛ&ŝŶĂŶĐĞĚĞƉĂƌƚŵĞŶƚ ŝŶƐƚƌƵĐƟŽŶƐ͘
10) EŽŶĐŽŵƉůŝĂŶĐĞ͘ Sourcewell reserves the right to seek all remedies available ĂƚůĂǁĨŽƌƵŶƉĂŝĚŽƌ ƵŶĚĞƌƉĂŝĚĚŵŝŶŝƐƚƌĂƟǀĞ&ĞĞƐĚƵĞƵŶĚĞƌƚŚŝƐŐƌĞĞŵĞŶƚ͘&ĂŝůƵƌĞƚŽƌĞŵŝƚƉĂǇŵĞŶƚ͕delinquent payments͕ƵŶĚĞƌƉĂǇŵĞŶƚƐ͕ŽƌŽƚŚĞƌĚĞǀŝĂƟŽŶƐĨƌŽŵƚŚĞƌĞƋƵŝƌĞŵĞŶƚƐŽĨƚŚŝƐŐƌĞĞŵĞŶƚŵĂǇďĞ ĚĞĞŵĞĚĂŵĂƚĞƌŝĂůďƌĞĂĐŚĂŶĚŵĂǇƌĞƐƵůƚŝŶĐĂŶĐĞůůĂƟŽŶŽĨƚŚŝƐŐƌĞĞŵĞŶƚĂŶĚĚŝƐďĂƌŵĞŶƚĨƌŽŵ ĨƵƚƵƌĞŐƌĞĞŵĞŶƚƐ͘
11) ƵĚŝƚZĞƋƵŝƌĞŵĞŶƚƐ͘ Pursuant to Minn. Stat. Α 16C.05, subdivision 5, the books, records, ĚŽĐƵŵĞŶƚƐ͕ĂŶĚĂĐĐŽƵŶƟŶŐƉƌŽĐĞĚƵƌĞƐĂŶĚƉƌĂĐƟĐĞƐƌĞůĞǀĂŶƚƚŽƚŚŝƐŐƌĞĞŵĞŶƚĂƌĞƐƵďũĞĐƚƚŽ ĞǆĂŵŝŶĂƟŽŶďǇ^ŽƵƌĐĞǁĞůůand ƚŚĞDŝŶŶĞƐŽƚĂ^ƚĂƚĞƵĚŝƚŽƌĨŽƌĂŵŝŶŝŵƵŵŽĨƐŝǆǇĞĂƌƐĨƌŽŵƚŚĞĞŶĚ ŽĨƚŚŝƐŐƌĞĞŵĞŶƚ͘^ƵƉƉůŝĞƌĂŐƌĞĞƐƚŽreasonably ĐŽŽƉĞƌĂƚĞǁŝƚŚ^ŽƵƌĐĞǁĞůůŝŶĂƵĚŝƟŶŐƚƌĂŶƐĂĐƟŽŶƐ ƵŶĚĞƌƚŚŝƐŐƌĞĞŵĞŶƚƚŽĞŶƐƵƌĞĐŽŵƉůŝĂŶĐĞǁŝƚŚƉƌŝĐŝŶŐƚĞƌŵƐ͕ĐŽƌƌĞĐƚĐĂůĐƵůĂƟŽŶĂŶĚƌĞŵŝƩĂŶĐĞŽĨ ĚŵŝŶŝƐƚƌĂƟǀĞ&ĞĞƐ͕ĂŶĚǀĞƌŝĮĐĂƟŽŶŽĨƚƌĂŶƐĂĐƟŽŶƐĂƐŵĂǇďĞƌĞƋƵĞƐƚĞĚďǇĂWĂƌƟĐŝƉĂƟŶŐ ŶƟƚǇŽƌ
Sourcewell.
12) ƐƐŝŐŶŵĞŶƚ͕dƌĂŶƐĨĞƌ͕ĂŶĚĚŵŝŶŝƐƚƌĂƟǀĞŚĂŶŐĞƐ͘^ƵƉƉůŝĞƌŵĂǇŶŽƚĂƐƐŝŐŶŽƌŽƚŚĞƌǁŝƐĞƚƌĂŶƐĨĞƌŝƚƐ ƌŝŐŚƚƐŽƌŽďůŝŐĂƟŽŶƐƵŶĚĞƌƚŚŝƐŐƌĞĞŵĞŶƚǁŝƚŚŽƵƚƚŚĞƉƌŝŽƌǁƌŝƩĞŶĐŽŶƐĞŶƚŽĨ^ŽƵƌĐĞǁĞůů͘^ƵĐŚ consent will not be unreasonably withheld. Sourcewell reserves the right to unilaterally assign all or ƉŽƌƟŽŶƐŽĨƚŚŝƐŐƌĞĞŵĞŶƚǁŝƚŚŝŶŝƚƐƐŽůĞĚŝƐĐƌĞƟŽŶƚŽĂĚĚƌĞƐƐĐŽƌƉŽƌĂƚĞƌĞƐƚƌƵĐƚƵƌŝŶŐƐ͕ŵĞƌŐĞƌƐ͕ ĂĐƋƵŝƐŝƟŽŶƐ͕ŽƌŽƚŚĞƌĐŚĂŶŐĞƐƚŽƚŚĞResponsible Party and named in the Agreement. Any prohibited assignment is invalid. Upon request ^ŽƵƌĐĞǁĞůůŵĂǇŵĂŬĞĂĚŵŝŶŝƐƚƌĂƟǀĞĐŚĂŶŐĞƐƚŽĂŐƌĞĞŵĞŶƚ ĚŽĐƵŵĞŶƚĂƟŽŶƐƵĐŚĂƐŶĂŵĞĐŚĂŶŐĞƐ͕ĂĚĚƌĞƐƐĐŚĂŶŐĞƐ͕ĂŶĚŽƚŚĞƌŶŽŶ-material updates as determined ǁŝƚŚŝŶŝƚƐƐŽůĞĚŝƐĐƌĞƟŽŶ͘
ϭϯͿ ŵĞŶĚŵĞŶƚƐ͘ ŶǇŵĂƚĞƌŝĂůĐŚĂŶŐĞƚŽƚŚŝƐŐƌĞĞŵĞŶƚŵƵƐƚďĞĞǆĞĐƵƚĞĚŝŶǁƌŝƟŶŐƚŚƌŽƵŐŚĂŶ ĂŵĞŶĚŵĞŶƚĂŶĚǁŝůůŶŽƚďĞĞīĞĐƟǀĞƵŶƟůŝƚŚĂƐďĞĞŶĚƵůǇĞǆĞĐƵƚĞĚďǇƚŚĞƉĂƌƟĞƐ.

030625-USB
v052824 10
14) tĂŝǀĞƌ͘ Failure by Sourcewell to ĞŶĨŽƌĐĞany right under this Agreement will not be deemed a waiver ŽĨƐƵĐŚƌŝŐŚƚŝŶƚŚĞĞǀĞŶƚŽĨƚŚĞĐŽŶƟŶƵĂƟŽŶŽƌƌĞƉĞƟƟŽŶŽĨƚŚĞĐŝƌĐƵŵƐƚĂŶĐĞƐŐŝǀŝŶŐƌŝƐĞƚŽƐƵĐŚ right.
15) ŽŵƉůĞƚĞŐƌĞĞŵĞŶƚ͘ dŚŝƐŐƌĞĞŵĞŶƚƌĞƉƌĞƐĞŶƚƐƚŚĞĐŽŵƉůĞƚĞĂŐƌĞĞŵĞŶƚďĞƚǁĞĞŶƚŚĞƉĂƌƟĞƐ ĨŽƌ ƚŚĞƐĐŽƉĞĂƐĚĞĮŶĞĚŚĞƌĞŝŶ͘^ƵƉƉůŝĞƌĂŶĚ^ŽƵƌĐĞǁĞůůŵĂǇĞŶƚĞƌŝŶƚŽƐĞƉĂƌĂƚĞǁƌŝƩĞŶĂŐƌĞĞŵĞŶƚƐ ƌĞůĂƟŶŐƐƉĞĐŝĮĐĂůůǇƚŽƚƌĂŶƐĂĐƟŽŶƐŽƵƚƐŝĚĞŽĨƚŚĞƐĐŽƉĞŽĨƚŚŝƐŐƌĞĞŵĞŶƚ͘ 16) ZĞůĂƟŽŶƐŚŝƉŽĨ^ŽƵƌĐĞǁĞůůĂŶĚ^ƵƉƉůŝĞƌ͘ This Agreement does not create a partnership, joint ǀĞŶƚƵƌĞ͕ŽƌĂŶǇŽƚŚĞƌƌĞůĂƟŽŶƐŚŝƉƐƵĐŚĂƐĞŵƉůŽǇĞĞ͕ŝŶĚĞƉĞŶĚĞŶƚĐŽŶƚƌĂĐƚŽƌ͕ŵĂƐƚĞƌ-servant, or principal-agent.
17) /ŶĚĞŵŶŝĮĐĂƟŽŶ͘
ǆĐĞƉƚƚŽƚŚĞĞǆƚĞŶƚŽĨ^ŽƵƌĐĞǁĞůů͛ƐŽƌŝƚƐWĂƌƟĐŝƉĂƟŶŐ ŶƟƟĞƐ͛ŶĞŐůŝŐĞŶĐĞŽƌ
ǁŝůůĨƵůŵŝƐĐŽŶĚƵĐƚ͕^ƵƉƉůŝĞƌŵƵƐƚŝŶĚĞŵŶŝĨǇ͕ĚĞĨĞŶĚ͕ƐĂǀĞ͕ĂŶĚŚŽůĚ^ŽƵƌĐĞǁĞůů͕ŝŶĐůƵĚŝŶŐƚŚĞŝƌ ĂŐĞŶƚƐĂŶĚĞŵƉůŽǇĞĞƐ͕ŚĂƌŵůĞƐƐĨƌŽŵĂŶǇthird-party ĐůĂŝŵƐŽƌĐĂƵƐĞƐŽĨĂĐƟŽŶ͕ŝŶĐůƵĚŝŶŐĂƩŽƌŶĞǇƐ͛ ĨĞĞƐŝŶĐƵƌƌĞĚďǇ^ŽƵƌĐĞǁĞůů͕ĂƌŝƐŝŶŐŽƵƚŽĨĂŶǇĂĐƚŽƌŽŵŝƐƐŝŽŶŝŶƚŚĞƉĞƌĨŽƌŵĂŶĐĞŽĨƚŚŝƐŐƌĞĞŵĞŶƚ ďǇƚŚĞ^ƵƉƉůŝĞƌŽƌŝƚƐĂŐĞŶƚƐŽƌĞŵƉůŽǇĞĞƐ͖ƚŚŝƐŝŶĚĞŵŶŝĮĐĂƟŽŶŝŶĐůƵĚĞƐŝŶũƵƌǇŽƌĚĞĂƚŚƚŽƉĞƌƐŽŶ;ƐͿ or property ĂůůĞŐĞĚƚŽŚĂǀĞďĞĞŶĐĂƵƐĞĚďǇƐŽŵĞĚĞĨĞĐƚŝŶĚĞƐŝŐŶ͕ĐŽŶĚŝƟŽŶ͕ŽƌƉĞƌĨŽƌŵĂŶĐĞŽĨ /ŶĐůƵĚĞĚ^ŽůƵƟŽŶƐƵŶĚĞƌƚŚŝƐŐƌĞĞŵĞŶƚ͘^ŽƵƌĐĞǁĞůů͛ƐƌĞƐƉŽŶƐŝďŝůŝƚǇǁŝůůďĞŐŽǀĞƌŶĞĚďǇƚŚĞ^ƚĂƚĞŽĨ DŝŶŶĞƐŽƚĂ͛ƐdŽƌƚ>ŝĂďŝůŝƚǇĐƚ;DŝŶŶĞƐŽƚĂ^ƚĂƚƵƚĞƐŚĂƉƚĞƌϰϲϲͿĂŶĚŽƚŚer applicable law. 18) ĂƚĂWƌĂĐƟĐĞƐ͘ Supplier and Sourcewell acknowledge Sourcewell is subject to the Minnesota 'ŽǀĞƌŶŵĞŶƚĂƚĂWƌĂĐƟĐĞƐĐƚ͕DŝŶŶĞƐŽƚĂ^ƚĂƚƵƚĞƐŚĂƉƚĞƌϭϯ͘ƐŝƚĂƉƉůŝĞƐƚŽĂůůĚĂƚĂĐƌĞĂƚĞĚĂŶĚ ŵĂŝŶƚĂŝŶĞĚŝŶƉĞƌĨŽƌŵĂŶĐĞŽĨƚŚŝƐŐƌĞĞŵĞŶƚ͕^ƵƉƉůŝĞƌŵĂǇďĞƐƵďũĞĐƚƚŽƚŚĞƌĞƋƵŝƌĞŵĞŶƚƐŽĨƚŚŝƐ chapter.
19) 'ƌĂŶƚŽĨ>ŝĐĞŶƐĞ͘
a) ƵƌŝŶŐƚŚĞƚĞƌŵŽĨƚŚŝƐŐƌĞĞŵĞŶƚ͗
i) ^ƵƉƉůŝĞƌWƌŽŵŽƟŽŶ͘ Sourcewell grants to Supplier a royalty-ĨƌĞĞ͕ǁŽƌůĚǁŝĚĞ͕ŶŽŶ-exclusive ƌŝŐŚƚĂŶĚůŝĐĞŶƐĞƚŽƵƐĞƚŚĞƚƌĂĚĞŵĂƌŬ;ƐͿƉƌŽǀŝĚĞĚƚŽ^ƵƉƉůŝĞƌďǇ^ŽƵƌĐĞǁĞůůŝŶĂĚǀĞƌƟƐŝŶŐ͕ ƉƌŽŵŽƟŽŶĂůŵĂƚĞƌŝĂůƐ͕ĂŶĚŝŶĨŽƌŵĂƟŽŶĂůƐŝƚĞƐĨŽƌƚŚĞƉƵƌƉŽƐĞŽĨŵĂƌŬĞƟŶŐ^ŽƵƌĐĞǁĞůů͛Ɛ Agreement with Supplier.
ii) ^ŽƵƌĐĞǁĞůůWƌŽŵŽƟŽŶ͘ Supplier grants to Sourcewell a royalty-ĨƌĞĞ͕ǁŽƌůĚǁŝĚĞ͕ŶŽŶĞǆĐůƵƐŝǀĞƌŝŐŚƚĂŶĚůŝĐĞŶƐĞƚŽƵƐĞ^ƵƉƉůŝĞƌ͛ƐƚƌĂĚĞŵĂƌŬƐŝŶĂĚǀĞƌƟƐŝŶŐ͕ƉƌŽŵŽƟŽŶĂů ŵĂƚĞƌŝĂůƐ͕ĂŶĚŝŶĨŽƌŵĂƟŽŶĂůƐŝƚĞƐĨŽƌƚŚĞƉƵƌƉŽƐĞŽĨŵĂƌŬĞƟŶŐ^ƵƉƉůŝĞƌ͛ƐŐƌĞĞŵĞŶƚǁŝƚŚ Sourcewell.
b) >ŝŵŝƚĞĚZŝŐŚƚŽĨ^ƵďůŝĐĞŶƐĞ͘ dŚĞƌŝŐŚƚĂŶĚůŝĐĞŶƐĞŐƌĂŶƚĞĚŚĞƌĞŝŶŝŶĐůƵĚĞƐĂůŝŵŝƚĞĚƌŝŐŚƚŽĨĞĂĐŚ ƉĂƌƚǇƚŽŐƌĂŶƚƐƵďůŝĐĞŶƐĞƐƚŽƚŚĞŝƌƌĞƐƉĞĐƟǀĞƐƵďƐŝĚŝĂƌŝĞƐ͕ĚŝƐƚƌŝďƵƚŽƌƐ͕ĚĞĂůĞƌƐ͕ƌĞƐĞůůĞƌƐ͕ ŵĂƌŬĞƟŶŐƌĞƉƌĞƐĞŶƚĂƟǀĞƐ͕ƉĂƌƚŶĞƌƐ͕ŽƌĂŐĞŶƚƐ;ĐŽůůĞĐƟǀĞůǇ͞WĞƌŵŝƩĞĚ^ƵďůŝĐĞŶƐĞĞƐ͟ͿŝŶ ĂĚǀĞƌƟƐŝŶŐ͕ƉƌŽŵŽƟŽŶĂů͕ŽƌŝŶĨŽƌŵĂƟŽŶĂůŵĂƚĞƌŝĂůƐĨŽƌƚŚĞƉƵƌƉŽƐĞŽĨŵĂƌŬĞƟŶŐƚŚĞWĂƌƟĞƐ͛ ƌĞůĂƟŽŶƐŚŝƉ͘ŶǇƐƵďůŝĐĞŶƐĞŐƌĂŶƚĞĚǁŝůůďĞƐƵďũĞĐƚƚŽƚŚĞƚĞƌŵƐĂŶĚĐŽŶĚŝƟŽŶƐŽĨƚŚŝƐƌƟĐůĞ͘

ĂĐŚƉĂƌƚǇǁŝůůďĞƌĞƐƉŽŶƐŝďůĞĨŽƌĂŶǇďƌĞĂĐŚŽĨƚŚŝƐƐĞĐƟŽŶ ďǇĂŶǇŽĨƚŚĞŝƌƌĞƐƉĞĐƟǀĞ sublicensees.
c) hƐĞ͖YƵĂůŝƚǇŽŶƚƌŽů͘

030625-USB
v052824 11
i) EĞŝƚŚĞƌƉĂƌƚǇŵĂǇĂůƚĞƌƚŚĞŽƚŚĞƌƉĂƌƚǇ͛ƐƚƌĂĚĞŵĂƌŬƐĨƌŽŵƚŚĞĨŽƌŵƉƌŽǀŝĚĞĚĂŶĚŵƵƐƚ ĐŽŵƉůǇǁŝƚŚƌĞŵŽǀĂůƌĞƋƵĞƐƚƐĂƐƚŽƐƉĞĐŝĮĐƵƐĞƐŽĨŝƚƐƚƌĂĚĞŵĂƌŬƐŽƌůŽŐŽƐ. ii)
ĂĐŚƉĂƌƚǇĂŐƌĞĞƐƚŽƵƐĞ͕ĂŶĚƚŽĐĂƵƐĞŝƚƐWĞƌŵŝƩĞĚ^ƵďůŝĐĞŶƐĞĞƐƚŽƵƐĞ͕ƚŚĞŽƚŚĞƌƉĂƌƚǇ͛Ɛ ƚƌĂĚĞŵĂƌŬƐŽŶůǇŝŶŐŽŽĚĨĂŝƚŚĂŶĚŝŶĂĚŝŐŶŝĮĞĚŵĂŶŶĞƌĐŽŶƐŝƐƚĞŶƚǁŝƚŚƐƵĐŚƉĂƌƚǇ͛ƐƵƐĞŽĨ ƚŚĞƚƌĂĚĞŵĂƌŬƐ͘
ĂĐŚƉĂƌƚǇŵĂǇŵĂŬĞǁƌŝƩĞŶŶŽƟĐĞƚŽƚŚĞŽƚŚĞƌƌĞŐĂƌĚŝŶg misuse under ƚŚŝƐƐĞĐƟŽŶ͘dŚĞŽīĞŶĚŝŶŐƉĂƌƚǇǁŝůůŚĂǀĞϯϬĚĂǇƐŽĨƚŚĞĚĂƚĞŽĨƚŚĞǁƌŝƩĞŶŶŽƟĐĞƚŽĐƵƌĞ ƚŚĞŝƐƐƵĞŽƌƚŚĞůŝĐĞŶƐĞͬƐƵďůŝĐĞŶƐĞǁŝůůďĞƚĞƌŵŝŶĂƚĞĚ͘ d) dĞƌŵŝŶĂƟŽŶ͘ hƉŽŶƚŚĞƚĞƌŵŝŶĂƟŽŶŽĨƚŚŝƐŐƌĞĞŵĞŶƚĨŽƌĂŶǇƌĞĂƐŽŶ͕ĞĂĐŚƉĂƌƚǇ͕ŝŶĐůƵĚŝŶŐ WĞƌŵŝƩĞĚ^ƵďůŝĐĞŶƐĞĞƐ͕ǁŝůůŚĂǀĞϯϬĚĂǇƐƚŽƌĞŵŽǀĞĂůůdƌĂĚĞŵĂƌŬƐĨƌŽŵƐŝŐŶĂŐĞ͕ǁĞďƐŝƚĞƐ͕ĂŶĚ ƚŚĞůŝŬĞďĞĂƌŝŶŐƚŚĞŽƚŚĞƌƉĂƌƚǇ͛ƐŶĂŵĞŽƌůŽŐŽ;ĞǆĐĞƉƟŶŐ^ŽƵƌĐĞǁĞůů͛ƐƉƌĞ-printed ĐĂƚĂůŽŐŽĨ ƐƵƉƉůŝĞƌƐǁŚŝĐŚŵĂǇďĞƵƐĞĚƵŶƟůƚŚĞŶĞǆƚƉƌŝŶƟŶŐͿ͘^ƵƉƉůŝĞƌŵƵƐƚƌĞƚƵƌŶĂůůŵĂƌŬĞƟŶŐĂŶĚ ƉƌŽŵŽƟŽŶĂůŵĂƚĞƌŝĂůƐ͕ŝŶĐůƵĚŝŶŐƐŝŐŶĂŐĞ͕ƉƌŽǀŝĚĞĚďǇ^ŽƵƌĐĞǁĞůů͕ŽƌĚŝƐƉŽƐĞŽĨŝƚĂĐĐŽƌĚŝŶŐƚŽ ^ŽƵƌĐĞǁĞůů͛ƐǁƌŝƩĞŶĚŝƌĞĐƟŽŶƐ͘
20) sĞŶƵĞĂŶĚ'ŽǀĞƌŶŝŶŐůĂǁďĞƚǁĞĞŶ^ŽƵƌĐĞǁĞůůĂŶĚ^ƵƉƉůŝĞƌKŶůǇ͘ dŚĞƐƵďƐƚĂŶƟǀĞĂŶĚƉƌŽĐĞĚƵƌĂů ůĂǁƐŽĨƚŚĞ^ƚĂƚĞŽĨDŝŶŶĞƐŽƚĂǁŝůůŐŽǀĞƌŶƚŚŝƐŐƌĞĞŵĞŶƚďĞƚǁĞĞŶ^ŽƵƌĐĞǁĞůůĂŶĚ^ƵƉƉůŝĞƌ͘sĞŶƵĞ ĨŽƌĂůůůĞŐĂůƉƌŽĐĞĞĚŝŶŐƐĂƌŝƐŝŶŐŽƵƚŽĨƚŚŝƐŐƌĞĞŵĞŶƚďĞƚǁĞĞŶ^ŽƵƌĐĞǁĞůůĂŶĚ^ƵƉƉůŝĞƌǁŝůůďĞŝŶ ĐŽƵƌƚŽĨĐŽŵƉĞƚĞŶƚũƵƌŝƐĚŝĐƟŽŶǁŝƚŚŝŶƚŚĞ^ƚĂƚĞŽĨDŝŶŶĞƐŽƚĂ͘dŚŝƐƐĞĐƟŽŶĚŽĞƐŶŽƚĂƉƉůǇƚŽĂŶǇ ĚŝƐƉƵƚĞďĞƚǁĞĞŶ^ƵƉƉůŝĞƌĂŶĚWĂƌƟĐŝƉĂƟŶŐ
ŶƟƚǇ͘dŚŝƐŐƌĞĞŵĞŶƚƌĞƐĞƌǀĞƐƚŚĞƌŝŐŚƚĨŽƌ^ƵƉƉůŝĞƌĂŶĚ WĂƌƟĐŝƉĂƟŶŐ
ŶƟƚǇƚŽŶĞŐŽƟĂƚĞƚŚŝƐƚĞƌŵƚŽǁŝƚŚŝŶĂŶǇƚƌĂŶƐĂĐƟŽŶĚŽĐƵŵĞŶƚƐ. 21) ^ĞǀĞƌĂďŝůŝƚǇ͘ /ĨĂŶǇƉƌŽǀŝƐŝŽŶŽĨƚŚŝƐŐƌĞĞŵĞŶƚŝƐĨŽƵŶĚďǇĂĐŽƵƌƚŽĨĐŽŵƉĞƚĞŶƚũƵƌŝƐĚŝĐƟŽŶƚŽďĞ ŝůůĞŐĂů͕ƵŶĞŶĨŽƌĐĞĂďůĞ͕ŽƌǀŽŝĚƚŚĞŶďŽƚŚƉĂƌƟĞƐǁŝůůďĞƌĞůŝĞǀĞĚĨƌŽŵĂůůŽďůŝŐĂƟŽŶƐĂƌŝƐŝŶŐĨƌŽŵƚŚĂƚ ƉƌŽǀŝƐŝŽŶ͘/ĨƚŚĞƌĞŵĂŝŶĚĞƌŽĨƚŚŝƐŐƌĞĞŵĞŶƚŝƐĐĂƉĂďůĞŽĨďĞŝŶŐƉĞƌĨŽƌŵĞĚ͕ŝƚǁŝůůŶŽƚďĞĂīĞĐƚĞĚ ďǇƐƵĐŚĚĞƚĞƌŵŝŶĂƟŽŶŽƌĮŶĚŝŶŐĂŶĚŵƵƐƚďĞĨƵůůǇƉĞƌĨŽƌŵĞĚ͘ 22) /ŶƐƵƌĂŶĐĞŽǀĞƌĂŐĞ͘ At its own expense, Supplier must maintain valid insurance policy(ies) during ƚŚĞƉĞƌĨŽƌŵĂŶĐĞŽĨƚŚŝƐŐƌĞĞŵĞŶƚǁŝƚŚŝŶƐƵƌĂŶĐĞĐŽŵƉĂŶǇ;ŝĞƐͿůŝĐĞŶƐĞĚŽƌĂƵƚŚŽƌŝǌĞĚƚŽĚŽ ďƵƐŝŶĞƐƐŝŶƚŚĞ^ƚĂƚĞŽĨDŝŶŶĞƐŽƚĂŚĂǀŝŶŐĂŶ͞D
^d͟ƌĂƟŶŐŽĨ- ŽƌďĞƩĞƌ͕ǁŝƚŚĐŽverage and
ůŝŵŝƚƐŽĨŝŶƐƵƌĂŶĐĞŶŽƚůĞƐƐƚŚĂŶƚŚĞĨŽůůŽǁŝŶŐ͗
a) ŽŵŵĞƌĐŝĂů'ĞŶĞƌĂů>ŝĂďŝůŝƚǇ/ŶƐƵƌĂŶĐĞ͘ ^ƵƉƉůŝĞƌǁŝůůŵĂŝŶƚĂŝŶŝŶƐƵƌĂŶĐĞĐŽǀĞƌŝŶŐŝƚƐŽƉĞƌĂƟŽŶƐ͕ with coverage on an occurrence basis, and must be subject to terms no less broad than the /ŶƐƵƌĂŶĐĞ^ĞƌǀŝĐĞƐKĸĐĞ;͞/^K͟ͿŽŵŵĞƌĐŝĂů'ĞŶĞƌĂů>ŝĂďŝůŝƚǇ&Žƌŵ'ϬϬϬϭ;ϮϬϬϭŽƌŶĞǁĞƌ ĞĚŝƟŽŶͿ͕ŽƌĞƋƵŝǀĂůĞŶƚ͘ƚĂŵŝŶŝŵƵŵ͕ĐŽǀĞƌĂŐĞŵƵƐƚŝŶĐůƵĚĞůŝĂďŝůŝƚǇĂƌŝƐŝŶŐĨƌŽŵƉƌĞŵŝƐĞƐ͕ ŽƉĞƌĂƟŽŶƐ͕ďŽĚŝůǇŝŶũƵƌǇĂŶĚƉƌŽƉĞƌƚǇĚĂŵĂŐĞ͕ŝŶĚĞƉĞŶĚĞŶƚĐŽŶƚƌĂĐƚŽƌƐ͕ƉƌŽĚƵĐƚƐ-completed ŽƉĞƌĂƟŽŶƐŝŶĐůƵĚŝŶŐĐŽŶƐƚƌƵĐƟŽŶĚĞĨĞĐƚ͕ĐŽŶƚƌĂĐƚƵĂůůŝĂďŝůŝƚǇ͕ďůĂŶŬĞƚĐŽŶƚƌĂĐƚƵĂůůŝĂbility, and ƉĞƌƐŽŶĂůŝŶũƵƌǇĂŶĚĂĚǀĞƌƟƐŝŶŐŝŶũƵƌǇ͘ůůƌĞƋƵŝƌĞĚůŝŵŝƚƐ͕ƚĞƌŵƐĂŶĚĐŽŶĚŝƟŽŶƐŽĨĐŽǀĞƌĂŐĞŵƵƐƚ ďĞŵĂŝŶƚĂŝŶĞĚĚƵƌŝŶŐƚŚĞƚĞƌŵŽĨƚŚŝƐAgreement.
x Ψϭ͕ϱϬϬ͕ϬϬϬĞĂĐŚŽĐĐƵƌƌĞŶĐĞŽĚŝůǇ/ŶũƵƌǇĂŶĚWƌŽƉĞƌƚǇĂŵĂŐĞ x Ψϭ͕ϱϬϬ͕ϬϬϬWĞƌƐŽŶĂůĂŶĚĚǀĞƌƟƐŝŶŐ/ŶũƵƌǇ
x ΨϮ͕ϬϬϬ͕ϬϬϬĂŐŐƌĞŐĂƚĞĨŽƌƉƌŽĚƵĐƚƐůŝĂďŝůŝƚǇ-ĐŽŵƉůĞƚĞĚŽƉĞƌĂƟŽŶƐ x ΨϮ͕ϬϬϬ͕ϬϬϬŐĞŶĞƌĂůĂŐŐƌĞŐĂƚĞ
b) ĞƌƟĮĐĂƚĞƐŽĨ/ŶƐƵƌĂŶĐĞ͘ WƌŝŽƌƚŽĞǆĞĐƵƟŽŶŽĨƚŚŝƐŐƌĞĞŵĞŶƚ͕^ƵƉƉůŝĞƌŵƵƐƚĨƵƌŶŝƐŚƚŽ ^ŽƵƌĐĞǁĞůůĂĐĞƌƟĮĐĂƚĞŽĨŝŶƐƵƌĂŶĐĞ͕ĂƐĞǀŝĚĞŶĐĞŽĨƚŚĞŝŶƐƵƌĂŶĐĞƌĞƋƵŝƌĞĚƵŶĚĞƌƚŚŝƐ ŐƌĞĞŵĞŶƚ͘WƌŝŽƌƚŽĞǆƉŝƌĂƟŽŶŽĨƚŚĞƉŽůŝĐǇ;ŝĞƐͿ͕ƌĞŶĞǁĂůĐĞƌƟĮĐĂƚĞƐŵƵƐƚďĞŵĂŝůĞĚƚŽ

030625-USB
v052824 12
Sourcewell, 202 12th Street Northeast, P.O. Box 219, Staples, MN 56479 or provided to in an ĂůƚĞƌŶĂƟǀĞŵĂŶŶĞƌĂƐĚŝƌĞĐƚĞĚďǇ^ŽƵƌĐĞǁĞůů͘dŚĞĐĞƌƟĮĐĂƚĞƐŵƵƐƚďĞƐŝŐŶĞĚďǇĂƉĞƌƐŽŶ ĂƵƚŚŽƌŝǌĞĚďǇƚŚĞŝŶƐƵƌĞƌ;ƐͿƚŽďŝŶĚĐŽǀĞƌĂŐĞŽŶƚŚĞŝƌďĞŚĂůĨ͘&ĂŝůƵƌĞŽĨ^ƵƉƉůŝĞƌƚŽŵĂŝŶƚĂŝŶƚŚĞ ƌĞƋƵŝƌĞĚŝŶƐƵƌĂŶĐĞĂŶĚĚŽĐƵŵĞŶƚĂƟŽŶŵĂǇĐŽŶƐƟƚƵƚĞĂŵĂƚĞƌŝĂůďƌĞĂĐŚ͘ c) ĚĚŝƟŽŶĂů/ŶƐƵƌĞĚ
ŶĚŽƌƐĞŵĞŶƚĂŶĚWƌŝŵĂƌǇĂŶĚEŽŶ-ĐŽŶƚƌŝďƵƚŽƌǇ/ŶƐƵƌĂŶĐĞůĂƵƐĞ͘ Supplier ĂŐƌĞĞƐƚŽůŝƐƚ^ŽƵƌĐĞǁĞůů͕ŝŶĐůƵĚŝŶŐŝƚƐŽĸĐĞƌƐ͕ĂŐĞŶƚƐ͕ĂŶĚĞŵƉůŽǇĞĞƐ͕ĂƐĂŶĂĚĚŝƟŽŶĂůŝŶƐƵƌĞĚ ƵŶĚĞƌƚŚĞ^ƵƉƉůŝĞƌ͛ƐĐŽŵŵĞƌĐŝĂůŐĞŶĞƌĂůůŝĂďŝůŝƚǇŝŶƐƵƌĂŶĐĞƉŽůŝĐǇǁŝƚŚƌĞƐƉĞĐƚƚŽůŝĂďŝůŝƚǇĂƌŝƐŝŶŐ ŽƵƚŽĨĂĐƟǀŝƟĞƐ͕͞ŽƉĞƌĂƟŽŶƐ͕͟Žƌ͞ǁŽƌŬ͟ƉĞƌĨŽƌŵĞĚďǇŽƌŽŶďĞŚĂůĨŽĨ^ƵƉƉůŝĞƌ͕ĂŶĚƉƌŽĚƵĐƚƐ ĂŶĚĐŽŵƉůĞƚĞĚŽƉĞƌĂƟŽŶƐŽĨ^ƵƉƉůŝĞƌ͘dŚĞƉŽůŝĐǇƉƌŽǀŝƐŝŽŶ;ƐͿŽƌĞŶĚŽƌƐĞŵĞŶƚ;ƐͿŵƵƐƚĨƵƌƚŚĞƌ provide that coverage is primary and not excess over or contributory with any other valid, ĂƉƉůŝĐĂďůĞ͕ĂŶĚĐŽůůĞĐƟďůĞŝŶƐƵƌĂŶĐĞŽƌƐĞůĨ-ŝŶƐƵƌĂŶĐĞŝŶĨŽƌĐĞĨŽƌƚŚĞĂĚĚŝƟŽŶĂůŝŶƐƵƌĞĚƐ͘ d) tĂŝǀĞƌŽĨ^ƵďƌŽŐĂƟŽŶ͘ Supplier waives and must require (by endorsement or otherwise) all its 'ĞŶĞƌĂů>ŝĂďŝůŝƚǇ͕ƵƚŽŵŽďŝůĞ>ŝĂďŝůŝƚǇ͕ĂŶĚtŽƌŬĞƌƐ͛ŽŵƉĞŶƐĂƟŽŶŝŶƐƵƌĞƌƐƚŽǁĂŝǀĞƐƵďƌŽŐĂƟŽŶ ƌŝŐŚƚƐĂŐĂŝŶƐƚ^ŽƵƌĐĞǁĞůůĂŶĚŽƚŚĞƌĂĚĚŝƟŽŶĂůŝŶƐƵƌĞĚƐĨŽƌůŽƐƐĞƐƉĂŝĚƵŶĚĞƌƚŚĞŝŶƐƵƌĂŶĐĞ policies required by this Agreement or other insurance applicable to the Supplier or its subcontractors. The waiver must apply to deduĐƟďůĞƐĂŶĚͬŽƌƐĞůĨ-ŝŶƐƵƌĞĚƌĞƚĞŶƟŽŶƐĂƉƉůŝĐĂďůĞ to the required insurance maintained by the SƵƉƉůŝĞƌŽƌŝƚƐƐƵďĐŽŶƚƌĂĐƚŽƌƐ͘tŚĞƌĞƉĞƌŵŝƩĞĚďǇ ůĂǁ͕^ƵƉƉůŝĞƌŵƵƐƚƌĞƋƵŝƌĞƐŝŵŝůĂƌǁƌŝƩĞŶĞǆƉƌĞƐƐǁĂŝǀĞƌƐŽĨƐƵďƌŽŐĂƟŽŶĂŶĚŝŶƐƵƌĂŶĐĞĐůĂƵƐĞƐ ĨƌŽŵĞĂĐŚŽĨŝƚƐƐƵďĐŽŶƚƌĂĐƚŽƌƐ͘
e) hŵďƌĞůůĂͬ
ǆĐĞƐƐ>ŝĂďŝůŝƚǇͬ^
>&-INSURED RETENTION. The limits required by this Agreement can ďĞŵĞƚďǇĞŝƚŚĞƌƉƌŽǀŝĚŝŶŐĂƉƌŝŵĂƌǇƉŽůŝĐǇŽƌŝŶĐŽŵďŝŶĂƟŽŶǁŝƚŚƵŵďƌĞůůĂͬĞǆĐĞƐƐůŝĂďŝůŝƚǇ ƉŽůŝĐǇ;ŝĞƐͿ͕ŽƌƐĞůĨ-ŝŶƐƵƌĞĚƌĞƚĞŶƟŽŶ͘
ϮϯͿ dĞƌŵŝŶĂƟŽŶĨŽƌŽŶǀĞŶŝĞŶĐĞ͘ Sourcewell or Supplier may terminate this Agreement upon 60 ĐĂůĞŶĚĂƌĚĂǇƐΖǁƌŝƩĞŶŶŽƟĐĞƚŽƚŚĞŽƚŚĞƌWĂƌƚǇ͘dĞƌŵŝŶĂƟŽŶƉƵƌƐƵĂŶƚƚŽƚŚŝƐƐĞĐƟŽŶǁŝůůŶŽƚƌĞůŝĞǀĞ ƚŚĞ^ƵƉƉůŝĞƌ͛ƐŽďůŝŐĂƟŽŶƐƵŶĚĞƌƚŚŝƐŐƌĞĞŵĞŶƚĨŽƌany ƚƌĂŶƐĂĐƟŽŶƐĞŶƚĞƌĞĚǁŝƚŚWĂƌƟĐŝƉĂƟŶŐ

ŶƟƟĞƐƚŚƌŽƵŐŚƚŚĞĚĂƚĞŽĨƚĞƌŵŝŶĂƟŽŶ͕ŝŶĐůƵĚŝŶŐƌĞƉŽƌƟŶŐĂŶĚƉĂǇŵĞŶƚŽĨĂƉƉůŝĐĂďůĞ ĚŵŝŶŝƐƚƌĂƟǀĞ&ĞĞƐ͘
24) dĞƌŵŝŶĂƟŽŶĨŽƌĂƵƐĞ͘ ^ŽƵƌĐĞǁĞůůŵĂǇƚĞƌŵŝŶĂƚĞƚŚŝƐŐƌĞĞŵĞŶƚƵƉŽŶƉƌŽǀŝĚŝŶŐǁƌŝƩĞŶŶŽƟĐĞŽĨ ŵĂƚĞƌŝĂůďƌĞĂĐŚƚŽ^ƵƉƉůŝĞƌ͘EŽƟĐĞŵƵƐƚĚĞƐĐƌŝďĞƚŚĞďƌĞĂĐŚŝŶƌĞĂƐŽŶĂďůĞĚĞƚĂŝůĂŶĚƐƚĂƚĞƚŚĞ ŝŶƚĞŶƚƚŽƚĞƌŵŝŶĂƚĞƚŚĞŐƌĞĞŵĞŶƚ͘hƉŽŶƌĞĐĞŝƉƚŽĨEŽƟĐĞ͕ƚŚĞ^ƵƉƉůŝĞƌǁŝůůŚĂǀĞϯϬĐalendar days ŝŶǁŚŝĐŚŝƚŵƵƐƚĐƵƌĞƚŚĞďƌĞĂĐŚ͘dĞƌŵŝŶĂƟŽŶƉƵƌƐƵĂŶƚƚŽƚŚŝƐƐĞĐƟŽŶǁŝůůŶŽƚƌĞůŝĞǀĞƚŚĞ^ƵƉƉůŝĞƌ͛Ɛ ŽďůŝŐĂƟŽŶƐƵŶĚĞƌƚŚŝƐŐƌĞĞŵĞŶƚĨŽƌany ƚƌĂŶƐĂĐƟŽŶƐĞŶƚĞƌĞĚǁŝƚŚWĂƌƟĐŝƉĂƟŶŐ ŶƟƟĞƐƚŚƌŽƵŐŚƚŚĞ
ĚĂƚĞŽĨƚĞƌŵŝŶĂƟŽŶ͕ŝŶĐůƵĚŝŶŐƌĞƉŽƌƟŶŐĂŶĚƉĂǇŵĞŶƚŽĨĂƉƉůŝĐĂďůĞĚŵŝŶŝƐƚƌĂƟǀĞ&ĞĞƐ͘ ƌƟĐůĞϯ͗
^ƵƉƉůŝĞƌKďůŝŐĂƟŽŶƐƚŽWĂƌƟĐŝƉĂƟŶŐ
ŶƟƟĞƐ
dŚĞdĞƌŵƐŝŶƚŚŝƐƌƟĐůĞϯƌĞůĂƚĞƐƉĞĐŝĮĐĂůůǇƚŽ^ƵƉƉůŝĞƌĂŶĚĂWĂƌƟĐŝƉĂƟŶŐ ŶƟƚǇǁŚĞŶĞŶƚĞƌŝŶŐ
ƚƌĂŶƐĂĐƟŽŶƐƵƟůŝǌŝŶŐƚŚĞ'ĞŶĞƌĂůdĞƌŵƐĞƐƚĂďůŝƐŚĞĚŝŶƚŚŝƐDĂƐƚĞƌŐƌĞĞŵĞŶƚ͘ƌƟĐůĞϭ'ĞŶĞƌĂůdĞƌŵƐ control over any ĐŽŶŇŝĐƚǁŝƚŚƚŚŝƐƌƟĐůĞ ϯ͘tŚĞƌĞƚŚŝƐDĂƐƚĞƌŐƌĞĞŵĞŶƚŝƐƐŝůĞŶƚŽŶĂŶǇƐƵďũĞĐƚ͕ WĂƌƟĐŝƉĂƟŶŐ
ŶƟƚǇĂŶĚ^ƵƉƉůŝĞƌƌĞƚĂŝŶƚŚĞĂďŝůŝƚǇƚŽŶĞŐŽƟĂƚĞŵƵƚƵĂůůǇĂĐĐĞƉƚĂďůĞƚĞƌŵƐ.

030625-USB
v052824 13
1) YƵŽƚĞƐƚŽWĂƌƟĐŝƉĂƟŶŐ
ŶƟƟĞƐ͘ ^ƵƉƉůŝĞƌƐĂƌĞĞŶĐŽƵƌĂŐĞĚƚŽƉƌŽǀŝĚĞĂůůƉƌŝĐŝŶŐŝŶĨŽƌŵĂƟŽŶ ƌĞŐĂƌĚŝŶŐƚŚĞƚŽƚĂůĐŽƐƚŽĨĂĐƋƵŝƐŝƟŽŶǁŚĞŶƋƵŽƟŶŐƚŽĂWĂƌƟĐŝƉĂƟŶŐ ŶƟƚǇ͘^ƵƉƉůŝĞƌƐĂŶĚ
WĂƌƟĐŝƉĂƟŶŐ
ŶƟƟĞƐĂƌĞĞŶĐŽƵƌĂŐĞĚƚŽŝŶĐůƵĚĞĂůůĐŽƐƚƐƉĞĐŝĮĐĂůůǇĂƐƐŽĐŝĂƚĞĚǁŝƚŚŽƌŝŶĐůƵĚĞĚǁŝthin ƚŚĞ^ƵƉƉůŝĞƌƐƉƌŽƉŽƐĂůĂŶĚ/ŶĐůƵĚĞĚ^ŽůƵƟŽŶƐ ǁŝƚŚŝŶƚƌĂŶƐĂĐƟŽŶĚŽĐƵŵĞŶƚƐ. 2) ^ŚŝƉƉŝŶŐ͕ĞůŝǀĞƌǇ͕ĐĐĞƉƚĂŶĐĞ͕ZĞũĞĐƟŽŶ͕ĂŶĚtĂƌƌĂŶƚǇ͘ ^ƵƉƉůŝĞƌ͛ƐƉƌŽƉŽƐĂůŵĂǇŝŶĐůƵĚĞƉƌŽƉŽƐĞĚ ƚĞƌŵƐƌĞůĂƟŶŐƚŽƐŚŝƉƉŝŶŐ͕ĚĞůŝǀĞƌǇ͕ŝŶƐƉĞĐƟŽŶ͕ĂŶĚĂĐĐĞƉƚĂŶĐĞͬƌĞũĞĐƟŽŶ and other relevant terms ŽĨƚĞŶĚĞƌĞĚ^ŽůƵƟŽŶƐ͘^ƵƉƉůŝĞƌĂŶĚWĂƌƟĐŝƉĂƟŶŐ
ŶƟƚǇŵĂǇŶĞŐŽƟĂƚĞĮŶĂůƚĞƌŵƐĂƉƉƌŽƉƌŝĂƚĞĨŽƌƚŚĞ
ƐƉĞĐŝĮĐƚƌĂŶƐĂĐƟŽŶƌĞůĂƟŶŐƚŽnon-ĂƉƉƌŽƉƌŝĂƟŽŶ͕ƐŚŝƉƉŝŶŐ͕ĚĞůŝǀĞƌǇ͕ŝŶƐƉĞĐƟŽŶ͕ ĂĐĐĞƉƚĂŶĐĞͬƌĞũĞĐƟŽŶŽĨƚĞŶĚĞƌĞĚ ^ŽůƵƟŽŶƐ͕ĂŶĚǁĂƌƌĂŶƚǇĐŽǀĞƌĂŐĞĨŽƌ/ŶĐůƵĚĞĚ^ŽůƵƟŽŶƐ͘^ƵĐŚ terms may include, but are not lŝŵŝƚĞĚƚŽ͕ĐŽƐƚƐ͕ƌŝƐŬŽĨůŽƐƐ͕ƉƌŽƉĞƌƉĂĐŬĂŐŝŶŐ͕ŝŶƐƉĞĐƟŽŶƌŝŐŚƚƐĂŶĚ ƟŵĞůŝŶĞƐ͕ĂĐĐĞƉƚĂŶĐĞŽƌƌĞũĞĐƟŽŶƉƌŽĐĞĚƵƌĞƐ͕ĂŶĚƌĞŵĞĚŝĞƐĂƐŵƵƚƵĂůůǇĂŐƌĞĞĚŝŶĐůƵĚĞŶŽƟĐĞ requirements, replacement, return or exchange procedures, and associated costs. ϯͿ ƉƉůŝĐĂďůĞdĂǆĞƐ͘ WĂƌƟĐŝƉĂƟŶŐ
ŶƟƚǇŝƐƌĞƐƉŽŶƐŝďůĞĨŽƌŶŽƟĨǇŝŶŐƐƵƉƉůŝĞƌŽĨŝƚƐƚĂǆ-exempt status and ĨŽƌƉƌŽǀŝĚŝŶŐ^ƵƉƉůŝĞƌǁŝƚŚĂŶǇǀĂůŝĚƚĂǆ-ĞǆĞŵƉƟŽŶĐĞƌƟĮĐĂƟŽŶ;ƐͿŽƌƌĞůĂƚĞĚĚŽĐƵŵĞŶƚĂƟŽŶ͘ 4) KƌĚĞƌŝŶŐWƌŽĐĞƐƐĂŶĚWĂǇŵĞŶƚ͘ ^ƵƉƉůŝĞƌ͛ƐŽƌĚĞƌŝŶŐƉƌŽĐĞƐƐĂŶĚĂĐĐĞƉƚĂďůĞĨŽƌŵƐŽĨƉĂǇŵĞŶƚĂƌĞ ŝŶĐůƵĚĞĚǁŝƚŚŝŶŝƚƐWƌŽƉŽƐĂů͘WĂƌƟĐŝƉĂƟŶŐ
ŶƟƟĞƐǁŝůůďĞƐŽůĞůǇƌĞƐƉŽŶƐŝďůĞĨŽƌƉĂǇŵĞŶƚƚŽ^ƵƉƉůŝĞƌ ĂŶĚ^ŽƵƌĐĞǁĞůůǁŝůůŚĂǀĞŶŽůŝĂďŝůŝƚǇĨŽƌĂŶǇƵŶƉĂŝĚŝŶǀŽŝĐĞŽĨĂŶǇWĂƌƟĐŝƉĂƟŶŐ ŶƟƚy.
5) dƌĂŶƐĂĐƟŽŶŽĐƵŵĞŶƚƐ͘ WĂƌƟĐŝƉĂƟŶŐ
ŶƟƚǇŵĂǇƌĞƋƵŝƌĞƚŚĞƵƐĞŽĨŝƚƐŽǁŶĨŽƌŵƐƚŽĐŽŵƉůĞƚĞ
ƚƌĂŶƐĂĐƟŽŶƐĚŝƌĞĐƚůǇǁŝƚŚ^ƵƉƉůŝĞƌƵƟůŝǌŝŶŐƚŚĞƚĞƌŵƐĞƐƚĂďůŝƐŚĞĚŝŶƚŚŝƐŐƌĞĞŵĞŶƚ͘^ƵƉƉůŝĞƌ͛Ɛ ƐƚĂŶĚĂƌĚĨŽƌŵĂŐƌĞĞŵĞŶƚƐŵĂǇďĞŽīĞƌĞĚĂƐƉĂƌƚŽĨŝƚƐWƌŽƉŽƐĂů͘^ƵƉƉůŝĞƌĂŶĚWĂƌƟĐŝƉĂƟŶŐ ŶƟƚǇ
ŵĂǇĐŽŵƉůĞƚĞĂŶĚĚŽĐƵŵĞŶƚƚƌĂŶƐĂĐƟŽŶƐƵƟůŝǌŝŶŐĂŶǇƚǇƉĞŽĨƚƌĂŶƐĂĐƟŽŶĚŽĐƵŵĞŶƚƐĂƐŵƵƚƵĂůůǇ ĂŐƌĞĞĚ͘/ŶĂŶǇƚƌĂŶƐĂĐƟŽŶĚŽĐƵŵĞŶƚĞŶƚĞƌĞĚƵƟůŝǌŝŶŐƚŚŝƐŐƌĞĞŵĞŶƚ͕^ƵƉƉůŝĞƌĂŶĚWĂƌƟĐŝƉĂƟŶŐ

ŶƟƚǇŵƵƐƚŝŶĐůƵĚĞƐƉĞĐŝĮĐƌĞĨĞƌĞŶĐĞƚŽƚŚŝƐDĂƐƚĞƌŐƌĞĞŵĞŶƚďǇŶƵŵďĞƌĂŶĚƚŽWĂƌƟĐŝƉĂƟŶŐ

ŶƟƚǇ͛ƐƵŶŝƋƵĞ^ŽƵƌĐĞǁĞůůaccount number.
6) ĚĚŝƟŽŶĂůdĞƌŵƐĂŶĚŽŶĚŝƟŽŶƐ WĞƌŵŝƩĞĚ. WĂƌƟĐŝƉĂƟŶŐ ŶƟƚǇĂŶĚ^ƵƉƉůŝĞƌŵĂǇŶĞŐŽƟĂƚĞĂŶĚ
ŝŶĐůƵĚĞĂĚĚŝƟŽŶĂůƚĞƌŵƐĂŶĚĐŽŶĚŝƟŽŶƐǁŝƚŚŝŶƚƌĂŶƐĂĐƟŽŶĚŽĐƵŵĞŶƚĂƟŽŶĂƐŵƵƚƵĂůůǇĂŐƌĞĞĚ͘^ƵĐŚ terms may supplant or supersede this Master Agreement when necessary and as solely determined ďǇWĂƌƟĐŝƉĂƟŶŐ
ŶƟƚǇ͘^ŽƵƌĐĞǁĞůůŚĂƐĞǆƉƌĞƐƐůǇƌĞƐĞƌǀĞĚƚŚĞƌŝŐŚƚĨŽƌ^ƵƉƉůŝĞƌĂŶĚWĂƌƟĐŝƉĂƟŶŐ

ŶƟƚǇƚŽĂĚĚƌĞƐƐĂŶǇŶĞĐĞƐƐĂƌǇƉƌŽǀŝƐŝŽŶƐǁŝƚŚŝŶƚƌĂŶƐĂĐƟŽŶĚŽĐƵŵĞŶƚƐŶŽƚĞǆƉƌĞƐƐůǇŝŶĐůƵĚĞĚ ǁŝƚŚŝŶƚŚŝƐDĂƐƚĞƌŐƌĞĞŵĞŶƚ͕ŝŶĐůƵĚŝŶŐďƵƚŶŽƚůŝŵŝƚĞĚƚŽƚƌĂŶƐĂĐƟŽŶĐĂŶĐĞůůĂƟŽŶ͕ĚŝƐƉƵƚĞ ƌĞƐŽůƵƟŽŶ͕ŐŽǀĞƌŶŝŶŐůĂǁĂŶĚǀĞŶƵĞ͕ŶŽŶ-ĂƉƉƌŽƉƌŝĂƟŽŶ͕ŝŶƐƵƌĂŶĐĞ͕ĚĞĨĞŶƐĞĂŶĚŝŶĚĞŵŶŝƚǇ͕ĨŽƌĐĞ majeure, and other material terms as mutually agreed.
7) ^ƵďƐĞƋƵĞŶƚŐƌĞĞŵĞŶƚƐĂŶĚ^ƵƌǀŝǀĂů͘ ^ƵƉƉůŝĞƌĂŶĚWĂƌƟĐŝƉĂƟŶŐ ŶƟƚǇŵĂǇĞŶƚĞƌŝŶƚŽĂƐĞƉĂƌĂƚĞ
ĂŐƌĞĞŵĞŶƚƚŽĨĂĐŝůŝƚĂƚĞůŽŶŐ-ƚĞƌŵƉĞƌĨŽƌŵĂŶĐĞŽďůŝŐĂƟŽŶƐƵƟůŝǌŝŶŐƚŚĞƚĞƌŵƐŽĨƚŚŝƐDĂƐƚĞƌ ŐƌĞĞŵĞŶƚĂƐŵƵƚƵĂůůǇĂŐƌĞĞĚ͘^ƵĐŚĂŐƌĞĞŵĞŶƚƐŵĂǇƉƌŽǀŝĚĞĨŽƌĂƉĞƌĨŽƌŵĂŶĐĞƉĞƌŝŽĚĞǆƚĞŶĚŝŶŐ beyond thĞĨƵůůƚĞƌŵŽĨƚŚŝƐDĂƐƚĞƌŐƌĞĞŵĞŶƚ ĂƐĚĞƚĞƌŵŝŶĞĚŝŶƚŚĞĚŝƐĐƌĞƟŽŶŽĨWĂƌƟĐŝƉĂƟŶŐ

ŶƟƚǇ.
8) WĂƌƟĐŝƉĂƟŶŐĚĚĞŶĚƵŵƐ͘ ^ƵƉƉůŝĞƌĂŶĚWĂƌƟĐŝƉĂƟŶŐ
ŶƟƚǇŵĂǇĞŶƚĞƌĂWĂƌƟĐŝƉĂƟŶŐĚĚĞŶĚƵŵŽƌ
ƐŝŵŝůĂƌĚŽĐƵŵĞŶƚĞǆƚĞŶĚŝŶŐĂŶĚƐƵƉƉůĞŵĞŶƟŶŐƚŚĞƚĞƌŵƐŽĨƚŚŝƐDĂƐƚĞƌŐƌĞĞŵĞŶƚƚŽĨĂĐŝůŝƚĂƚĞ ĂĚŽƉƟŽŶĂƐŵĂǇďĞƌĞƋƵŝƌĞĚďǇĂWĂƌƟĐŝƉĂƟŶŐ
ŶƟƚǇ͘

030625-USB
v052824 14

Sourcewell U.S. Bank National Association
By: __________________________ By: __________________________ :ĞƌĞŵǇ^ĐŚǁĂƌƚǌ Ryan Potts
dŝƚůĞ͗ŚŝĞĨWƌŽĐƵƌĞŵĞŶƚKĨĨŝĐĞƌ Title: ^ĞŶŝŽƌsŝĐĞPresident ĂƚĞ͗ͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺ ĂƚĞ͗ͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺ

5)3)OHHW3D\PHQW6ROXWLRQVZLWK5HODWHG6HUYLFHV 9HQGRU'HWDLOV
&RPSDQ\1DPH
86%DQN1DWLRQDO$VVRFLDWLRQ
'RHV\RXUFRPSDQ\FRQGXFW
EXVLQHVVXQGHUDQ\RWKHUQDPH",I
\HVSOHDVHVWDWH

86%DQFRUS
$GGUHVV

1LFROHWW0DOO
%&01+
8 0LQQHDSROLV01
&RQWDFW
%HYHUO\:LOVRQ
(PDLO
EHYHUO\ZLOVRQ#XVEDQNFRP
3KRQH

)D[

+67

6XEPLVVLRQ'HWDLOV
&UHDWHG2Q
)ULGD\-DQXDU\

6XEPLWWHG2Q
7KXUVGD\0DUFK

6XEPLWWHG%\
%HYHUO\:LOVRQ
(PDLO
EHYHUO\ZLOVRQ#XVEDQNFRP
7UDQVDFWLRQ
GG
IGEHEIHGDI
6XEPLWWHU
V,3$GGUHVV

Bid Number: RFP 030625 Vendor Name: U.S. Bank National Association

6SHFLILFDWLRQV
7DEOH
3URSRVHU,GHQWLW\ $XWKRUL]HG5HSUHVHQWDWLYHV
1RW6FRUHG

*HQHUDO,QVWUXFWLRQV
DSSOLHVWRDOO7DEOHV
6RXUFHZHOOSUHIHUVDEULHIEXWWKRURXJKUHVSRQVHWRHDFKTXHVWLRQ'RQRWPHUHO\DWWDFK DGGLWLRQDOGRFXPHQWVWR\RXUUHVSRQVHZLWKRXWDOVRSURYLGLQJDVXEVWDQWLYHUHVSRQVH'RQRWOHDYHDQVZHUVEODQN UHVSRQG³1$´LIWKH
TXHVWLRQGRHVQRWDSSO\WR\RX
SUHIHUDEO\ZLWKDQH[SODQDWLRQ

7DEOH6SHFLILF,QVWUXFWLRQV6RXUFHZHOOUHTXLUHVLGHQWLILFDWLRQRIDOOSDUWLHVUHVSRQVLEOHIRUSURYLGLQJ6ROXWLRQVXQGHUDUHVXOWLQJPDVWHU

DJUHHPHQW
V

5HVSRQVLEOH6XSSOLHU
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¶VFRUSRUDWHRUJDQL]DWLRQDIILOLDWLRQ /LQH
,WHP 4XHVWLRQ 5HVSRQVH

3URYLGHௐWKHௐOHJDOௐQDPHௐRIௐWKHௐ3URSRVHUௐ
DXWKRUL]HGௐWRௐVXEPLWௐWKLVௐ3URSRVDO
86ௐ%DQNௐ1DWLRQDOௐ$VVRFLDWLRQ

,QௐWKHௐHYHQWௐRIௐDZDUGௐLVௐWKLVௐHQWLW\ௐWKHௐ
5HVSRQVLEOHௐ6XSSOLHUௐWKDWௐZLOOௐH[HFXWHௐWKHௐ
PDVWHUௐDJUHHPHQWௐZLWKௐ6RXUFHZHOO"ௐ<ௐRUௐ1
<HV

,GHQWLI\ௐDOOௐVXEVLGLDULHVௐ'%$ௐDXWKRUL]HGௐ
DIILOLDWHVௐDQGௐDQ\ௐRWKHUௐHQWLW\ௐWKDWௐZLOOௐEHௐ
UHVSRQVLEOHௐIRUௐRIIHULQJௐDQGௐSHUIRUPLQJௐGHOLYHU\ௐ
RIௐ6ROXWLRQVௐZLWKLQௐWKLVௐ3URSRVDOௐ
LHௐ
5HVSRQVLEOHௐ6XSSOLHU
V
ௐWKDWௐZLOOௐH[HFXWHௐDௐ
PDVWHUௐDJUHHPHQWௐZLWKௐ6RXUFHZHOO

86ௐ%DQNௐ1DWLRQDOௐ$VVRFLDWLRQௐ
&RPPHUFLDOௐEDQNLQJ

3URYLGHௐ\RXUௐ&$*(ௐFRGHௐRUௐ8QLTXHௐ(QWLW\ௐ
,GHQWLILHUௐ
6$0

86ௐ%DQNௐ1DWLRQDOௐ$VVRFLDWLRQௐ&DJHௐ&RGH
ௐ-71/695-*0
86ௐ%DQNௐ&RUSRUDWHௐ3D\PHQWௐ6\VWHPVௐ&DJHௐ&RGH
ௐ&4<

3URYLGHௐ\RXUௐ1$,&6ௐFRGHௐDSSOLFDEOHௐWRௐ
6ROXWLRQVௐSURSRVHG
2XUௐ1$,&6ௐFRGHௐFDQௐEHௐIRXQGௐRQௐWKLVௐZHEVLWH
ௐKWWSV
ZZZQDLFVFRPFRPSDQ\SURILOH
SDJH"FR ௐDQGௐSURYLGHGௐLQௐ([KLELWௐௐ86ௐ%DQNௐ1$,&6ௐFRGH 3URSRVHUௐ3K\VLFDOௐ$GGUHVV
86ௐ%DQNௐ1DWLRQDOௐ$VVRFLDWLRQ
ௐ6RXWKௐWKௐ6WUHHW
0LQQHDSROLVௐ01ௐ
3KRQH
ௐ

3URSRVHUௐZHEVLWHௐDGGUHVVௐ
RUௐDGGUHVVHV

KWWS
ZZZXVESD\PHQWFRP

3URSRVHU
Vௐ$XWKRUL]HGௐ5HSUHVHQWDWLYHௐ
QDPHௐ
WLWOHௐDGGUHVVௐHPDLOௐDGGUHVVௐ ௐSKRQH
ௐ
7KHௐ
UHSUHVHQWDWLYHௐPXVWௐKDYHௐDXWKRULW\ௐWRௐVLJQௐ
WKHௐ³3URSRVHU¶Vௐ$VVXUDQFHௐRIௐ&RPSOLDQFH´ௐRQௐ
EHKDOIௐRIௐWKHௐ3URSRVHU

5\DQௐ3RWWV
6HQLRUௐ9LFHௐ3UHVLGHQW
U\DQSRWWV#XVEDQNFRP
ௐ6RXWKௐWKௐ6WUHHW
0LQQHDSROLVௐ01ௐ

3URSRVHU
VௐSULPDU\ௐFRQWDFWௐIRUௐWKLVௐSURSRVDOௐ

QDPHௐWLWOHௐDGGUHVVௐHPDLOௐDGGUHVVௐ ௐSKRQH

0DUNௐ+HVV
$VVLVWDQWௐ9LFHௐ3UHVLGHQW²5HODWLRQVKLSௐ0DQDJHU
ௐ6RXWKௐWKௐ6WUHHW
0LQQHDSROLVௐ01ௐ
0DUNKHVV#XVEDQNFRP

3URSRVHU
VௐRWKHUௐFRQWDFWVௐIRUௐWKLVௐSURSRVDOௐLIௐ
DQ\ௐ
QDPHௐWLWOHௐDGGUHVVௐHPDLOௐDGGUHVVௐ ௐ
SKRQH

%HYHUO\ௐ:LOVRQ
$VVLVWDQWௐ9LFHௐ3UHVLGHQW²ௐ9R\DJHUௐ3XEOLFௐ6HFWRUௐ ௐ+LJKHUௐ(GXFDWLRQ ௐ6RXWKௐWKௐ6WUHHW
0LQQHDSROLVௐ01ௐ
%HYHUO\ZLOVRQ#XVEDQNFRP

7DEOH$
)LQDQFLDO9LDELOLW\DQG0DUNHWSODFH6XFFHVV
3RLQWVDSSOLHVWR7DEOH$DQG%

/LQH
,WHP 4XHVWLRQ 5HVSRQVH

Bid Number: RFP 030625 Vendor Name: U.S. Bank National Association

3URYLGHௐDௐEULHIௐKLVWRU\ௐRIௐ\RXUௐFRPSDQ\ௐ
LQFOXGLQJௐ\RXUௐFRPSDQ\¶VௐFRUHௐYDOXHVௐ
EXVLQHVVௐSKLORVRSK\ௐDQGௐLQGXVWU\ௐORQJHYLW\ௐ
UHODWHGௐWRௐWKHௐUHTXHVWHGௐ6ROXWLRQV
7KHௐ9R\DJHUௐ)OHHWௐ&DUGௐ3URJUDPௐLVௐPRUHௐWKDQௐMXVWௐDௐIXHOௐFDUGௐLWௐFRQQHFWVௐ 6RXUFHZHOO¶Vௐ3DUWLFLSDWLQJௐ(QWLWLHVௐZLWKௐDQௐDUUD\ௐRIௐIXHOௐPDLQWHQDQFHௐDQGௐVHUYLFHௐ VROXWLRQVௐWKDWௐVLPSOLI\ௐIOHHWௐPDQDJHPHQWௐ6LQFHௐ

ௐZHௐKDYHௐKHOSHGௐSXEOLFௐDQGௐ
SULYDWHௐVHFWRUௐIOHHWVௐRIௐDOOௐVL]HVௐRSHUDWHௐPRUHௐHIILFLHQWO\ௐDQGௐUHGXFHௐH[SHQVHVௐE\ௐ SURYLGLQJௐQDWLRQZLGHௐDFFHSWDQFHௐUREXVWௐ/HYHOௐ,,,ௐIOHHWௐGDWDௐIRUௐHYHU\ௐWUDQVDFWLRQௐ DGYDQFHGௐSURJUDPௐPDQDJHPHQWௐWRROVௐHIIHFWLYHௐSURJUDPௐFRQWUROVௐDQGௐXQULYDOHGௐ FXVWRPHUௐVHUYLFH
2ULJLQDOO\ௐ86ௐ%DQNௐHQWHUHGௐWKHௐIOHHWௐFDUGௐPDUNHWSODFHௐE\ௐSURYLGLQJௐVXSHULRUௐWD[ௐ H[HPSWLRQௐSURFHVVLQJௐDQGௐHQKDQFHGௐ/HYHOௐ,,,ௐGDWDௐWRௐ6WDWHௐDQGௐ)HGHUDOௐ*RYHUQPHQWௐ DJHQFLHVௐ7KURXJKௐWKHVHௐUHODWLRQVKLSVௐZHௐKDYHௐEXLOWௐVRPHௐRIௐWKHௐODUJHVWௐDQGௐPRVWௐ WHFKQLFDOO\ௐVRSKLVWLFDWHGௐIOHHWௐPDQDJHPHQWௐSURJUDPVௐLQௐWKHௐQDWLRQௐDQGௐKDYHௐVLQFHௐ FROODERUDWHGௐZLWKௐFRPSDQLHVௐLQௐHYHU\ௐPDMRUௐLQGXVWU\ௐQDWLRQZLGH %\ௐVHUYLFLQJௐWKHௐODUJHVWௐSULYDWHௐDQGௐSXEOLFVHFWRUௐIOHHWVௐLQௐWKHௐ8QLWHGௐ6WDWHVௐZHௐKDYHௐ JDLQHGௐDௐXQLTXHௐXQGHUVWDQGLQJௐRIௐWKHௐVRSKLVWLFDWHGௐEX\LQJௐQHHGVௐDQGௐIOHHWௐ PDQDJHPHQWௐUHTXLUHPHQWVௐRIௐODUJHௐFRPSOH[ௐIOHHWVௐ2XUௐVXEVHTXHQWௐDSSURDFKௐWRௐWKHௐ IOHHWௐFDUGௐPDUNHWSODFHௐKDVௐEHFRPHௐWKDWௐRIௐLQGXVWU\ௐH[SHUWௐDQGௐFRQVXOWDWLYHௐEXVLQHVVௐ FROODERUDWRUௐ:HௐVWULYHௐWRௐXQGHUVWDQGௐWKHௐQDWXUHௐRIௐRXUௐFOLHQWV¶ௐEXVLQHVVௐHQYLURQPHQWVௐ DQGௐWKURXJKௐWKDWௐXQGHUVWDQGLQJௐSURYLGHௐPHDQLQJIXOௐSURGXFWVௐDQGௐLQQRYDWLYHௐVHUYLFHVௐ WKDWௐQRWௐRQO\ௐHQDEOHௐRXUௐFOLHQWV¶ௐJURZWKௐEXWௐIDFLOLWDWHௐWKHௐFUHDWLRQௐRIௐVXFFHVVIXOௐORQJ WHUPௐEXVLQHVVௐUHODWLRQVKLSV
7KHௐZRUOGௐDURXQGௐXVௐLVௐFKDQJLQJௐIDVWHUௐWKDQௐLWௐHYHUௐKDVௐEHIRUHௐ,QௐDQௐHUDௐRIௐHYROYLQJௐ H[SHFWDWLRQVௐZHௐKDYHௐDௐSRZHUIXOௐFRQVWDQW
ௐDௐFXOWXUHௐWKDWௐYDOXHVௐHWKLFVௐDERYHௐDOOௐHOVHௐ
2XUௐFRPPLWPHQWௐWRௐHWKLFVௐLVௐHPEHGGHGௐLQௐRXUௐSXUSRVHௐDQGௐFRUHௐYDOXHVௐDQGௐLWௐ JXLGHVௐXVௐDVௐZHௐWUDQVIRUPௐWKHௐZD\ௐZHௐZRUNௐLQQRYDWHௐDQGௐGRௐEXVLQHVVௐ,WௐSRZHUVௐ RXUௐDELOLW\ௐWRௐFRQWLQXHௐGHOLYHULQJௐH[FHSWLRQDOௐFXVWRPHUௐVDWLVIDFWLRQௐDQGௐLQGXVWU\OHDGLQJௐ UHVXOWV
2XUௐ&RGHௐRIௐ(WKLFVௐDQGௐ%XVLQHVVௐ&RQGXFWௐKHOSVௐXVௐPDLQWDLQௐRXUௐVWHDG\ௐSDWKௐ,Wௐ VKRZVௐXVௐKRZௐWRௐEHௐWKHௐPRVWௐWUXVWHGௐFKRLFHௐIRUௐDOOௐRXUௐVWDNHKROGHUVௐIURPௐRXUௐ HPSOR\HHVௐFXVWRPHUVௐDQGௐFRPPXQLWLHVௐWRௐRXUௐVKDUHKROGHUVௐHOHFWHGௐRIILFLDOVௐDQGௐ UHJXODWRUVௐ,WௐVKRZVௐXVௐZK\ௐRSHUDWLQJௐZLWKௐHWKLFVௐLVௐJRRGௐIRUௐEXVLQHVV $FWLQJௐZLWKௐLQWHJULW\ௐEXLOGLQJௐUHODWLRQVKLSVௐEDVHGௐRQௐWUXVWௐDQGௐVSHDNLQJௐXSௐZKHQௐ\RXௐ KDYHௐFRQFHUQVௐLVௐKRZௐZHௐSURWHFWௐRXUௐUHSXWDWLRQௐDQGௐEUDQGௐPLWLJDWHௐULVNௐDQGௐ VWUHQJWKHQௐRXUௐFXOWXUHௐௐSHRSOHௐGRLQJௐWKHௐULJKWௐWKLQJௐ7KLVௐLVௐKRZௐZH¶UHௐFUHDWLQJௐ WKHௐIXWXUHௐQRZௐWRJHWKHU
:HௐWUDFHௐRXUௐHDUOLHVWௐURRWVௐWRௐௐZKHQௐ)DUPHUVௐDQGௐ0LOOHUVௐ%DQNௐLQௐ0LOZDXNHHௐ RSHQHGௐLWVௐGRRUVௐHYHQWXDOO\ௐEHFRPLQJௐ)LUVWௐ:LVFRQVLQௐDQGௐXOWLPDWHO\ௐ)LUVWDUௐ,Qௐ6Wௐ /RXLVௐLQௐௐWKHௐ0HUFDQWLOHௐ7UXVWௐ&RPSDQ\ௐZDVௐIRXQGHGௐ7KHௐ)LUVWௐ1DWLRQDOௐ%DQNௐ RIௐ&LQFLQQDWLௐRSHQHGௐIRUௐEXVLQHVVௐLQௐௐDQGௐJUHZௐWKURXJKௐPDQ\ௐPRUHௐGHFDGHVௐWRௐ HYHQWXDOO\ௐEHFRPHௐ6WDUௐ%DQFௐ&RUSRUDWLRQ
7KHௐ)LUVWௐ1DWLRQDOௐ%DQNௐRIௐ6Wௐ3DXOௐZDVௐFKDUWHUHGௐLQௐௐDIWHUௐGRLQJௐEXVLQHVVௐIRUௐ ௐ\HDUVௐDVௐ3DUNHUௐ3DLQHௐ ௐ&Rௐ$ௐ\HDUௐODWHUௐ7KHௐ)LUVWௐ1DWLRQDOௐ%DQNௐRIௐ 0LQQHDSROLVௐUHFHLYHGௐLWVௐFKDUWHUௐ%HIRUHௐWKDWௐLWௐKDGௐEHHQௐDௐSULYDWHௐEDQNLQJௐKRXVHௐ FDOOHGௐ6LGHOௐ:ROIRUGௐ ௐ&Rௐ7KHVHௐWZRௐ)LUVWௐ1DWLRQDOVௐIRUPHGௐDௐKROGLQJௐFRPSDQ\ௐLQௐ HDUO\ௐ

ௐWKDWௐEHFDPHௐNQRZQௐDVௐ)LUVWௐ%DQNௐ6WRFNௐ&RUSRUDWLRQௐ±ௐZKLFKௐLWௐUHPDLQHGௐ XQWLOௐ
ௐZKHQௐLWௐWRRNௐWKHௐQDPHௐ)LUVWௐ%DQNௐ6\VWHP
,Qௐ
ௐ7KHௐ8QLWHGௐ6WDWHVௐ1DWLRQDOௐ%DQNௐRIௐ3RUWODQGௐ2UHJRQௐZDVௐFKDUWHUHGௐ,Qௐ
ௐWKHௐ86ௐ1DWLRQDOௐ%DQNௐRIௐ3RUWODQGௐZDVௐPHUJHGௐLQWRௐWKHௐ$LQVZRUWKௐ1DWLRQDOௐ %DQNௐRIௐ3RUWODQGௐEXWௐNHSWௐWKHௐ86ௐ1DWLRQDOௐ%DQNௐQDPHௐ7KLVௐWXUQHGௐRXWௐWRௐEHௐDQௐ DXVSLFLRXVௐGHFLVLRQௐDVௐDௐ
ௐIHGHUDOௐODZௐSURKLELWHGௐRWKHUௐEDQNVௐIURPௐXVLQJௐ8QLWHGௐ 6WDWHVௐLQௐWKHLUௐQDPHVௐIURPௐWKDWௐWLPHௐIRUZDUGௐ86ௐ1DWLRQDOௐZDVௐDPRQJௐWKHௐILUVWௐ EDQNVௐWRௐIRUPௐDௐRQHEDQNௐKROGLQJௐFRPSDQ\ௐ±ௐFDOOHGௐ86ௐ%DQFRUS 7KHVHௐEDQNVௐWKULYHGௐDVௐLQGHSHQGHQWௐHQWLWLHVௐHDFKௐJURZLQJௐLQWRௐDௐUHVSHFWHGௐIRUFHௐ

DQGௐXVXDOO\ௐWKHௐODUJHVWௐFRPPHUFLDOௐEDQN
ௐLQௐWKHLUௐUHVSHFWLYHௐPDUNHWSODFHVௐ$Vௐ
RSSRUWXQLWLHVௐDURVHௐHDFKௐSDUWLFLSDWHGௐLQௐLQPDUNHWௐPHUJHUVௐDQGௐDFTXLVLWLRQVௐGXULQJௐ WKHௐHDUO\ௐGHFDGHVௐRIௐWKHௐWKௐFHQWXU\ௐDQGௐZLGHUVSUHDGௐH[SDQVLRQVௐGXULQJௐWKHௐ Vௐ
DQGௐ

Vௐ±ௐLQFOXGLQJௐEULQJLQJௐ&RORUDGRௐ1DWLRQDOௐ%DQNௐLQWRௐ)LUVWௐ%DQNௐ6\VWHPௐLQௐ

ௐDQGௐ:HVWௐ2QHௐ%DQFRUSௐLQWRௐWKHௐRULJLQDOௐ86ௐ%DQFRUSௐLQௐ

:HௐZLOOௐQRWௐOLVWௐHYHU\ௐEDQNௐZKRVHௐFXVWRPHUVௐEUDQFKHVௐH[SHUWLVHௐDQGௐDVVHWVௐ FRPELQHGௐZLWKௐWKHVHௐDQFHVWRUௐEDQNVௐ6LQFHௐ
ௐDORQHௐPRUHௐWKDQௐௐEDQNVௐODUJHௐ
DQGௐVPDOOௐKDYHௐKHOSHGௐWRௐIRUPௐWRGD\¶Vௐ86ௐ%DQFRUSௐ'XULQJௐWKHௐ

Vௐ6WDUௐ)LUVWDUௐ
DQGௐ0HUFDQWLOHௐPHUJHGௐWRௐEHFRPHௐWKHௐQHZௐ)LUVWDUௐDQGௐ)LUVWௐ%DQNௐ6\VWHPௐDQGௐ86ௐ %DQFRUSௐFRPELQHGௐDVௐ86ௐ%DQFRUSௐ,Qௐௐ)LUVWDUௐDQGௐ86ௐ%DQFRUSௐEHFDPHௐWKHௐ QHZௐ86ௐ%DQFRUS

Bid Number: RFP 030625 Vendor Name: U.S. Bank National Association

:KDWௐDUHௐ\RXUௐFRPSDQ\¶VௐH[SHFWDWLRQVௐLQௐWKHௐ
HYHQWௐRIௐDQௐDZDUG"
)ROORZLQJௐDQௐDZDUGௐRIௐEXVLQHVVௐDVௐDQௐLQFXPEHQWௐYHQGRUௐWRௐ6RXUFHZHOOௐDQGௐLWVௐ 3DUWLFLSDWLQJௐ(QWLWLHVௐZHௐDUHௐUHDG\ௐDQGௐDEOHௐWRௐVXSSRUWௐWKHௐSURJUDPௐRQௐGD\ௐRQHௐDQGௐ ZHௐORRNௐIRUZDUGௐWRௐFRQWLQXLQJௐWRௐJURZௐWKHௐSURJUDPௐWRJHWKHUௐ<RXUௐ5HODWLRQVKLSௐ 0DQDJHUVௐ0DUNௐ+HVVௐDQGௐ%HYHUO\ௐ:LOVRQௐZLOOௐPDLQWDLQௐXOWLPDWHௐRZQHUVKLSௐIRUௐWKHௐ UHODWLRQVKLSௐ7KH\ௐZLOOௐZRUNௐFORVHO\ௐZLWKௐLQGLYLGXDOVௐIURPௐDOOௐDUHDVௐRIௐ86ௐ%DQNௐWRௐ UHVROYHௐSURJUDPௐLVVXHVௐDQGௐZLOOௐDOVRௐSURYLGHௐGLUHFWLRQௐGXULQJௐQHZௐFXVWRPHUௐ LPSOHPHQWDWLRQௐDQGRUௐWKHௐLQFRUSRUDWLRQௐRIௐWKHௐFRPPHUFLDOௐFDUGௐSURJUDPௐWRௐIDFLOLWDWHௐ WKHLUௐVXFFHVVௐWKURXJKௐFRQWLQXHGௐFRQVXOWDWLRQௐDQGௐLQWURGXFWLRQௐRIௐSDUWLFLSDQWVௐWRௐWKHLUௐ &XVWRPHUௐ6HUYLFHௐ5HSUHVHQWDWLYHVௐ7KH\ௐZLOOௐDOVRௐFRQWLQXHௐWRௐKHDGௐWKHௐLQLWLDWLYHௐWRௐ IXOO\ௐXQGHUVWDQGௐHDFKௐFXVWRPHU¶VௐREMHFWLYHVௐWRௐGHYHORSௐDQGௐPRQLWRUௐPXWXDOO\ௐ GHWHUPLQHGௐDFFRXQWௐSHUIRUPDQFHௐJRDOVௐ7KURXJKRXWௐWKHௐWHUPௐRIௐWKHௐDJUHHPHQWௐ0DUNௐ ZLOOௐFRQGXFWௐRSWLPL]DWLRQௐDQGௐHQKDQFHPHQWௐSURMHFWVௐWKDWௐIRFXVHGௐRQௐFXVWRPHUV¶ௐ SURJUDPௐH[SDQVLRQௐDQGௐDGRSWLRQௐRIௐLQGXVWU\ZLGHௐEHVWௐSUDFWLFHVௐ+HௐZLOOௐDOVRௐGHOLYHUௐ DFFRXQWௐSHUIRUPDQFHௐUHYLHZVௐSURJUDPௐXSGDWHVௐDQGௐSURGXFWௐHQKDQFHPHQWV

'HPRQVWUDWHௐ\RXUௐILQDQFLDOௐVWUHQJWKௐDQGௐ
VWDELOLW\ௐZLWKௐPHDQLQJIXOௐGDWDௐ7KLVௐFRXOGௐ
LQFOXGHௐVXFKௐLWHPVௐDVௐILQDQFLDOௐVWDWHPHQWVௐ
6(&ௐILOLQJVௐFUHGLWௐDQGௐERQGௐUDWLQJVௐOHWWHUVௐ
RIௐFUHGLWௐDQGௐGHWDLOHGௐUHIHUHQFHௐOHWWHUVௐ
8SORDGௐVXSSRUWLQJௐGRFXPHQWVௐ
DVௐDSSOLFDEOH
ௐ
LQௐWKHௐGRFXPHQWௐXSORDGௐVHFWLRQௐRIௐ\RXUௐ
UHVSRQVHௐ'2ௐ127ௐ3529,'(ௐ$1<ௐ7$;ௐ
,1)250$7,21ௐ25ௐ3(5621$//<ௐ
,'(17,),$%/(ௐ,1)250$7,21
86ௐ%DQFRUSௐFRQWLQXHVௐWRௐGHOLYHUௐFRQVLVWHQWௐSUHGLFWDEOHௐUHSHDWDEOHௐLQGXVWU\OHDGLQJௐ ILQDQFLDOௐUHVXOWVௐ2XUௐGLVFLSOLQHGௐEXVLQHVVௐRSHUDWLRQVௐDWௐDOOௐOHYHOVௐJLYHௐXVௐFRQILGHQFHௐ LQௐWKHௐFRPPLWPHQWVௐDQGௐGHFLVLRQVௐZHௐPDNHௐDOORZLQJௐXVௐWRௐGRௐZKDW¶VௐULJKWௐIRUௐRXUௐ VKDUHKROGHUVௐFXVWRPHUVௐDQGௐFRPPXQLWLHVௐ:HௐKDYHௐDௐSURYHQௐWUDFNௐUHFRUGௐRIௐ VXFFHVVௐLQFOXGLQJௐWKHௐEHVWௐGHEWௐUDWLQJVௐLQௐWKHௐEDQNLQJௐLQGXVWU\ௐ:HௐDUHௐIRFXVHGௐRQௐ EHLQJௐWKHௐPRVWௐWUXVWHGௐFKRLFHௐFUHDWLQJௐWKHௐIXWXUHௐQRZௐGULYLQJௐRQHௐ86ௐ%DQFRUSௐDQGௐ VWULYLQJௐIRUௐVLPSOLFLW\ௐWRௐKRQRUௐRXUௐFRPPLWPHQWௐWRௐVWUHQJWKHQௐILQDQFLDOௐIXWXUHVௐWRJHWKHU :HௐDUHௐUDWHGௐE\ௐWKHௐFUHGLWௐUDWLQJௐDJHQFLHVௐ0RRG\¶Vௐ6WDQGDUGௐ ௐ3RRU¶Vௐ 6 3
ௐ)LWFKௐ
DQGௐ'%56ௐ2XUௐGHEWௐUDWLQJVௐDUHௐSURYLGHGௐLQௐWKHௐIROORZLQJௐ OLQNKWWSV
LUXVEDQNFRPLQYHVWRUUHODWLRQVILQDQFLDOLQIRUPDWLRQFUHGLWUDWLQJVௐDQGௐLVௐ SURYLGHGௐLQௐ([KLELWௐௐ86ௐ%DQFRUSௐ&UHGLWௐ5DWLQJVௐ,QௐDGGLWLRQௐZHௐKDYHௐDWWDFKHGௐRXUௐ PRVWௐUHFHQWௐ&RUSRUDWHௐ3URILOHௐLQௐ([KLELWௐௐ86ௐ%DQNௐௐ)RXUWKௐ4XDUWHUௐ&RUSRUDWHௐ 3URILOH
7KHௐPRVWௐUHFHQWௐ0DQDJHPHQWௐ$VVHVVPHQWௐUHSRUWௐDQGௐ,QGHSHQGHQWௐ$XGLWௐ2SLQLRQௐRQௐ LQWHUQDOௐFRQWUROௐRYHUௐILQDQFLDOௐUHSRUWLQJௐFDQௐEHௐIRXQGௐLQௐWKHௐௐ86ௐ%DQFRUSௐ $QQXDOௐ5HSRUWௐDYDLODEOHௐDWௐXVEDQNFRPDQQXDOௐUHSRUWVௐRUௐWKHௐIXOOௐGRFXPHQWௐLVௐ DYDLODEOHௐLQௐ([KLELWௐௐ86ௐ%DQFRUSௐ$QQXDOௐ5HSRUWௐ

:KDWௐLVௐ\RXUௐ86ௐPDUNHWௐVKDUHௐIRUௐWKHௐ
6ROXWLRQVௐWKDWௐ\RXௐDUHௐSURSRVLQJ"
86ௐ%DQNௐLVௐWKHௐRQO\ௐEDQNௐWRௐRIIHUௐDௐIOHHWVSHFLILFௐFDUGௐWKDWௐUXQVௐRQௐLWVௐRZQௐ SURSULHWDU\ௐQHWZRUNௐ:HௐKDYHௐWKHௐSD\PHQWVௐH[SHUWLVHௐDQGௐVHFXULW\ௐ\RXௐFDQௐWUXVW 7KHௐ86ௐ%DQNௐ9R\DJHUௐ)OHHWௐ3URJUDPௐSURYLGHVௐDௐVLQJOHௐVRXUFHௐVROXWLRQௐWRௐKHOSௐ\RXௐ PDQDJHௐDQGௐFRQWUROௐIXHOௐDQGௐPDLQWHQDQFHௐFRVWVௐQRௐPDWWHUௐWKHௐW\SHௐRIௐYHKLFOHVௐWKDWௐ PDNHௐXSௐ\RXUௐIOHHWௐ:LWKௐPRUHௐWKDQௐௐ\HDUVௐRIௐIXHOௐFDUGௐH[SHULHQFHௐDQGௐDQௐLQGXVWU\ OHDGLQJௐWHFKQRORJ\ௐSODWIRUPௐZHௐKDYHௐWKHௐIOH[LELOLW\ௐDQGௐH[SHUWLVHௐWRௐPHHWௐWKHௐQHHGVௐ DQGௐIXWXUHௐJURZWKௐRIௐDQ\ௐVL]HௐIOHHW
:HௐPDQDJHௐIOHHWௐFDUGௐUHODWLRQVKLSVௐIRUௐPDQ\ௐ)HGHUDOௐ*RYHUQPHQWௐDJHQFLHVௐDQGௐZHௐ KDYHௐVRPHௐRIௐWKHௐODUJHVWௐFRPPHUFLDOௐIOHHWௐPDQDJHPHQWௐSURJUDPVௐLQௐWKHௐQDWLRQௐ LQFOXGLQJௐFRPSDQLHVௐLQௐHYHU\ௐPDMRUௐLQGXVWU\ௐQDWLRQZLGHௐ:HௐZLOOௐFRQWLQXHௐWRௐVHUYHௐDVௐ DௐOHDGLQJௐLVVXHUௐRIௐIOHHWௐFDUGVௐWRௐWKHௐSXEOLFௐDQGௐSULYDWHௐVHFWRUVௐDQGௐZHௐZLOOௐFRQWLQXHௐ WRௐSURYLGHௐVXSHULRUௐFXVWRPHUௐVHUYLFHௐWRௐRXUௐH[LVWLQJௐFOLHQWVௐZKLOHௐWDUJHWLQJௐQHZௐ EXVLQHVV
$VௐDௐFXUUHQWௐ6RXUFHZHOOௐYHQGRUௐ86ௐ%DQNௐFXUUHQWO\ௐVXSSRUWVௐௐSDUWLFLSDWLQJௐHQWLWLHVௐ ZLWKௐRYHUௐௐPLOOLRQௐLQௐDQQXDOௐVSHQG
,QௐWRWDOௐ86ௐ%DQNௐVXSSRUWVௐPRUHௐWKDQௐௐIOHHWௐFDUGௐFOLHQWVௐZLWKௐௐPLOOLRQௐDFWLYHௐ GULYHUௐDFFRXQWVௐௐELOOLRQௐDQQXDOௐVSHQGௐDQGௐQHDUO\ௐௐPLOOLRQௐWUDQVDFWLRQVௐSURFHVVHGௐ LQௐௐ:KLOHௐRXUௐFOLHQWV¶ௐIOHHWVௐYDU\ௐLQௐVL]HௐPRUHௐWKDQௐௐRIௐRXUௐFOLHQWV¶ௐSURJUDPVௐ H[FHHGௐௐPLOOLRQௐLQௐDQQXDOௐVSHQG

:KDWௐLVௐ\RXUௐ&DQDGLDQௐPDUNHWௐVKDUHௐIRUௐWKHௐ
6ROXWLRQVௐWKDWௐ\RXௐDUHௐSURSRVLQJ"
86ௐ%DQNௐZLOOௐIXOO\ௐVXSSRUWௐWKHௐ6RXUFHZHOOௐ&DQDGLDQௐ3DUWLFLSDWLQJௐ(QWLWLHVௐZLWKௐWKHௐ 9R\DJHUௐ0DVWHUFDUG
7KHௐ9R\DJHUௐ0DVWHUFDUGௐZLOOௐSURYLGHௐ6RXUFHZHOO¶Vௐ&DQDGLDQௐ3DUWLFLSDWLQJௐ(QWLWLHVௐZLWKௐ VRSKLVWLFDWHGௐSXUFKDVHௐFRQWUROௐDQGௐH[SHQVHௐPRQLWRULQJௐIRUௐWKHLUௐIOHHWௐDQGௐLVௐDFFHSWHGௐ DQ\ZKHUHௐ0DVWHUFDUGௐLVௐDFFHSWHGௐ:LWKௐDௐFRPSUHKHQVLYHௐUDQJHௐRIௐDYDLODEOHௐUHSRUWLQJௐ WRROVௐWKHௐSURJUDPௐSURYLGHVௐDௐFRPSOHWHௐSD\PHQWௐVROXWLRQௐWKDWௐPDNHVௐPDQDJLQJௐIOHHWௐ H[SHQVHVௐHDVLHUௐDQGௐPRUHௐFRVWௐHIIHFWLYH
7KHௐ9R\DJHUௐ0DVWHUFDUGௐRIIHUVௐHQKDQFHGௐIXQFWLRQDOLW\ௐRQௐ9R\DJHUௐDQGௐIOH[LEOHௐ IXQFWLRQDOLW\ௐRQௐ0DVWHUFDUGௐWRௐDVVLVWௐWKRVHௐXQH[SHFWHGௐWUDQVDFWLRQVௐVXFKௐDV

ௐ5HPRWHௐDQGௐFURVVERUGHUௐPHUFKDQWௐDFFHSWDQFH²&RYHUDJHௐLVௐFULWLFDOௐZKHQௐRQௐWKHௐ URDGௐWKHௐ9R\DJHUௐ0DVWHUFDUGௐFRYHUVௐ\RXௐZKHUHYHUௐ\RXௐDUH

ௐ3DUNLQJௐUDPSVௐWROOV²)OHHWௐGRHVௐQRWௐDOZD\VௐPHDQௐIXHOௐDQGௐPDLQWHQDQFHௐRQO\ ௐWKHUHௐ
DUHௐWLPHVௐZKHQௐSDUNLQJௐUDPSௐIHHVௐRUௐWROOVௐDUHௐQHFHVVDU\ௐWRௐFRPSOHWHௐDௐGULYHU¶VௐWDVNௐ 7KHௐ9R\DJHUௐ0DVWHUFDUGௐFDQௐVXSSRUWௐWKRVHௐWUDQVDFWLRQV

ௐ+RWHOௐIRRGௐFDUௐUHQWDO²(YHUௐKDYHௐDௐYHKLFOHௐEUHDNௐGRZQௐRQௐWKHௐURDGௐZKHQௐ UHSDLULQJௐLWௐWDNHVௐRYHUQLJKWௐRUௐORQJHU"ௐ7KHௐ9R\DJHUௐ0DVWHUFDUGௐZLOOௐHQVXUHௐ\RXUௐGULYHUௐ JHWVௐKRPHௐDQGௐDOORZVௐ\RXUௐIOHHWௐDGPLQLVWUDWRUௐWRௐPDQDJHௐDOOௐWKHௐH[SHQVHVௐHIILFLHQWO\

Bid Number: RFP 030625 Vendor Name: U.S. Bank National Association

'LVFORVHௐDOOௐFXUUHQWௐDQGௐFRPSOHWHGௐEDQNUXSWF\ௐ
SURFHHGLQJVௐIRUௐ3URSRVHUௐDQGௐDQ\ௐLQFOXGHGௐ
SRVVLEOHௐ5HVSRQVLEOHௐ3DUW\ௐZLWKLQௐWKHௐSDVWௐ
VHYHQௐ\HDUVௐ3URSRVHUௐPXVWௐSURYLGHௐQRWLFHௐLQௐ
ZULWLQJௐWRௐ6RXUFHZHOOௐLIௐLWௐHQWHUVௐDௐEDQNUXSWF\ௐ
SURFHHGLQJௐDWௐDQ\ௐWLPHௐGXULQJௐWKHௐSHQGHQF\ௐ
RIௐWKLVௐ5)3ௐHYDOXDWLRQ
1HLWKHUௐ86ௐ%DQNௐ1DWLRQDOௐ$VVRFLDWLRQௐQRUௐLWVௐDIILOLDWHVௐDQGௐVXEVLGLDULHVௐKDYHௐILOHGௐ IRUௐEDQNUXSWF\

+RZௐLVௐ\RXUௐRUJDQL]DWLRQௐEHVWௐGHVFULEHG
ௐLVௐLWௐ
DௐPDQXIDFWXUHUௐDௐGLVWULEXWRUGHDOHUUHVHOOHUௐRUௐ
DௐVHUYLFHௐSURYLGHU"ௐௐ$QVZHUௐWKHௐTXHVWLRQௐWKDWௐ
EHVWௐDSSOLHVௐWRௐ\RXUௐRUJDQL]DWLRQௐHLWKHUௐD
ௐRUௐ
E

D
ௐௐௐௐ,Iௐ\RXUௐFRPSDQ\ௐLVௐEHVWௐGHVFULEHGௐDVௐDௐ
GLVWULEXWRUGHDOHUUHVHOOHUௐ
RUௐVLPLODUௐHQWLW\
ௐ
SURYLGHௐ\RXUௐZULWWHQௐDXWKRUL]DWLRQௐWRௐDFWௐDVௐDௐ
GLVWULEXWRUGHDOHUUHVHOOHUௐIRUௐWKHௐPDQXIDFWXUHUௐ
RIௐWKHௐSURGXFWVௐSURSRVHGௐLQௐWKLVௐ5)3ௐ,Iௐ
DSSOLFDEOHௐLVௐ\RXUௐGHDOHUௐQHWZRUNௐ
LQGHSHQGHQWௐRUௐFRPSDQ\ௐRZQHG"
E
ௐௐௐௐ,Iௐ\RXUௐFRPSDQ\ௐLVௐEHVWௐGHVFULEHGௐDVௐDௐ
PDQXIDFWXUHUௐRUௐVHUYLFHௐSURYLGHUௐGHVFULEHௐ
\RXUௐUHODWLRQVKLSௐZLWKௐ\RXUௐVDOHVௐDQGௐVHUYLFHௐ
IRUFHௐDQGௐZLWKௐ\RXUௐGHDOHUௐQHWZRUNௐLQௐ
GHOLYHULQJௐWKHௐSURGXFWVௐDQGௐVHUYLFHVௐSURSRVHGௐ
LQௐWKLVௐ5)3ௐ$UHௐWKHVHௐLQGLYLGXDOVௐ\RXUௐ
HPSOR\HHVௐRUௐWKHௐHPSOR\HHVௐRIௐDௐWKLUGௐSDUW\"
6HUYLFHௐ3URYLGHU
86ௐ%DQFRUSௐRXUௐSDUHQWௐFRPSDQ\ௐHPSOR\VௐPRUHௐWKDQௐௐSHRSOH 86ௐ%DQNௐ&RUSRUDWHௐ3D\PHQWௐ6\VWHPVௐRIௐZKLFKௐRXUௐIOHHWௐSURJUDPௐLVௐDௐSDUWௐ HPSOR\VௐDSSUR[LPDWHO\ௐௐSHRSOHௐ2XUௐVWDIIௐLVௐDOLJQHGௐE\ௐIXQFWLRQௐQRWௐE\ௐSURJUDP ௐ
WKHUHIRUHௐHPSOR\HHVௐPD\ௐVXSSRUWௐVHYHUDOௐSURJUDPVௐLQௐWKHLUௐDUHDௐRIௐH[SHUWLVH $SSUR[LPDWHO\ௐ
ௐHPSOR\HHVௐDUHௐGHGLFDWHGௐH[FOXVLYHO\ௐWRௐVXSSRUWLQJௐRSHUDWLRQVௐIRUௐ RXUௐ)OHHWௐSURJUDPௐEXWௐPDQ\ௐPRUHௐVXSSRUWௐWKHௐ9R\DJHUௐ)OHHWௐ&DUGௐLQௐWKHௐDUHDVௐRIௐ WHFKQRORJ\ௐVDOHVௐDQGௐUHODWLRQVKLSௐPDQDJHPHQWௐILQDQFHௐSURJUDPௐVWUDWHJ\ௐDQGௐ DGGLWLRQDOௐRSHUDWLRQV
$OOௐWKHௐVHUYLFHௐIRUௐWKHௐSURJUDPௐLVௐVXSSRUWHGௐE\ௐ86ௐ%DQNௐHPSOR\HHVௐLQௐWKHௐ8QLWHGௐ 6WDWHVௐDVௐWKHௐRQO\ௐIOHHWௐSD\PHQWௐSURYLGHUௐWKDWௐLVௐZKROO\ௐRZQHGௐDQGௐRSHUDWHGௐE\ௐDௐ IHGHUDOO\ௐFKDUWHUHGௐILQDQFLDOௐLQVWLWXWLRQ
1RWௐRQO\ௐGRௐZHௐVSHFLDOL]HௐLQௐEDQNLQJௐJRYHUQPHQWௐHQWLWLHVௐEXWௐRXUௐ*RYHUQPHQWௐ %DQNLQJௐGLYLVLRQௐHPSOR\HHVௐKDYHௐSUHYLRXVௐH[SHULHQFHௐZRUNLQJௐLQௐDௐYDULHW\ௐRIௐVWDWHௐ DQGௐPXQLFLSDOௐRIILFHVௐ7KHVHௐUHVRXUFHVௐZLOOௐEHௐDSSOLHGௐWRௐWKHௐ9R\DJHUௐ6RXUFHZHOOௐ SURJUDPௐWRௐLQFUHDVHௐSURJUDPௐYLVLELOLW\ௐDQGௐDZDUHQHVVௐ7KHௐ*RYHUQPHQWௐ%DQNLQJௐ GLYLVLRQௐZLOOௐDOVRௐKDYHௐRSSRUWXQLWLHVௐWRௐPDUNHWௐWRௐ6RXUFHZHOOௐ3DUWLFLSDWLQJௐ(QWLWLHVௐ WKURXJKௐRXUௐH[LVWLQJௐFRPPXQLW\ௐRXWUHDFKௐDQGௐVHUYLFHௐZRUNௐ:HௐPDNHௐDQௐRQJRLQJௐ HIIRUWௐWRௐEHௐDௐJRRGௐQHLJKERUௐDQௐLQYROYHGௐFLYLFௐFLWL]HQௐDQGௐDௐFDULQJௐSXEOLFௐSDUWQHUௐ WKURXJKௐILQDQFLDOௐVXSSRUWௐDQGௐHPSOR\HHௐYROXQWHHULVPௐ:LWKௐRIILFHVௐORFDWHGௐWKURXJKRXWௐ WKHௐFRXQWU\ௐZHௐKDYHௐPRUHௐWKDQௐௐEDQNHUVௐZLWKLQௐWKHௐ8QLWHGௐ6WDWHVௐ:HௐDUHௐ ERWKௐ\RXUௐQHLJKERUVௐDQGௐ\RXUௐFLWL]HQVௐDQGௐZHௐDUHௐDFWLYHO\ௐHQJDJHGௐLQௐGHYHORSLQJௐ VWUHQJWKHQLQJௐDQGௐHQHUJL]LQJௐRXUௐFRPPXQLWLHV
0RUHௐLQIRUPDWLRQௐUHJDUGLQJௐGHOLYHULQJௐWKHௐSURGXFWVௐDQGௐVHUYLFHVௐGHVFULEHGௐLQௐWKLVௐ SURSRVDOௐFDQௐEHௐIRXQGௐLQௐ4XHVWLRQVௐௐWKURXJKௐௐEHORZ

,IௐDSSOLFDEOHௐSURYLGHௐDௐGHWDLOHGௐH[SODQDWLRQௐ
RXWOLQLQJௐWKHௐOLFHQVHVௐDQGௐFHUWLILFDWLRQVௐWKDWௐ
DUHௐERWKௐUHTXLUHGௐWRௐEHௐKHOGௐDQGௐDFWXDOO\ௐ
KHOGௐE\ௐ\RXUௐRUJDQL]DWLRQௐ
LQFOXGLQJௐWKLUGௐ
SDUWLHVௐDQGௐVXEFRQWUDFWRUVௐWKDWௐ\RXௐXVH
ௐLQௐ
SXUVXLWௐRIௐWKHௐEXVLQHVVௐFRQWHPSODWHGௐE\ௐWKLVௐ
5)3
86ௐ%DQNௐ1DWLRQDOௐ$VVRFLDWLRQௐ
86ௐ%DQN
ௐLVௐDௐQDWLRQDOௐEDQNௐRUJDQL]HGௐDQGௐH[LVWLQJௐ
XQGHUௐIHGHUDOௐODZௐ
LHௐWKHௐODZVௐRIௐWKHௐ8QLWHGௐ6WDWHV
ௐ$VௐDௐQDWLRQDOௐEDQNௐ86ௐ%DQNௐ
LVௐH[DPLQHGௐE\ௐWKHௐ2IILFHௐRIௐWKHௐ&RPSWUROOHUௐRIௐWKHௐ&XUUHQF\ௐDQGௐQRWௐVXEMHFWௐWRௐVWDWHௐ EDQNLQJௐGHSDUWPHQWௐH[DPLQDWLRQV

'LVFORVHௐDOOௐFXUUHQWௐDQGௐSDVWௐGHEDUPHQWVௐRUௐ
VXVSHQVLRQVௐIRUௐ3URSRVHUௐDQGௐDQ\ௐLQFOXGHGௐ
SRVVLEOHௐ5HVSRQVLEOHௐ3DUW\ௐZLWKLQௐWKHௐSDVWௐ
VHYHQௐ\HDUVௐ3URSRVHUௐPXVWௐSURYLGHௐQRWLFHௐLQௐ
ZULWLQJௐWRௐ6RXUFHZHOOௐLIௐLWௐHQWHUVௐDௐGHEDUPHQWௐ
RUௐVXVSHQVLRQௐVWDWXVௐDQ\ௐWLPHௐGXULQJௐWKHௐ
SHQGHQF\ௐRIௐWKLVௐ5)3ௐHYDOXDWLRQ
1RWKLQJௐWRௐGLVFORVHௐIRUௐ86ௐ%DQNௐSHUௐGXHௐGLOLJHQFH

Bid Number: RFP 030625 Vendor Name: U.S. Bank National Association

'HVFULEHௐDQ\ௐUHOHYDQWௐLQGXVWU\ௐDZDUGVௐRUௐ
UHFRJQLWLRQௐWKDWௐ\RXUௐFRPSDQ\ௐKDVௐUHFHLYHGௐLQௐ
WKHௐSDVWௐILYHௐ\HDUV
7KHௐIROORZLQJௐDUHௐH[DPSOHVௐRIௐQDWLRQDOௐDZDUGVௐDQGௐUHFRJQLWLRQVௐSUHVHQWHGௐWRௐ86ௐ %DQN

ௐ:RUOG
Vௐ0RVWௐ(WKLFDOௐ&RPSDQ\ௐ
(WKLVSKHUHௐ,QVWLWXWHௐ

ௐ:RUOG¶VௐPRVWௐDGPLUHGௐFRPSDQLHVௐVXSHUUHJLRQDOௐEDQNVௐ
)RUWXQHௐ

ௐ0RVWௐ3RZHUIXOௐ:RPHQௐLQௐ%DQNLQJௐDQGௐ)LQDQFHௐWKUHHௐRIௐRXUௐZRPHQௐOHDGHUVௐ UHFRJQL]HGௐ
$PHULFDQௐ%DQNHUௐ0DJD]LQHௐௐZLWKௐKRQRUHHVௐRQௐOLVWVௐIRUௐRYHUௐௐ \HDUV

ௐ2QHௐRIௐWKHௐௐ%HVWௐ&RPSDQLHVௐIRUௐ:RUNLQJௐ3DUHQWVௐ
6HUDPRXQWௐ

ௐ7RSௐௐFRPSDQ\ௐIRUௐ'LYHUVLW\ௐDQGௐ,QFOXVLRQ

ௐௐ1XPEHUௐௐRQௐWKHௐWRSௐௐOLVW
ௐௐ1XPEHUௐௐIRUௐ(QYLURQPHQWDOௐ6RFLDOௐ ௐ*RYHUQDQFH
ௐௐ1XPEHUௐௐIRUௐ3KLODQWKURS\
ௐௐ1XPEHUௐௐIRUௐ7DOHQWௐ$FTXLVLWLRQௐIRUௐ:RPHQௐRIௐ&RORU ௐௐ1XPEHUௐௐIRUௐ$VLDQௐ$PHULFDQௐ([HFXWLYHV
ௐௐ1XPEHUௐௐIRUௐ%RDUGௐRIௐ'LUHFWRUV
ௐௐ1XPEHUௐௐIRUௐ(PSOR\HHௐ5HVRXUFHௐ*URXSV
ௐௐ1XPEHUௐௐIRUௐ/*%74ௐHPSOR\HHV
ௐௐ1XPEHUௐௐIRUௐ1DWLYHௐ$PHULFDQ3DFLILFௐ,VODQGHUௐ([HFXWLYHVௐ 'LYHUVLW\,QFௐ

ௐ$PHULFD
Vௐ*UHDWHVWௐ:RUNSODFHVௐIRUௐ'LYHUVLW\ௐ
1HZVZHHNௐ

ௐ%HVWௐRIௐWKHௐEHVWௐFRUSRUDWLRQௐIRUௐLQFOXVLRQௐDZDUGௐ
1DWLRQDOௐ%XVLQHVVௐ
ௐ,QFOXVLRQௐ
&RXQFLOௐ

ௐ%HVWௐ3ODFHௐWRௐ:RUNௐIRUௐ/*%74ௐ(TXDOLW\ௐ
+XPDQௐ5LJKWVௐ&DPSDLJQௐ)RXQGDWLRQௐ

ௐ%HVWௐ3ODFHௐWRௐ:RUNௐIRUௐ'LVDELOLW\ௐ,QFOXVLRQௐRQௐWKHௐ'LVDELOLW\ௐ(TXDOLW\ௐ,QGH[ௐ

'LVDELOLW\
,1ௐ

ௐ/HDGLQJௐ(PSOR\HUௐIRUௐ'LVDELOLW\ௐ
1DWLRQDOௐ2UJDQL]DWLRQௐRQௐ'LVDELOLW\ௐ

ௐ%HVWௐIRUௐ9HWV
ௐ(PSOR\HUVௐ
0LOLWDU\ௐ7LPHVௐ

ௐ(PSOR\HHௐUHVRXUFHௐJURXSௐDQGௐFRXQFLOௐKRQRUVௐDZDUGௐIRUௐRXUௐ3URXGௐWRௐ6HUYHௐ

YHWHUDQ
ௐDQGௐ6SHFWUXPௐ
/*%74
ௐ%5*Vௐ
$VVRFLDWLRQௐRIௐ(5*Vௐ ௐ&RXQFLOVௐ

ௐ6HFUHWDU\ௐRIௐ'HIHQVHௐHPSOR\HUௐVXSSRUWௐIUHHGRPௐDZDUGௐ
(6*5ௐ

ௐ$ERYHௐDQGௐEH\RQGௐDZDUGௐIRUௐ3URXGௐWRௐ6HUYHௐ%5*ௐ
'LYHUVLW\ௐ%HVWௐ3UDFWLFHVௐ

:KDWௐSHUFHQWDJHௐRIௐ\RXUௐVDOHVௐDUHௐWRௐWKHௐ
JRYHUQPHQWDOௐVHFWRUௐLQௐWKHௐSDVWௐWKUHHௐ\HDUV"
*RYHUQPHQWDOௐVHFWRUௐVDOHV
ௐSHUFHQWDJHௐE\ௐ\HDU

<HDUௐௐௐௐ3HUFHQW
ௐௐௐௐ
ௐௐௐௐ
ௐௐௐௐ

3OHDVHௐQRWHௐWKHௐVDOHVௐSHUFHQWDJHVௐDUHௐUHIOHFWLYHௐIRUௐ9R\DJHUௐVDOHVௐRQO\ௐDQGௐQRWௐ UHIOHFWLYHௐRIௐDOOௐ86ௐ%DQNௐJRYHUQPHQWௐVHFWRUௐVDOHV

:KDWௐSHUFHQWDJHௐRIௐ\RXUௐVDOHVௐDUHௐWRௐWKHௐ
HGXFDWLRQௐVHFWRUௐLQௐWKHௐSDVWௐWKUHHௐ\HDUV"
6SHFLILFௐWRௐWKHௐHGXFDWLRQௐVHFWRU
ௐVDOHVௐSHUFHQWDJHௐE\ௐ\HDU

<HDUௐௐௐௐௐௐௐௐ3HUFHQWDJH
ௐௐௐௐௐௐௐௐ
ௐௐௐௐௐௐௐௐ
ௐௐௐௐௐௐௐௐ

3OHDVHௐQRWHௐPRVWௐRIௐRXUௐHGXFDWLRQௐVHFWRUௐFXVWRPHUVௐSDUWLFLSDWHௐRQௐ6WDWHௐRIௐ FRQVRUWLXPௐFRQWUDFWVௐDQGௐWKDWௐYROXPHௐLVௐLQFOXGHGௐLQௐWKHௐUHVSRQVHௐWRௐ4XHVWLRQௐௐ EHORZ
:KLOHௐ86ௐ%DQNௐLVௐQRWௐDEOHௐWRௐSURYLGHௐGHWDLOHGௐVSHQGௐLQIRUPDWLRQௐIRUௐRXUௐHGXFDWLRQௐ VHFWRUௐFXVWRPHUVௐZHௐKDYHௐSURYLGHGௐVRPHௐH[DPSOHVௐRIௐRXUௐHGXFDWLRQௐFXVWRPHUVௐ FXUUHQWO\ௐXWLOL]LQJௐWKHௐ86ௐ%DQNௐ9R\DJHUௐ)OHHWௐ&DUGௐSURJUDPௐDVௐRXWOLQHGௐEHORZ ௐ
&DOLIRUQLDௐ6WDWHௐ8QLYHUVLW\
8QLYHUVLW\ௐRIௐ.HQWXFN\
8QLYHUVLW\ௐRIௐ1HEUDVND²/LQFROQ
8QLYHUVLW\ௐRIௐ3LWWVEXUJK
8QLYHUVLW\ௐRIௐ7HQQHVVHH
8QLYHUVLW\ௐRIௐ9HUPRQW

Bid Number: RFP 030625 Vendor Name: U.S. Bank National Association

/LVWௐDOOௐVWDWHௐFRRSHUDWLYHௐSXUFKDVLQJௐ
DJUHHPHQWVௐWKDWௐ\RXௐKROGௐ:KDWௐLVௐWKHௐDQQXDOௐ
VDOHVௐYROXPHௐIRUௐHDFKௐRIௐWKHVHௐDJUHHPHQWௐ
RYHUௐWKHௐSDVWௐWKUHHௐ\HDUV"
1DPHௐDQGௐ\HDUௐWRWDOௐYROXPHௐ
LQௐPLOOLRQV
ௐEHORZ

6RXUFHZHOO

ௐௐPLOOLRQ

ௐௐPLOOLRQ

ௐௐPLOOLRQ
6WDWHௐRIௐ7H[DV

ௐௐPLOOLRQ

ௐௐPLOOLRQ

ௐௐPLOOLRQ
6WDWHௐRIௐ2KLR

ௐௐPLOOLRQ

ௐௐPLOOLRQ

ௐௐPLOOLRQ
6WDWHௐRIௐ1HEUDVND

ௐௐPLOOLRQ

ௐௐPLOOLRQ

ௐௐPLOOLRQ
7UXVWHHVௐRIௐWKHௐ&DOLIRUQLDௐ6WDWHௐ8QLYHUVLW\

ௐ

ௐ

ௐ

:LVFRQVLQௐ$VVRFLDWLRQௐRIௐ,QGHSHQGHQWௐ&ROOHJHVௐDQGௐ8QLYHUVLWLHV
ௐ

ௐ

ௐ

/LVWௐDQ\ௐ*6$ௐFRQWUDFWVௐRUௐ6WDQGLQJௐ2IIHUVௐ
DQGௐ6XSSO\ௐ$UUDQJHPHQWVௐ
626$
ௐWKDWௐ\RXௐ
KROGௐ:KDWௐLVௐWKHௐDQQXDOௐVDOHVௐYROXPHௐIRUௐ
HDFKௐRIௐWKHVHௐFRQWUDFWVௐRYHUௐWKHௐSDVWௐWKUHHௐ
\HDUV"
7KLVௐLQIRUPDWLRQௐLVௐSURSULHWDU\ௐDQGௐFRQILGHQWLDOௐDQGௐQRWௐDYDLODEOHௐIRUௐGLVWULEXWLRQௐ RXWVLGHௐ86ௐ%DQN

Bid Number: RFP 030625 Vendor Name: U.S. Bank National Association

7DEOH%
5HIHUHQFHV7HVWLPRQLDOV
/LQH,WHP6XSSO\UHIHUHQFHLQIRUPDWLRQIURPWKUHHFXVWRPHUVZKRDUHHOLJLEOHWREH6RXUFHZHOOSDUWLFLSDWLQJHQWLWLHV (QWLW\1DPH
&RQWDFW1DPH
3KRQH1XPEHU

$WௐWKHௐUHTXHVWௐRIௐFOLHQWVௐLQௐRXUௐH[LVWLQJௐ
SRUWIROLRௐDQGௐEHFDXVHௐZHௐUHFHLYHௐDௐKLJKௐ
YROXPHௐRIௐ5)3VௐDQGௐUHIHUHQFHௐUHTXHVWVௐZHௐ
GRௐQRWௐSURYLGHௐUHIHUHQFHVௐDWௐWKLVௐVWDJHௐ2XUௐ
FOLHQWVௐYLHZௐXVௐDVௐDௐWUXVWHGௐGHSHQGDEOHௐ
SURYLGHUௐ:HௐDIIRUGௐDOOௐRXUௐFOLHQWVௐWKHௐVDPHௐ
SULYDF\ௐDQGௐFRQVLGHUDWLRQௐZHௐFXUUHQWO\ௐ
SURYLGHௐWRௐ6RXUFHZHOO
2QௐRXUௐPRVWௐUHFHQWௐ&XVWRPHUௐ5HODWLRQVKLSௐ
6DWLVIDFWLRQௐVXUYH\ௐRXUௐFOLHQWVௐUHSRUWHGௐDௐ

ௐRYHUDOOௐVDWLVIDFWLRQௐUDWHௐZLWKௐWKHௐ
$FFRXQWௐ&RRUGLQDWRUௐWHDP
86ௐ%DQNௐLVௐSURXGௐWRௐPDLQWDLQௐDௐ9HQGRUௐ
*UDGHௐRIௐ$ௐZLWKௐWKHௐ6WDWHௐRIௐ7H[DVௐ
&RPSWUROOHUௐRIௐ3XEOLFௐ$FFRXQWVௐDVௐWKHௐVROHௐ
SURYLGHUௐRIௐWKHௐ9R\DJHUௐIOHHWௐIXHOௐFDUG
$WௐWKHௐUHTXHVWௐRIௐFOLHQWVௐLQௐRXUௐH[LVWLQJௐSRUWIROLRௐDQGௐ EHFDXVHௐZHௐUHFHLYHௐDௐKLJKௐYROXPHௐRIௐ5)3VௐDQGௐ
UHIHUHQFHௐUHTXHVWVௐZHௐGRௐQRWௐSURYLGHௐUHIHUHQFHVௐDWௐ
WKLVௐVWDJHௐ2XUௐFOLHQWVௐYLHZௐXVௐDVௐDௐWUXVWHGௐ
GHSHQGDEOHௐSURYLGHUௐ:HௐDIIRUGௐDOOௐRXUௐFOLHQWVௐWKHௐVDPHௐ SULYDF\ௐDQGௐFRQVLGHUDWLRQௐZHௐFXUUHQWO\ௐSURYLGHௐWRௐ
6RXUFHZHOO
2QௐRXUௐPRVWௐUHFHQWௐ&XVWRPHUௐ5HODWLRQVKLSௐ6DWLVIDFWLRQௐ
VXUYH\ௐRXUௐFOLHQWVௐUHSRUWHGௐDௐ
ௐRYHUDOOௐVDWLVIDFWLRQௐ
UDWHௐZLWKௐWKHௐ$FFRXQWௐ&RRUGLQDWRUௐWHDP
86ௐ%DQNௐLVௐSURXGௐWRௐPDLQWDLQௐDௐ9HQGRUௐ*UDGHௐRIௐ$ௐ
ZLWKௐWKHௐ6WDWHௐRIௐ7H[DVௐ&RPSWUROOHUௐRIௐ3XEOLFௐ$FFRXQWVௐ DVௐWKHௐVROHௐSURYLGHUௐRIௐWKHௐ9R\DJHUௐIOHHWௐIXHOௐFDUG
$WௐWKHௐUHTXHVWௐRIௐFOLHQWVௐLQௐRXUௐ
H[LVWLQJௐSRUWIROLRௐDQGௐEHFDXVHௐZHௐ
UHFHLYHௐDௐKLJKௐYROXPHௐRIௐ5)3Vௐ
DQGௐUHIHUHQFHௐUHTXHVWVௐZHௐGRௐQRWௐ
SURYLGHௐUHIHUHQFHVௐDWௐWKLVௐVWDJHௐ
2XUௐFOLHQWVௐYLHZௐXVௐDVௐDௐWUXVWHGௐ
GHSHQGDEOHௐSURYLGHUௐ:HௐDIIRUGௐDOOௐ
RXUௐFOLHQWVௐWKHௐVDPHௐSULYDF\ௐDQGௐ
FRQVLGHUDWLRQௐZHௐFXUUHQWO\ௐSURYLGHௐ
WRௐ6RXUFHZHOO
2QௐRXUௐPRVWௐUHFHQWௐ&XVWRPHUௐ
5HODWLRQVKLSௐ6DWLVIDFWLRQௐVXUYH\ௐ
RXUௐFOLHQWVௐUHSRUWHGௐDௐ
ௐRYHUDOOௐ
VDWLVIDFWLRQௐUDWHௐZLWKௐWKHௐ$FFRXQWௐ
&RRUGLQDWRUௐWHDP
86ௐ%DQNௐLVௐSURXGௐWRௐPDLQWDLQௐDௐ
9HQGRUௐ*UDGHௐRIௐ$ௐZLWKௐWKHௐ6WDWHௐ
RIௐ7H[DVௐ&RPSWUROOHUௐRIௐ3XEOLFௐ
$FFRXQWVௐDVௐWKHௐVROHௐSURYLGHUௐRIௐ
WKHௐ9R\DJHUௐIOHHWௐIXHOௐFDUG

7DEOH
$ELOLW\WR6HOODQG'HOLYHU6ROXWLRQV
3RLQWV

Bid Number: RFP 030625 Vendor Name: U.S. Bank National Association

'HVFULEH\RXUFRPSDQ\¶VFDSDELOLW\WRPHHWWKHQHHGVRI6RXUFHZHOOSDUWLFLSDWLQJHQWLWLHVDFURVVWKH86DQG&DQDGDDVDSSOLFDEOH<RXU UHVSRQVHVKRXOGDGGUHVVLQGHWDLODWOHDVWWKHIROORZLQJDUHDV ORFDWLRQVRI\RXUQHWZRUNRIVDOHVDQGVHUYLFHSURYLGHUVWKHQXPEHURI ZRUNHUV
IXOOWLPHHTXLYDOHQWV
LQYROYHGLQHDFKVHFWRUZKHWKHUWKHVHZRUNHUVDUH\RXUGLUHFWHPSOR\HHV RUHPSOR\HHVRIDWKLUGSDUW\

DQGDQ\RYHUODSEHWZHHQWKHVDOHVDQGVHUYLFHIXQFWLRQV /LQH
,WHP 4XHVWLRQ 5HVSRQVH

Bid Number: RFP 030625 Vendor Name: U.S. Bank National Association

6DOHVௐIRUFH 86ௐ%DQNௐ&RUSRUDWHௐ3D\PHQWௐ6\VWHPVௐWKHௐ86ௐ%DQNௐGLYLVLRQௐWKDWௐLQFOXGHVௐRXUௐIOHHWௐ SURJUDPௐHPSOR\VௐDSSUR[LPDWHO\ௐௐHPSOR\HHVௐ2XUௐVWDIIௐLVௐDOLJQHGௐE\ௐIXQFWLRQௐQRWௐ E\ௐSURJUDP
ௐWKHUHIRUHௐHPSOR\HHVௐPD\ௐVXSSRUWௐVHYHUDOௐSURJUDPVௐLQௐWKHLUௐDUHDௐRIௐ H[SHUWLVHௐ:HௐKDYHௐDௐVSHFLDOL]HGௐSXEOLFௐVHFWRUௐVDOHVௐIRUFHௐRIௐPRUHௐWKDQௐௐSHRSOHௐ DQGௐWKHௐVXSSRUWௐRIௐFRPPXQLW\ௐEDQNHUVௐDFURVVௐWKHௐFRXQWU\ௐ:HௐDOVRௐLQYHVWௐLQௐHGXFDWLQJௐ WKHௐFRPPXQLWLHVௐZHௐVHUYHௐDQGௐZLOOௐSURPRWHௐWKHௐ6RXUFHZHOOௐSURJUDPௐWRௐDOOௐRXUௐH[LVWLQJௐ FXVWRPHUVௐDQGௐWRௐQHZௐSURVSHFWV
$VௐWKHௐRQO\ௐILQDQFLDOௐVHUYLFHVௐSURYLGHUௐZKRௐRIIHUVௐDௐIOHHWௐSD\PHQWௐSURJUDPௐZHௐLQYHVWௐ RXUௐKXPDQௐDQGௐILQDQFLDOௐUHVRXUFHVௐWRௐKHOSௐSHRSOHௐDQGௐWKHLUௐFRPPXQLWLHVௐ:HௐKDYHௐ EUDQFKHVௐWKURXJKRXWௐWKHௐ8QLWHGௐ6WDWHVௐDQGௐLQYHVWௐRQJRLQJௐLQௐFRPPXQLW\ௐGHYHORSPHQWௐ 7KLVௐPLVVLRQௐDOLJQVௐFORVHO\ௐZLWKௐWKDWௐRIௐ6RXUFHZHOOௐDQGௐVWUHQJWKHQVௐWKHௐ6RXUFHZHOOௐ PHPEHUVௐ86ௐ%DQNௐLVௐSURXGௐWRௐKDYHௐUHFHLYHGௐDQௐ2XWVWDQGLQJௐUDWLQJௐIURPௐWKHௐPRVWௐ UHFHQWௐ&RPPXQLW\ௐ5HLQYHVWPHQWௐ$FWௐH[DPௐ
6RXUFH
ௐ$QQXDOௐUHSRUWௐ&RPPXQLW\ௐ
5HLQYHVWPHQWௐ$FWௐ
&5$
ௐH[DPௐE\ௐWKHௐ2IILFHௐRIௐWKHௐ&RPSWUROOHUௐRIௐWKHௐ&XUUHQF\ௐ 2&&
ௐ
LVௐIURPௐ-DQXDU\ௐௐௐWRௐ'HFHPEHUௐௐ

$VௐRQHௐ86ௐ%DQNௐZHௐEULQJௐWKHௐEHVWௐRIௐRXUௐSURGXFWVௐVHUYLFHVௐDQGௐUHODWLRQVKLSVௐWRௐ RXUௐHPSOR\HHVௐFOLHQWVௐDQGௐFRPPXQLWLHVௐHYHU\ௐGD\ௐ,QWHUFRQQHFWHGQHVVௐLVௐWKHௐ PDQLIHVWDWLRQௐRIௐWKHௐRQHௐ86ௐ%DQNௐDSSURDFKௐDQGௐLWௐLVௐDௐIRFXVௐWKDWௐDOORZVௐXVௐWRௐ SURPRWHௐWKHௐ6RXUFHZHOOௐSURJUDPௐDFURVVௐRXUௐHQWLUHௐEDQNLQJௐIRRWSULQWௐ7KLVௐIRFXVௐZLOOௐ KHOSௐXVௐGHHSHQௐUHODWLRQVKLSVௐZLWKௐRXUௐSXEOLFௐVHFWRUௐFOLHQWVௐWKHLUௐFRPPXQLWLHVௐDQGௐLWௐ ZLOOௐDOORZௐXVௐWRௐFRQWLQXHௐWRௐRIIHUௐDௐUREXVWௐVHWௐRIௐLQQRYDWLYHௐVROXWLRQVௐWRௐFXVWRPHUVௐYLDௐ WKHௐ6RXUFHZHOOௐSURJUDP
$SSUR[LPDWHO\ௐ
ௐHPSOR\HHVௐDUHௐGHGLFDWHGௐH[FOXVLYHO\ௐWRௐVXSSRUWLQJௐRSHUDWLRQVௐIRUௐ RXUௐIOHHWௐSURJUDPௐEXWௐPDQ\ௐPRUHௐVXSSRUWௐWKHௐ9R\DJHUௐ)OHHWௐ&DUGௐLQௐWKHௐDUHDVௐRIௐ WHFKQRORJ\ௐVDOHVௐDQGௐUHODWLRQVKLSௐPDQDJHPHQWௐILQDQFHௐSURJUDPௐVWUDWHJ\ௐDQGௐ DGGLWLRQDOௐRSHUDWLRQVௐ2IௐWKHௐ
ௐHPSOR\HHVௐGHGLFDWHGௐWRௐRXUௐIOHHWௐSURJUDPௐDௐWHDPௐ
RIௐௐ86ௐ%DQNௐHPSOR\HHVௐDUHௐGHGLFDWHGௐWRௐVDOHVௐZLWKLQௐWKHௐSXEOLFௐVHFWRUௐ7KLVௐWHDPௐ ZLOOௐSURPRWHௐWKHௐSURJUDPௐWRௐH[LVWLQJௐFXVWRPHUVௐDQGௐSURVSHFWVௐDVௐZHOOௐDVௐVXSSRUWLQJௐ ORFDOௐVDOHVௐLQLWLDWLYHVௐLQௐWKHௐFRPPXQLW\ௐ$OOௐWKHௐZKLOHௐ\RXUௐ5HODWLRQVKLSௐ0DQDJHUVௐ0DUNௐ +HVVௐDQGௐ%HYHUO\ௐ:LOVRQௐUHPDLQௐFRPPLWWHGௐWRௐWKHௐ6RXUFHZHOOௐIOHHWௐSURJUDPௐDQGௐLWVௐ JURZWK
:HௐKDYHௐDQௐDFWLYHௐDQGௐUREXVWௐVRFLDOௐPHGLDௐSUHVHQFHௐWKDWௐZHௐZLOOௐXVHௐWRௐKLJKOLJKWௐWKHௐ 6RXUFHZHOOௐSURJUDPௐDQGௐZLOOௐXVHௐRXUௐSXEOLFௐVHFWRUௐDQGௐFRPPXQLW\ௐEDQNLQJௐVDOHVௐIRUFHௐ WRௐHGXFDWHௐH[LVWLQJௐ6RXUFHZHOOௐ3DUWLFLSDWLQJௐ(QWLWLHVௐDQGௐSURVSHFWLYHௐ3DUWLFLSDWLQJௐ (QWLWOHVௐDERXWௐWKHௐEHQHILWVௐRIௐ6RXUFHZHOOௐDQGௐWKHௐ86ௐ%DQNௐ9R\DJHUௐ)OHHWௐ3URJUDPௐ 2XUௐFRPPXQLW\ௐDQGௐVDOHVௐRXWUHDFKௐLQFOXGHVௐRXUௐSDUWLFLSDWLRQௐLQௐORFDOௐHYHQWVௐIRUௐSROL VXEVௐVFKRROௐGLVWULFWVௐDQGௐFRPPXQLW\ௐQRQSURILWVௐDQGௐDOORZVௐXVௐWRௐVKDUHௐLQIRUPDWLRQௐRQௐ RXUௐVROXWLRQVௐDQGௐWKHௐ6RXUFHZHOOௐSURJUDP
:HௐZLOOௐDOVRௐOHYHUDJHௐYLUWXDOௐFDSDELOLWLHVௐVXFKௐDVௐZHELQDUVௐDVௐZHOOௐWRௐSURPRWHௐWKHௐ SURJUDPௐWRௐH[LVWLQJௐFXVWRPHUVௐDQGௐSURVSHFWV
&RPPXQLW\ௐLQYHVWPHQWௐDQGௐLPSDFW
$VௐDௐILQDQFLDOௐVHUYLFHVௐSURYLGHUௐZHௐLQYHVWௐRXUௐKXPDQௐDQGௐILQDQFLDOௐUHVRXUFHVௐWRௐKHOSௐ SHRSOHௐDQGௐWKHௐSODQHWௐ<RXௐFDQௐOHDUQௐPRUHௐDERXWௐRXUௐSURJUHVVௐLQௐRXUௐௐ&RUSRUDWHௐ 5HVSRQVLELOLW\ௐ5HSRUWௐZLWKௐDௐௐYHUVLRQௐH[SHFWHGௐODWHUௐWKLVௐ\HDUௐ%HORZௐDUHௐVRPHௐ NH\ௐDGYDQFHPHQWVௐZHௐPDGHௐLQௐ

ௐௐPLOOLRQௐLQௐFRUSRUDWHௐFRQWULEXWLRQVௐDQGௐ86ௐ%DQNௐIRXQGDWLRQVௐJLYLQJௐWRௐ QRQSURILWV

ௐௐYROXQWHHUௐKRXUV

ௐௐPLOOLRQௐSOHGJHGௐWRௐQRQSURILWVௐWKURXJKௐDQQXDOௐ(PSOR\HHௐ*LYLQJௐ&DPSDLJQ

ௐௐPLOOLRQௐLQGLYLGXDOVௐUHFHLYHGௐILQDQFLDOௐHGXFDWLRQ

ௐ2XWVWDQGLQJௐUDWLQJௐUHFHLYHGௐE\ௐ86ௐ%DQNௐIURPௐWKHௐPRVWௐUHFHQWௐ&RPPXQLW\ௐ 5HLQYHVWPHQWௐ$FWௐ
&5$
ௐH[DPௐ
&RPPXQLW\ௐ5HLQYHVWPHQWௐ$FWௐ
&5$
ௐH[DPௐE\ௐWKHௐ
2IILFHௐRIௐWKHௐ&RPSWUROOHUௐRIௐWKHௐ&XUUHQF\ௐ
2&&
ௐLVௐIURPௐ-DQXDU\ௐௐௐWRௐ
'HFHPEHUௐௐ

ௐௐELOOLRQௐLQௐUHQHZDEOHௐHQHUJ\ௐWD[ௐHTXLW\ௐORDQV

ௐ
ௐELOOLRQௐLQௐDIIRUGDEOHௐKRXVLQJௐWD[ௐHTXLW\ௐORDQV
2QHௐZD\ௐZH¶UHௐFRQWULEXWLQJௐWRௐFRPPXQLWLHVௐLVௐWKURXJKௐJURZLQJௐRXUௐWHDPௐWKDWௐKHOSVௐ VPDOOௐEXVLQHVVHVௐJURZௐ,QௐௐZHௐGRXEOHGௐRXUௐQXPEHU
RIௐ%XVLQHVVௐ$FFHVVௐ$GYLVRUVௐ
%$$
ௐWRௐௐDQGௐH[SDQGHGௐWRௐVL[ௐPRUHௐFLWLHVௐ7KHௐ
SURJUDPௐODXQFKHGௐLQௐௐZRUNVௐWRௐKHOSௐVPDOOௐEXVLQHVVHVௐJDLQௐDFFHVVௐWRௐFDSLWDOௐ ILQDQFLDOௐHGXFDWLRQௐDQGௐFRQQHFWLRQVௐWKDWௐFDQௐKHOSௐWKHLUௐEXVLQHVVHVௐIORXULVK 0RUHௐLQIRUPDWLRQௐUHJDUGLQJௐ86ௐ%DQNௐFRPPXQLW\ௐLQYROYHPHQWௐLVௐDYDLODEOHௐLQௐ([KLELWௐௐ 86ௐ%DQFRUSௐ$QQXDOௐ5HSRUWௐ

Bid Number: RFP 030625 Vendor Name: U.S. Bank National Association

'HVFULEHௐWKHௐQHWZRUNௐRIௐ$XWKRUL]HGௐ6HOOHUVௐ
ZKRௐZLOOௐGHOLYHUௐ6ROXWLRQVௐLQFOXGLQJௐGHDOHUVௐ
GLVWULEXWRUVௐUHVHOOHUVௐDQGௐRWKHUௐGLVWULEXWLRQௐ
PHWKRGV
&XUUHQWO\ௐWKHௐ9R\DJHUௐ)OHHWௐSURJUDPௐDORQJௐZLWKௐDOOௐRWKHUௐDVVRFLDWHGௐIOHHWௐVROXWLRQVௐDUHௐ RQO\ௐDYDLODEOHௐWKURXJKௐ86ௐ%DQNௐ:HௐDUHௐSURXGௐWRௐEHௐWKHௐRQO\ௐEDQNௐZKRௐRZQVௐ RSHUDWHVௐDQGௐGHOLYHUVௐRXUௐVROXWLRQV
86ௐ%DQNௐ&RUSRUDWHௐ3D\PHQWௐ6\VWHPVௐWKHௐ86ௐ%DQNௐGLYLVLRQௐWKDWௐLQFOXGHVௐRXUௐIOHHWௐ SURJUDPௐHPSOR\VௐDSSUR[LPDWHO\ௐௐHPSOR\HHVௐ2XUௐVWDIIௐLVௐDOLJQHGௐE\ௐIXQFWLRQௐQRWௐ E\ௐSURJUDP
ௐWKHUHIRUHௐHPSOR\HHVௐPD\ௐVXSSRUWௐVHYHUDOௐSURJUDPVௐLQௐWKHLUௐDUHDௐRIௐ H[SHUWLVH
$SSUR[LPDWHO\ௐ
ௐHPSOR\HHVௐDUHௐGHGLFDWHGௐH[FOXVLYHO\ௐWRௐVXSSRUWLQJௐRSHUDWLRQVௐIRUௐ RXUௐIOHHWௐSURJUDPௐEXWௐPDQ\ௐPRUHௐVXSSRUWௐWKHௐ9R\DJHUௐ)OHHWௐ&DUGௐLQௐWKHௐDUHDVௐRIௐ WHFKQRORJ\ௐVDOHVௐDQGௐUHODWLRQVKLSௐPDQDJHPHQWௐILQDQFHௐSURJUDPௐVWUDWHJ\ௐDQGௐ DGGLWLRQDOௐRSHUDWLRQV
<RXUௐ5HODWLRQVKLSௐ0DQDJHUVௐ0DUNௐ+HVVௐDQGௐ%HYHUO\ௐ:LOVRQௐZLOOௐFRQWLQXHௐWRௐZRUNௐ FORVHO\ௐZLWKௐ6RXUFHZHOOௐWRௐFRQWLQXHௐWRௐJURZௐWKHௐIOHHWௐFDUGௐ3URJUDP 0DUNௐ+HVVௐ$VVLVWDQWௐ9LFHௐ3UHVLGHQWௐ5HODWLRQVKLSௐ0DQDJHU 0DUNௐ+HVVௐKDVௐZRUNHGௐLQௐWKHௐILQDQFLDOௐVHUYLFHVௐLQGXVWU\ௐIRUௐPRUHௐWKDQௐௐ\HDUVௐ VHUYLQJௐFRUSRUDWHௐJRYHUQPHQWௐDQGௐILQDQFLDOௐLQVWLWXWLRQௐFOLHQWVௐ+HௐKDVௐௐ\HDUVௐRIௐ H[SHULHQFHௐLQௐWKHௐFRPPHUFLDOௐFDUGௐDQGௐSD\DEOHVௐLQGXVWU\ௐDWௐ86ௐ%DQNௐ)RUௐWKHௐSDVWௐ ௐ\HDUVௐDVௐDௐ5HODWLRQVKLSௐ0DQDJHUௐ0DUNௐKDVௐEHHQௐGHGLFDWHGௐWRௐVHUYLQJௐSXEOLFௐ VHFWRUௐFOLHQWVௐZKRௐXWLOL]HௐWKHௐ86ௐ%DQNௐ9R\DJHUௐ)OHHWௐ&DUGௐVROXWLRQௐ+HௐFXUUHQWO\ௐ PDQDJHVௐWKHௐIOHHWௐIXHOௐFDUGௐSURJUDPVௐIRUௐVWDWHௐDQGௐORFDOௐJRYHUQPHQWVௐKLJKHUௐ HGXFDWLRQௐDQGௐQRQSURILWௐFOLHQWVௐ0DUNௐKDVௐEHHQௐDZDUGHGௐERWKௐWKHௐ86ௐ%DQNௐ3D\PHQWௐ 6HUYLFHVௐ3LQQDFOHௐDZDUGௐDQGௐWKHௐ86ௐ%DQNௐ/HJHQGVௐRIௐ3RVVLEOHௐDZDUGௐIRUௐ RXWVWDQGLQJௐSHUIRUPDQFHௐ0DUNௐUHFHLYHGௐKLVௐ%6ௐGHJUHHௐLQௐ%XVLQHVVௐ$GPLQLVWUDWLRQௐDWௐ 7D\ORUௐ8QLYHUVLW\ௐLQௐ8SODQGௐ,QGLDQD
%HYHUO\ௐ:LOVRQௐ$VVLVWDQWௐ9LFHௐ3UHVLGHQWௐ3XEOLFௐ6HFWRUௐDQGௐ+LJKHUௐ(GXFDWLRQௐ6DOHV %HYHUO\ௐKDVௐZRUNHGௐLQௐWKHௐWUDQVSRUWDWLRQௐLQGXVWU\ௐIRUௐPRUHௐWKDQௐௐ\HDUVௐ6KHௐMRLQHGௐ 86ௐ%DQNௐLQௐௐDVௐDQௐ2YHU7KH5RDGௐ&DUGௐ6DOHVௐ&RQVXOWDQWௐ6KHௐKDVௐH[WHQVLYHௐ NQRZOHGJHௐLQௐWKHௐIXHOௐFDUGௐLQGXVWU\ௐIXHOௐPDQDJHPHQWௐUHJXODWRU\ௐFRPSOLDQFHௐDQGௐIUHLJKWௐ EURNHUDJHௐIRUௐ&ODVVௐௐYHKLFOHVௐ%HYHUO\ௐPLJUDWHGௐIURPௐKHUௐ2YHU7KH5RDGௐIRFXVௐWRௐ WKHௐ9R\DJHUௐSURJUDPௐVRௐVKHௐFRXOGௐVXSSRUWௐVHYHUDOௐVSHFLDOௐSURMHFWVௐDQGௐDGGௐRXUௐ $YLDWLRQௐ&DUGௐSURJUDPௐWRௐKHUௐSRUWIROLRௐDQGௐH[SHULHQFHௐ,QௐKHUௐFXUUHQWௐUROHௐVKHௐLVௐ UHVSRQVLEOHௐIRUௐLGHQWLI\LQJௐDQGௐVHFXULQJௐQHZௐIOHHWௐEXVLQHVVௐZLWKௐ)HGHUDOௐVWDWHௐDQGௐ ORFDOௐJRYHUQPHQWௐHQWLWLHVௐDVௐZHOOௐDVௐKLJKHUௐHGXFDWLRQௐLQVWLWXWLRQVௐHLWKHUௐGLUHFWO\ௐRUௐ WKURXJKௐSROLWLFDOௐVXEGLYLVLRQV
,QௐDGGLWLRQௐWRௐWKHௐVXSSRUWௐSURYLGHGௐIURPௐ\RXUௐ5HODWLRQVKLSௐ0DQDJHUVௐ0DUNௐDQGௐ %HYHUO\ௐ6RXUFHZHOOௐ3DUWLFLSDWLQJௐ(QWLWLHVௐZLOOௐKDYHௐDௐUHODWLRQVKLSௐWHDPௐJXLGLQJௐWKHPௐ WKURXJKRXWௐWKHௐHQWLUHௐSURFHVV
$ௐKDOOPDUNௐRIௐWKHௐZD\ௐ86ௐ%DQNௐGRHVௐEXVLQHVVௐLVௐRXUௐFRQVXOWDWLYHௐDSSURDFK²ZHௐDVNௐ TXHVWLRQVௐOLVWHQௐDQGௐPDNHௐSURJUDPௐVXJJHVWLRQVௐEDVHGௐXSRQௐRXUௐ\HDUVௐRIௐH[SHULHQFHௐ ,QௐDGGLWLRQௐWRௐWKHௐVXSSRUWௐ\RXUௐSURYLGHGௐE\ௐ0DUNௐ+HVVௐDQGௐ%HYHUO\ௐ:LOVRQௐ\RXUௐ 5HODWLRQVKLSௐ0DQDJHUVௐZHௐKDYHௐDௐKLJKO\ௐVSHFLDOL]HGௐVHUYLFHௐWHDPௐWRௐJXLGHௐ\RXௐ WKURXJKௐWKHௐLPSOHPHQWDWLRQௐRIௐ6RXUFHZHOO¶Vௐ3DUWLFLSDWLQJௐ(QWLWLHVௐIOHHWௐFDUGௐSURJUDPVௐ DQGௐWRௐSURYLGHௐVXSHULRUௐRQJRLQJௐFRQVXOWDWLRQௐDQGௐVHUYLFHVௐ7KHௐPHPEHUVௐRIௐWKLVௐWHDPௐ LQFOXGHௐWKHௐIROORZLQJௐUROHV

$FFRXQWௐ&RRUGLQDWRUௐWHDP
7KHௐ86ௐ%DQNௐ$FFRXQWௐ&RRUGLQDWRUௐ7HDPௐZLOOௐSURYLGHௐRQJRLQJௐGDLO\ௐVHUYLFHௐDQGௐ FRQVXOWDWLRQௐWRௐ\RXUௐ)OHHWௐ$GPLQLVWUDWRUௐ7KHௐ$FFRXQWௐ&RRUGLQDWRUVௐDVVLVWௐZLWKௐDOOௐ DVSHFWVௐRIௐSURJUDPௐPDQDJHPHQWௐ7KURXJKRXWௐWKHௐWHUPௐRIௐ\RXUௐFRQWUDFWௐ$FFRXQWௐ &RRUGLQDWRUVௐZLOOௐDOVRௐHYDOXDWHௐ\RXUௐUHSRUWLQJௐQHHGVௐDQGௐKHOSௐWRௐRSWLPL]Hௐ\RXUௐRQOLQHௐ UHSRUWLQJௐHQYLURQPHQWௐDVௐZHOOௐDVௐDVVLVWௐZLWKௐDQ\ௐFOLHQWGULYHQௐFKDQJHVௐWRௐ\RXUௐ UHSRUWLQJௐDQGௐKLHUDUFK\ௐRSWLRQVௐ$FFRXQWௐ&RRUGLQDWRUVௐDUHௐDOVRௐUHVSRQVLEOHௐIRUௐ UHVHDUFKLQJௐDXWKRUL]DWLRQௐGHFOLQHVௐLQYHVWLJDWLRQௐRIௐUHFRQFLOLDWLRQௐRUௐRXWRIEDODQFHௐ LVVXHVௐDQGௐGLVSXWHௐUHVROXWLRQௐ$FFRXQWௐ&RRUGLQDWRUVௐOHYHUDJHௐWKHௐH[SHUWLVHௐRIௐLQWHUQDOௐ UHVHDUFKௐWHDPVௐWRௐHQVXUHௐTXLFNௐDQGௐDFFXUDWHௐUHVXOWV
&XVWRPHUௐ6HUYLFHௐ5HSUHVHQWDWLYHV
/RFDWHGௐLQௐ2YHUODQGௐ3DUNௐ.DQVDVௐRXUௐDZDUGZLQQLQJௐ&XVWRPHUௐ6HUYLFHௐ'HSDUWPHQWௐ SURYLGHVௐWROOIUHHௐௐDFFRXQWௐDVVLVWDQFHௐXSRQௐYHULILFDWLRQௐRIௐSHUVRQDOௐLQIRUPDWLRQௐ 5HVSRQVLELOLWLHVௐLQFOXGHௐUHVSRQGLQJௐWRௐHPHUJHQF\ௐURDGVLGHௐDVVLVWDQFHௐQHHGVௐDVVLVWLQJௐ ZLWKௐRXUௐYHQGRUௐORFDWLRQௐWRROVௐDQGௐGULYHUௐVXSSRUWௐ
KRZௐWRௐXVHௐWKHௐFDUGௐDVVLVWDQFHௐZLWKௐ
RYHUWKHOLPLWௐWUDQVDFWLRQVௐIXHOௐDQGௐPDLQWHQDQFHௐUXOHVௐHWF ௐ2XUௐ&XVWRPHUௐ6HUYLFHௐ
'HSDUWPHQWௐDOVRௐPDQDJHVௐDFFRXQWௐPDLQWHQDQFHௐUHTXHVWVௐVXFKௐDVௐFDUGௐUHSODFHPHQWௐ PDQXDOௐDXWKRUL]DWLRQVௐSURFHVVLQJௐORVWVWROHQௐFDUGௐUHSRUWVௐDQGௐUHVHWVௐSDVVZRUGV 7HFKQLFDOௐ6XSSRUWௐ6SHFLDOLVWV
2XUௐKLJKO\ௐWUDLQHGௐWHFKQLFDOௐVXSSRUWௐVSHFLDOLVWVௐDVVLVWௐ\RXௐZLWKௐVRIWZDUHௐDFFHVVௐDQGௐ SURYLGHௐZHEௐRUௐSKRQHEDVHGௐWUDLQLQJ

6HUYLFH IRUFH 86 %DQN &RUSRUDWH 3D\PHQW 6\VWHPV WKH 86 %DQN GLYLVLRQ WKDW LQFOXGHV RXU IOHHW Bid Number: RFP 030625 Vendor Name: U.S. Bank National Association

SURJUDP HPSOR\V DSSUR[LPDWHO\ HPSOR\HHV 2XU VWDII LV DOLJQHG E\ IXQFWLRQ QRW E\ௐSURJUDP
ௐWKHUHIRUHௐHPSOR\HHVௐPD\ௐVXSSRUWௐVHYHUDOௐSURJUDPVௐLQௐWKHLUௐDUHDௐRIௐ H[SHUWLVH
$SSUR[LPDWHO\ௐ
ௐHPSOR\HHVௐDUHௐGHGLFDWHGௐH[FOXVLYHO\ௐWRௐVXSSRUWLQJௐRSHUDWLRQVௐIRUௐ RXUௐ)OHHWௐSURJUDPௐEXWௐPDQ\ௐPRUHௐVXSSRUWௐWKHௐ9R\DJHUௐ)OHHWௐ&DUGௐLQௐWKHௐDUHDVௐRIௐ WHFKQRORJ\ௐVDOHVௐDQGௐUHODWLRQVKLSௐPDQDJHPHQWௐILQDQFHௐSURJUDPௐVWUDWHJ\ௐDQGௐ DGGLWLRQDOௐRSHUDWLRQVௐ86ௐ%DQFRUSௐRXUௐSDUHQWௐFRPSDQ\ௐHPSOR\VௐPRUHௐWKDQௐௐ SHRSOH
86ௐ%DQNௐ9R\DJHUௐKDVௐWZRௐRSWLRQVௐIRUௐFXVWRPHUௐVXSSRUW
ௐRXUௐDZDUGௐZLQQLQJௐDQGௐ62&
FHUWLILHGௐௐ&XVWRPHUௐ6HUYLFHௐ&HQWHUௐDQGௐWKHௐ9R\DJHUௐSRUWDO &XVWRPHUௐ6HUYLFHௐ&HQWHU
86ௐ%DQNௐ9R\DJHUௐ)OHHWௐ&DUGௐ3URJUDPௐ&XVWRPHUௐ6HUYLFHௐ5HSUHVHQWDWLYHVௐDUHௐ DYDLODEOHௐWRௐDVVLVWௐ3DUWLFLSDWLQJௐ(QWLWLHVௐZLWKௐDQ\ௐDFFRXQWௐLVVXHVௐௐ%HFDXVHௐRXUௐWROO IUHHௐQXPEHUௐLVௐOLVWHGௐRQௐWKHௐEDFNௐRIௐHYHU\ௐFDUGௐLVVXHGௐ\RXௐFDQௐWDNHௐFRPIRUWௐLQௐ NQRZLQJௐWKDWௐ\RXUௐGULYHUVௐKDYHௐௐDFFHVVௐWRௐOLYHௐ&XVWRPHUௐ6HUYLFHௐ5HSUHVHQWDWLYHVௐ IRUௐDOOௐHPHUJHQF\ௐDXWKRUL]DWLRQௐDQGௐURDGVLGHௐDVVLVWDQFHௐQHHGV 2XUௐ&XVWRPHUௐ6HUYLFHௐ&HQWHUௐLVௐVWUXFWXUHGௐLQWRௐWKUHHௐWLHUHGௐJURXSVௐWRௐHQVXUHௐIRFXVௐRQௐ DSSURSULDWHௐDUHDVௐRIௐFXVWRPHUௐQHHG

ௐ$XWKRUL]DWLRQௐWHDP²5HSUHVHQWDWLYHVௐDWௐWKHௐILUVWௐOHYHOௐZKRௐDUHௐVSHFLILFDOO\ௐWUDLQHGௐWRௐ KDQGOHௐDXWKRUL]DWLRQௐFDOOVUHTXHVWVௐIURPௐGULYHUV

ௐ$FFRXQWௐ&RRUGLQDWRUௐWHDP²5HSUHVHQWDWLYHVௐZLWKௐDGGLWLRQDOௐWUDLQLQJௐWRௐDVVLVWௐZLWKௐ LVVXHVௐVXFKௐDVௐFDUGௐPDLQWHQDQFHௐDQGௐUHSRUWLQJௐ
QRQGHGLFDWHG

ௐ.H\ௐ$FFRXQWௐ&RRUGLQDWRUV±±5HSUHVHQWDWLYHVௐZLWKௐDGGLWLRQDOௐWUDLQLQJௐWRௐDVVLVWௐZLWKௐ LVVXHVௐVXFKௐDVௐFDUGௐPDLQWHQDQFHௐDQGௐUHSRUWLQJ
2WKHUௐVHUYLFHVௐDYDLODEOHௐE\ௐGLDOLQJௐRXUௐWROOIUHHௐQXPEHUௐLQFOXGH

ௐௐIXHOௐDQGௐPDLQWHQDQFHௐDXWKRUL]DWLRQ

ௐௐHPHUJHQF\ௐURDGVLGHௐDVVLVWDQFHௐ
RXWௐRIௐJDVௐORFNௐRXWVௐWLUHௐUHSDLUௐWRZLQJௐHWF

ௐௐDVVLVWDQFHௐIRUௐORFDWLQJௐIXHOௐDQGௐPDLQWHQDQFHௐORFDWLRQV

ௐௐGULYHUௐVXSSRUWௐ
KRZௐWRௐXVHௐWKHௐFDUGௐDVVLVWDQFHௐZLWKௐRYHUWKHOLPLWௐWUDQVDFWLRQVௐ IXHOௐDQGௐPDLQWHQDQFHௐUXOHVௐHWF

ௐ)XOOௐDFFRXQWௐPDLQWHQDQFHௐ
FDUGௐYHKLFOHௐGULYHUௐELOOLQJௐOLPLWௐUHTXHVWVௐHWF

9R\DJHUௐSRUWDOௐVHUYLFHௐIHDWXUHV
&RPSOHWHௐDQGௐWRWDOௐIXQFWLRQDOLW\ௐLVௐDOVRௐDYDLODEOHௐWRௐDௐXVHU¶VௐVHWXSௐLQௐWKHௐ9R\DJHUௐ SRUWDO
VௐZHEEDVHGௐVHFXUHௐV\VWHP

ௐ$ௐ3URJUDPௐ$GPLQLVWUDWRUௐLVௐHVWDEOLVKHGௐGXULQJௐWKHௐLPSOHPHQWDWLRQௐSURFHVVௐ7\SLFDOO\ௐ WKLVௐ$GPLQLVWUDWRUௐKDVௐWKHௐPDVWHUௐORJLQௐDQGௐSDVVZRUGௐIRUௐWKHௐDFFRXQWௐDQGௐFDQௐ DGPLQLVWHUௐXVHUௐ,'VௐDQGௐSDVVZRUGVௐIRUௐWKHௐRUJDQL]DWLRQௐRQௐDQௐRQJRLQJௐEDVLV

ௐ'XULQJௐLPSOHPHQWDWLRQௐZHௐUHTXHVWௐDௐOLVWLQJௐRIௐWKHௐLQGLYLGXDOVௐZKRௐZRXOGௐQHHGௐDFFHVVௐ WRௐWKHௐ9R\DJHUௐSRUWDOௐDQGௐWKHௐWDVNVௐWKH\ௐZLOOௐFRPSOHWHௐDORQJௐZLWKௐWKHௐKLHUDUFK\ௐOHYHOௐ DFFHVVௐWKH\ௐQHHGௐ:HௐZLOOௐWKHQௐVHWௐWKHௐXVHUVௐXSௐZLWKௐDௐXVHUQDPHௐDQGௐSDVVZRUGௐLQௐ WKHௐV\VWHPௐDVVLVWLQJௐ\RXUௐ)OHHWௐ$GPLQLVWUDWRUௐGXULQJௐWKHௐLPSOHPHQWDWLRQௐSURFHVV

ௐ7KHௐV\VWHPௐUHTXLUHVௐXVHUVௐWRௐFKDQJHௐWKHLUௐSDVVZRUGVௐHYHU\ௐ ௐGD\VௐWRௐDௐXQLTXHௐ
SDVVZRUGௐWKDWௐWKHௐXVHUௐKDVௐQRWௐXVHGௐEHIRUH

ௐ7KHௐWDVNVௐWKDWௐDௐXVHUௐZLOOௐEHௐDEOHௐWRௐSHUIRUPௐDUHௐEDVHGௐRQௐWKHௐIXQFWLRQDOLW\ௐWKDWௐWKHௐ $GPLQLVWUDWRUௐDOORZVௐVXFKௐDVௐWKHௐDELOLW\ௐWRௐDGGXSGDWHGHOHWHௐLQIRUPDWLRQௐRUௐMXVWௐUXQௐ UHSRUWVௐ7KLVௐFDQௐEHௐOLPLWHGௐWRௐVSHFLILFௐKLHUDUFKLFDOௐOHYHOVௐHVWDEOLVKHGௐLQௐWKHௐV\VWHPௐ 6RPHௐRIௐWKHௐIXQFWLRQVௐWKH\ௐFDQௐSHUIRUPௐDUH

ௐ6HWௐXSௐDQGௐXSGDWHௐFDUGVௐGULYHUVௐDQGௐYHKLFOHV

ௐ'LVSXWHௐWUDQVDFWLRQVௐRQOLQH

ௐ(QDEOHௐGULYHUVௐWRௐIXHOௐDWௐDௐVLWHௐZKHQௐOLPLWDWLRQVௐKDYHௐEHHQௐUHDFKHG

ௐ,GHQWLI\ௐFDUGVௐLVVXHGௐLQௐWKHௐILHOGௐGRZQௐWRௐKLHUDUFKLFDOௐOHYHOV

ௐ,GHQWLI\ௐYHKLFOHVௐDQGௐGULYHUVௐVHWXSௐGRZQௐWRௐKLHUDUFKLFDOௐOHYHOV

ௐ9LHZௐSULQWௐDQGௐGRZQORDGௐௐSUHGHILQHGௐDQGௐFXVWRPL]DEOHௐUHSRUWV 6XSSRUWௐVWUXFWXUH
:HௐSURYLGHௐVHYHUDOௐDGGLWLRQDOௐOD\HUVௐRIௐVXSSRUWௐWRௐ6RXUFHZHOOௐLQFOXGLQJ

ௐ7KHௐ5HODWLRQVKLSௐ0DQDJHUௐIDFLOLWDWHVௐLPSOHPHQWDWLRQௐRIௐ\RXUௐIOHHWௐFDUGௐSURJUDPௐDQGௐ SURYLGHVௐ\RXௐZLWKௐRQJRLQJௐFRQVXOWDWLRQௐIRUௐSURJUDPௐXSGDWHVௐSURGXFWௐHQKDQFHPHQWVௐ DQGௐDFFRXQWௐSHUIRUPDQFH

ௐ7KHௐGHGLFDWHGௐ$FFRXQWௐ&RRUGLQDWRUௐSURYLGHVௐRQJRLQJௐGDLO\ௐVHUYLFLQJௐVXSSRUWௐWRௐ\RXௐ LQFOXGLQJௐFDUGௐSURFHVVLQJௐDQGௐFKDQJHV

ௐ7KHௐ9R\DJHUௐSRUWDOௐWHFKQLFDOௐJURXSௐSURYLGHVௐDௐOLYHௐUHSUHVHQWDWLYHௐWRௐDVVLVWௐZLWKௐ VHWXSௐWUDLQLQJௐDQGௐTXHVWLRQVௐUHJDUGLQJௐWKHௐ9R\DJHUௐSRUWDO (VFDODWLRQௐSRLQWௐRIௐFRQWDFWௐVKHHW
6RXUFHZHOO¶Vௐ3DUWLFLSDWLQJௐ(QWLWLHVௐZLOOௐEHௐJLYHQௐDQௐ(VFDODWLRQௐ3RLQWௐRIௐ&RQWDFWௐVKHHWௐ IRUௐDQ\ௐLVVXHVௐWKDWௐRXUௐௐ&XVWRPHUௐ6HUYLFHௐ5HSUHVHQWDWLYHVௐRUௐRXUௐ$FFRXQWௐ &RRUGLQDWRUௐFDQQRWௐUHVROYHௐ$Q\ௐLVVXHௐFDQௐEHௐHVFDODWHGௐWRௐWKHௐXSSHUௐPDQDJHPHQWௐRIௐ 86ௐ%DQNௐDQGௐIURPௐWRSௐWRௐERWWRPௐZHௐSOHGJHௐWRௐZRUNௐTXLFNO\ௐDQGௐGLOLJHQWO\ௐWRௐ UHVROYHௐDQ\ௐLVVXHVௐWKDWௐPD\ௐDULVH

Bid Number: RFP 030625 Vendor Name: U.S. Bank National Association

$XWKRUL]DWLRQௐSURFHGXUHV
86ௐ%DQNௐDGKHUHVௐWRௐVWDQGDUGௐDXWKRUL]DWLRQௐSURFHGXUHVௐ$OOௐHOHFWURQLFௐVDOHVௐZLOOௐEHௐ DXWKRUL]HGௐRQOLQHௐLQௐUHDOWLPHௐDJDLQVWௐRXUௐSRVLWLYHௐILOHௐ7UDQVDFWLRQVௐWKDWௐYLRODWHௐWKHௐ UHVWULFWLRQVௐHVWDEOLVKHGௐE\ௐWKHௐDXWKRUL]DWLRQௐFRQWUROVௐZLOOௐEHௐGHQLHGௐDWௐWKHௐSRLQWRIVDOHௐ $XWKRUL]DWLRQௐDVVLVWDQFHௐLVௐDYDLODEOHௐௐWKURXJKௐRXUௐWROOIUHHௐ&XVWRPHUௐ6HUYLFHௐKRWOLQH
'HVFULEHௐWKHௐRUGHULQJௐSURFHVVௐ,IௐRUGHUVௐZLOOௐ
EHௐKDQGOHGௐE\ௐGLVWULEXWRUVௐGHDOHUVௐRUௐ
RWKHUVௐH[SODLQௐWKHௐUHVSHFWLYHௐUROHVௐRIௐWKHௐ
3URSRVHUௐDQGௐRWKHUV
3DUWLFLSDWLQJௐ(QWLWLHVௐZLOOௐUHTXHVWௐSDUWLFLSDWLRQௐWKURXJKௐWKHௐ6RXUFHZHOOௐZHEVLWHௐDQGௐYLDௐ RXWUHDFKௐGLUHFWO\ௐWRௐ86ௐ%DQNௐYLDௐZHEVLWHௐRUௐHPDLOௐ7KHௐ86ௐ%DQNௐVDOHVௐWHDPௐZLOOௐ SURYLGHௐHDFKௐSDUWLFLSDWLQJௐHQWLW\ௐDௐ&R%UDQGHGௐ9R\DJHUௐ6RXUFHZHOOௐ$SSOLFDWLRQௐIRUௐ FRPSOHWLRQௐDQGௐDௐ&XVWRPHUௐ,QIRUPDWLRQௐ4XHVWLRQQDLUHௐ7KHVHௐGRFXPHQWVௐDUHௐUHTXLUHGௐ E\ௐWKHௐ86ௐ'HSDUWPHQWௐRIௐ7UHDVXU\ௐUHTXLUHPHQWௐIRUௐDOOௐEDQNௐDQGௐILQDQFLDOௐLQVWLWXWLRQௐ DFFRXQWVௐWRௐEHௐFRPSOHWHGௐDQGௐVXEPLWWHGௐIRUௐSURFHVVLQJௐ7KHௐ86ௐ%DQNௐVDOHVௐ FRQWUDFWLQJௐDQGௐFRPSOLDQFHௐWHDPVௐZLOOௐUHYLHZௐDQGௐWUDFNௐSURJUHVVௐRIௐWKHௐGRFXPHQWVௐ DQGௐZKHUHௐQHHGHGௐVHHNௐDGGLWLRQDOௐLQIRUPDWLRQௐIURPௐWKHௐSDUWLFLSDWLQJௐHQWLW\ௐ8SRQௐ FUHGLWௐDSSURYDOௐDQௐ,PSOHPHQWDWLRQௐ0DQDJHUௐZLOOௐEHௐDVVLJQHGௐWRௐWKHௐDFFRXQWௐDQGௐZRUNௐ ZLWKௐWKHௐ(QWLW\ௐLQௐ&RPSOHWLQJௐWKHௐVHWXSௐGRFXPHQWVௐEDVHGௐXSRQௐWKHௐFXVWRPHUVௐGHVLUHGௐ DFFRXQWௐVHWWLQJVௐDQGௐZLOOௐEXLOGௐWKHௐDFFRXQWௐRQFHௐDOOௐSDSHUZRUNௐLVௐUHFHLYHGௐDQGௐZLOOௐ VKLSௐWKHௐFDUGVௐWRௐWKHௐ(QWLW\ௐIRUௐGLVWULEXWLRQ

'HVFULEHௐLQௐGHWDLOௐWKHௐSURFHVVௐDQGௐ
SURFHGXUHௐRIௐ\RXUௐFXVWRPHUௐVHUYLFHௐ
SURJUDPௐLIௐDSSOLFDEOHௐௐ,QFOXGHௐ\RXUௐ
UHVSRQVHWLPHௐFDSDELOLWLHVௐDQGௐ
FRPPLWPHQWVௐDVௐZHOOௐDVௐDQ\ௐLQFHQWLYHVௐWKDWௐ
KHOSௐ\RXUௐSURYLGHUVௐPHHWௐ\RXUௐVWDWHGௐ
VHUYLFHௐJRDOVௐRUௐSURPLVHV
$VௐZHௐORRNௐIRUZDUGௐWRௐVXSSRUWLQJௐ6RXUFHZHOO¶Vௐ)OHHWௐ3URJUDPௐ\RXௐZLOOௐFRQWLQXHௐWRௐ KDYHௐWZRௐRSWLRQVௐIRUௐWKHௐ86ௐ%DQNௐ9R\DJHUௐ)OHHWௐ&DUGௐSURJUDP ௐRXUௐDZDUGௐZLQQLQJௐ
DQGௐ62&ௐFHUWLILHGௐௐ&XVWRPHUௐ6HUYLFHௐ&HQWHUௐDQGௐWKHௐ9R\DJHUௐSRUWDO 86ௐ%DQNௐ9R\DJHUௐ)OHHWௐ&DUGௐ3URJUDPௐ&XVWRPHUௐ6HUYLFHௐ5HSUHVHQWDWLYHVௐDUHௐ DYDLODEOHௐௐWRௐDVVLVWௐ6RXUFHZHOOௐZLWKௐDQ\ௐDFFRXQWௐLVVXHVௐ%HFDXVHௐRXUௐWROOIUHHௐ QXPEHUௐLVௐOLVWHGௐRQௐWKHௐEDFNௐRIௐHYHU\ௐFDUGௐLVVXHGௐ6RXUFHZHOO¶Vௐ3DUWLFLSDWLQJௐ(QWLWLHVௐ FDQௐWDNHௐFRPIRUWௐLQௐNQRZLQJௐWKDWௐGULYHUVௐKDYHௐௐDFFHVVௐWRௐOLYHௐ&XVWRPHUௐ6HUYLFHௐ 5HSUHVHQWDWLYHVௐIRUௐDOOௐHPHUJHQF\ௐDXWKRUL]DWLRQௐDQGௐURDGVLGHௐDVVLVWDQFHௐQHHGV 2WKHUௐVHUYLFHVௐDYDLODEOHௐE\ௐGLDOLQJௐRXUௐWROOIUHHௐQXPEHUௐDUH

ௐௐIXHOௐDQGௐPDLQWHQDQFHௐDXWKRUL]DWLRQ

ௐௐHPHUJHQF\ௐURDGVLGHௐDVVLVWDQFHௐ
RXWௐRIௐJDVௐORFNௐRXWVௐWLUHௐUHSDLUௐWRZLQJௐHWF

ௐௐDVVLVWDQFHௐIRUௐORFDWLQJௐIXHOௐDQGௐPDLQWHQDQFHௐORFDWLRQV

ௐௐGULYHUௐVXSSRUWௐ
KRZௐWRௐXVHௐWKHௐFDUGௐDVVLVWDQFHௐZLWKௐRYHUWKHOLPLWௐWUDQVDFWLRQVௐ IXHOௐDQGௐPDLQWHQDQFHௐUXOHVௐHWF

%HWZHHQௐWKHௐKRXUVௐRIௐௐDPௐDQGௐௐSPௐ&7ௐRXUௐ&XVWRPHUௐ6HUYLFHௐSURYLGHV

ௐ)XOOௐDFFRXQWௐPDLQWHQDQFHௐ
FDUGௐYHKLFOHௐGULYHUௐELOOLQJௐOLPLWௐUHTXHVWVௐHWF

7UDQVDFWLRQௐGLVSXWHௐUHVROXWLRQௐDVVLVWDQFH

ௐ7HFKQLFDOௐVXSSRUW
7KHௐ9R\DJHUௐSRUWDOௐDOVRௐSURYLGHVௐௐDFFHVVௐDQGௐVXSSRUWௐIRUௐRQOLQHௐDFFRXQWௐ PDLQWHQDQFHௐUHSRUWLQJௐDQGௐELOOLQJௐLQIRUPDWLRQ
3URYLGHGௐEHORZௐLVௐDௐVXPPDU\ௐRIௐWKHௐVHUYLFHௐSHUIRUPDQFHௐFRPPLWPHQWVௐXVHGௐE\ௐRXUௐ &XVWRPHUௐ6HUYLFHௐ5HSUHVHQWDWLYHVௐDQGௐ0,6ௐGHSDUWPHQWௐ:HௐPHHWௐWKHVHௐVHUYLFHௐ EHQFKPDUNVௐPRUHௐWKDQௐ

ௐRIௐWKHௐWLPH

ௐ%DVLFௐDVVLVWDQFH²$YDLODEOHௐௐWRௐUHVSRQGௐWRௐDFFRXQWௐLQTXLULHVௐDQGௐLVVXHVௐDQGௐIRUௐ QRWLILFDWLRQௐRIௐELOOLQJௐGLVSXWHV

ௐ7HOHSKRQHௐVHUYLFHௐ
PRQWKO\ௐDYHUDJH
²$QVZHUௐDWௐOHDVWௐௐRIௐDOOௐLQFRPLQJௐFDOOVௐ
ZLWKLQௐௐVHFRQGVௐ$OORZௐQRௐPRUHௐWKDQௐௐRIௐLQFRPLQJௐFDOOVௐWRௐEHௐDEDQGRQHGௐIURPௐ TXHXH

ௐ&DUGௐDSSOLFDWLRQV²$SSOLFDWLRQVௐZLOOௐEHௐSURFHVVHGௐZLWKLQௐWKUHHௐGD\Vௐ RUௐRQHௐGD\ௐIRUௐ
UXVKௐDSSOLFDWLRQV

ௐ&DUGௐSURGXFWLRQௐ
LQFOXGLQJௐHPHUJHQF\ௐUHSODFHPHQWௐRIௐORVWௐRUௐVWROHQௐFDUGV ²1HZௐ
DFFRXQWௐFDUGVௐPDLOHGௐZLWKLQௐWKUHHௐEXVLQHVVௐGD\Vௐ5HSODFHPHQWௐDQGௐDGGLWLRQDOௐFDUGVௐ PDLOHGௐZLWKLQௐWKUHHௐEXVLQHVVௐGD\Vௐ&DUGVௐUHTXHVWHGௐRQௐDQௐHPHUJHQF\ௐEDVLVௐPDLOHGௐ WKHௐVDPHௐGD\ௐDVௐUHTXHVWHGௐLIௐUHTXHVWௐLVௐUHFHLYHGௐE\ௐௐSPௐ&7ௐRQௐEXVLQHVVௐGD\V

ௐ'DLO\ௐGDWDௐGRZQORDG²,Iௐ6RXUFHZHOOௐRUௐ6RXUFHZHOO¶Vௐ3DUWLFLSDWLQJௐ(QWLWLHVௐUHFHLYHVௐDௐ GDWDௐILOHௐRIௐDOOௐFDUGௐWUDQVDFWLRQVௐIRUௐHPSOR\HHVௐWKHௐILOHௐZLOOௐEHௐDYDLODEOHௐIRUௐGRZQORDGௐ RQௐWKHௐUHTXHVWHGௐGDWHௐQRௐODWHUௐWKDQௐௐSPௐ&7

ௐ6WDWHPHQWௐGHOLYHU\²6WDWHPHQWVௐDUHௐGHOLYHUHGௐHOHFWURQLFDOO\ௐYLDௐWKHௐ9R\DJHUௐ3RUWDOௐ ZLWKLQௐௐKRXUV
:HௐEHOLHYHௐWKDWௐRXUௐVHUYLFHௐTXDOLW\ௐOHDGVௐWKHௐLQGXVWU\ௐDQGௐZHௐDUHௐKDSS\ௐWRௐVKDUHௐ DGGLWLRQDOௐGHWDLOVௐUHJDUGLQJௐWKHVHௐFRPPLWPHQWVௐDVௐ86ௐ%DQNௐSURJUHVVHVௐLQௐWKHௐ VHOHFWLRQௐSURFHVV

Bid Number: RFP 030625 Vendor Name: U.S. Bank National Association

'HVFULEHௐ\RXUௐDELOLW\ௐDQGௐZLOOLQJQHVVௐWRௐ
SURYLGHௐ\RXUௐSURGXFWVௐDQGௐVHUYLFHVௐWRௐ
6RXUFHZHOOௐSDUWLFLSDWLQJௐHQWLWLHV
6RXUFHZHOOௐSDUWLFLSDQWVௐLQௐWKHௐ8QLWHGௐ6WDWHVௐ&DQDGDௐDQGௐ3XHUWRௐ5LFRௐKDYHௐDFFHVVௐWRௐ WKHௐ86ௐ%DQNௐ9R\DJHUௐ)OHHWௐ&DUGௐSURJUDPௐ3DUWLFLSDWLQJௐ(QWLWLHVௐRXWVLGHௐWKHௐ8QLWHGௐ 6WDWHVௐFDQௐHQMR\ௐDFFHSWDQFHௐDQ\ZKHUHௐ0DVWHUFDUGௐLVௐDFFHSWHGௐZLWKௐWKHௐ9R\DJHUௐ 0DVWHUFDUGௐVROXWLRQ
$VௐDQௐLQFXPEHQWௐ9HQGRUௐWRௐ6RXUFHZHOO¶Vௐ)OHHWௐ&DUGௐ3URJUDPௐ\RXUௐ3DUWLFLSDWLQJௐ (QWLWLHVௐFXUUHQWO\ௐKDYHௐDQGௐZLOOௐFRQWLQXHௐWRௐKDYHௐDFFHVVௐWRௐPRUHௐWKDQௐௐPDMRUௐ DQGௐUHJLRQDOௐIXHOௐDQGௐPDLQWHQDQFHௐORFDWLRQVௐLQௐDOOௐௐVWDWHVௐDQGௐ3XHUWRௐ5LFRௐZLWKௐ QHZௐVLWHVௐDGGHGௐGDLO\ௐ'ULYHUVௐFDQௐH[SHULHQFHௐVHDPOHVVௐWUDQVDFWLRQVௐDWௐSULYDWHௐIXHOLQJௐ VLWHVௐWUXFNௐVWRSVௐHOHFWULFௐYHKLFOHௐFKDUJLQJௐVWDWLRQVௐPDLQWHQDQFHௐSURYLGHUVௐDQGௐVHUYLFHௐ ORFDWLRQVௐ2IௐWKRVHௐPHUFKDQWVௐDSSUR[LPDWHO\ௐௐDUHௐIXHOௐPHUFKDQWVௐZKLFKௐ UHSUHVHQWௐ
ௐRIௐDOOௐDFFHSWLQJௐIXHOௐPHUFKDQWVௐLQௐWKHௐ8QLWHGௐ6WDWHV 7KHௐ9R\DJHUௐ$FFHSWDQFHௐ/RFDWRUௐLVௐDௐZHEEDVHGௐWRROௐWKDWௐSURYLGHVௐFDUGௐXVHUVௐZLWKௐ GHWDLOHGௐPHUFKDQWௐDQGௐVHUYLFHௐLQIRUPDWLRQௐIRUௐDOOௐORFDWLRQVௐWKDWௐDFFHSWௐWKHௐ86ௐ%DQNௐ 9R\DJHUௐ)OHHWௐ&DUGௐ,QௐDGGLWLRQௐWRௐSLQSRLQWLQJௐORFDWLRQVௐWKHௐORFDWRUௐLGHQWLILHVௐWKHௐ DYHUDJHௐIXHOௐSULFHௐLQௐWKHௐVHDUFKௐDUHDௐDVௐZHOOௐDVௐWKHௐORZHVWௐFRVWௐIXHOௐSURYLGHUV :HௐKDYHௐHVWDEOLVKHGௐVWUDWHJLFௐUHODWLRQVKLSVௐZLWKௐDOOௐWKHௐPDMRUௐRLOௐFRPSDQLHVௐDQGௐ UHJLRQDOௐIXHOLQJௐORFDWLRQVௐDFURVVௐWKHௐ8QLWHGௐ6WDWHV

'HVFULEHௐ\RXUௐDELOLW\ௐDQGௐZLOOLQJQHVVௐWRௐ
SURYLGHௐ\RXUௐSURGXFWVௐDQGௐVHUYLFHVௐWRௐ
6RXUFHZHOOௐSDUWLFLSDWLQJௐHQWLWLHVௐLQௐ&DQDGD
)RUௐSDUWLFLSDWLQJௐHQWLWLHVௐLQௐ&DQDGDௐZHௐRIIHUௐWKHௐ86ௐ%DQNௐ9R\DJHUௐ0DVWHUFDUGௐ ZKLFKௐRIIHUVௐH[SDQGHGௐIOHHWௐDQGௐVRPHௐWUDYHOௐFDSDELOLWLHVௐWKDWௐFRPELQHVௐFRUSRUDWHௐ WUDYHOௐSXUFKDVLQJௐDQGௐIOHHWௐFDUGௐFDSDELOLWLHV
7KHௐ9R\DJHUௐ0DVWHUFDUGௐRIIHUVௐWKHௐDERYHௐHQKDQFHGௐIXQFWLRQDOLW\ௐRQௐ9R\DJHUௐDQGௐ IOH[LEOHௐIXQFWLRQDOLW\ௐRQௐ0DVWHUFDUGௐWRௐDVVLVWௐWKRVHௐXQH[SHFWHGௐWUDQVDFWLRQVௐVXFKௐDV

ௐ5HPRWHௐDQGௐFURVVERUGHUௐPHUFKDQWௐDFFHSWDQFH²&RYHUDJHௐLVௐFULWLFDOௐZKHQௐRQௐWKHௐ URDGௐWKHௐ9R\DJHUௐ0DVWHUFDUGௐFRYHUVௐ\RXௐZKHUHYHUௐ\RXௐDUH

ௐ+RWHOௐIRRGௐFDUௐUHQWDO²(YHUௐKDYHௐDௐYHKLFOHௐEUHDNௐGRZQௐRQௐWKHௐURDGௐZKHQௐUHSDLULQJௐ LWௐWDNHVௐRYHUQLJKWௐRUௐORQJHU"ௐ7KHௐ9R\DJHUௐ0DVWHUFDUGௐZLOOௐHQVXUHௐ\RXUௐGULYHUௐJHWVௐ KRPHௐDQGௐDOORZVௐ\RXUௐIOHHWௐDGPLQLVWUDWRUௐWRௐPDQDJHௐDOOௐWKHௐH[SHQVHVௐHIILFLHQWO\

,GHQWLI\ௐDQ\ௐJHRJUDSKLFௐDUHDVௐRIௐWKHௐ8QLWHGௐ
6WDWHVௐRUௐ&DQDGDௐWKDWௐ\RXௐZLOOௐ127ௐEHௐIXOO\ௐ
VHUYLQJௐWKURXJKௐWKHௐSURSRVHGௐDJUHHPHQW
86ௐ%DQNௐFDQௐIXOO\ௐVHUYLFHௐDOOௐJHRJUDSKLFௐDUHDVௐZLWKLQௐWKHௐ8QLWHGௐ6WDWHVௐDQGௐ&DQDGD 9R\DJHUௐFROODERUDWHGௐZLWKௐ0DVWHUFDUGௐWRௐH[SDQGௐRXUௐDFFHSWDQFHௐQHWZRUNௐWRௐLQFOXGHௐ DSSUR[LPDWHO\ௐௐIXHOLQJௐDQGௐௐPDLQWHQDQFHௐORFDWLRQVௐ7KHௐ0DVWHUFDUGௐ DOOLDQFHௐDOVRௐH[SDQGVௐDFFHSWDQFHௐWRௐWUDYHOௐPHUFKDQWVௐ
HJௐKRWHOVௐGLQLQJௐFDUௐUHQWDOௐ
HWF
ௐ7KLVௐRQGHPDQGௐFDSDELOLW\ௐRIIHUVௐIOH[LELOLW\ௐWRௐRYHUௐWKHௐURDGௐDQGௐFURVVERUGHUௐ GULYHUVௐDVௐZHOOௐDVௐKDQGOLQJௐXQH[SHFWHGௐRUௐHPHUJHQF\ௐH[SHQVHVௐVXFKௐDVௐDQௐRYHUQLJKWௐ VWD\ௐZKLOHௐDௐYHKLFOHௐLVௐUHSDLUHGௐRUௐIRUௐDௐIXHOௐWUDQVDFWLRQௐDFURVVௐWKHௐERUGHUௐLQௐ&DQDGDௐ RUௐ0H[LFR
7KHௐ9R\DJHUௐ$FFHSWDQFHௐ/RFDWRUௐLVௐDௐZHEEDVHGௐRUௐPRELOHௐWRROௐWKDWௐSURYLGHVௐFDUGௐ XVHUVௐZLWKௐGHWDLOHGௐPHUFKDQWௐDQGௐVHUYLFHௐLQIRUPDWLRQௐIRUௐDOOௐORFDWLRQVௐRQௐWKHௐ9R\DJHUௐ 1HWZRUNௐDFFHSWLQJௐWKHௐ9R\DJHUௐ)OHHWௐ&DUGௐ,QௐDGGLWLRQௐWRௐSLQSRLQWLQJௐORFDWLRQVௐWKHௐ ORFDWRUௐLGHQWLILHVௐWKHௐDYHUDJHௐIXHOௐSULFHௐLQௐWKHௐVHDUFKௐDUHDௐDVௐZHOOௐDVௐWKHௐORZHVWௐFRVWௐ IXHOௐSURYLGHUV
7KHௐ9R\DJHUௐ$FFHSWDQFHௐ/RFDWRUௐSLQSRLQWVௐWKHௐPHUFKDQW¶VௐORFDWLRQௐIXHOௐSULFHVௐDQGௐ RWKHUௐLQIRUPDWLRQௐEDVHGௐRQௐWKHௐXVHU¶VௐVHDUFKௐFULWHULDௐDQGௐJHQHUDWHVௐDQௐLQWHUDFWLYHௐPDSௐ WKDWௐRIIHUVௐGULYLQJௐGLUHFWLRQVௐDQGௐFRPSDUHVௐPHUFKDQWௐORFDWLRQVௐWRௐWKHௐDYHUDJHௐIXHOௐ SULFHௐLQௐWKHௐVHDUFKௐDUHD
7KHௐ9R\DJHUௐ$FFHSWDQFHௐ/RFDWRUௐPD\ௐEHௐDFFHVVHGௐDW
ௐ
YR\DJHUXVEDQNFRPDSSSXEOLFPHUFKDQW/RFDWRUGRௐ$ௐVDPSOHௐRIௐWKHௐPHUFKDQWௐORFDWRUௐLVௐ SURYLGHGௐLQௐ([KLELWௐௐ86ௐ%DQNௐ9R\DJHUௐ$FFHSWDQFHௐ/RFDWRUௐ6DPSOH

,GHQWLI\ௐDQ\ௐDFFRXQWௐW\SHௐRIௐ3DUWLFLSDWLQJௐ
(QWLW\ௐZKLFKௐZLOOௐQRWௐKDYHௐIXOOௐDFFHVVௐWRௐ
\RXUௐ6ROXWLRQVௐLIௐDZDUGHGௐDQௐDJUHHPHQWௐ
DQGௐWKHௐUHDVRQLQJௐIRUௐWKLV
$VௐDௐFXUUHQWௐ6RXUFHZHOOௐYHQGRUௐZHௐZLOOௐFRQWLQXHௐWRௐSURYLGHௐVHUYLFHௐDQ\ZKHUHௐWKHௐ86ௐ %DQNௐ9R\DJHUௐ)OHHWௐ&DUGௐRUௐ0DVWHUFDUGௐLVௐDFFHSWHG
,QௐDGGLWLRQௐDQ\ௐ6RXUFHZHOOௐ3DUWLFLSDWLQJௐ(QWLW\ௐZLOOௐKDYHௐIXOOௐDFFHVVௐWRௐ86ௐ%DQNௐ VROXWLRQV
:HௐZLOOௐZRUNௐZLWKௐ6RXUFHZHOOௐ3DUWLFLSDWLQJௐ(QWLWLHVௐWRௐHVWDEOLVKௐDௐFUHGLWௐOLPLWௐWKDWௐ DOORZVௐWKHௐIOH[LELOLW\ௐWRௐPHHWௐEXVLQHVVௐQHHGVௐZLWKRXWௐH[SRVLQJௐHLWKHUௐ86ௐ%DQNௐRUௐ 6RXUFHZHOOௐSDUWLFLSDWLQJௐHQWLWLHVௐWRௐVXEVWDQWLDOௐILQDQFLDOௐULVNௐ:HௐZLOOௐHVWDEOLVKௐDௐ PD[LPXPௐH[WHQVLRQௐRIௐFUHGLWௐIRUௐHDFKௐW\SHௐRIௐFDUGௐEDVHGௐXSRQௐRXUௐDQDO\VLVௐRIௐ DQWLFLSDWHGௐFKDUJHௐYROXPHௐRXUௐDQDO\VLVௐRIௐ\RXUௐILQDQFLDOௐVWDWHPHQWVௐDQGௐRWKHUௐSHUWLQHQWௐ LQIRUPDWLRQௐDVௐUHTXLUHGௐE\ௐDSSOLFDEOHௐIHGHUDOௐOHQGLQJௐODZVௐEDQNLQJௐUXOHVௐDQGௐ UHJXODWLRQVௐDQGௐRXUௐFUHGLWௐSROLF\

Bid Number: RFP 030625 Vendor Name: U.S. Bank National Association

'HILQHௐDQ\ௐVSHFLILFௐUHTXLUHPHQWVௐRUௐ
UHVWULFWLRQVௐWKDWௐZRXOGௐDSSO\ௐWRௐRXUௐ
SDUWLFLSDWLQJௐHQWLWLHVௐLQௐ+DZDLLௐDQGௐ$ODVNDௐ
DQGௐLQௐ86ௐ7HUULWRULHV
3DUWLFLSDWLQJௐ(QWLWLHVௐLQௐ+DZDLLௐDQGௐ$ODVNDௐZRXOGௐQRWௐH[SHULHQFHௐDQ\ௐUHVWULFWLRQVௐ7KH\ௐ ZLOOௐKDYHௐDFFHVVௐWRௐRXUௐFRPSUHKHQVLYHௐPHUFKDQWௐORFDWRUௐWRௐILQGௐGHWDLOHGௐPHUFKDQWௐ ORFDWLRQௐDQGௐVHUYLFHௐLQIRUPDWLRQௐIRUௐDOOௐ9R\DJHUௐDFFHSWLQJௐORFDWLRQV &DUGKROGHUVௐKDYHௐDFFHVVௐLQௐHYHU\ௐ=,3ௐFRGHௐDWௐUHWDLOௐDQGௐSULYDWHௐIXHOLQJௐVLWHVௐWUXFNௐ VWRSVௐHOHFWULFௐYHKLFOHௐFKDUJLQJௐVWDWLRQVௐPDLQWHQDQFHௐSURYLGHUVௐDQGௐVHUYLFHௐORFDWLRQVௐ ,W¶VௐDOVRௐDFFHSWHGௐRQௐWKHௐ0DVWHUFDUGௐQHWZRUN
7KHௐ9R\DJHUௐ$FFHSWDQFHௐ/RFDWRUௐPD\ௐEHௐDFFHVVHGௐDW
ௐ
KWWSV
YR\DJHUXVEDQNFRPDSSSXEOLFPHUFKDQW/RFDWRUGRௐDௐVDPSOHௐRIௐWKHௐ$FFHSWDQFHௐ /RFDWRUௐLVௐSURYLGHGௐLQௐ([KLELWௐௐ86ௐ%DQNௐ9R\DJHUௐ$FFHSWDQFHௐ/RFDWRUௐ6DPSOH

:LOOௐ3URSRVHUௐH[WHQGௐWHUPVௐRIௐDQ\ௐDZDUGHGௐ
PDVWHUௐDJUHHPHQWௐWRௐQRQSURILWௐHQWLWLHV"
<HVௐ86ௐ%DQNௐLVௐQDWLRQZLGHௐLQௐWKHௐ86ௐDQGௐFDQௐFRQWUDFWௐZLWKௐDQ\ௐOHJDOௐHQWLW\ௐZLWKLQௐ WKHௐ86ௐIURPௐDௐIOHHWௐSHUVSHFWLYH

7DEOH
0DUNHWLQJ3ODQ
3RLQWV

/LQH
,WHP 4XHVWLRQ 5HVSRQVH

'HVFULEHௐ\RXUௐPDUNHWLQJௐVWUDWHJ\ௐIRUௐ
SURPRWLQJௐWKLVௐRSSRUWXQLW\ௐௐ8SORDGௐ
UHSUHVHQWDWLYHௐVDPSOHVௐRIௐ\RXUௐ
PDUNHWLQJௐPDWHULDOVௐ
LIௐDSSOLFDEOH
ௐLQௐ
WKHௐGRFXPHQWௐXSORDGௐVHFWLRQௐRIௐ\RXUௐ
UHVSRQVH
:HௐKDYHௐSURYLGHGௐILQDQFLDOௐVHUYLFHVௐWRௐJRYHUQPHQWௐHQWLWLHVௐIRUௐRYHUௐDௐFHQWXU\ௐ2XUௐH[WHQVLYHௐ ZRUNௐZLWKௐRUJDQL]DWLRQVௐRIௐDOOௐVKDSHVௐDQGௐVL]HVௐJLYHVௐXVௐDௐXQLTXHௐSHUVSHFWLYHௐLQௐPHHWLQJௐ WKHௐSXEOLFௐVHFWRU¶VௐUHTXLUHPHQWVௐWKDWௐFXUUHQWO\ௐPHHWௐWKHௐQHHGVௐRIௐPRUHௐWKDQௐௐVWDWHVௐ FLWLHVௐFRXQWLHVௐWRZQVௐVFKRROௐGLVWULFWVௐDQGௐRWKHUௐJRYHUQPHQWDOௐRUௐSXEOLFௐRUJDQL]DWLRQV $VௐDQௐLQFXPEHQWௐ9HQGRUௐWRௐ6RXUFHZHOOௐ86ௐ%DQNௐZLOOௐLQLWLDWHௐWKHௐPDUNHWLQJௐVWUDWHJ\ௐZLWKௐ ZRUNௐDOUHDG\ௐFRPSOHWHGௐDQGௐSUHYLRXVO\ௐSURYLGHGௐWRROVௐ:HௐZLOOௐFROODERUDWHௐZLWKௐ6RXUFHZHOOௐ WRௐGHOLYHUௐDQௐHQKDQFHGௐXSGDWHGௐDQGௐFRPSUHKHQVLYHௐSODQௐWKDWௐLQFOXGHVௐH[SDQGLQJௐWKHௐ H[LVWLQJௐZHEVLWHௐ
KWWSV
ZZZXVEDQNFRPVSODVKFRUSRUDWH
SD\PHQWVWUDQVSRUWDWLRQVRXUFHZHOOKWPO
ௐGHGLFDWHGௐH[FOXVLYHO\ௐWRௐWKHௐ9R\DJHU6RXUFHZHOOௐ
SDUWQHUVKLSௐSURJUDPௐ7KHௐVLWHௐIHDWXUHVௐPXOWLSOHௐWRROVௐWRௐVXSSRUWௐERWKௐWKHௐLPSOHPHQWDWLRQௐDQGௐ RQJRLQJௐSURJUDPௐJURZWKௐDQGௐRSWLPL]DWLRQௐ:HௐZLOOௐPDLQWDLQௐWKHௐH[LVWLQJௐPDWHULDOVௐOLNHௐWKHௐ EURFKXUHௐZHௐFUHDWHGௐIRUௐWKLVௐSURJUDPௐDQGௐZLOOௐSURYLGHௐDGGLWLRQDOௐSURGXFWௐDQGௐVHUYLFHௐ RYHUYLHZVௐHQJDJHPHQWௐSODQVௐWRRONLWVௐ±ௐIRUௐWUDLQLQJௐVHUYLFLQJௐDQGௐLPSOHPHQWDWLRQௐ±ௐ FXVWRPL]HGௐFRPPXQLFDWLRQௐWHPSODWHVௐDQGௐFROODWHUDOௐWHFKQLFDOௐLQWHJUDWLRQௐUHVRXUFHVௐEHVWௐ SUDFWLFHVௐZKLWHௐSDSHUVௐYLGHRVௐDQGௐZHELQDUVௐWKDWௐSURPRWHௐWKHௐSURJUDPௐ:HௐZLOOௐDOVRௐ LQFOXGHௐDQௐRSSRUWXQLW\ௐIRUௐLQWHUHVWHGௐFOLHQWVௐDQGௐSURVSHFWVௐWRௐVXEVFULEHௐWRௐRXUௐTXDUWHUO\ௐIOHHW VSHFLILFௐWKRXJKWௐOHDGHUVKLSௐQHZVOHWWHUௐ
LQLWLDWLQJௐ$SULOௐ
ௐZKLOHௐDOVRௐRIIHULQJௐDFFHVVௐWRௐWKHௐ
DUFKLYHௐRIௐSUHYLRXVௐSXEOLFDWLRQVௐ7KHௐ86ௐ%DQNௐ9R\DJHUௐZHEVLWHௐZLOOௐDOVRௐSURYLGHௐWHPSODWHVௐ 6RXUFHZHOOௐRUJDQL]DWLRQVௐFDQௐXVHௐWRௐFRPPXQLFDWHௐLQIRUPDWLRQௐDERXWௐWKHௐ86ௐ%DQNௐ9R\DJHUௐ )OHHWௐ&DUGௐ3URJUDPௐ7KHVHௐWHPSODWHVௐZLOOௐLQFOXGHௐPHVVDJLQJௐWRௐVXSSRUWௐWKHௐWUDQVLWLRQௐWRௐDௐ QHZௐSURJUDPௐDQGௐSURYLGHௐPDQDJHUVௐDQGௐGULYHUVௐZLWKௐWKHௐLQIRUPDWLRQௐWKH\ௐQHHGௐWRௐTXLFNO\ௐ GULYHௐDGRSWLRQௐDQGௐXVDJH
86ௐ%DQNௐRIIHUVௐDௐGHVLJQDWHGௐVDOHVௐWHDPௐVSHFLILFௐWRௐWKLVௐSURJUDPௐUHVSRQVLEOHௐIRUௐ SURVSHFWLQJௐDQGௐPDQDJLQJௐRQERDUGLQJௐ7KLVௐWHDPௐZLOOௐEHௐDYDLODEOHௐWRௐKHOSௐLQWHUHVWHGௐ HQWLWLHVௐZLWKௐTXHVWLRQVௐDERXWௐWKHௐSURJUDPௐIHDWXUHVௐEHQHILWVௐV\VWHPVௐDQGௐSURFHVVHVௐDVௐZHOOௐ DVௐKHOSௐZLWKௐDSSOLFDWLRQVௐDQGௐJDWKHULQJௐUHTXLUHGௐGRFXPHQWDWLRQௐLIௐTXHVWLRQVௐDULVHௐ:HௐKDYHௐ DSSRLQWHGௐ%HYHUO\ௐ:LOVRQௐWRௐVHUYHௐDVௐDௐVDOHVௐPDQDJHUௐDQGௐOLDLVRQௐEHWZHHQௐ86ௐ%DQNௐ 9R\DJHUௐDQGௐ6RXUFHZHOOௐ%HYHUO\ௐZLOOௐPDUNHWௐDQGௐVROLFLWௐWKHௐ9R\DJHUௐ)OHHWௐDQGௐ0DLQWHQDQFHௐ 3URJUDP
V
ௐIRUௐHDFKௐSDUWLFLSDWLQJௐHQWLW\ௐRQௐWKHௐ6RXUFHZHOOௐFRQWUDFWௐ$QRWKHUௐHVVHQWLDOௐVHUYLFHௐ VKHௐZLOOௐSURYLGHௐLVௐFRQGXFWLQJௐZHELQDUVௐWRௐHGXFDWHௐSRWHQWLDOௐ6RXUFHZHOOௐSDUWLFLSDQWVௐRQௐWKHௐ EHQHILWVௐDQGௐDGYDQWDJHVௐRIௐWKHௐSURJUDPVௐWKDWௐ9R\DJHUௐRIIHUVௐ6KHௐZLOOௐSURYLGHௐWKHௐHVVHQWLDOௐ FRQWUDFWXDOௐSDSHUZRUNௐQHFHVVDU\ௐWRௐVWUHDPOLQHௐWKHௐRQERDUGLQJௐSURFHVVௐDQGௐZLOOௐVHUYHௐDVௐDௐ UHVRXUFHௐIRUௐWKHௐSDUWLFLSDQWVௐIURPௐWKHௐRQERDUGLQJௐWRௐLPSOHPHQWDWLRQௐSURFHVVHV 1RWௐRQO\ௐGRௐZHௐVSHFLDOL]HௐLQௐEDQNLQJௐJRYHUQPHQWௐHQWLWLHVௐEXWௐRXUௐ*RYHUQPHQWௐ%DQNLQJௐ GLYLVLRQௐHPSOR\HHVௐKDYHௐSUHYLRXVௐH[SHULHQFHௐZRUNLQJௐLQௐDௐYDULHW\ௐRIௐVWDWHௐDQGௐPXQLFLSDOௐ RIILFHVௐ7KHVHௐUHVRXUFHVௐZLOOௐEHௐDSSOLHGௐWRௐWKHௐ9R\DJHU6RXUFHZHOOௐSURJUDPௐWRௐLQFUHDVHௐ SURJUDPௐYLVLELOLW\ௐDQGௐDZDUHQHVVௐ7KHௐ*RYHUQPHQWௐ%DQNLQJௐGLYLVLRQௐZLOOௐDOVRௐKDYHௐ RSSRUWXQLWLHVௐWRௐPDUNHWௐWRௐ6RXUFHZHOOௐFOLHQWVௐWKURXJKௐRXUௐH[LVWLQJௐFRPPXQLW\ௐRXWUHDFKௐDQGௐ VHUYLFHௐZRUNௐ:HௐPDNHௐDQௐRQJRLQJௐHIIRUWௐWRௐEHௐDௐJRRGௐQHLJKERUௐDQௐLQYROYHGௐFLYLFௐFLWL]HQௐ DQGௐDௐFDULQJௐSXEOLFௐSDUWQHUௐWKURXJKௐILQDQFLDOௐVXSSRUWௐDQGௐHPSOR\HHௐYROXQWHHULVPௐ:LWKௐ RIILFHVௐORFDWHGௐWKURXJKRXWௐWKHௐFRXQWU\ௐZHௐKDYHௐPRUHௐWKDQௐௐEDQNHUVௐZLWKLQௐWKHௐ8QLWHGௐ 6WDWHVௐ:HௐDUHௐERWKௐ\RXUௐQHLJKERUVௐDQGௐ\RXUௐFLWL]HQVௐDQGௐZHௐDUHௐDFWLYHO\ௐHQJDJHGௐLQௐ GHYHORSLQJௐVWUHQJWKHQLQJௐDQGௐHQHUJL]LQJௐRXUௐFRPPXQLWLHV $GGLWLRQDOௐLQIRUPDWLRQௐUHJDUGLQJௐSURSRVHGௐDFWLYLWLHVௐKDVௐEHHQௐSURYLGHGௐLQௐUHVSRQVHVௐWRௐWKHௐ IROORZLQJௐTXHVWLRQV

Bid Number: RFP 030625 Vendor Name: U.S. Bank National Association

'HVFULEHௐ\RXUௐXVHௐRIௐWHFKQRORJ\ௐDQGௐ
GLJLWDOௐGDWDௐ
HJௐVRFLDOௐPHGLDௐ
PHWDGDWDௐXVDJH
ௐWRௐHQKDQFHௐ
PDUNHWLQJௐHIIHFWLYHQHVV
$VௐZLWKௐRXUௐRYHUDOOௐSDUWQHUVKLSௐPDUNHWLQJௐSODQௐ86ௐ%DQNௐ9R\DJHUௐSURSRVHVௐWKDWௐZHௐEHJLQௐ ZLWKௐZKDWௐKDVௐDOUHDG\ௐEHHQௐFUHDWHGௐDVௐSDUWௐRIௐWKHௐH[LVWLQJௐFRQWUDFWௐ:HௐZLOOௐEXLOGௐXSRQௐE\ௐ WKDWௐZLWKௐPRQWKO\ௐRUௐTXDUWHUO\ௐ
EDVHGௐRQௐ6RXUFHZHOO¶VௐSUHIHUHQFH
ௐVRFLDOௐPHGLDௐSRVWVௐ
VSRQVRUHGௐE\ௐ86ௐ%DQNௐWKDWௐH[SODLQௐRXUௐFXUUHQWௐUHODWLRQVKLSௐEHQHILWVௐDYDLODEOHௐWRௐ SURVSHFWLYHௐFOLHQWVௐZKRௐDUHௐLQWHUHVWHGௐLQௐMRLQLQJௐWKHௐSURJUDPௐDQGௐVXFFHVVௐVWRULHVௐRXWOLQLQJௐ DFKLHYHPHQWVௐZHௐKDYHௐJDLQHGௐZLWKௐRXUௐFXUUHQWௐFOLHQWௐEDVHௐ2XUௐ/LQNHG,QௐDQGௐ;ௐ IRUPHUO\ௐ
7ZLWWHU
ௐFKDQQHOVௐDUHௐXVHGௐWRௐKHOSௐFRQQHFWௐIOHHWVௐWRௐWKHௐODWHVWௐDUWLFOHVௐDQQRXQFHPHQWVௐ YLGHRVௐDQGௐRWKHUௐUHVRXUFHVௐWKDWௐVXSSRUWௐDௐEURDGHUௐXQGHUVWDQGLQJௐRIௐIOHHWௐPDQDJHPHQWௐDQGௐ ZHௐZLOOௐGUDZௐXSRQௐWKHVHௐUHVRXUFHVௐWRௐVHUYHௐ6RXUFHZHOO
7KHௐ86ௐ%DQNௐWHDPௐLVௐH[FLWHGௐWRௐFRQWLQXHௐRXUௐSDUWQHUVKLSௐZLWKௐ6RXUFHZHOOௐLQௐSURYLGLQJௐDௐ FRPSUHKHQVLYHௐIOHHWௐFDUGௐVROXWLRQௐWRௐ\RXUௐ3DUWLFLSDWLQJௐ(QWLWLHVௐ,QௐDGGLWLRQௐWRௐRXUௐVRFLDOௐ PHGLDௐSRVWVௐZHௐSXEOLVKௐDௐTXDUWHUO\ௐQHZVOHWWHUௐGHGLFDWHGௐWRௐWKHௐIOHHWௐLQGXVWU\ௐ6RXUFHZHOOௐLVௐ ZHOFRPHௐWRௐVXEVFULEHௐDQGௐXVHௐWKHௐLQGXVWU\ௐWKRXJKWௐOHDGHUVKLSௐQHZVOHWWHUௐZLWKLQௐWKHௐ SXEOLFDWLRQௐWRௐHQJDJHௐZLWKௐ\RXUௐFXVWRPHUVௐ$VௐPHQWLRQHGௐDERYHௐDௐOLQNௐWRௐWKHௐQHZVOHWWHUௐ UHJLVWUDWLRQௐSDJHௐZLOOௐEHௐSURYLGHGௐRQௐWKHௐZHEVLWHௐGHGLFDWHGௐWRௐRXUௐVKDUHGௐSURJUDPௐ$Q\ௐ GLJLWDOௐPDUNHWLQJௐDFWLYLWLHVௐFRQGXFWHGௐDVௐSDUWௐRIௐRXUௐSDUWQHUVKLSௐPDUNHWLQJௐSODQௐZLOOௐLQFOXGHௐ OLQNVௐDQGௐUHIHUHQFHVௐWRௐWKHVHௐUHVRXUFHVௐDVௐZHOOௐ:HௐZLOOௐDOVRௐZRUNௐZLWKௐ%HYHUO\ௐ:LOVRQௐWKHௐ 6RXUFHZHOOௐSURJUDPௐ6DOHVௐ0DQDJHUௐIRUௐ86ௐ%DQNௐDQGௐDQௐLQWHUQDOௐOHDGௐJHQHUDWLRQௐWHDPௐWRௐ SURYLGHௐDQௐRXWUHDFKௐFDPSDLJQௐYLDௐSKRQHௐDQGௐHPDLOௐXSRQௐDSSURYDO 86ௐ%DQNௐ9R\DJHUௐDOVRௐFXUUHQWO\ௐSURYLGHVௐFRQWHQWௐWRௐVXSSRUWௐWKHௐSXEOLFௐVHFWRUௐRQௐ KWWSV
XVEDQNFRPFRUSRUDWHDQGFRPPHUFLDOௐEDQNLQJLQGXVWU\H[SHUWLVHSXEOLFVHFWRUKWPO )LQDOO\ௐDVௐDQௐLQGXVWU\ௐOHDGHUௐ86ௐ%DQNௐKDVௐDௐYDULHW\ௐRIௐPDUNHWLQJௐWRROVௐXWLOL]HGௐWRௐKHOSௐXVௐ VHUYHௐRXUௐFOLHQWVௐDQGௐJURZௐRXUௐEXVLQHVVௐ+RZHYHUௐDVௐDௐKLJKO\ௐUHJXODWHGௐSURYLGHUௐWRௐDௐ EURDGௐVSHFWUXPௐRIௐSXEOLFௐVHFWRUௐFOLHQWVௐZHௐDUHௐOLPLWHGௐLQௐKRZௐZHௐFDQௐXVHௐWHFKQRORJ\ௐDQGௐ GLJLWDOௐGDWDௐIRUௐPDUNHWLQJௐSXUSRVHVௐ86ௐ%DQNௐ9R\DJHUௐDOVRௐSDUWLFLSDWHVௐDQGௐSUHVHQWVௐ UHJXODUO\ௐDWௐYDULRXVௐLQGXVWU\ௐFRQIHUHQFHVௐDQGௐWUDGHVKRZVௐVXFKௐDVௐWKHௐ*RYHUQPHQWௐ)OHHWௐ ([SRௐDQGௐ&RQIHUHQFHௐWKHௐ1DWLRQDOௐ&RQIHUHQFHௐRIௐ6WDWHௐ3URJUDPௐ$GPLQLVWUDWRUVௐDQGௐWKHௐ 1$)$ௐ)OHHWௐ0DQDJHPHQWௐ$VVRFLDWLRQ¶VௐDQQXDOௐ,QVWLWXWHௐ ௐ([SRௐ , (

,Qௐ\RXUௐYLHZௐZKDWௐLVௐ6RXUFHZHOO¶VௐUROHௐ
LQௐSURPRWLQJௐDJUHHPHQWVௐDULVLQJௐRXWௐRIௐ
WKLVௐ5)3"ௐ+RZௐZLOOௐ\RXௐLQWHJUDWHௐDௐ
6RXUFHZHOODZDUGHGௐDJUHHPHQWௐLQWRௐ
\RXUௐVDOHVௐSURFHVV"
$Vௐ6RXUFHZHOOௐGRHVௐWRGD\ௐDௐOLQNௐWRௐWKHௐFRRSHUDWLYHௐSXUFKDVLQJௐRSWLRQௐZLOOௐEHௐLQFOXGHGௐLQௐ WKHௐVHUYLFHVௐDQGௐSURJUDPVௐSURYLGHGௐRQௐWKHௐ6RXUFHZHOOௐHOHFWURQLFௐPDUNHWSODFHௐZHEVLWHௐDQGௐ ZLOOௐEHௐSURPRWHGௐE\ௐ\RXUௐFXVWRPHUௐDFFRXQWௐPDQDJHUVௐ,QௐDGGLWLRQௐ86ௐ%DQNௐ9R\DJHUௐ DQWLFLSDWHVௐUHFHLYLQJௐFRQWDFWௐLQIRUPDWLRQௐIRUௐH[LVWLQJௐSDUWLFLSDWLQJௐHQWLWLHVௐDQGௐIRUௐSURVSHFWVௐ RQௐDQௐRQJRLQJௐEDVLVௐ:HௐFDQௐLQFRUSRUDWHௐWKRVHௐFRQWDFWVௐDQGௐOHDGVௐLQௐWKHௐPDUNHWLQJௐ DFWLYLWLHVௐZHௐKDYHௐGHVFULEHGௐWKURXJKRXWௐRXUௐUHVSRQVHௐ)XUWKHUௐZHௐH[SHFWௐWKDWௐ6RXUFHZHOOௐ ZLOOௐFRQWLQXHௐWRௐEHௐDௐUHVRXUFHௐIRUௐ\RXUௐSDUWLFLSDWLQJௐPHPEHUVௐDQGௐSURYLGHௐ\RXUௐSURVSHFWVௐ WKDWௐH[SUHVVௐDQௐLQWHUHVWௐLQௐRXUௐVKDUHGௐSURJUDPௐZLWKௐFRQWDFWௐLQIRUPDWLRQௐIRUௐWKHௐ86ௐ%DQNௐ 9R\DJHUௐ6RXUFHZHOOௐ6DOHVௐ0DQDJHPHQWௐWHDPௐKHDGHGௐE\ௐ%HYHUO\ௐ:LOVRQ

$UHௐ\RXUௐ6ROXWLRQVௐDYDLODEOHௐWKURXJKௐ
DQௐHSURFXUHPHQWௐRUGHULQJௐSURFHVV"ௐ,Iௐ
VRௐGHVFULEHௐ\RXUௐHSURFXUHPHQWௐ
V\VWHPௐDQGௐKRZௐJRYHUQPHQWDOௐDQGௐ
HGXFDWLRQDOௐFXVWRPHUVௐKDYHௐXVHGௐLW
$VௐDௐKLJKO\ௐUHJXODWHGௐILQDQFLDOௐLQVWLWXWLRQௐ86ௐ%DQNௐGRHVௐQRWௐFXUUHQWO\ௐRIIHUௐDQௐHSURFXUHௐ SURFHVVௐIRUௐRQERDUGLQJௐQHZௐFXVWRPHUVௐ$Vௐ6RXUFHZHOOௐGRHVௐWRGD\ௐDௐOLQNௐWRௐWKHௐFRRSHUDWLYHௐ SXUFKDVLQJௐRSWLRQௐZLOOௐEHௐLQFOXGHGௐLQௐWKHௐVHUYLFHVௐDQGௐSURJUDPVௐSURYLGHGௐRQௐWKHௐ6RXUFHZHOOௐ HOHFWURQLFௐPDUNHWSODFHௐZHEVLWHௐDQGௐZLOOௐEHௐSURPRWHGௐE\ௐ\RXUௐFXVWRPHUௐDFFRXQWௐPDQDJHUV 3OHDVHௐUHIHUௐWRௐ4XHVWLRQௐ
ௐDERYHௐIRUௐPRUHௐLQIRUPDWLRQௐUHJDUGLQJௐWKHௐRUGHULQJௐSURFHVV

7DEOH$
9DOXH$GGHG$WWULEXWHV
3RLQWVDSSOLHVWR7DEOH$DQG%

/LQH
,WHP 4XHVWLRQ 5HVSRQVH

Bid Number: RFP 030625 Vendor Name: U.S. Bank National Association

'HVFULEHௐDQ\ௐSURGXFWௐHTXLSPHQWௐ
PDLQWHQDQFHௐRUௐRSHUDWRUௐWUDLQLQJௐ
SURJUDPVௐWKDWௐ\RXௐRIIHUௐWRௐ
6RXUFHZHOOௐSDUWLFLSDWLQJௐHQWLWLHVௐ
,QFOXGHௐGHWDLOVௐVXFKௐDVௐZKHWKHUௐ
WUDLQLQJௐLVௐVWDQGDUGௐRUௐRSWLRQDOௐ
ZKRௐSURYLGHVௐWUDLQLQJௐDQGௐDQ\ௐ
FRVWVௐWKDWௐDSSO\
2XUௐFRPSUHKHQVLYHௐWUDLQLQJௐWRROVௐDQGௐUHVRXUFHVௐDUHௐGHVLJQHGௐWRௐJLYHௐ\RXUௐ)OHHWௐ $GPLQLVWUDWRUVௐWKHௐNQRZOHGJHௐWKH\ௐQHHGௐWRௐHIIHFWLYHO\ௐXVHௐWKHௐ9R\DJHUௐ3ODWIRUP ([SHULHQFHGௐDGXOWOHDUQLQJௐSURIHVVLRQDOVௐZKRௐXQGHUVWDQGௐWKHௐQHHGVௐRIௐRXUௐFOLHQWVௐKDYHௐ GHYHORSHGௐRXUௐWUDLQLQJௐWRROVௐDQGௐUHVRXUFHVௐEDVHGௐRQௐSURYHQௐEHVWSUDFWLFHVௐ7KHௐW\SHVௐRIௐ WUDLQLQJௐUHVRXUFHVௐZHௐRIIHUௐLQFOXGH

ௐ,QWHUDFWLYHௐFRQWHQW
ௐௐ*HWWLQJௐVWDUWHG
ௐ

ௐ,QWURGXFWLRQௐDQGௐ.H\ௐ&RQFHSWV
ௐ

ௐ0\ௐ3URILOH
ௐ

ௐ(QKDQFHௐ6HFXULW\
ௐௐ&UHDWHௐ6FKHGXOHௐDQGௐ6KDUHௐ5HSRUWV
ௐௐ$FFRXQWௐ$XWKRUL]DWLRQௐ/LPLWV
ௐௐ&UHDWHௐDQGௐ0DLQWDLQௐ9HKLFOHV
ௐௐ0DNHௐ2QOLQHௐ3D\PHQWV
ௐௐ7UDQVDFWLRQௐ0DQDJHPHQW
ௐௐ0DLQWHQDQFHௐ6ROXWLRQௐ)OHHWௐ0DQDJHUௐ7DVNV
ௐௐ'DWDௐ$QDO\VLV
ௐௐ6HDUFKௐIRUௐ$FFRXQWVௐDQGௐ2UJDQL]DWLRQV
ௐௐ'LVSXWHௐ7UDQVDFWLRQV
ௐௐ&UHDWHௐDQGௐ0DLQWDLQௐ&DUGV
ௐௐ&UHDWHௐDQGௐ0DLQWDLQௐ'ULYHUV
ௐௐ8VHௐ<RXUௐ9R\DJHUௐ0DVWHUFDUGௐDQGௐ9R\DJHUௐ)OHHWௐ&DUG
ௐௐ0DLQWHQDQFHௐ6ROXWLRQௐ%XVLQHVVௐ5XOHV
:ULWWHQௐGRFXPHQWDWLRQ
0RUHௐWKDQௐWZRௐGR]HQௐVSHFLILFௐVWHSE\VWHSௐLQVWUXFWLRQVௐLQௐFRPSUHKHQVLYHௐXVHUௐJXLGHVௐDQGௐ HDV\WRXVHௐTXLFNௐUHIHUHQFHௐJXLGHVௐWRௐKHOSௐ)OHHWௐ$GPLQLVWUDWRUVௐSHUIRUPௐWKHLUௐMREV /LYHௐLQVWUXFWRUOHGௐYLUWXDOௐWUDLQLQJ
)OHHWௐ$GPLQLVWUDWRUVௐFDQௐUHJLVWHUௐIRUௐDௐOLYHௐYLUWXDOௐRULHQWDWLRQௐYLDௐDௐOLQNௐZLWKLQௐWKHௐZHEEDVHGௐ WUDLQLQJௐZHEVLWHௐ7KHௐFODVVௐUXQVௐIRUௐDSSUR[LPDWHO\ௐ
ௐPLQXWHVௐDQGௐFRYHUVௐ)OHHWௐ$GPLQLVWUDWRUௐ
WDVNVௐLQFOXGLQJௐWKHVHௐWRSLFV

ௐ([SODLQௐKRZௐDFFRXQWVௐDUHௐWLHG

ௐ)LQGௐKLHUDUFKLHVௐWRௐDVVRFLDWH

ௐ)LQGௐDOOௐWDEVௐDQGௐQDYLJDWHௐWKHௐV\VWHP

ௐ9LHZௐDQGௐXSGDWHௐ\RXUௐSURILOH

ௐ6HDUFKௐIRUௐDFFRXQWVௐDQGௐRUJDQL]DWLRQV

ௐ9LHZௐVWDWHPHQWV

ௐ$FFHVVௐ0HVVDJHௐ&HQWHU

ௐ%HௐDZDUHௐRIௐWKHௐPRELOHௐDSSV

ௐ)LQGௐUHVRXUFHV

ௐ([SODLQௐUHSRUWLQJௐLQFOXGLQJௐFUHDWHௐVDYHௐUXQௐDQGௐVFKHGXOHௐUHSRUWV :KLOHௐWKHUHௐDUHௐQRௐFRVWVௐDVVRFLDWHGௐZLWKௐWUDLQLQJௐSOHDVHௐUHIHUௐWRௐ([KLELWௐௐ9R\DJHUௐ )LQDQFLDOௐ3URSRVDOௐIRUௐDௐFRPSOHWHௐOLVWௐRIௐSRWHQWLDOௐIHHVௐUHODWHGௐWRௐWKHௐ86ௐ%DQNௐ)OHHWௐ 3URJUDP

Bid Number: RFP 030625 Vendor Name: U.S. Bank National Association

'HVFULEHௐDQ\ௐWHFKQRORJLFDOௐ
DGYDQFHVௐWKDWௐ\RXUௐSURSRVHGௐ
6ROXWLRQVௐRIIHU
2XUௐLQYHVWPHQWVௐLQௐWHFKQRORJ\ௐDUHௐDVௐIROORZV

ௐ9R\DJHU²7KHௐ9R\DJHUௐSURJUDPௐLVௐGHVLJQHGௐIRUௐIOHHWVௐXWLOL]LQJௐPL[HGௐFODVVௐYHKLFOHVௐ)RUௐ 2YHUௐWKHௐ5RDGௐGULYHUVௐWKHௐ9R\DJHUௐFDUGௐSURYLGHVௐIOH[LELOLW\ௐIRUௐEDFNௐFRXUWௐFRPPHUFLDOௐ GLHVHOௐWUDQVDFWLRQVௐDVௐZHOOௐDVௐIURQWௐFRXUWௐUHWDLOௐWUDQVDFWLRQVௐZKHUHௐ9R\DJHUௐLVௐDFFHSWHG

ௐ9R\DJHUௐ$SSOLFDWLRQௐ3URJUDPௐ,QWHUIDFHௐ
$3,
²3URYLGHVௐYLVLELOLW\ௐLQWRௐ\RXUௐIOHHWௐSURJUDPௐE\ௐ
KHOSLQJௐ\RXௐWRௐEHWWHUௐPDQDJHௐ\RXUௐGULYHUVௐDQGௐYHKLFOHVௐ:LWKௐ86ௐ%DQNௐ9R\DJHUௐ$3,Vௐ\RXௐ FDQௐLQFUHDVHௐ\RXUௐYLVLELOLW\ௐZLWKௐFRQWUROVௐDQGௐDFFHVVௐWRௐUHDOWLPHௐGDWD ௐௐ9R\DJHUௐ7UDQVDFWLRQௐ$3,²)OHHWVௐFDQௐJHWௐUHDOWLPHௐWUDQVDFWLRQௐXSGDWHVௐIURPௐDXWKRUL]DWLRQௐ WRௐSD\PHQWௐIRUௐDOOௐIXHOௐPDLQWHQDQFHௐDQGௐVHUYLFHௐSXUFKDVHVௐ7KLVௐLQIRUPDWLRQௐFDQௐWKHQௐEHௐ LQWHJUDWHGௐZLWKௐRWKHUௐGHWDLOVௐLQFOXGLQJௐWKRVHௐIURPௐWHOHPDWLFVௐDQGௐRWKHUௐIOHHWௐPDQDJHPHQWௐ V\VWHPVௐJLYLQJௐ\RXௐSRZHUIXOௐDQGௐDFWLRQDEOHௐLQVLJKWVௐLQWRௐ\RXUௐIOHHWௐRSHUDWLRQV ௐௐ9R\DJHUௐ$FFRXQWௐ0DQDJHPHQWௐ$3,²$OORZVௐIOHHWVௐWRௐGLUHFWO\ௐPDQDJHௐDFFRXQWVௐLQௐUHDOWLPHௐ LQVWHDGௐRIௐZDLWLQJௐIRUௐGDLO\ௐEDWFKௐILOHVௐWRௐUXQௐRUௐWDNLQJௐWKHௐWLPHௐWRௐFRQWDFWௐFXVWRPHUௐVHUYLFHௐ )OHHWVௐFDQௐLQWHJUDWHௐ$3,ௐLQWRௐ\RXUௐRZQௐV\VWHPௐVXFKௐDVௐ&XVWRPHUௐ5HODWLRQVKLSௐ0DQDJHPHQWௐ

&50
ௐRUௐ)OHHWௐ0DQDJHPHQWௐDSSOLFDWLRQVௐWRௐSHUIRUPௐFDUGௐFUHDWHௐDQGௐHGLWௐFDUGௐFRQWUROVௐ LQFOXGLQJௐFDQFHOOLQJௐDQGௐVXVSHQGLQJௐFDUGVௐLQௐUHDOWLPH

LQFOXGH

ௐௐ3UHGHILQHGௐDQGௐFXVWRPL]DEOHௐGDVKERDUGVௐWKDWௐDOORZௐXVHUVௐWRௐDFFHVVௐLQIRUPDWLRQௐVSHFLILFௐ WRௐWKHLUௐQHHGVௐHDVLO\ௐDQGௐTXLFNO\ௐ7KHௐGDVKERDUGௐSURYLGHVௐTXLFNௐDFFHVVௐWRௐNH\ௐPHWULFVௐVXFKௐ DVௐ9R\DJHUௐVSHQGௐFDUGௐDFWLYLWLHVௐDYHUDJHௐGDLO\ௐSXUFKDVHVௐJHRJUDSKLFௐDFWLYLW\ௐIXHOௐ FRQVXPSWLRQௐDQGௐPHUFKDQWௐLQVLJKWV
ௐௐ'DWDௐILOWHULQJௐGULOOGRZQXSௐFDOFXODWLRQVௐVRUWLQJௐRIௐFRPSOH[ௐGDWDVHWVௐHWF ௐௐ3RZHUIXOௐWRROௐWRௐDFFHVVௐDQGௐDQDO\]HௐODUJHௐFRPSOH[ௐ9R\DJHUௐGDWDௐWRௐUHYHDOௐFRUUHODWLRQVௐ SDWWHUQVௐDQGௐWUHQGV
ௐௐ,QWHUDFWLYHௐDQDO\WLFDOௐWRROVௐIRUௐXVHUVௐWRௐFUHDWHௐWKHLUௐRZQௐDGKRFௐ,QVLJKWVௐDQGௐGDWDௐDQDO\VLV ௐௐ9LVXDOL]DWLRQௐFDSDELOLWLHVௐWRௐDVVLVWௐDGYDQFHGௐDQGௐXQWUDLQHGௐHQGௐXVHUVௐWRௐHDVLO\ௐLGHQWLI\ௐ SDWWHUQVௐDQGௐWUHQGV
ௐௐ2XUௐ'(,ௐ
'LYHUVLW\ௐ(TXLW\ௐDQGௐ,QFOXVLRQ
ௐVSHQGௐDQDO\VLVௐSURYLGHVௐIOHHWVௐZLWKௐLQVLJKWVௐWRௐ
WUDFNௐDQGௐPDQDJHௐWKHLUௐVXSSOLHUௐGLYHUVLW\ௐVSHQGௐ'(,ௐLQVLJKWVௐSURYLGHௐNH\ௐPHWULFVௐWRௐKHOSௐ IOHHWVௐPHHWௐWKHLUௐ(6*ௐ
(QYLURQPHQWDOௐ6RFLDOௐDQGௐFRUSRUDWHௐ*RYHUQDQFH
ௐSURJUDPV
ௐௐ7KHௐ&DUERQௐ)RRWSULQWௐ'DVKERDUGௐZLWKLQௐRXUௐ'DWDௐ$QDO\WLFVௐPRGXOHௐSURYLGHVௐDௐFRQFLVHௐ RYHUYLHZௐRIௐFDUERQௐHPLVVLRQVௐDVVRFLDWHGௐZLWKௐIXHOௐXVDJHௐ,WௐYLVXDOL]HVௐWKHௐHQYLURQPHQWDOௐ LPSDFWௐRIௐYDULRXVௐIXHOௐW\SHVௐKHOSLQJௐVWDNHKROGHUVௐLGHQWLI\ௐRSSRUWXQLWLHVௐIRUௐUHGXFLQJௐFDUERQௐ IRRWSULQWௐDQGௐSURPRWLQJௐVXVWDLQDELOLW\ௐ+RZHYHUௐZHௐGRௐQRWௐSURYLGHௐFHUWLILFDWLRQVௐIRUௐ HQYLURQPHQWDOௐFUHGLWV
,QYHVWLQJௐLQௐWHFKQRORJ\ௐDOVRௐPHDQVௐLQYHVWLQJௐLQௐRXUௐSODWIRUPௐFRUHௐWRௐPDNHௐVXUHௐZHௐSURYLGHௐ WKHௐEHVWௐXVHUௐH[SHULHQFH
ௐFXUUHQWO\ௐZHௐDUHௐUHZULWLQJௐDOOௐQDYLJDWLRQௐSDWKVௐZLWKௐUHVSRQVLYHௐZHEௐ GHVLJQௐIRUPDWWLQJௐWRௐHQVXUHௐWKH\ௐUHQGHUௐSURSHUO\ௐZKHWKHUௐLWௐLVௐXVHGௐRQௐDௐFRPSXWHUௐWDEOHWௐRUௐ PRELOHௐGHYLFH

Bid Number: RFP 030625 Vendor Name: U.S. Bank National Association

'HVFULEHௐDQ\ௐ³JUHHQ´ௐLQLWLDWLYHVௐ
WKDWௐUHODWHௐWRௐ\RXUௐFRPSDQ\ௐRUௐWRௐ
\RXUௐ6ROXWLRQVௐDQGௐLQFOXGHௐDௐOLVWௐ
RIௐWKHௐFHUWLI\LQJௐDJHQF\ௐIRUௐHDFK
86ௐ%DQNௐHPEUDFHVௐRXUௐUHVSRQVLELOLW\ௐWRௐEHௐDௐJRRGௐVWHZDUGௐRIௐRXUௐQDWXUDOௐUHVRXUFHVௐ:Hௐ LPSOHPHQWHGௐDௐFRQWLQXRXVௐLPSURYHPHQWௐDSSURDFKௐWRௐSURWHFWLQJௐRXUௐSODQHWௐZKLFKௐLQFOXGHV

ௐ'HYHORSLQJௐOHVVௐUHVRXUFHLQWHQVLYHௐEXVLQHVVௐSUDFWLFHV

ௐ&UHDWLQJௐRSSRUWXQLWLHVௐIRUௐILQDQFLDOௐSURGXFWVௐDQGௐVHUYLFHVௐWKDWௐLQFRUSRUDWHௐUHGXFHGௐ HFRORJLFDOௐLPSDFW

ௐ,QYHVWLQJௐLQௐHQYLURQPHQWDOO\ௐEHQHILFLDOௐEXVLQHVVௐRSSRUWXQLWLHV

ௐ(QJDJLQJௐDQGௐHGXFDWLQJௐHPSOR\HHVௐDQGௐFXVWRPHUV

ௐ$GRSWLQJௐQHZௐWHFKQRORJLHVௐVXFKௐDVௐUHQHZDEOHௐUHVRXUFHVௐWKDWௐFRQWLQXHௐWRௐUHGXFHௐRXUௐ FDUERQௐIRRWSULQW
,QௐௐZHௐILQDOL]HGௐRXUௐILUVWௐ(QYLURQPHQWDOௐ3ROLF\ௐWRௐHQVXUHௐRXUௐVWDQGDUGVௐDQGௐSUDFWLFHVௐ FRQWULEXWHௐWRௐDௐVXVWDLQDEOHௐHQYLURQPHQWௐ$ௐFRPSDQ\ZLGHௐ(QYLURQPHQWDOௐ:RUNLQJௐ*URXSௐ FRPSULVHGௐRIௐNH\ௐEXVLQHVVௐOLQHௐOHDGHUVௐPHHWVௐUHJXODUO\ௐWRௐHYDOXDWHௐHQYLURQPHQWDOௐLQLWLDWLYHVௐ DQGௐDFWLYLWLHVௐDFURVVௐWKHௐRUJDQL]DWLRQௐ2XUௐHQYLURQPHQWDOௐSURJUDPVௐPDQDJHUௐFRRUGLQDWHVௐRXUௐ GDLO\ௐHQWHUSULVHZLGHௐHIIRUWVௐWRௐHQVXUHௐZHௐDUHௐDQௐHFRORJLFDOO\ௐUHVSRQVLEOHௐFRUSRUDWHௐFLWL]HQௐ DQGௐWRௐUDLVHௐFXVWRPHUV¶ௐDQGௐHPSOR\HHV¶ௐDZDUHQHVVௐRIௐWKHLUௐLPSDFWௐRQௐWKHௐSODQHW $VௐRIௐ\HDUHQGௐ
ௐZHௐKDGௐLQYHVWHGௐPRUHௐWKDQௐௐELOOLRQௐLQௐHQYLURQPHQWDOO\ௐEHQHILFLDOௐ DQGௐSURILWDEOHௐEXVLQHVVௐRSSRUWXQLWLHVௐ7KLVௐFRPHVௐLQௐWKHௐIRUPௐRIௐLQYHVWPHQWVௐLQௐDQGௐORDQVௐWRௐ UHQHZDEOHௐHQHUJ\ௐSURMHFWVௐ/(('ௐFHUWLILHGௐFRQVWUXFWLRQௐHQHUJ\ௐHIILFLHQWௐXSJUDGHVௐLQௐORZ LQFRPHௐKRXVLQJௐSURMHFWVௐDQGௐPDQ\ௐRWKHUௐHIIRUWV
:HௐDSSURDFKௐVXVWDLQDELOLW\ௐE\ௐLQWHJUDWLQJௐJUHHQௐEXVLQHVVௐEHKDYLRUVௐLQWRௐRXUௐGDLO\ௐZRUNௐ SUDFWLFHVௐDVௐZHOOௐDVௐRXUௐSURGXFWVௐDQGௐVHUYLFHVௐ8QOLNHௐVSHFLDOௐSURJUDPVௐWKDWௐWHQGௐWRௐFRPHௐ DQGௐJRௐRXUௐJRDOௐLVௐWRௐZHDYHௐVXVWDLQDELOLW\ௐLQWRௐWKHௐIDEULFௐRIௐRXUௐFXOWXUHௐ:HௐFRQWLQXRXVO\ௐ ZRUNௐWRZDUGௐLPSURYHPHQWௐ7KLVௐLVௐDௐORQJWHUPௐFRPPLWPHQWௐDQGௐFRPSUHKHQVLYHௐVROXWLRQVௐZLOOௐ QRWௐRFFXUௐRYHUQLJKWௐ%HORZௐDUHௐMXVWௐDௐIHZௐRIௐRXUௐPRUHௐUHFHQWௐLQLWLDWLYHV

ௐ6WDUWHGௐXVLQJௐ(1(5*<ௐ67$5ௐ3RUWIROLRௐ0DQDJHUௐWRௐKHOSௐLGHQWLI\ௐDGGLWLRQDOௐHQHUJ\ௐ HIILFLHQF\ௐRSSRUWXQLWLHVௐDWௐRXUௐRZQHGௐDQGௐRSHUDWHGௐIDFLOLWLHVௐWRௐWUDFNௐDQGௐPHDVXUHௐRXUௐ HQYLURQPHQWDOௐLQLWLDWLYHVௐDQGௐWRௐOHYHUDJHௐEHVWௐSUDFWLFHV

ௐ&RQWLQXLQJௐWRௐIROORZௐVXVWDLQDEOHௐSULQFLSOHVௐLQௐWKHௐGHVLJQௐRIௐRXUௐQHZௐIDFLOLWLHVௐZLWKௐSODQVௐWRௐ PDLQWDLQௐWKLVௐIRFXVௐLQௐWKHௐIXWXUH

ௐ/DXQFKHGௐ'HSRVLW3RLQWௐZKLFKௐDOORZVௐFXVWRPHUVௐWRௐGHSRVLWௐFKHFNVௐRQOLQHௐWKHUHE\ௐVDYLQJௐ IXHOௐDQGௐSDSHU

ௐ&UHDWHGௐDQௐH5HFHLSWௐRSWLRQௐIRUௐRXUௐFXVWRPHUVௐKHOSLQJௐUHGXFHௐWKHௐXVHௐRIௐSDSHU

ௐ,QVWDOOHGௐVRODUௐDUUD\VௐDWௐVHYHUDOௐVLWHVௐLQௐ&DOLIRUQLDௐDQGௐ0LVVRXULௐ:HௐFRQWLQXHௐWRௐSXUVXHௐ WKHVHௐW\SHVௐRIௐRSSRUWXQLWLHVௐZKHUHௐIHDVLEOH
)RUௐPRUHௐLQIRUPDWLRQௐSOHDVHௐYLVLWௐXVEDQNFRPFRPPXQLW\HQYLURQPHQWDOVXVWDLQDELOLW\

,GHQWLI\ௐDQ\ௐWKLUGSDUW\ௐLVVXHGௐHFR
ODEHOVௐUDWLQJVௐRUௐFHUWLILFDWLRQVௐWKDWௐ
\RXUௐFRPSDQ\ௐKDVௐUHFHLYHGௐIRUௐWKHௐ
6ROXWLRQVௐLQFOXGHGௐLQௐ\RXUௐ3URSRVDOௐ
UHODWHGௐWRௐHQHUJ\ௐHIILFLHQF\ௐRUௐ
FRQVHUYDWLRQௐOLIHF\FOHௐGHVLJQௐ

FUDGOHWRFUDGOH
ௐRUௐRWKHUௐ
JUHHQVXVWDLQDELOLW\ௐIDFWRUV
86ௐ%DQFRUSௐLVௐDௐPHPEHUௐRIௐVHYHUDOௐLQGXVWU\ௐJURXSVௐVXFKௐDVௐWKHௐ$PHULFDQௐ%DQNHUVௐ $VVRFLDWLRQௐWKHௐ(QYLURQPHQWDOௐ%DQNHUVௐ$VVRFLDWLRQௐDQGௐWKHௐ%DQNௐ3ROLF\ௐ,QVWLWXWHௐ:HௐDUHௐ DOVRௐPHPEHUVௐRIௐVHYHUDOௐ(6*IRFXVHGௐRUJDQL]DWLRQVௐVXFKௐDVௐ%RVWRQௐ&ROOHJHௐ&HQWHUௐIRUௐ &RUSRUDWHௐ&LWL]HQVKLSௐDQGௐ%XVLQHVVௐIRUௐ6RFLDOௐ5HVSRQVLELOLW\ௐ)RUௐDGGLWLRQDOௐLQIRUPDWLRQௐUHIHUௐ WRௐ([KLELWௐௐ86ௐ%DQFRUSௐ&RUSRUDWHௐ5HVSRQVLELOLW\ௐ5HSRUW $Wௐ86ௐ%DQFRUSௐZHௐFDUHௐGHHSO\ௐDERXWௐPHHWLQJௐRXUௐVWDNHKROGHUV¶ௐQHHGVௐSURPRWLQJௐ VXVWDLQDEOHௐEXVLQHVVௐSUDFWLFHVௐDQGௐVXSSRUWLQJௐHFRQRPLFௐJURZWKௐ7RௐIXUWKHUௐWKHVHௐREMHFWLYHVௐ ZHௐVHHNௐWRௐHPEHGௐVWURQJௐPDQDJHPHQWௐRIௐHQYLURQPHQWDOௐVRFLDOௐDQGௐJRYHUQDQFHௐ (6*
ௐ
DVSHFWVௐLQWRௐRXUௐEXVLQHVVௐVWUDWHJ\ௐDQGௐULVNௐPDQDJHPHQWௐHIIRUWVௐZKLOHௐNHHSLQJௐPLQGIXOௐRIௐRXUௐ EURDGHUௐFRUSRUDWHௐUHVSRQVLELOLW\ௐWRௐWKHௐKHDOWKௐDQGௐSURVSHULW\ௐRIௐWKHௐFRPPXQLWLHVௐLQௐZKLFKௐZHௐ GRௐEXVLQHVVௐDQGௐWKRVHௐWRXFKHGௐE\ௐRXUௐSURGXFWVௐDQGௐVHUYLFHVௐ:HௐEHOLHYHௐWKHVHௐREMHFWLYHVௐ DQGௐFRQFHUQVௐDUHௐLQWHJUDOௐWRௐRXUௐORQJWHUPௐVXFFHVVௐ86ௐ%DQFRUSௐKDVௐEHHQௐFRPPLWWHGௐWRௐ WUDQVSDUHQF\ௐLQௐRXUௐHQYLURQPHQWDOௐDFWLYLWLHVௐIRUௐPDQ\ௐ\HDUVௐ:KLOHௐPDQDJLQJௐRXUௐHQYLURQPHQWDOௐ IRRWSULQWௐLVௐQRWௐQHZௐIRUௐ86ௐ%DQFRUSௐZHௐUHFRJQL]HGௐDQௐLQFUHDVHGௐQHHGௐWRௐDGGUHVVௐFOLPDWHௐ FKDQJHௐDQGௐHQKDQFHGௐH[SHFWDWLRQVௐIRUௐWUDQVSDUHQF\ௐDERXWௐWKRVHௐHIIRUWVௐ$VௐDQௐLQLWLDOௐVWHSௐ WRZDUGௐPHHWLQJௐWKRVHௐH[SHFWDWLRQVௐZHௐVKDUHGௐDௐVHULHVௐRIௐFOLPDWHUHODWHGௐJRDOVௐLQௐ1RYHPEHUௐ

ௐ1HWௐ]HURௐJUHHQKRXVHௐJDVௐ
*+*
ௐHPLVVLRQVௐE\ௐ

ௐௐUHQHZDEOHௐHOHFWULFLW\ௐLQௐ86ௐ%DQFRUSௐRSHUDWLRQVௐE\ௐ

ௐ(QYLURQPHQWDOௐILQDQFHௐJRDOௐRIௐௐELOOLRQௐE\ௐ
7RௐHQVXUHௐWKDWௐRXUௐJRDOVௐDOLJQHGௐZLWKௐHPHUJLQJௐEHVWௐSUDFWLFHVௐLQௐௐZHௐFRPPLWWHGௐWRௐ DOLJQLQJௐIXWXUHௐGLVFORVXUHVௐZLWKௐWKHௐ7&)'ௐUHFRPPHQGDWLRQVௐDQGௐMRLQHGௐWKHௐ3DUWQHUVKLSௐIRUௐ &DUERQௐ$FFRXQWLQJௐ)LQDQFLDOVௐ
3&$)
ௐWKHUHE\ௐFRPPLWWLQJௐWRௐPHDVXUHௐDQGௐGLVFORVHௐRXUௐ
ILQDQFHGௐHPLVVLRQVௐXVLQJௐ3&$)ௐVWDQGDUGVௐ)RUௐPRUHௐLQIRUPDWLRQௐYLVLWௐ XVEDQNFRPVXVWDLQDELOLW\ௐWRௐYLHZௐRXUௐ7&)'ௐ&'3ௐDQGௐ&RUSRUDWHௐ5HVSRQVLELOLW\ௐ5HSRUWVௐ 3OHDVHௐUHIHUௐWRௐ([KLELWௐௐ86ௐ%DQFRUSௐ(QYLURQPHQWDOௐDQGௐ6RFLDOௐ5LVNௐ3ROLF\ௐ6WDWHPHQWௐIRUௐ LQIRUPDWLRQௐUHJDUGLQJௐRXUௐFRUSRUDWHௐUHVSRQVLELOLWLHV

:KDWௐXQLTXHௐDWWULEXWHVௐGRHVௐ\RXUௐ
FRPSDQ\ௐ\RXUௐSURGXFWVௐRUௐ\RXUௐ
VHUYLFHVௐRIIHUௐWRௐ6RXUFHZHOOௐ
SDUWLFLSDWLQJௐHQWLWLHV"ௐ:KDWௐPDNHVௐ
\RXUௐSURSRVHGௐVROXWLRQVௐXQLTXHௐLQௐ
\RXUௐLQGXVWU\ௐDVௐLWௐDSSOLHVௐWRௐ
6RXUFHZHOOௐSDUWLFLSDWLQJௐHQWLWLHV"
86ௐ%DQNௐRIIHUVௐWKHௐIOH[LELOLW\ௐDQGௐH[SHUWLVHௐWKDWௐFOLHQWVௐUHTXLUHௐWRௐVDWLVI\ௐFXUUHQWௐIOHHWௐFDUGௐ QHHGVௐDQGௐIXWXUHௐJURZWKௐ:HௐGLVWLQJXLVKௐRXUௐRIIHULQJௐZLWKௐWKHௐDGYDQWDJHVௐWKDWௐKDYHௐIXHOHGௐ RXUௐVXFFHVV
ௐRXUௐLQGXVWU\OHDGLQJௐH[SHUWLVHௐWKHௐXQULYDOOHGௐGHSWKௐDQGௐEUHDGWKௐRIௐRXUௐSURGXFWௐ VHWௐDQGௐLQQRYDWLYHௐWRROVௐWKDWௐKHOSௐ\RXௐDFKLHYHௐ\RXUௐJRDOVௐIDVWHU ([SHUWLVH
:H KDYH ZRUNHG ZLWK RUJDQL]DWLRQV IRU IOHHW FDUGௐSURJUDPV LQ HYHU\ௐPDMRU LQGXVWU\ௐ Bid Number: RFP 030625 Vendor Name: U.S. Bank National Association

QDWLRQZLGH DV ZHOO DV PDQ\ VWDWHV DQG 86 )HGHUDO *RYHUQPHQW GHSDUWPHQWV DQG DJHQFLHV ,QௐZRUNLQJௐZLWKௐ86ௐ%DQNௐ6RXUFHZHOOௐLVௐFKRRVLQJௐDௐSURYLGHUௐZKRௐHPSKDVL]HVௐWRSௐ SHUIRUPDQFHௐLQௐHYHU\ௐDVSHFWௐRIௐ\RXUௐSURJUDPௐ2YHUௐWKHௐODVWௐௐ\HDUVௐZHௐKDYHௐGHYHORSHGௐ DQGௐUHILQHGௐNH\ௐPHWKRGRORJLHVௐIRUௐHQVXULQJௐ\RXUௐVDWLVIDFWLRQௐZLWKௐRXUௐVHUYLFHௐ2XUௐ UHODWLRQVKLSVௐZLWKௐFOLHQWVௐDVௐZHOOௐDVௐWKRVHௐZLWKௐRLOௐFRPSDQLHVௐDQGௐIXHOௐDQGௐPDLQWHQDQFHௐ SURYLGHUVௐKDYHௐVKDSHGௐWKHௐ86ௐ%DQNௐ9R\DJHUௐ)OHHWௐ&DUGௐLQWRௐDௐFRPSUHKHQVLYHௐFRVW HIIHFWLYHௐIOHHWௐSD\PHQWௐVROXWLRQ

ௐ5HODWLRQVKLSௐPDQDJHPHQW²$QFKRULQJௐWKHௐ6RXUFHZHOOௐWHDPௐZLOOௐEHௐWKHௐSURIHVVLRQDOVௐ GHGLFDWHGௐWRௐ\RXUௐSURJUDPௐLQFOXGLQJௐDௐ5HODWLRQVKLSௐ0DQDJHUௐZKRௐIXOILOOVௐDௐVWUDWHJLFௐDQGௐ FRQVXOWDWLYHௐUROHௐDQGௐDௐWHDPௐRIௐ$FFRXQWௐ&RRUGLQDWRUVௐZKRௐDUHௐIRFXVHGௐRQௐGD\WRGD\ௐ FRQFHUQVௐ$GGLWLRQDOௐVHUYLFHௐHOHPHQWVௐLQFOXGHௐDQௐLQKRXVHௐGRPHVWLFௐFXVWRPHUௐVHUYLFHௐFDOOௐ FHQWHUௐDQGௐDQௐDFWLYHO\ௐHQJDJHGௐ9LFHௐ3UHVLGHQW

ௐ3URJUDPௐPDQDJHPHQWௐDSSURDFK²6WUDWHJLFௐDFFRXQWௐPDQDJHPHQWௐLVௐFULWLFDOௐWRௐWKHௐVXFFHVVௐ RIௐRXUௐUHODWLRQVKLSௐ:HௐKDYHௐGHYHORSHGௐDௐPRGHOௐIRUௐH[SHGLHQWௐLPSOHPHQWDWLRQௐRIௐ\RXUௐ SURJUDPௐIROORZHGௐE\ௐSHULRGLFௐDQDO\VLVௐWRௐHQVXUHௐWKDWௐ\RXௐDUHௐPHHWLQJௐ\RXUௐJRDOVௐIRUௐFRVWௐ UHGXFWLRQௐUHYHQXHௐVKDULQJௐDQGௐSURFHVVௐLPSURYHPHQW
3URGXFWௐGHSWKௐDQGௐEUHDGWK
:HௐRIIHUௐDௐFRPELQDWLRQௐWKDWௐWUXO\ௐPDNHVௐXVௐXQLTXH
ௐDௐEURDGHUௐSD\PHQWௐSURGXFWௐVSHFWUXPௐDQGௐ
PRUHௐGLYHUVHௐILQDQFLDOௐVHUYLFHV

ௐ)OHHWௐRIIHULQJV²7KHௐ9R\DJHUௐ9R\DJHUௐDQGௐ9R\DJHUௐ0DVWHUFDUGௐ)OHHWௐ&DUGௐ3URJUDP V
ௐ
ZLOOௐKHOSௐVWUHDPOLQHௐDQGௐHQKDQFHௐ\RXUௐIXHOLQJௐDQGௐPDLQWHQDQFHௐSURFHVVHVௐLQFOXGLQJௐSROLF\ௐ FRPSOLDQFHௐWUDQVDFWLRQௐPRQLWRULQJௐDQGௐPDQDJHPHQWௐDQGௐVHFXULW\ௐ%\ௐUHO\LQJௐRQௐRXUௐDUUD\ௐRIௐ IXHOௐDQGௐPDLQWHQDQFHௐVROXWLRQVௐ\RXௐFDQௐPLQLPL]HௐFRVWVௐDQGௐILQDQFLDOௐULVNௐ6RPHௐRIௐWKHௐ IHDWXUHVௐDYDLODEOHௐLQFOXGH

ௐௐ8QVXUSDVVHGௐ9R\DJHUௐPHUFKDQWௐDFFHSWDQFHௐZLWKௐORFDWLRQVௐLQௐHYHU\ௐ]LSௐFRGHௐDFURVVௐWKHௐ 8QLWHGௐ6WDWHVௐLQFOXGLQJௐUHWDLOௐFDUGORFNௐDQGௐWUXFNௐVWRSௐVLWHVௐIRUௐEDFNFRXUWௐWUDQVDFWLRQV ௐௐௐ9R\DJHUௐ/HYHOௐ,,,ௐIOHHWௐGDWDௐFDSWXUH
ௐௐ6RSKLVWLFDWHGௐSXUFKDVHௐFRQWUROௐDQGௐH[SHQVHௐPRQLWRULQJௐIHDWXUHVௐWKDWௐUHLJQௐLQௐH[FHVVௐ VSHQGLQJௐRQௐIXHOௐDQGௐPDLQWHQDQFHௐWUDQVDFWLRQV
ௐௐ(DFKௐDFFRXQWௐFDQௐEHௐDVVLJQHGௐWRௐLQGLYLGXDOௐGULYHUVௐYHKLFOHVௐRUௐHQWLUHௐRUJDQL]DWLRQV ௐௐ)OH[LEOHௐPDLQWHQDQFHௐSROLF\ௐDVVLJQPHQWVௐZLWKௐZRUNIORZௐIHDWXUHVௐWRௐFRQWUROௐDQGௐVWUHDPOLQHௐ UHSDLUௐRUGHUௐSURFHVVLQJ
ௐௐ)HGHUDOௐDQGௐVWDWHௐWD[ௐH[HPSWLRQௐIRUௐDOOௐJRYHUQPHQWௐHQWLWLHVௐRQௐDOOௐVDOHVௐRIௐ9R\DJHUௐ JDVROLQHௐGLHVHOௐ(ௐNHURVHQHௐDYLDWLRQௐJDVௐDQGௐDYLDWLRQௐJUDGHௐNHURVHQH ௐௐ)OH[LELOLW\ௐRIௐ0DVWHUFDUGௐPHUFKDQWௐDFFHSWDQFHௐZKHUHௐ9R\DJHUௐLVௐQRWௐDYDLODEOH

ௐ9R\DJHUௐ'DWDௐ$QDO\WLFV²2IIHUVௐDFWLRQDEOHௐEXVLQHVVௐLQWHOOLJHQFHௐDQGௐGDWDௐPLQLQJௐWKURXJKௐ DGYDQFHGௐGDWDௐDQDO\WLFDOௐWRROVௐ$ௐXVHUIULHQGO\ௐGDVKERDUGௐSURYLGHVௐTXLFNௐDFFHVVௐWRௐNH\ௐ PHWULFVௐVXFKௐDVௐ9R\DJHUௐVSHQGௐFDUGௐDFWLYLWLHVௐDYHUDJHௐGDLO\ௐSXUFKDVHVௐJHRJUDSKLFௐDFWLYLW\ௐ IXHOௐFRQVXPSWLRQௐDQGௐPHUFKDQWௐLQVLJKWVௐ,WௐRIIHUVௐSRZHUIXOௐDGௐKRFௐDQDO\WLFDOௐFDQௐUHSRUWLQJௐWRROௐ WRௐDFFHVVௐDQGௐDQDO\]HௐODUJHௐFRPSOH[ௐGDWDௐWRௐUHYHDOௐFRUUHODWLRQVௐSDWWHUQVௐDQGௐWUHQGVௐ2XUௐ 'LYHUVLW\ௐ(TXLW\ௐDQGௐ,QFOXVLRQௐ
'(,
ௐSURYLGHVௐIOHHWVௐZLWKௐLQVLJKWVௐWRௐWUDFNௐDQGௐPDQDJHௐWKHLUௐ VXSSOLHUௐGLYHUVLW\ௐVSHQGௐ'(,ௐLQVLJKWVௐSURYLGHௐNH\ௐPHWULFVௐWRௐKHOSௐIOHHWVௐPHHWௐWKHLUௐ HQYLURQPHQWDOௐVRFLDOௐDQGௐFRUSRUDWHௐJRYHUQDQFHௐSURJUDPVௐ0DMRUௐIHDWXUHVௐLQFOXGH

ௐௐ3UHGHILQHGௐDQGௐFXVWRPL]DEOHௐGDVKERDUGVௐWKDWௐDOORZௐXVHUVௐWRௐDFFHVVௐLQIRUPDWLRQௐVSHFLILFௐ WRௐWKHLUௐQHHGVௐHDVLO\ௐDQGௐTXLFNO\ௐ7KHௐGDVKERDUGௐSURYLGHVௐTXLFNௐDFFHVVௐWRௐNH\ௐPHWULFVௐVXFKௐ DVௐ9R\DJHUௐVSHQGௐFDUGௐDFWLYLWLHVௐDYHUDJHௐGDLO\ௐSXUFKDVHVௐJHRJUDSKLFௐDFWLYLW\ௐIXHOௐ FRQVXPSWLRQௐDQGௐPHUFKDQWௐLQVLJKWV
ௐௐ'DWDௐILOWHULQJௐGULOOGRZQXSௐFDOFXODWLRQVௐVRUWLQJௐRIௐFRPSOH[ௐGDWDVHWVௐHWF ௐௐ3RZHUIXOௐWRROௐWRௐDFFHVVௐDQGௐDQDO\]HௐODUJHௐFRPSOH[ௐ9R\DJHUௐGDWDௐWRௐUHYHDOௐFRUUHODWLRQVௐ SDWWHUQVௐDQGௐWUHQGV
ௐௐ,QWHUDFWLYHௐDQDO\WLFDOௐWRROVௐIRUௐXVHUVௐWRௐFUHDWHௐWKHLUௐRZQௐDGKRFௐ,QVLJKWVௐDQGௐGDWDௐDQDO\VLV ௐௐ9LVXDOL]DWLRQௐFDSDELOLWLHVௐWRௐDVVLVWௐDGYDQFHGௐDQGௐXQWUDLQHGௐHQGௐXVHUVௐWRௐHDVLO\ௐLGHQWLI\ௐ SDWWHUQVௐDQGௐWUHQGV
ௐௐ2XUௐ'(,ௐVSHQGௐDQDO\VLVௐSURYLGHVௐIOHHWVௐZLWKௐLQVLJKWVௐWRௐWUDFNௐDQGௐPDQDJHௐWKHLUௐVXSSOLHUௐ GLYHUVLW\ௐVSHQGௐ'(,ௐLQVLJKWVௐSURYLGHௐNH\ௐPHWULFVௐWRௐKHOSௐIOHHWVௐPHHWௐWKHLUௐ(QYLURQPHQWDOௐ 6RFLDOௐDQGௐ&RUSRUDWHௐ*RYHUQDQFHௐ
(6*
ௐSURJUDPV
ௐௐ7KHௐ&DUERQௐ)RRWSULQWௐ'DVKERDUGௐZLWKLQௐRXUௐ'DWDௐ$QDO\WLFVௐPRGXOHௐSURYLGHVௐDௐFRQFLVHௐ RYHUYLHZௐRIௐFDUERQௐHPLVVLRQVௐDVVRFLDWHGௐZLWKௐIXHOௐXVDJHௐ,WௐYLVXDOL]HVௐWKHௐHQYLURQPHQWDOௐ LPSDFWௐRIௐYDULRXVௐIXHOௐW\SHVௐKHOSLQJௐVWDNHKROGHUVௐLGHQWLI\ௐRSSRUWXQLWLHVௐIRUௐUHGXFLQJௐFDUERQௐ IRRWSULQWௐDQGௐSURPRWLQJௐVXVWDLQDELOLW\ௐ+RZHYHUௐZHௐGRௐQRWௐSURYLGHௐFHUWLILFDWLRQVௐIRUௐ HQYLURQPHQWDOௐFUHGLWV

ௐ&RPPHUFLDOௐSD\PHQWௐSURGXFWV²1RௐFRPPHUFLDOௐFDUGௐLVVXHUௐFDQௐRIIHUௐDVௐEURDGௐDௐSURGXFWௐ VHWௐDVௐ86ௐ%DQNௐ:HௐRIIHUௐDௐZLGHௐDUUD\ௐRIௐVROXWLRQVௐIURPௐWUDGLWLRQDOௐFRPPHUFLDOௐFDUGௐ SURGXFWVௐ
HJௐSXUFKDVLQJௐFDUGVௐFRUSRUDWHௐWUDYHOௐFDUGVௐDQGௐRQHௐFDUGV ௐWRௐPRUHௐVSHFLDOL]HGௐ
VROXWLRQVௐ
HJௐ86ௐ%DQNௐ)UHLJKWௐ3D\PHQWௐ86ௐ%DQNௐ0XOWLௐ6HUYLFHௐ$YLDWLRQௐ&DUGௐPDQDJHGௐ VSHQGௐFDUGVௐDQGௐ86ௐ%DQNௐ9LUWXDOௐ3D\
ௐ:HௐKDYHௐWKHௐVROXWLRQVௐWRௐPHHWௐ\RXUௐSD\PHQWௐ
QHHGVௐ2XUௐSURGXFWௐEUHDGWKௐGUDPDWLFDOO\ௐH[SDQGVௐWKHௐGLYHUVLW\ௐRIௐVROXWLRQVௐ6RXUFHZHOOௐZLOOௐEHௐ DEOHௐWRௐXWLOL]HௐEULQJLQJௐLQFUHDVHGௐRSSRUWXQLWLHVௐIRUௐLPSURYHGௐHIILFLHQFLHVௐEHWWHUௐGDWDௐDQGௐ UHGXFHGௐSD\PHQWௐSURFHVVLQJௐH[SHQVHV

ௐ%DQNLQJௐVHUYLFHV²%H\RQGௐFRPPHUFLDOௐSD\PHQWௐSURGXFWVௐ86ௐ%DQNௐLVௐDௐIXOOVHUYLFHௐ FRPPHUFLDOௐEDQNௐGHOLYHULQJௐDௐFRPSUHKHQVLYHௐVXLWHௐRIௐILQDQFLDOௐSURGXFWVௐLQFOXGLQJௐFUHGLWௐ IDFLOLWLHVௐDQGௐSDUWLFLSDWLRQௐFDVKௐFROOHFWLRQௐDQGௐGLVEXUVHPHQWௐVHUYLFHVௐFRUSRUDWHௐWUXVWௐVHUYLFHVௐ ZRUNSODFHௐEDQNLQJௐFREUDQGௐFUHGLWௐFDUGVௐHTXLSPHQWௐOHDVLQJௐDQGௐPRUHௐ0XOWLSOHSURGXFWௐ UHODWLRQVKLSVௐDUHௐFHQWUDOL]HGௐWKURXJKௐRQHௐ5HODWLRQVKLSௐ0DQDJHUௐZKRௐLVௐUHVSRQVLEOHௐIRUௐ LGHQWLI\LQJௐ\RXUௐQHHGVௐDQGௐSUHVHQWLQJௐVROXWLRQVௐZLWKௐWKHௐKHOSௐRIௐSURGXFWௐH[SHUWV Bid Number: RFP 030625 Vendor Name: U.S. Bank National Association

7RROV
$ௐSRZHUIXOௐV\VWHPௐWKDWௐOHYHUDJHVௐWKHௐHIILFLHQF\ௐRIௐIOHHWௐFDUGVௐLVௐFULWLFDOௐWRௐ\RXUௐVXFFHVVௐ7KHௐ 9R\DJHUௐSRUWDOௐRXUௐSURSULHWDU\ௐZHEEDVHGௐV\VWHPௐIRUௐSURJUDPௐPDQDJHPHQWௐDQGௐUHSRUWLQJௐLVௐ WKHௐOHDGLQJௐIOHHWௐPDQDJHPHQWௐV\VWHPௐDYDLODEOHௐLQௐWKHௐPDUNHW

ௐ(DVHௐRIௐXVH²:HௐFRQWLQXRXVO\ௐUHYLHZௐVFUHHQVௐDQGௐSURFHVVHVௐZLWKLQௐWKHௐSRUWDOௐWRௐLPSURYHௐ XVHUௐH[SHULHQFHௐFUHDWHௐHIILFLHQFLHVௐQHZௐIXQFWLRQDOLW\ௐDQGௐGDWDௐLQVLJKWVௐ(QVXULQJௐQDYLJDWLRQௐ LVௐLQWXLWLYHௐDQGௐWKHௐV\VWHPௐLVௐGHVLJQHGௐZLWKௐUHVSRQVLYHௐZHEௐGHVLJQௐIRUPDWWLQJௐWRௐUHQGHUௐ SURSHUO\ௐZKHWKHUௐLWௐLVௐXVHGௐRQௐDௐFRPSXWHUௐWDEOHWௐRUௐPRELOHௐGHYLFHௐ&OLHQWVௐDUHௐFRQVLVWHQWO\ௐ LPSUHVVHGௐE\ௐKRZௐTXLFNO\ௐWKHLUௐXVHUVௐDUHௐRSHUDWLQJௐWKHௐV\VWHP

ௐ&OLHQWௐLQSXW²:HௐIDFWRUௐLQௐFOLHQWௐVXJJHVWLRQVௐXVLQJௐDௐV\VWHPௐZHௐGHVLJQHGௐIRUௐWUDFNLQJௐ LQSXWௐZKLFKௐWKHQௐIHHGVௐLQWRௐRXUௐSURGXFWௐGHYHORSPHQWௐPHWKRGRORJ\ௐ7KHௐUHVXOWௐLVௐQHZௐ IXQFWLRQDOLW\ௐSULRULWL]HGௐE\ௐWKRVHௐHQKDQFHPHQWVௐWKDWௐPDNHௐWKHௐPRVWௐGLIIHUHQFHௐIRUௐRXUௐFOLHQWV

ௐ4XLFNௐWRௐHYROYH²:HௐFUHDWHGௐWKHௐ9R\DJHUௐSRUWDOௐLQKRXVHௐDQGௐDௐGHGLFDWHGௐGHVLJQௐWHDPௐ FRQWLQXHVௐWRௐHQKDQFHௐLWௐWRGD\

ௐ9R\DJHUௐ$3,²3URYLGHVௐYLVLELOLW\ௐLQWRௐ\RXUௐIOHHWௐSURJUDPௐE\ௐKHOSLQJௐ\RXௐWRௐEHWWHUௐPDQDJHௐ \RXUௐGULYHUVௐDQGௐYHKLFOHVௐ:LWKௐ86ௐ%DQNௐ9R\DJHUௐ$3,Vௐ\RXௐFDQௐLQFUHDVHௐ\RXUௐYLVLELOLW\ௐZLWKௐ FRQWUROVௐDQGௐDFFHVVௐWRௐUHDOWLPHௐGDWD
(OHFWULFௐYHKLFOHௐFKDUJLQJௐDFFHSWDQFH
:HௐKDYHௐDGGHGௐ&KDUJH3RLQWௐDQGௐ(9ௐ&RQQHFWௐWRௐWKHௐ9R\DJHUௐ1HWZRUNௐDGGLQJௐWKRXVDQGVௐRIௐ HOHFWULFௐYHKLFOHௐFKDUJLQJௐVWDWLRQVௐDFURVVௐWKHௐ8QLWHGௐ6WDWHVௐ7KHVHௐORFDWLRQVௐEULQJௐHOHFWULFௐ YHKLFOHௐFKDUJLQJௐWRௐPRUHௐSHRSOHௐDQGௐSODFHVௐWKDQௐHYHUௐEHIRUHௐZLWKௐWKHௐODUJHVWௐDQGௐPRVWௐRSHQௐ FKDUJLQJௐQHWZRUNௐLQௐWKHௐZRUOGௐ9R\DJHUௐKDVௐVHYHUDOௐSDUWQHUVௐZKRௐGHVLJQௐEXLOGௐDQGௐVXSSRUWௐ WKHௐWHFKQRORJ\ௐWKDWௐSRZHUVௐDQௐ(9ௐQHWZRUNௐIURPௐFKDUJLQJௐVWDWLRQௐKDUGZDUHௐWRௐHQHUJ\ௐ PDQDJHPHQWௐVRIWZDUHௐWRௐDௐPRELOHௐDSSௐWUDQVIRUPLQJௐWUDQVSRUWDWLRQௐDQGௐHQHUJ\ௐXVHௐE\ௐKHOSLQJௐ PRUHௐSHRSOHௐZKRௐFKRRVHௐWRௐGULYHௐHOHFWULF
7D[ௐH[HPSWௐSURFHVVLQJ
86ௐ%DQNௐ9R\DJHUௐLVௐOHJDOO\ௐDEOHௐWRௐWDNHௐDௐXQLYHUVDOௐSRVLWLRQௐDVௐWKHௐ8OWLPDWHௐ9HQGRUௐRQௐ )HGHUDOௐJDVௐDQGௐGLHVHOௐWD[ௐH[HPSWLRQVௐRQO\
ௐ9R\DJHUௐFDQQRWௐSURFHVVௐDQ\ௐH[HPSWLRQVௐRQௐ
VDOHVௐWD[ௐ7KLVௐPHDQVௐWKDWௐLIௐDௐ9R\DJHUௐHQWLW\FXVWRPHUௐLVௐH[HPSWHGௐIURPௐ)HGHUDOௐJDVௐRUௐ GLHVHOௐ9R\DJHUௐZLOOௐH[HPSWௐWKRVHௐWD[HVௐDXWRPDWLFDOO\ௐDQGௐQHWௐWKHPௐIURPௐ6RXUFHZHOO¶VௐELOOLQJௐ VWDWHPHQWௐZLWKRXWௐDQ\ௐLQYROYHPHQWௐIURPௐWKHௐPHUFKDQW
6LPLODUO\ௐZHௐFDQௐZRUNௐZLWKLQௐVSHFLILFௐVWDWHௐJXLGHOLQHVௐEXWௐ86ௗ%DQNௐ9R\DJHUௐLVௐQRWௐ FRQVLGHUHGௐDQௐ8OWLPDWHௐ9HQGRUௐLQௐHYHU\ௐVWDWHௐ%HFDXVHௐZHௐKROGௐWKLVௐUROHௐLQௐWKHௐVWDWHVௐRIௐ $.ௐ$/ௐ0(ௐ0,ௐ,1ௐ1&ௐ1-ௐ6&ௐDQGௐ71ௐZHௐFDQௐH[HPSWௐVWDWHௐH[FLVHௐWD[HVௐIRUௐWD[H[HPSWௐ HQWLWLHVௐLQௐWKHௐVDPHௐPDQQHUௐWKDWௐZHௐGRௐIRUௐHOLJLEOHௐ)HGHUDOௐ([FLVHௐ7D[ௐH[HPSWLRQVௐGHVFULEHGௐ DERYHௐ,QௐHYHU\ௐRWKHUௐVWDWHௐWKDWௐZDVௐQRWௐOLVWHGௐ86ௐ%DQNௐGRHVௐQRWௐKDYHௐWKHௐUROHௐRIௐDQௐ 8OWLPDWHௐ9HQGRUௐPHDQLQJௐWKHௐUHVSRQVLELOLW\ௐIRUௐWD[ௐH[HPSWLRQௐOLHVௐZLWKௐWKHௐPHUFKDQWௐ$VௐVXFKௐ DQGௐGXHௐWRௐEXVLQHVVௐOLPLWDWLRQVௐ9R\DJHUௐLVௐFRQVWUDLQHGௐWRௐZRUNௐZLWKௐIXHOௐPHUFKDQWVௐZKRௐPD\ௐ RUௐPD\ௐQRWௐYROXQWDULO\ௐDOORZௐIRUௐDௐVWDWHௐH[FLVHௐWD[ௐH[HPSWLRQௐIRUௐWD[H[HPSWௐHQWLWLHVௐDWௐWKHௐ SRLQWௐRIௐVDOHௐ,IௐVRௐ9R\DJHUௐFDQௐDGPLQLVWHUௐWKHௐWD[ௐH[HPSWLRQௐYLDௐWKHௐ9R\DJHUௐ) ௐ
PDLQIUDPHௐDQGௐELOOLQJௐV\VWHPௐEXWௐFDQQRWௐIXQGௐWKHௐH[HPSWLRQௐ9R\DJHUௐFDQௐRQO\ௐDGPLQLVWHUௐ WKHVHௐFDOFXODWLRQVௐIRUௐRXUௐFXVWRPHUVௐLIௐJLYHQௐSHUPLVVLRQௐE\ௐWKHௐPHUFKDQWௐYLDௐDௐZHHNO\ௐ PHUFKDQWௐXSGDWHௐILOHௐSURYLGHGௐE\ௐ6RXUFHZHOOௐ7KHௐPHUFKDQWௐKDVௐWKHௐULJKWௐWRௐSDUWLFLSDWHௐLQௐWKHௐ WD[H[HPSWௐSURJUDPௐRUௐSODFHௐWKHௐUHVSRQVLELOLW\ௐEDFNௐRQௐ6RXUFHZHOO 7KHௐZHHNO\ௐVLWHௐILOHௐFRQWDLQVௐWKHௐIROORZLQJௐLQIRUPDWLRQ ௐSDUWLFLSDQWௐLGHQWLILHUௐFRGHௐPHUFKDQWௐ
QDPHௐPHUFKDQWௐ,'ௐQXPEHUௐPHUFKDQWௐDGGUHVVௐ
ZLWKௐFLW\ௐVWDWHௐDQGௐ=,3
ௐDQGௐPHUFKDQWௐWD[ௐ
LQGLFDWRUVௐ,QGLFDWRUVௐXVHGௐWRௐLGHQWLI\ௐWD[HVௐLQFOXGHௐWKHௐIROORZLQJௐW\SHV ௐVWDWHௐPRWRUௐIXHOௐ
H[FLVHௐVWDWHௐGLHVHOௐVWDWHௐVHFRQGDU\ௐPRWRUௐIXHOௐDQGௐVWDWHௐVDOHVௐWD[ௐ,QFOXGLQJௐDௐ³<´ௐLQௐWKHௐ ILHOGVௐDVVRFLDWHGௐZLWKௐWKHVHௐLQGLFDWRUVௐJLYHVௐ9R\DJHUௐSHUPLVVLRQௐWRௐFDOFXODWHௐWKHௐWD[ௐ H[HPSWLRQௐSHUWDLQLQJௐWRௐWKHௐFXVWRPHUௐXVLQJௐWKDWௐLQGLYLGXDOௐORFDWLRQௐ,IௐWKHௐILHOGௐFRQWDLQVௐ DQௐ³1ௐ9R\DJHUௐZLOOௐSDVVௐWKHௐWUDQVDFWLRQௐWKURXJKௐWKHௐV\VWHPௐZLWKௐWD[ௐLQFOXGHGௐSXWWLQJௐWKHௐ UHVSRQVLELOLW\ௐEDFNௐRQௐ6RXUFHZHOOௐIRUௐREWDLQLQJௐDௐUHIXQG 2XUௐFXVWRPHUVௐDOZD\VௐKDYHௐWKHௐULJKWௐWRௐXVHௐDQRWKHUௐORFDWLRQௐWKDWௐGRHVௐSDUWLFLSDWHௐLQௐWKHௐWD[ H[HPSWௐSURJUDPௐ86ௐ%DQNௐ9R\DJHUௐFDQௐSURYLGHௐVXSSRUWௐE\ௐSURYLGLQJௐH[SODQDWLRQVௐRIௐWKHௐ SURFHVVௐWRௐWKHௐPHUFKDQWௐLIௐWKH\ௐDUHௐFRQIXVHGௐDQGRUௐXSRQௐUHTXHVWௐIRUPௐ6RXUFHZHOOௐ+RZHYHUௐ 86ௐ%DQNௐ9R\DJHUௐZLOOௐQRWௐEHௐUHVSRQVLEOHௐIRUௐFDOOLQJௐPHUFKDQWVௐWKDWௐGRௐQRWௐFXUUHQWO\ௐ SDUWLFLSDWHௐWRௐVROLFLWௐSDUWLFLSDWLRQ
)XUWKHUௐVRPHௐPHUFKDQWVௐZKRௐXVHௐDQௐLQGHSHQGHQWௐSURFHVVRUௐWRௐFRPPXQLFDWHௐWKHLUௐ WUDQVDFWLRQVௐWRௐ9R\DJHUௐZLOOௐQRWௐKDYHௐWKHௐFDSDELOLW\ௐWRௐVXSSRUWௐWKHௐSURFHVVௐGHVFULEHGௐDERYHௐ EHFDXVHௐRIௐUHVWULFWLRQVௐRQௐSDVVLQJௐWKHௐGDWDௐSXWௐLQௐSODFHௐE\ௐWKHௐSURFHVVRUௐ)LQDOO\ௐVRPHௐ SDUWLFLSDQWVௐVLPSO\ௐFKRRVHௐQRWௐWRௐSDUWLFLSDWH
3OHDVHௐDOVRௐQRWHௐWKDWௐ9R\DJHUௐLVௐXQDEOHௐWRௐFKDUJHௐWKHௐWD[H[HPSWௐDPRXQWௐRQFHௐDௐWUDQVDFWLRQௐ KDVௐSRVWHGௐWRௐRXUௐPDLQIUDPHௐ:HௐFDQௐDGMXVWௐWKHௐLQGLFDWRUVௐPRYLQJௐIRUZDUGௐEXWௐRQO\ௐLIௐJLYHQௐ SHUPLVVLRQௐE\ௐWKHௐPHUFKDQW
'LVFRXQWௐVWUDWHJ\

ௐ9R\DJHUௐKDVௐH[WHQVLYHௐH[SHULHQFHௐLQௐLGHQWLI\LQJௐWKHௐORZHVWௐFRVWௐIXHOௐPHUFKDQWVௐSULRUௐWRௐ HYDOXDWLQJௐWKHௐILQDQFLDOௐLPSDFWௐRIௐDௐSUHQHJRWLDWHGௐGLVFRXQWௐDWௐDௐVSHFLILFௐEUDQGௐRUௐORFDWLRQ

9R\DJHUௐSURYLGHV GDLO\ௐIXHO PDQDJHPHQW VXSSRUW LQFOXGLQJௐVHFXULQJௐQDWLRQDO DQG ORFDO IXHO

Bid Number: RFP 030625 Vendor Name: U.S. Bank National Association

GLVFRXQWV WR WKH ODUJHVW HFRPPHUFH FRPSDQ\ LQ WKH ZRUOG

ௐ9R\DJHUௐFDQௐDVVLVWௐGULYHUVௐZLWKௐORFDWLQJௐORZFRVWௐIXHOௐORFDWLRQVௐWRௐUHGXFHௐRYHUDOOௐORFDOௐSULFHௐ YRODWLOLW\

ௐ9R\DJHUௐVDYHVௐGULYHU¶VௐWLPHௐE\ௐSURYLGLQJௐYDULRXVௐPRELOHௐDSSௐILOWHUVௐLQFOXGLQJௐ81/ௐDQGௐ'6/ௐ RSWLRQV

ௐ7KHௐELJௐRLOௐEUDQGVௐ
7LHUௐ
ௐDUHௐW\SLFDOO\ௐௐWRௐௐFHQWVௐKLJKHUௐRQௐDYHUDJHௐSHUௐJDOORQௐVRௐ PRYLQJௐGULYHUVௐWRௐ7LHUௐௐEUDQGVௐFDQௐLPPHGLDWHO\ௐLPSDFWௐRYHUDOOௐIXHOௐH[SHQVHV +RZௐWKHௐGLVFRXQWௐSURJUDPௐZRUNV

ௐ6RXUFHZHOOௐSURYLGHVௐௐGD\VௐRIௐLQLWLDOௐGDWDௐ
EUDQGௐ33*ௐSURGXFWௐJDOORQVௐDGGUHVVௐDQGௐ
SRVWDOௐFRGH
ௐRQௐFXUUHQWௐIXHOLQJௐWUDQVDFWLRQV

ௐ9R\DJHUௐLGHQWLILHVௐWKHௐORZHVWௐFRVWௐIXHOௐPHUFKDQWVௐIRUௐHDFKௐRIௐ6RXUFHZHOO¶VௐUHJLRQVௐRUௐ RSHUDWLQJௐDUHDV

ௐ6RXUFHZHOO¶VௐSUHQHJRWLDWHGௐGLVFRXQWௐVLWHVௐDUHௐWDNHQௐLQWRௐFRQVLGHUDWLRQௐZKHQௐGHWHUPLQLQJௐ WKHௐORZHVWௐFRVWௐIXHOௐORFDWLRQV

ௐ/RZFRVWௐPHUFKDQWVௐDUHௐGLVSOD\HGௐLQௐ9R\DJHU¶VௐPRELOHௐDSSௐIRUௐDOOௐGULYHUV

ௐ$OOௐWUDQVDFWLRQDOௐGDWDௐLVௐGLVSOD\HGௐLQௐYR\DJHUXVEDQNFRPௐIRUௐRQJRLQJௐGDWDௐDQDO\WLFV

ௐ&RQVWDQWௐFROODERUDWLRQௐZLWKௐ6RXUFHZHOO¶VௐIOHHWௐDGPLQLVWUDWRUVௐRQௐEHVWௐSUDFWLFHVௐWRௐUHGXFHௐ IXHOௐFRVWV
Bid Number: RFP 030625 Vendor Name: U.S. Bank National Association

([SODLQௐDQGௐGHPRQVWUDWHௐWKHௐ
FDSDELOLWLHVௐRIௐWRROVௐRIIHUHGௐIRUௐ
IOHHWௐGDWDௐDQDO\WLFVௐLQWHJUDWHGௐ
WHOHPDWLFVௐGDWDILOHௐWUDQVIHUௐDQGௐ
YDOLGDWLRQௐSULYDWHௐVLWHௐIXHOLQJௐ
VROXWLRQVௐIOHHWௐWHFKQRORJ\ௐ
LQWHUIDFHVௐDQGௐDQ\ௐRWKHUௐYDOXHௐ
DGGHGௐRIIHULQJV
9R\DJHUௐ'DWDௐ$QDO\WLFVௐRIIHUVௐUREXVWௐEXVLQHVVௐLQWHOOLJHQFHௐDQDO\WLFVௐDQGௐGDWDௐYLVXDOL]DWLRQௐ WKURXJKௐRXUௐHQKDQFHGௐUHSRUWLQJௐRIIHULQJௐ&RPSUHKHQVLYHௐLQVLJKWௐFDQௐHPSRZHUௐ6RXUFHZHOOௐWRௐ PDNHௐEHWWHUௐEXVLQHVVௐGHFLVLRQVௐWKURXJKௐDFWLRQDEOHௐGDWDௐLQWHOOLJHQFHௐWRௐUHGXFHௐFRVWVௐDQGௐ EHWWHUௐPDQDJHௐH[SHQVHVௐDFKLHYHௐJUHDWHUௐRSHUDWLRQDOௐHIILFLHQFLHVௐLPSURYHௐSXUFKDVLQJௐ GHFLVLRQVௐDQGௐUHGXFHௐULVNVௐRIௐIUDXGௐ'DWDௐ$QDO\WLFVௐXWLOL]HVௐHQKDQFHGௐGDWDௐPLQLQJௐWRௐKHOSௐ \RXௐYLVXDOL]HௐSDWWHUQVௐDQGௐWUHQGVௐWRௐXQUDYHOௐDQRPDOLHVௐDQGௐDVVLVWௐZLWKௐLGHQWLI\LQJௐXQXVXDOௐ VSHQGLQJௐSDWWHUQVௐDQGௐPRQLWRULQJௐWUDQVDFWLRQVௐIRUௐSRWHQWLDOௐPLVXVHௐZDVWHௐDQGௐDEXVH 0DMRUௐIHDWXUHVௐLQFOXGH

ௐ3UHGHILQHGௐDQGௐFXVWRPL]DEOHௐGDVKERDUGVௐWKDWௐDOORZௐXVHUVௐWRௐDFFHVVௐLQIRUPDWLRQௐVSHFLILFௐWRௐ WKHLUௐQHHGVௐHDVLO\ௐDQGௐTXLFNO\ௐ7KHௐGDVKERDUGௐSURYLGHVௐTXLFNௐDFFHVVௐWRௐNH\ௐPHWULFVௐVXFKௐDVௐ 9R\DJHUௐVSHQGௐFDUGௐDFWLYLWLHVௐDYHUDJHௐGDLO\ௐSXUFKDVHVௐJHRJUDSKLFௐDFWLYLW\ௐIXHOௐFRQVXPSWLRQௐ DQGௐPHUFKDQWௐLQVLJKWV

ௐ'DWDௐILOWHULQJௐGULOOGRZQXSௐFDOFXODWLRQVௐVRUWLQJௐRIௐFRPSOH[ௐGDWDVHWVௐHWF

ௐ3RZHUIXOௐWRROௐWRௐDFFHVVௐDQGௐDQDO\]HௐODUJHௐFRPSOH[ௐ9R\DJHUௐGDWDௐWRௐUHYHDOௐFRUUHODWLRQVௐ SDWWHUQVௐDQGௐWUHQGV

ௐ,QWHUDFWLYHௐDQDO\WLFDOௐWRROVௐIRUௐXVHUVௐWRௐFUHDWHௐWKHLUௐRZQௐDGKRFௐ,QVLJKWVௐDQGௐGDWDௐDQDO\VLV

ௐ9LVXDOL]DWLRQௐFDSDELOLWLHVௐWRௐDVVLVWௐDGYDQFHGௐDQGௐXQWUDLQHGௐHQGௐXVHUVௐWRௐHDVLO\ௐLGHQWLI\ௐ SDWWHUQVௐDQGௐWUHQGV

ௐ2XUௐ'(,ௐ
'LYHUVLW\ௐ(TXLW\ௐDQGௐ,QFOXVLRQ
ௐVSHQGௐDQDO\VLVௐSURYLGHVௐIOHHWVௐZLWKௐLQVLJKWVௐWRௐ
WUDFNௐDQGௐPDQDJHௐWKHLUௐVXSSOLHUௐGLYHUVLW\ௐVSHQGௐ'(,ௐLQVLJKWVௐSURYLGHௐNH\ௐPHWULFVௐWRௐKHOSௐ IOHHWVௐPHHWௐWKHLUௐ(6*ௐ
(QYLURQPHQWDOௐ6RFLDOௐDQGௐFRUSRUDWHௐ*RYHUQDQFH
ௐSURJUDPV

ௐ7KHௐ&DUERQௐ)RRWSULQWௐ'DVKERDUGௐZLWKLQௐRXUௐ'DWDௐ$QDO\WLFVௐPRGXOHௐSURYLGHVௐDௐFRQFLVHௐ RYHUYLHZௐRIௐFDUERQௐHPLVVLRQVௐDVVRFLDWHGௐZLWKௐIXHOௐXVDJHௐ,WௐYLVXDOL]HVௐWKHௐHQYLURQPHQWDOௐ LPSDFWௐRIௐYDULRXVௐIXHOௐW\SHVௐKHOSLQJௐVWDNHKROGHUVௐLGHQWLI\ௐRSSRUWXQLWLHVௐIRUௐUHGXFLQJௐFDUERQௐ IRRWSULQWௐDQGௐSURPRWLQJௐVXVWDLQDELOLW\ௐ+RZHYHUௐZHௐGRௐQRWௐSURYLGHௐFHUWLILFDWLRQVௐIRUௐ HQYLURQPHQWDOௐFUHGLWV
7HFKQRORJLFDOௐFRQYHUJHQFH
7RௐEHWWHUௐSUHSDUHௐIRUௐFRQWUROOLQJௐFRVWVௐLQௐDUHDVௐWKDWௐLQFOXGHௐIXHOௐPDLQWHQDQFHௐVDIHW\ௐ UHJXODWLRQௐDQGௐIUDXGௐIOHHWௐFDUGௐSURJUDPVௐDUHௐFUDYLQJௐWKHௐFRPELQDWLRQௐRIௐPXOWLSOHௐWHOHPDWLFVௐ WHFKQRORJLHVௐLQFOXGLQJௐ*36ௐWUDFNLQJௐ2Q%RDUGௐ'LDJQRVWLFVௐ 2%'
ௐDQGௐHOHFWURQLFௐORJJLQJௐ
GHYLFHVௐ
(/'V
ௐ7KHௐௐKLJKZD\ௐELOOௐDORQJௐZLWKௐPDQGDWHVௐDURXQGௐ(09ௐDQGௐ(/'ௐDUHௐ KHDYLO\ௐLQIOXHQFLQJௐWKLVௐWUHQGௐ2QHௐH[DPSOHௐLVௐWKHௐPDQGDWHௐWRௐPRYHௐIURPௐSDSHUௐORJVௐWRௐOHVVௐ HUURUSURQHௐGLJLWDOௐYHUVLRQVௐZKLFKௐLVௐSOD\LQJௐLQWRௐWKHௐPDUNHWௐIRUௐ*36ௐV\VWHPVௐ,QௐUHVSRQVHௐ 9R\DJHUௐLVௐH[HFXWLQJௐLWVௐGDWDVKDULQJௐDQGௐUHODWLRQVKLSௐVWUDWHJ\ௐZLWKௐDௐVFDODEOHௐGDWDௐSRUWDOௐIRUௐ WHOHPDWLFVௐSURYLGHUVௐWRௐXVHௐRXUௐH[LVWLQJௐWUDQVDFWLRQௐGHWDLOௐYLDௐ$3,ௐ%\ௐFRPELQLQJௐWKLVௐUHDOWLPHௐ *36ௐWUDFNLQJௐZLWKௐ9R\DJHUௐ)OHHWௐ&DUGௐWUDQVDFWLRQௐGHWDLOVௐIOHHWVௐJDLQௐDFFHVVௐWRௐDFWLRQDEOHௐ GDWDௐWRௐSRVLWLYHO\ௐLPSDFWௐGULYHUௐEHKDYLRUௐDQGௐUHGXFHௐH[SHQVHV 'DWDௐ)LOHௐ7UDQVPLVVLRQ
:HௐZLOOௐZRUNௐFORVHO\ௐZLWKௐ\RXௐWRௐPHHWௐ\RXUௐUHTXLUHPHQWVௐIRUௐWUDQVDFWLRQௐGDWDௐWUDQVPLVVLRQௐ :HௐKDYHௐVXFFHVVIXOO\ௐLQWHJUDWHGௐRXUௐVROXWLRQVௐZLWKௐDOOௐPDMRUௐIOHHWௐPDQDJHPHQWௐV\VWHPV :HௐZLOOௐGHOLYHUௐWUDQVDFWLRQௐILOHVௐWRௐ\RXUௐ9R\DJHUௐSRUWDOௐVHFXUHௐLQER[ௐRUௐYLDௐVHFXUHௐ)73ௐ,Qௐ DGGLWLRQௐWRௐVWDQGDUGௐ$6&,,ௐRUௐ([FHOௐILOHVௐ\RXௐFDQௐVHWXSௐFXVWRPௐWUDQVDFWLRQௐUHSRUWVௐDQGௐ VFKHGXOHௐGDLO\ௐZHHNO\ௐELPRQWKO\ௐRUௐPRQWKO\ௐILOHௐGHOLYHU\ௐ&XVWRPௐUHSRUWVௐDUHௐDYDLODEOHௐLQௐ 3')ௐ([FHOௐ&69ௐDQGௐ7DEௐ'HOLPLWHGௐIRUPDWV
2QVLWHௐEXONௐIXHOLQJ
&OLHQWVௐZLWKௐEXONௐIXHOௐIDFLOLWLHVௐFDQௐLPSURYHௐFRQWUROௐRIௐWKHLUௐIXHOௐRSHUDWLRQVௐZLWKௐWKHௐ86ௐ%DQNௐ 9R\DJHUௐ6LQFHௐWKHௐ9R\DJHUௐFDUGௐLQFOXGHVௐSULYDWHௐVLWHௐDFFHSWDQFHௐEXONௐIXHOௐWUDQVDFWLRQVௐDUHௐ DXWKRUL]HGௐXVLQJௐWKHௐVDPHௐUREXVWௐFRQWUROVௐDYDLODEOHௐIRUௐUHWDLOௐWUDQVDFWLRQVௐZKLFKௐDOORZVௐIRUௐ FRPELQHGௐUXOHVௐIRUௐDOOௐVSHQGௐYROXPHௐDWௐUHWDLOௐDQGௐSULYDWHௐVLWHVௐ3ULYDWHௐVLWHௐWUDQVDFWLRQVௐZLOOௐ EHௐLQFOXGHGௐLQௐ\RXUௐ9R\DJHUௐWUDQVDFWLRQௐILOH
V
ௐDQGௐLQௐ\RXUௐUHSRUWLQJ
7HFKQRORJ\ௐ,QWHUIDFH

Bid Number: RFP 030625 Vendor Name: U.S. Bank National Association

7DEOH%
9DOXH$GGHG$WWULEXWHV
/LQH
,WHP 4XHVWLRQ &HUWLILFDWLRQ 2IIHUHG &RPPHQW
6HOHFWௐDQ\ௐ:RPHQௐ
RUௐ0LQRULW\ௐ%XVLQHVVௐ
(QWLW\ௐ
:0%(
ௐ6PDOOௐ
%XVLQHVVௐ(QWLW\ௐ

6%(
ௐRUௐYHWHUDQௐ
RZQHGௐEXVLQHVVௐ
FHUWLILFDWLRQVௐWKDWௐ\RXUௐ
FRPSDQ\ௐRUௐKXEௐ
SDUWQHUVௐKDYHௐ
REWDLQHGௐ8SORDGௐ
GRFXPHQWDWLRQௐDQGௐDௐ
OLVWLQJௐRIௐGHDOHUVKLSVௐ
+8%ௐSDUWQHUVௐRUௐUH
VHOOHUVௐLIௐDYDLODEOHௐ
6HOHFWௐDOOௐWKDWௐDSSO\
<HV
1R
1RWௐDSSOLFDEOH

0LQRULW\ௐ%XVLQHVVௐ
(QWHUSULVHௐ
0%(

<HV
1R
1RWௐDSSOLFDEOHௐ86ௐ%DQNௐLVௐQRWௐDௐPLQRULW\ௐEXVLQHVVௐHQWHUSULVH

:RPHQௐ%XVLQHVVௐ
(QWHUSULVHௐ
:%(

<HV
1R
1RWௐDSSOLFDEOHௐ86ௐ%DQNௐLVௐQRWௐDௐ:RPHQௐ%XVLQHVVௐ
(QWHUSULVH

'LVDEOHG2ZQHGௐ
%XVLQHVVௐ(QWHUSULVHௐ

'2%(

<HV
1R
1RWௐDSSOLFDEOHௐ86ௐ%DQNௐLVௐQRWௐDௐ'LVDEOHG2ZQHGௐ%XVLQHVVௐ (QWHUSULVH

9HWHUDQ2ZQHGௐ
%XVLQHVVௐ(QWHUSULVH

9%(

<HV
1R
1RWௐDSSOLFDEOHௐ86ௐ%DQNௐLVௐQRWௐDௐ9HWHUDQ2ZQHGௐ%XVLQHVVௐ (QWHUSULVH

6HUYLFH'LVDEOHGௐ
9HWHUDQ2ZQHGௐ
%XVLQHVV

6'92%

<HV
1R
1RWௐDSSOLFDEOHௐ86ௐ%DQNௐLVௐQRWௐDௐ6HUYLFH'LVDEOHGௐ9HWHUDQ 2ZQHGௐ%XVLQHVV

6PDOOௐ%XVLQHVVௐ
(QWHUSULVHௐ
6%(

<HV
1R
1RWௐDSSOLFDEOHௐ86ௐ%DQNௐLVௐQRWௐDௐ6PDOOௐ%XVLQHVVௐ(QWHUSULVH

6PDOOௐ'LVDGYDQWDJHGௐ
%XVLQHVVௐ
6'%

<HV
1R
1RWௐDSSOLFDEOHௐ86ௐ%DQNௐLVௐQRWௐDௐ6PDOOௐ'LVDGYDQWDJHGௐ %XVLQHVV

:RPHQ2ZQHGௐ6PDOOௐ
%XVLQHVVௐ
:26%

<HV
1R
1RWௐDSSOLFDEOHௐ86ௐ%DQNௐLVௐQRWௐDௐ:RPHQ2ZQHGௐ6PDOOௐ
%XVLQHVV

7DEOH$
3ULFLQJ
3RLQWVDSSOLHVWR7DEOH$DQG%

3URYLGHGHWDLOHGSULFLQJLQIRUPDWLRQLQWKHTXHVWLRQVWKDWIROORZEHORZ /LQH
,WHP 4XHVWLRQ 5HVSRQVH

'HVFULEHௐ\RXUௐSD\PHQWௐWHUPVௐDQGௐDFFHSWHGௐSD\PHQWௐ
PHWKRGV
:HௐRIIHUௐELOOLQJௐF\FOHௐGDWHVௐRQௐDQ\ௐGD\ௐRIௐWKHௐPRQWKௐ3D\PHQWVௐDUHௐ GXHௐZLWKLQௐௐGD\VௐRIௐWKHௐVWDWHPHQWௐGDWH
86ௐ%DQNௐDFFHSWVௐWKHௐIROORZLQJௐIRUPVௐRIௐSD\PHQW

ௐ(OHFWURQLFௐIXQGVௐWUDQVIHUௐ
()7
²:HௐFDQௐDFFHSWௐDௐYDULHW\ௐRIௐ
HOHFWURQLFௐSD\PHQWVௐLQFOXGLQJௐ(',ௐDQGௐ$&+ௐ%\ௐXVLQJௐ$&+ௐIXQGV DQGௐUHPLWWDQFHௐLQIRUPDWLRQௐZLOOௐEHௐURXWHGௐWKURXJKௐ\RXUௐFDVKௐ PDQDJHPHQWௐEDQNௐWRௐ86ௐ%DQNௐDQGௐDSSOLHGௐGLUHFWO\ௐWRௐWKHௐDFFRXQWௐ (OHFWURQLFௐSD\PHQWௐRIIHUVௐWKHௐJUHDWHVWௐSD\PHQWௐHIILFLHQF\ௐIRUௐFHQWUDOௐ SD\PHQWௐWRௐPXOWLSOHௐDFFRXQWV

ௐ&KHFN²:HௐDFFHSWௐWUDGLWLRQDOௐFKHFNௐSD\PHQWV

ௐ2QOLQHௐH3D\²8VHUVௐFDQௐVHWௐXSௐEDQNௐDFFRXQWௐLQIRUPDWLRQௐWRௐSD\ௐ RQOLQHௐWKURXJKௐ$&+ௐ$FFRXQWௐLQIRUPDWLRQௐFDQௐEHௐVDYHGௐIRUௐ UHRFFXUULQJௐPRQWKO\ௐSD\PHQWV

Bid Number: RFP 030625 Vendor Name: U.S. Bank National Association

'HVFULEHௐDQ\ௐOHDVLQJௐRUௐILQDQFLQJௐRSWLRQVௐDYDLODEOHௐIRUௐXVHௐ E\ௐHGXFDWLRQDOௐRUௐJRYHUQPHQWDOௐHQWLWLHV
86ௐ%DQNௐIXHOௐILQDQFHSD\ௐWHUPௐRSWLPL]DWLRQௐHQDEOHVௐQHWௐௐSD\PHQWௐ WRௐWKHௐVXSSOLHUௐIRUௐEXONௐIXHOௐSXUFKDVHVௐZKLOHௐH[WHQGLQJௐWHUPVௐWRௐWKHௐ EX\HUௐIRUௐDௐIHHௐ)RUௐH[DPSOHௐDௐFRPSDQ\ௐWKDWௐEX\VௐRQHௐPLOOLRQௐ JDOORQVௐRIௐEXONௐIXHOௐIURPௐDௐEXONௐIXHOௐVXSSOLHUௐFDQௐXWLOL]HௐSD\ௐWHUPௐ RSWLPL]DWLRQௐWRௐSD\ௐWKHௐEXONௐIXHOௐVXSSOLHUௐLQௐDVௐTXLFNௐDVௐQHWௐௐRIௐ UHFHLSWௐRIௐLQYRLFHௐZKLOHௐWKHௐEXONௐIXHOௐEX\HUௐPD\ௐUHFHLYHௐௐௐRUௐ GD\ௐSD\PHQWௐWHUPVௐYHUVXVௐWKHௐLQGXVWU\ௐVWDQGDUGௐRIௐௐGD\VௐRU OHVVௐWRௐSD\ௐIRUௐWKHௐEXONௐIXHOௐ
0DQDJLQJௐIXHOௐGDWDௐFDQௐEHௐWLPHFRQVXPLQJௐDQGௐUHVRXUFHLQWHQVLYHௐ HVSHFLDOO\ௐZKHQௐ\RXUௐIOHHWௐXVHVௐPXOWLSOHௐIXHOLQJௐPHWKRGVௐ8VLQJௐIOHHWௐ FDUGVௐDWௐUHWDLOௐIXHOLQJௐORFDWLRQVௐJHQHUDWHVௐH[FHOOHQWௐWUDQVDFWLRQௐGDWDௐ EXWௐUHWDLOௐIXHOௐFDQௐEHௐFRVWO\ௐ%XONௐIXHOLQJௐLVௐDQௐHIIHFWLYHௐVROXWLRQௐWKDWௐ LPSURYHVௐIXHOௐHFRQRPLFVௐUHGXFHVௐODERUௐFRVWVௐDQGௐHDVHVௐ DGPLQLVWUDWLYHௐEXUGHQVௐ%\ௐFRPELQLQJௐWKHௐVRSKLVWLFDWLRQௐRIௐ\RXU 9R\DJHUௐ)OHHWௐ&DUGௐZLWKௐEXONௐIXHOLQJௐ\RXௐJDLQௐPRUHௐYLVLELOLW\ௐLQWRௐIXHOௐ WUDQVDFWLRQVௐDQGௐLPSURYHGௐFRQWUROௐRYHUௐFRVWVௐ:HௐPDLQWDLQௐVHYHUDOௐ UHODWLRQVKLSVௐZLWKௐRQVLWHௐEXONௐDQGௐPRELOHௐIXHOLQJௐSURYLGHUVௐZKRௐFDQௐ LQWHJUDWHௐWKHLUௐGDWDௐ
EXONௐIXHOLQJௐGDWD
ௐZLWKௐ86ௐ%DQNௐGDWDௐ
UHWDLOௐ
IXHOLQJௐGDWD
ௐ6RXUFHZHOO¶Vௐ3DUWLFLSDWLQJௐ(QWLWLHVௐZLOOௐUHFHLYHௐRQHௐ FHQWUDOL]HGௐLQYRLFHௐLQௐDGGLWLRQௐWRௐFRPSUHKHQVLYHௐUHSRUWLQJௐ5HSRUWLQJௐ FRXOGௐEHௐIURPௐ86ௐ%DQNௐRUௐWKHௐIXHOLQJௐSURYLGHU
:KDWௐLVௐEXONௐIXHOLQJ"
:KHQௐ\RXௐFKRRVHௐEXONௐIXHOLQJௐYHKLFOHVௐDQGௐHTXLSPHQWௐDUHௐIXHOHGௐLQௐ EDFN\DUGௐVLWHVௐRUௐWHPSRUDU\ௐVLWHVௐVDYLQJௐ\RXUௐGULYHUVௐWLPHௐIURPௐ VRXUFLQJௐDௐUHWDLOௐIXHOLQJௐORFDWLRQ
&RPELQHௐIOHHWௐFDUGௐDQGௐPRELOHௐIXHOLQJௐWUDQVDFWLRQV
%\ௐOHYHUDJLQJௐDௐUHOLDEOHௐEXONௐIXHOLQJௐQHWZRUNௐWRௐUHGXFHௐFRVWVௐZKLOHௐ PDLQWDLQLQJௐDFFHVVௐWRௐWKHௐ9R\DJHUௐUHWDLOௐIXHOLQJௐQHWZRUNௐHYHU\ YHKLFOHௐILOOௐLVௐVHWWOHGௐWKURXJKௐWKHௐVDPHௐ9R\DJHUௐ)OHHWௐ&DUGௐ7KHௐ 9R\DJHUௐSURJUDP
VௐIOHHWௐPDQDJHPHQWௐDQGௐUHSRUWLQJௐWRROVௐKHOSௐ\RX
HDVLO\ௐPDQDJHௐ\RXUௐEXONௐIXHOLQJௐWUDQVDFWLRQVௐDORQJVLGHௐ\RXUௐRWKHUௐ 9R\DJHUௐ)OHHWௐ&DUGௐSXUFKDVHV

'HVFULEHௐDQ\ௐVWDQGDUGௐWUDQVDFWLRQௐGRFXPHQWVௐWKDWௐ\RXௐ SURSRVHௐWRௐXVHௐLQௐFRQQHFWLRQௐZLWKௐDQௐDZDUGHGௐDJUHHPHQWௐ

RUGHUௐIRUPVௐWHUPVௐDQGௐFRQGLWLRQVௐVHUYLFHௐOHYHOௐ
DJUHHPHQWVௐHWF
ௐ8SORDGௐDOOௐWHPSODWHௐDJUHHPHQWVௐRUௐ
WUDQVDFWLRQௐGRFXPHQWVௐZKLFKௐPD\ௐEHௐSURSRVHGௐWRௐ
3DUWLFLSDWLQJௐ(QWLWLHV
7KHௐ86ௐ%DQNௐVDOHVௐWHDPௐZLOOௐSURYLGHௐHDFKௐSDUWLFLSDWLQJௐHQWLW\ௐDௐ 6RXUFHZHOOௐ3DUWLFLSDWLRQௐ(QWLW\ௐ$GGHQGXPௐIRUௐFRPSOHWLRQௐDQGௐDௐ &XVWRPHUௐ,QIRUPDWLRQௐ4XHVWLRQQDLUH
3OHDVHௐUHIHUௐWRௐ([KLELWௐ
ௐ&R%UDQGHGௐ9R\DJHUௐ6RXUFHZHOOௐ
$SSOLFDWLRQௐDQGௐ([KLELWௐௐ&XVWRPHUௐ,QIRUPDWLRQௐ4XHVWLRQQDLUHௐIRUௐ PRUHௐLQIRUPDWLRQ

'Rௐ\RXௐDFFHSWௐWKHௐ3FDUGௐSURFXUHPHQWௐDQGௐSD\PHQWௐ
SURFHVV"ௐ,IௐVRௐLVௐWKHUHௐDQ\ௐDGGLWLRQDOௐFRVWௐWRௐ6RXUFHZHOOௐ SDUWLFLSDWLQJௐHQWLWLHVௐIRUௐXVLQJௐWKLVௐSURFHVV"
86ௐ%DQNௐGRHVௐQRWௐFXUUHQWO\ௐRIIHUௐWKLVௐIHDWXUH

'HVFULEHௐ\RXUௐSULFLQJௐPRGHOௐ
HJௐOLQHLWHPௐGLVFRXQWVௐRUௐ
SURGXFWFDWHJRU\ௐGLVFRXQWV
ௐ3URYLGHௐGHWDLOHGௐSULFLQJௐGDWDௐ

LQFOXGLQJௐVWDQGDUGௐRUௐOLVWௐSULFLQJௐDQGௐWKHௐ6RXUFHZHOOௐ
GLVFRXQWHGௐSULFH
ௐRQௐDOOௐRIௐWKHௐLWHPVௐWKDWௐ\RXௐZDQWௐ
6RXUFHZHOOௐWRௐFRQVLGHUௐDVௐSDUWௐRIௐ\RXUௐ5)3ௐUHVSRQVHௐ,Iௐ DSSOLFDEOHௐSURYLGHௐDௐ6.8ௐIRUௐHDFKௐLWHPௐLQௐ\RXUௐSURSRVDOௐ 8SORDGௐ\RXUௐSULFLQJௐPDWHULDOVௐ
LIௐDSSOLFDEOH
ௐLQௐWKHௐ
GRFXPHQWௐXSORDGௐVHFWLRQௐRIௐ\RXUௐUHVSRQVH
9R\DJHUௐLVௐSOHDVHGௐWRௐSUHVHQWௐ6RXUFHZHOOௐDௐSULFLQJௐPRGHOௐZKLFKௐ LQFOXGHVௐWKHௐIROORZLQJௐLQFHQWLYHௐVKDUHௐFRPSRQHQWV

ௐ6WDWHௐ9ROXPHௐ5HEDWH,QFHQWLYHௐ6KDUH

ௐ1RQVWDWHRWKHUௐHQWLW\ௐ9ROXPHௐ5HEDWH,QFHQWLYHௐ6KDUH

ௐ(QWLW\ௐ3D\PHQWௐ3HUIRUPDQFHௐ,QFHQWLYHௐ6KDUH

ௐ6RXUFHZHOOௐ)HHௐ,QFHQWLYH

ௐ6DPSOHௐFDOFXODWLRQௐLQFOXGHG
3OHDVHௐUHIHUௐWRௐ([KLELWௐௐ9R\DJHUௐ)LQDQFLDOௐ3URSRVDOௐIRUௐRXUௐILOOௐ ILQDQFLDOௐRIIHULQJ

4XDQWLI\ௐWKHௐSULFLQJௐGLVFRXQWௐUHSUHVHQWHGௐE\ௐWKHௐSULFLQJௐ SURSRVDOௐLQௐWKLVௐUHVSRQVHௐ)RUௐH[DPSOHௐLIௐWKHௐSULFLQJௐLQௐ \RXUௐUHVSRQVHௐUHSUHVHQWVௐDௐSHUFHQWDJHௐGLVFRXQWௐIURPௐ
0653ௐRUௐOLVWௐVWDWHௐWKHௐSHUFHQWDJHௐRUௐSHUFHQWDJHௐUDQJH 3OHDVHௐUHIHUௐWRௐ([KLELWௐௐ9R\DJHUௐ)LQDQFLDOௐ3URSRVDOௐIRUௐPRUHௐ LQIRUPDWLRQ

'HVFULEHௐDQ\ௐTXDQWLW\ௐRUௐYROXPHௐGLVFRXQWVௐRUௐUHEDWHௐ SURJUDPVௐWKDWௐ\RXௐRIIHU
3OHDVHௐUHIHUௐWRௐ([KLELWௐௐ9R\DJHUௐ)LQDQFLDOௐ3URSRVDOௐIRUௐDௐGHWDLOHGௐ RXWOLQHௐRIௐWKHௐYROXPHௐGLVFRXQWVௐDQGௐUHEDWHௐSURJUDPV

3URSRVHௐDௐPHWKRGௐRIௐIDFLOLWDWLQJௐ³VRXUFHG´ௐSURGXFWVௐRUௐ UHODWHGௐVHUYLFHVௐZKLFKௐPD\ௐEHௐUHIHUUHGௐWRௐDVௐ³RSHQௐ
PDUNHW´ௐLWHPVௐRUௐQRQFRQWUDFWHGௐLWHPVௐ)RUௐH[DPSOHௐ\RXௐ PD\ௐVXSSO\ௐVXFKௐLWHPVௐ³DWௐFRVW´ௐRUௐ³DWௐFRVWௐSOXVௐDௐ
SHUFHQWDJH´ௐRUௐ\RXௐPD\ௐVXSSO\ௐDௐTXRWHௐIRUௐHDFKௐVXFKௐ
UHTXHVW
3ULYDWHௐVLWHௐWUDQVDFWLRQVௐDUHௐH[FOXGHGௐIURPௐYROXPHௐLQFHQWLYHௐ7KHVHௐ WUDQVDFWLRQVௐLQFXUௐDௐSHUௐWUDQVDFWLRQௐIHHௐJLYHQௐLQௐ([KLELWௐௐ9R\DJHUௐ )LQDQFLDOௐ3URSRVDO

Bid Number: RFP 030625 Vendor Name: U.S. Bank National Association

,GHQWLI\ௐDQ\ௐHOHPHQWௐRIௐWKHௐWRWDOௐFRVWௐRIௐDFTXLVLWLRQௐWKDWௐLV 127ௐLQFOXGHGௐLQௐWKHௐSULFLQJௐVXEPLWWHGௐZLWKௐ\RXUௐUHVSRQVHௐ 7KLVௐLQFOXGHVௐDOOௐDGGLWLRQDOௐFKDUJHVௐDVVRFLDWHGௐZLWKௐDௐ SXUFKDVHௐWKDWௐDUHௐQRWௐGLUHFWO\ௐLGHQWLILHGௐDVௐIUHLJKWௐRUௐ VKLSSLQJௐFKDUJHVௐ)RUௐH[DPSOHௐOLVWௐFRVWVௐIRUௐLWHPVௐOLNHௐSUH GHOLYHU\ௐLQVSHFWLRQௐLQVWDOODWLRQௐVHWௐXSௐPDQGDWRU\ௐWUDLQLQJௐ RUௐLQLWLDOௐLQVSHFWLRQௐ,GHQWLI\ௐDQ\ௐSDUWLHVௐWKDWௐLPSRVHௐVXFKௐ FRVWVௐDQGௐWKHLUௐUHODWLRQVKLSௐWRௐWKHௐ3URSRVHU
1RWௐDSSOLFDEOH

,IௐIUHLJKWௐGHOLYHU\ௐRUௐVKLSSLQJௐLVௐDQௐDGGLWLRQDOௐFRVWௐWRௐWKHௐ 6RXUFHZHOOௐSDUWLFLSDWLQJௐHQWLW\ௐGHVFULEHௐLQௐGHWDLOௐWKHௐ FRPSOHWHௐIUHLJKWௐVKLSSLQJௐDQGௐGHOLYHU\ௐSURJUDP
3DUWLFLSDWLQJௐ(QWLWLHVௐPD\ௐLQFXUௐDQௐH[SHGLWHGௐGHOLYHU\ௐIHHௐ3OHDVHௐ UHIHUௐWRௐ([KLELWௐௐ9R\DJHUௐ)LQDQFLDOௐ3URSRVDOௐIRUௐGHWDLOVௐUHJDUGLQJௐ SRWHQWLDOௐIHHVௐUHODWHGௐWRௐWKHௐ9R\DJHUௐ)OHHWௐ&DUGௐ3URJUDP

6SHFLILFDOO\ௐGHVFULEHௐIUHLJKWௐVKLSSLQJௐDQGௐGHOLYHU\ௐWHUPVௐRUௐ SURJUDPVௐDYDLODEOHௐIRUௐ$ODVNDௐ+DZDLLௐ&DQDGDௐRUௐDQ\ௐ
RIIVKRUHௐGHOLYHU\
:KLOHௐWKHUHௐLVௐQRௐFRVWௐDVVRFLDWHGௐZLWKௐVWDQGDUGௐGHOLYHU\ௐ3DUWLFLSDWLQJௐ (QWLWLHVௐPD\ௐLQFXUௐDQௐH[SHGLWHGௐGHOLYHU\ௐIHHௐVKRXOGௐWKHUHௐEHௐDௐ UHTXHVWௐWRௐKDYHௐFDUGVௐVKLSSHGௐIDVWHUௐWKDQௐWKHௐVWDQGDUGௐGHOLYHU\ PHWKRGVௐ3OHDVHௐUHIHUௐWRௐ([KLELWௐௐ9R\DJHUௐ)LQDQFLDOௐ3URSRVDOௐIRUௐ GHWDLOVௐUHJDUGLQJௐSRWHQWLDOௐIHHVௐUHODWHGௐWRௐWKHௐ9R\DJHUௐ)OHHWௐ&DUGௐ 3URJUDP

'HVFULEHௐDQ\ௐXQLTXHௐGLVWULEXWLRQௐDQGRUௐGHOLYHU\ௐPHWKRGVௐRUௐ RSWLRQVௐRIIHUHGௐLQௐ\RXUௐSURSRVDO
:HௐRIIHUௐDௐFRPSOHWHௐVXLWHௐRIௐVHUYLFHVௐWRௐDFFRPPRGDWHௐGLYHUVHௐIOHHWௐ PDQDJHPHQWௐUHTXLUHPHQWVௐ:LWKௐRXUௐIXOOௐDUUD\ௐRIௐGDWDௐPDQDJHPHQW DQGௐUHSRUWLQJௐWRROVௐFOLHQWVௐGLVFRYHUௐRSSRUWXQLWLHVௐWRௐLPSURYHௐWKHLUௐ IOHHWௐSURJUDPVௐ%H\RQGௐRXUௐVWDQGDUGௐRIIHULQJௐRXUௐFRPSUHKHQVLYH YDOXHDGGHGௐVHUYLFHVௐDOORZௐFOLHQWVௐWRௐVDYHௐIDVWHUௐDQGௐPRUHௐHIIHFWLYHO\ 5RDGVLGHௐDVVLVWDQFHௐSURJUDP
7KURXJKௐRXUௐDOOLDQFHௐZLWKௐWKHௐ1DWLRQDOௐ$XWRௐ&OXEௐGULYHUVௐFDQௐUHFHLYHௐ TXLFNௐFRXUWHRXVௐDQGௐFRVWHIIHFWLYHௐURDGVLGHௐVHUYLFHVௐௐLQFOXGLQJௐ WKHௐIROORZLQJ

ௐ0HFKDQLFDOௐDVVLVWDQFH

ௐ(PHUJHQF\ௐWRZLQJ

ௐ-XPSௐVWDUW

ௐ7LUHௐFKDQJH

ௐ(PHUJHQF\ௐIXHOௐRLOௐDQGௐZDWHUௐGHOLYHU\

ௐ/RFNRXWௐVHUYLFHV
2QVLWHௐEXONௐIXHOLQJ
&OLHQWVௐZLWKௐEXONௐIXHOௐIDFLOLWLHVௐFDQௐLPSURYHௐFRQWUROௐRIௐWKHLUௐIXHOௐ RSHUDWLRQVௐZLWKௐWKHௐ86ௐ%DQNௐ9R\DJHUௐ6LQFHௐWKHௐ9R\DJHUௐFDUGௐ LQFOXGHVௐSULYDWHௐVLWHௐDFFHSWDQFHௐEXONௐIXHOௐWUDQVDFWLRQVௐDUHௐDXWKRUL]HGௐ XVLQJௐWKHௐVDPHௐUREXVWௐFRQWUROVௐDYDLODEOHௐIRUௐUHWDLOௐWUDQVDFWLRQVௐZKLFKௐ DOORZVௐIRUௐFRPELQHGௐUXOHVௐIRUௐDOOௐVSHQGௐYROXPHௐDWௐUHWDLOௐDQGௐSULYDWHௐ VLWHVௐ3ULYDWHௐVLWHௐWUDQVDFWLRQVௐZLOOௐEHௐLQFOXGHGௐLQௐ\RXUௐ9R\DJHUௐ WUDQVDFWLRQௐILOH
V
ௐDQGௐLQௐ\RXUௐUHSRUWLQJ
(OHFWULFௐYHKLFOHௐFKDUJLQJௐDFFHSWDQFH
:HௐKDYHௐDGGHGௐ&KDUJH3RLQWௐDQGௐ(9ௐ&RQQHFWௐWRௐWKHௐ9R\DJHUௐ 1HWZRUNௐDGGLQJௐWKRXVDQGVௐRIௐHOHFWULFௐYHKLFOHௐFKDUJLQJௐVWDWLRQV DFURVVௐWKHௐ8QLWHGௐ6WDWHVௐ7KHVHௐORFDWLRQVௐEULQJௐHOHFWULFௐYHKLFOHௐ FKDUJLQJௐWRௐPRUHௐSHRSOHௐDQGௐSODFHVௐWKDQௐHYHUௐEHIRUHௐZLWKௐWKHௐ ODUJHVWௐDQGௐPRVWௐRSHQௐFKDUJLQJௐQHWZRUNௐLQௐWKHௐZRUOGௐ9R\DJHUௐKDVௐ VHYHUDOௐSDUWQHUVௐZKRௐGHVLJQௐEXLOGௐDQGௐVXSSRUWௐWKHௐWHFKQRORJ\ௐWKDWௐ SRZHUVௐDQௐ(9ௐQHWZRUNௐIURPௐFKDUJLQJௐVWDWLRQௐKDUGZDUHௐWRௐHQHUJ\ௐ PDQDJHPHQWௐVRIWZDUHௐWRௐDௐPRELOHௐDSSௐWUDQVIRUPLQJௐWUDQVSRUWDWLRQௐ DQGௐHQHUJ\ௐXVHௐE\ௐKHOSLQJௐPRUHௐSHRSOHௐZKRௐFKRRVHௐWRௐGULYHௐHOHFWULF (PHUJHQF\ௐUHVSRQVH
7KHௐRQOLQHௐIOHHWௐPDQDJHPHQWௐDQGௐUHSRUWLQJௐWRROVௐSURYLGHௐRQௐGHPDQGௐ UHDOWLPHௐUHSRUWLQJௐWRௐVKRZௐIXHOLQJௐORFDWLRQVௐDYDLODEOHௐLQௐWKHௐHYHQWௐRIௐ DQௐHPHUJHQF\ௐ5HSRUWLQJௐFDQௐEHௐJHQHUDWHGௐRQௐPXOWLSOHௐWLPHௐSHULRGVௐ VKRZLQJௐVSHFLILFௐJHRJUDSKLFௐUHJLRQVௐGHWDLOLQJௐWKHௐPHUFKDQWVௐFXUUHQWO\ௐ SURYLGLQJௐIXHOLQJௐIRUௐ9R\DJHUௐFOLHQWV
7HFKQRORJLFDOௐFRQYHUJHQFH
7RௐEHWWHUௐSUHSDUHௐIRUௐFRQWUROOLQJௐFRVWVௐLQௐDUHDVௐWKDWௐLQFOXGHௐIXHOௐ PDLQWHQDQFHௐVDIHW\ௐUHJXODWLRQௐDQGௐIUDXGௐIOHHWௐFDUGௐSURJUDPVௐDUHௐ FUDYLQJௐWKHௐFRPELQDWLRQௐRIௐPXOWLSOHௐWHOHPDWLFVௐWHFKQRORJLHVௐLQFOXGLQJௐ *36ௐWUDFNLQJௐ2Q%RDUGௐ'LDJQRVWLFVௐ
2%'
ௐDQGௐHOHFWURQLFௐORJJLQJ
GHYLFHVௐ
(/'V
ௐ7KHௐௐKLJKZD\ௐELOOௐDORQJௐZLWKௐPDQGDWHVௐDURXQGௐ
(09ௐDQGௐ(/'ௐDUHௐKHDYLO\ௐLQIOXHQFLQJௐWKLVௐWUHQGௐ2QHௐH[DPSOHௐLVௐWKHௐ PDQGDWHௐWRௐPRYHௐIURPௐSDSHUௐORJVௐWRௐOHVVௐHUURUSURQHௐGLJLWDOௐ YHUVLRQVௐZKLFKௐLVௐSOD\LQJௐLQWRௐWKHௐPDUNHWௐIRUௐ*36ௐV\VWHPVௐ,Qௐ UHVSRQVHௐ9R\DJHUௐLVௐH[HFXWLQJௐLWVௐGDWDVKDULQJௐDQGௐUHODWLRQVKLSௐ VWUDWHJ\ௐZLWKௐDௐVFDODEOHௐGDWDௐSRUWDOௐIRUௐWHOHPDWLFVௐSURYLGHUVௐWRௐXVHௐ RXUௐH[LVWLQJௐWUDQVDFWLRQௐGHWDLOௐYLDௐ$3,ௐ%\ௐFRPELQLQJௐWKLVௐUHDOWLPHௐ *36ௐWUDFNLQJௐZLWKௐ9R\DJHUௐ)OHHWௐ&DUGௐWUDQVDFWLRQௐGHWDLOVௐIOHHWVௐJDLQௐ DFFHVV WR DFWLRQDEOH GDWD WRௐSRVLWLYHO\ௐLPSDFW GULYHU EHKDYLRU DQG Bid Number: RFP 030625 Vendor Name: U.S. Bank National Association

UHGXFH H[SHQVHV
'ULYHUௐVDIHW\ௐWUDLQLQJௐSURJUDP
86ௐ%DQNௐKDVௐIRUPHGௐDௐUHODWLRQVKLSௐZLWKௐ'ULYLQJௐ'\QDPLFVௐDௐKLJKO\ௐ UHVSHFWHGௐFRPSDQ\ௐWKDWௐVSHFLDOL]HVௐLQௐWKHௐILHOGௐRIௐIOHHWௐVDIHW\ௐE\ௐ SURYLGLQJௐGULYHUௐVDIHW\ௐWUDLQLQJௐVHUYLFHVௐWRௐIOHHWௐRSHUDWRUVௐRIௐDOOௐVL]HVௐ 6HUYLFHVௐFRYHUௐDQௐHQWLUHௐUDQJHௐRIௐYHKLFOHௐVL]HVௐLQFOXGLQJௐSDVVHQJHUௐ FDUVௐWUDFWRUௐWUDLOHUVௐDQGௐVSHFLDOW\ௐXSILWWHGௐYHKLFOHV 2QௐDQ\ௐJLYHQௐGD\ௐ'ULYLQJௐ'\QDPLFVௐLVௐLQVWUXFWLQJௐGULYHUVௐRQOLQHௐ FRQGXFWLQJௐPXOWLSOHௐEHKLQGWKHZKHHOௐWUDLQLQJௐSURJUDPVௐSURYLGLQJௐRQH RQRQHௐFRDFKLQJௐDQGௐKHOSLQJௐFRUSRUDWLRQVௐHYDOXDWHௐWKHLUௐIOHHWௐVDIHW\ௐ QHHGVௐ7KHௐ'ULYLQJௐ'\QDPLFVௐIRRWSULQWௐFRYHUVௐWKHௐ8QLWHGௐ6WDWHV &DQDGDௐDQGௐ3XHUWRௐ5LFRௐZLWKௐWKHௐFDSDFLW\ௐWRௐSURYLGHௐWUDLQLQJௐLQௐ ௐ
FRXQWULHVௐWKURXJKௐRXUௐJOREDOௐQHWZRUN
6WUDWHJLFௐDOOLDQFHV
0DQDJLQJௐIOHHWௐH[SHQVHVௐJRHVௐEH\RQGௐWUDFNLQJௐIXHOௐDQGௐPDLQWHQDQFHௐ VSHQGௐ,WௐPHDQVௐ\RXௐQHHGௐWRௐPDQDJHௐWKHௐIOXFWXDWLQJௐSULFHௐRIௐIXHOௐDQGௐ DFFHVVௐWRௐDௐZLGHௐUDQJHௐRIௐHQHUJ\ௐPDQDJHPHQWௐVHUYLFHVௐ:HௐZRUNௐ ZLWKௐWKHௐODUJHVWௐGRZQVWUHDPௐFRPPHUFLDOௐDQGௐLQGXVWULDOௐIXHOௐGLVWULEXWRUVௐ LQௐWKHௐFRXQWU\ௐWRௐSURYLGHௐ6RXUFHZHOOௐVHDPOHVVௐLQWHJUDWLRQௐRIௐIXHOௐ VXSSO\ௐDQGௐORJLVWLFV
2XUௐDOOLDQFHVௐFRYHUௐDௐEURDGௐUDQJHௐRIௐWUDQVSRUWDWLRQௐDQGௐHQHUJ\ௐ IDFLOLWLHVௐIURPௐWUDGLWLRQDOௐSHWUROHXPௐSURGXFWVௐFRPSUHVVHGௐQDWXUDOௐJDVௐ

&1*
ௐUHQHZDEOHௐIXHOVௐDQGௐVSHFLDOW\ௐFKHPLFDOVௐWRௐSRZHUௐDQGௐQDWXUDOௐ JDV
,QௐDGGLWLRQௐWRௐWKHௐDGGLWLRQDOௐVHUYLFHVௐPHQWLRQHGௐDERYHௐ86ௐ%DQNௐ DOVRௐRIIHUVௐIUHLJKWௐSD\PHQWௐRSWLRQVௐRXWOLQHGௐEHORZ

86ௐ%DQNௐ)UHLJKWௐ3D\PHQWௐLVௐDQௐLQWHUQHWEDVHGௐEXVLQHVVWREXVLQHVVௐ

%%
ௐIUHLJKWௐLQYRLFHௐDXGLWௐDQGௐSD\PHQWௐVROXWLRQௐSURYLGLQJௐ FRPSUHKHQVLYHௐLQYRLFHௐSURFHVVௐDXWRPDWLRQௐDQGௐVHWWOHPHQWௐVHUYLFHVௐWRௐ FRPPHUFLDOௐDQGௐJRYHUQPHQWDOௐVKLSSHUVௐDQGௐFDUULHUV
86ௐ%DQNௐ)UHLJKWௐ3D\PHQWௐLQFOXGHV

'DWDௐFRQGLWLRQLQJௐDQGௐYDOLGDWLRQ²6KLSSHUௐVSHFLILFௐGDWDௐUHTXLUHPHQWVௐ PDQDJHGௐZLWKLQௐRXUௐRQOLQHௐELOOLQJௐJXLGHௐDQGௐGLUHFWO\ௐLQWHJUDWHGௐZLWKௐ EXVLQHVVௐUXOHVௐSURYLGHௐVKLSSHUVௐZLWKௐGDWDௐFRQGLWLRQLQJௐFRQWUROVௐIRUௐ FRQQHFWLQJௐFDUULHUௐVXEPLWWHGௐGDWDௐZLWKௐVKLSSHUௐDSSURYHGௐGDWDௐZLWKRXWௐ KDYLQJௐWRௐUHO\ௐRQௐWKHௐFDUULHUௐWRௐPDNHௐVKLSSHUௐVSHFLILFௐV\VWHPௐ FKDQJHVௐ,QௐVLWXDWLRQVௐZKHUHௐWKHௐVKLSSHUௐLVௐXQDEOHௐWRௐGLUHFWO\ௐFRQQHFWௐ FDUULHUௐVXEPLWWHGௐGDWDௐZLWKௐVKLSSHUௐDSSURYHGௐGDWDௐWKHௐELOOLQJௐJXLGHௐ ZLOOௐVWLOOௐYDOLGDWHௐGDWDௐDQGௐLGHQWLI\ௐGDWDௐFRPSOLDQFHௐH[FHSWLRQVௐWKDWௐ UHTXLUHௐWKHௐFDUULHUௐWRௐWDNHௐFRUUHFWLYHௐDFWLRQௐEHIRUHௐWKHௐLQYRLFHௐLVௐ SURFHVVHGௐ:HௐVWULYHௐWRௐHQVXUHௐGDWDௐLQWHJULW\ௐDWௐWKHௐVWDUWௐWRௐGULYHௐ RSWLPDOௐGHFLVLRQௐDXWRPDWLRQௐUHGXFLQJௐWKHௐQHHGௐIRUௐPDQXDOௐH[FHSWLRQௐ PDQDJHPHQWௐDQGௐLPSURYLQJௐEXVLQHVVௐLQWHOOLJHQFHௐUHOLDELOLW\ௐDQGௐ FRQVLVWHQF\
ௐSUHSD\PHQWௐDXGLW²:HௐZLOOௐFRQGXFWௐDௐV\VWHPDWLFௐSUHSD\PHQW LQYRLFHௐDXGLWௐRQௐHYHU\ௐOLQHௐLWHPௐXVLQJௐ\RXUௐELOOLQJௐJXLGHௐFRQWUDFWHGௐ UDWHVௐDQGௐ\RXUௐEXVLQHVVௐUXOHVௐUHODWLYHௐWRௐPRGHௐWHUPVௐDFFHVVRULDOௐ FKDUJHVௐVHUYLFHௐOHYHOVௐUDWHVௐDQGௐDSSURYDOௐSROLFLHVௐ<RXUௐFRPSDQ\ௐ ZLOOௐEHௐDEOHௐWRௐLGHQWLI\ௐYDULRXVௐPHWULFVௐLQௐWKHௐDSSURYDOௐSURFHVVௐ LQFOXGLQJௐDSSURYLQJௐPDQDJHUXVHUௐGDWHௐRIௐDSSURYDOௐDPRXQWௐDSSURYHGௐ DQGௐDQ\ௐLQYRLFHௐHGLWVௐ2XUௐ([FHSWLRQௐ5HVROXWLRQௐWHDPௐZLOOௐFDUU\ௐRXWௐ LQYRLFHௐH[FHSWLRQௐKDQGOLQJௐDOOௐLQௐIXOOௐYLHZௐDQGௐLQௐFROODERUDWLRQௐZLWKௐ 6RXUFHZHOOௐ2XUௐVROXWLRQௐSURYLGHVௐFRPSOHWHௐWUDQVSDUHQF\ௐWKURXJKௐDௐ FRPSUHKHQVLYHௐDXGLWௐWUDLOௐRIௐDQ\ௐDFWLRQௐWDNHQௐDQGௐWKURXJKௐDௐVXSSRUWௐ WHDPௐGHGLFDWHGௐWRௐNHHSLQJௐ\RXௐDEUHDVWௐRIௐFRPSOLDQFHௐDJDLQVWௐ\RXUௐ EXVLQHVVௐUHTXLUHPHQWV
5DWHௐYLVLELOLW\ௐDQGௐFRPSDULVRQV²:HௐRIIHUௐHDV\ௐDFFHVVௐWRௐ\RXUௐ FRQWUDFWHGௐUDWHVௐZLWKௐ0\ௐ5DWHVௐIXQFWLRQDOLW\ௐ<RXௐFDQௐFDOFXODWHௐDQGௐ FRPSDUHௐFRQWUDFWHGௐUDWHVௐZLWKௐ\RXUௐFDUULHUVௐDVௐZHOOௐDVௐUHYLHZௐVLGHௐ E\ௐVLGHௐFRPSDULVRQVௐDWௐDௐODQHௐRUௐUHJLRQDOௐOHYHOௐWRௐPDNHௐEHWWHUௐ URXWLQJௐDQGௐFDUULHUௐVHOHFWLRQௐGHFLVLRQV
,PSURYHGௐFDVKௐIORZ²:HௐRIIHUௐFDUULHUVௐLPPHGLDWHௐSD\PHQWௐRQௐDQௐ DSSURYHGௐLQYRLFHௐWKDWௐZLOOௐORZHUௐFDUULHUௐGD\VௐVDOHVௐRXWVWDQGLQJௐ '62
ௐ
WRௐDVௐOLWWOHௐDVௐWZRௐGD\Vௐ,QௐWXUQௐZHௐZLOOௐH[WHQGௐ\RXUௐFXUUHQWௐSD\PHQWௐ WHUPVௐE\ௐDQௐDYHUDJHௐRIௐௐGD\Vௐ
XSௐWRௐ
ௐGD\V
ௐWKXVௐLPSURYLQJௐ
ZRUNLQJௐFDSLWDO IRU ERWKௐSDUWLHV 2XU ([WHQGHG 7HUPV )LQDQFLQJௐ

Bid Number: RFP 030625 Vendor Name: U.S. Bank National Association

RSWLRQ DOORZV \RX WR H[WHQG \RXU SD\PHQW WR XS WR
GD\V ZLWKRXW
KDYLQJௐWRௐUHQHJRWLDWHௐ\RXUௐFDUULHUௐFRQWUDFWV
&ROODERUDWLRQௐZLWKௐFDUULHUV²2XUௐZHEHQDEOHGௐLQWHUIDFHௐDOORZVௐ 6RXUFHZHOOௐDQGௐ\RXUௐFDUULHUVௐWRௐZRUNௐFROODERUDWLYHO\ௐRQOLQHௐWRௐUHVROYHௐ H[FHSWLRQVௐ7KLVௐIXQFWLRQDOLW\ௐDOORZVௐIRUௐLPSURYHGௐRSHUDWLRQDOௐ HIILFLHQF\ௐLQFUHDVHGௐSURGXFWLYLW\ௐIRUௐ\RXUௐVWDIIௐDQGௐFDUULHUVௐDQGௐIDVWHUௐ DQGௐPRUHௐDFFXUDWHௐSD\PHQWௐWRௐ\RXUௐFDUULHUVௐLPSURYLQJௐ\RXUௐSRVLWLRQௐ DVௐDௐSUHIHUUHGௐVKLSSHU
6HFXUHௐDQGௐWLPHO\ௐFDUULHUௐSD\PHQW²<RXௐZLOOௐKDYHௐFRPSOHWHௐYLVLELOLW\ௐ LQWRௐZKHQௐFDUULHUVௐUHFHLYHௐSD\PHQWௐ$VௐWKHௐILIWKODUJHVWௐKLJKHVWUDWHGௐ DQGௐPRVWWUXVWHGௐFRPPHUFLDOௐEDQNௐLQௐWKHௐ8QLWHGௐ6WDWHVௐZHௐZLOOௐSD\ௐ FDUULHUVௐRQௐWLPHௐHYHU\ௐWLPHௐXVLQJௐVDIHௐDQGௐVHFXUHௐHOHFWURQLFௐ SD\PHQWௐSURFHVVLQJ
&RVWௐDOORFDWLRQ²:HௐZLOOௐSURSHUO\ௐERRNௐDOOௐFRVWVௐE\ௐXWLOL]LQJௐ\RXUௐFKDUWௐ RIௐDFFRXQWVௐDQGௐJHQHUDOௐOHGJHUௐ
*/
ௐDVVLJQPHQWௐUXOHVௐ7KHௐVKLSSHUௐ
FDQௐUHYLHZௐWKHௐDFFRXQWLQJௐFRGHVௐDSSOLHGௐWRௐHDFKௐWUDQVDFWLRQௐSULRUௐWRௐ WKHௐJHQHUDWLRQௐRIௐWKHௐFDOOIRUIXQGVௐVWDWHPHQWௐDQGௐSRVWLQJௐILOHVௐ7KLVௐ PLQLPL]HVௐWKHௐQHHGௐIRUௐGRZQVWUHDPௐFRUUHFWLYHௐMRXUQDOௐHQWULHV (OLPLQDWLRQௐRIௐSDSHU²:HௐRIIHUௐ6RXUFHZHOOௐDௐSDSHUOHVVௐVROXWLRQௐ:Hௐ UHFHLYHௐ
ௐRIௐFDUULHUௐLQYRLFHௐYROXPHௐHOHFWURQLFDOO\ௐYLDௐILOHௐXSORDGௐRUௐ GLUHFWௐZHEௐHQWU\ௐ2XUௐFDUULHUௐVXSSRUWௐWHDPௐZLOOௐDFWLYHO\ௐFRQYHUWௐ\RXUௐ FDUULHUVௐIURPௐDௐSDSHURULHQWHGௐSURFHVVௐWRௐDௐFRPSOHWHO\ௐSDSHUOHVVௐ VROXWLRQௐIRUௐERWKௐLQYRLFHௐVXEPLVVLRQௐDQGௐUHFHLSWௐRIௐSD\PHQW %XVLQHVVௐLQWHOOLJHQFH²,QWHUDFWLYHௐGDVKERDUGVௐDQGௐFXVWRPL]HGௐ YLVXDOL]DWLRQVௐDOORZௐ\RXௐWRௐVHHௐSHUIRUPDQFHௐKLJKOLJKWVௐDVௐZHOOௐDVௐVSRWௐ WUHQGVௐDQGௐLGHQWLI\ௐRSSRUWXQLWLHVௐWRௐWDNHௐFRUUHFWLYHௐDFWLRQௐDQGௐGULYHௐ EXVLQHVVௐHIILFLHQF\
%HQFKPDUNLQJ²)RUௐFXVWRPHUVௐZKRௐZDQWௐDGGHGௐLQVLJKWௐIURPௐWKHLUௐ GDWDௐZHௐFDQௐEHQFKPDUNௐ\RXUௐSURJUDPௐDJDLQVWௐWKHௐPDUNHWSODFHௐ LQGXVWU\ௐDQGௐSHHUV
&XVWRPௐ'DWDௐ6ROXWLRQV²:HௐRIIHUௐFRQVXOWDWLYHௐHQJDJHPHQWVௐZLWKௐRXUௐ 'DWDௐ6ROXWLRQVௐWHDPௐWRௐKHOSௐ\RXௐPDNHௐWKHௐEHVWௐXVHௐRIௐ\RXUௐGDWDௐIRUௐ LPSURYHGௐGHFLVLRQௐPDNLQJௐDFURVVௐ\RXUௐVXSSO\ௐFKDLQ
86ௐ%DQNௐ)UHLJKWௐ3D\PHQWௐDOORZVௐWUDGLQJௐSDUWQHUVௐWRௐFRPSOHWHO\ DXWRPDWHௐLQYRLFHௐGHOLYHU\UHFHLSWௐSUHSD\PHQWௐDXGLWௐDQGௐUHFRQFLOLDWLRQௐ H[SHQVHௐDFFRXQWLQJௐDSSURYDOௐVHWWOHPHQWௐDQGௐUHPLWWDQFHௐSURFHVVHVௐ IRUௐH[FHSWLRQDOௐHIILFLHQF\ௐFRQWUROௐDQGௐFRVWௐVDYLQJV
$WௐDௐKLJKௐOHYHOௐ86ௐ%DQNௐ)UHLJKWௐ3D\PHQWௐSURYLGHVௐWKHௐIROORZLQJௐ VHUYLFHVௐIRUௐDOOௐPRGHVௐRIௐWUDQVSRUWDWLRQ

ௐ'DWDௐFRQGLWLRQLQJௐDQGௐYDOLGDWLRQ

ௐ%XVLQHVVௐLQWHOOLJHQFHௐZLWKௐGDVKERDUGV

ௐ*/ௐFRGLQJௐDQGௐFRVWௐFHQWHUௐDOORFDWLRQ

ௐ,QYRLFHௐSURFHVVLQJ

ௐ([FHSWLRQௐUHVROXWLRQ

ௐ3HHUௐEHQFKPDUNLQJ

ௐ$XGLWLQJ

ௐ3D\PHQW

ௐ5DWLQJ

ௐ6PDOOௐ3DUFHOௐVROXWLRQV

ௐ:RUNLQJௐFDSLWDOௐDQGௐFDVKௐRSWLPL]DWLRQ
2XUௐYLVLRQௐLVௐWRௐKHOSௐ6RXUFHZHOOௐFUHDWHௐWKHௐPRVWௐHIILFLHQWௐFRVW HIIHFWLYHௐDQGௐVHFXUHௐIUHLJKWௐSD\PHQWௐVROXWLRQௐSRVVLEOHௐWKDWௐZLOOௐ LPPHGLDWHO\ௐLPSURYHௐ\RXUௐZRUNLQJௐFDSLWDOௐDQGௐEDFNRIILFHௐHIILFLHQF\ௐ LPSURYHௐUHODWLRQVௐZLWKௐ\RXUௐFDUULHUVௐLQFUHDVHௐYLVLELOLW\ௐDQGௐILQDQFLDOௐ FRQWUROௐVLJQLILFDQWO\ௐUHGXFHௐFRVWVௐDQGௐGHOLYHUௐDFWLRQDEOHௐEXVLQHVVௐ LQWHOOLJHQFHௐRQௐZKLFKௐLPSURYHGௐILQDQFLDOௐVXSSO\ௐFKDLQௐPDQDJHPHQWௐ GHFLVLRQPDNLQJௐZLOOௐEHௐEDVHG
3OHDVHௐQRWHௐDGGLWLRQDOௐSULFLQJௐPD\ௐEHௐUHTXLUHGௐ6KRXOGௐ6RXUFHZHOOௐRUௐ 6RXUFHZHOO¶Vௐ3DUWLFLSDWLQJௐ(QWLWLHVௐOLNHௐDGGLWLRQDOௐLQIRUPDWLRQௐUHJDUGLQJௐ WKHௐ86ௐ%DQNௐ)UHLJKWௐ3D\PHQWௐRIIHULQJௐLQFOXGLQJௐSULFLQJௐSOHDVHௐ FRQWDFWௐ\RXUௐ5HODWLRQVKLSௐ0DQDJHUௐ0DUNௐ+HVV
Bid Number: RFP 030625 Vendor Name: U.S. Bank National Association

6SHFLILFDOO\ௐGHVFULEHௐDQ\ௐVHOIDXGLWௐSURFHVVௐRUௐSURJUDPௐWKDWௐ \RXௐSODQௐWRௐHPSOR\ௐWRௐYHULI\ௐFRPSOLDQFHௐZLWKௐ\RXUௐ
SURSRVHGௐDJUHHPHQWௐZLWKௐ6RXUFHZHOOௐ7KLVௐSURFHVVௐLQFOXGHVௐ HQVXULQJௐWKDWௐ6RXUFHZHOOௐSDUWLFLSDWLQJௐHQWLWLHVௐREWDLQௐWKHௐ SURSHUௐSULFLQJ
&RPSOLDQFHௐLVௐYHULILHGௐE\ௐ86ௐ%DQNௐULVNௐDQGௐFRPSOLDQFHௐWHDPVௐDQGௐ DௐYLJRURXVௐPDQDJHPHQWௐRYHUVLJKWௐSURJUDPௐ$VௐDௐIHGHUDOO\ௐFKDUWHUHGௐ ILQDQFLDOௐLQVWLWXWLRQௐ86ௐ%DQNௐXQGHUJRHVௐULJRURXVௐLQWHUQDOௐDQGௐ H[WHUQDOௐDXGLWௐRIIௐDOOௐILQDQFLDOௐWUDQVDFWLRQVௐ<RXUௐ9R\DJHUௐ5HODWLRQVKLSௐ 0DQDJHUௐLVௐDFWLYHO\ௐLQYROYHGௐLQௐUHSRUWLQJௐTXDUWHUO\ௐDQGௐDQQXDOௐUHEDWHௐ LQIRUPDWLRQௐWRௐ6RXUFHZHOOௐDQGௐLWVௐSDUWLFLSDWLQJௐRUJDQL]DWLRQVௐ$IWHUௐ HDFKௐUHEDWHௐKDVௐEHHQௐFDOFXODWHGௐE\ௐ86ௐ%DQNௐLWௐLVௐWKHௐ5HODWLRQVKLSௐ 0DQDJHU¶VௐUHVSRQVLELOLW\ௐWRௐSURYLGHௐWKHௐUHTXLUHGௐUHSRUWLQJௐLQௐWKHௐ IRUPDWௐUHTXHVWHGௐE\ௐHDFKௐFXVWRPHUௐ7KHௐ5HODWLRQVKLSௐ0DQDJHUௐFDQ SURYLGHௐYDULRXVௐFXVWRPௐUHSRUWVௐXSRQௐUHTXHVWௐWKDWௐLQFOXGHௐWKHௐDFFRXQWௐ DQGௐKLHUDUFK\ௐOHYHOVௐIRUௐHDFKௐRUJDQL]DWLRQௐDQGௐDFFRXQW

,Iௐ\RXௐDUHௐDZDUGHGௐDQௐDJUHHPHQWௐSURYLGHௐDௐIHZௐH[DPSOHVௐ RIௐLQWHUQDOௐPHWULFVௐWKDWௐZLOOௐEHௐWUDFNHGௐWRௐPHDVXUHௐZKHWKHUௐ \RXௐDUHௐKDYLQJௐVXFFHVVௐZLWKௐWKHௐDJUHHPHQW
$VௐDQௐLQFXPEHQWௐ9HQGRUௐWRௐ6RXUFHZHOOௐZH¶YHௐSURYLGHGௐFRPSOHWHௐVHWௐ RIௐDFFRXQWௐUHYLHZௐWRROVௐZLWKௐDQௐDVVHVVPHQWௐRIௐSURJUDPௐSHUIRUPDQFHௐ DQGௐDUHDVௐIRUௐRSWLPL]DWLRQௐ'XULQJௐDQQXDOௐDFFRXQWௐUHYLHZVௐ\RXU 5HODWLRQVKLSௐ0DQDJHUௐZLOOௐGLVFXVVௐSURJUDPௐSHUIRUPDQFHௐSURYLGHௐ EHQFKPDUNLQJௐVWDWLVWLFVௐIRUௐHYDOXDWLRQௐRIௐ\RXUௐSURJUDPௐDQGௐSURYLGHௐ FRQVXOWDWLRQௐUHJDUGLQJௐRSSRUWXQLWLHVௐWRௐLPSURYHௐWKHௐSURJUDP :HௐZLOOௐFRQWLQXHௐDGGUHVVௐWKHௐHQWLUHௐIOHHWௐVXSSO\ௐFKDLQௐE\ௐSURYLGLQJௐ RQJRLQJௐFRQVXOWDWLRQௐDQGௐFROODERUDWLRQௐZLWKௐ6RXUFHZHOOௐDQGௐ 6RXUFHZHOO¶Vௐ3DUWLFLSDWLQJௐ(QWLWLHVௐWRௐKHOSௐLGHQWLI\ௐFRVWௐVDYLQJௐ LQLWLDWLYHVௐGLVFRXQWௐRSSRUWXQLWLHVௐDQGௐGLYHUVHௐWUDQVDFWLRQௐFRQVROLGDWLRQௐ $FFRXQWௐUHYLHZVௐFDQௐLPSURYHௐIOHHWௐPDQDJHPHQWௐLQௐWKHௐIROORZLQJௐDUHDV

ௐ$FFRXQWLQJ

ௐ6HWWOHPHQW

ௐ'DWDௐH[FKDQJH

ௐ7UDQVDFWLRQௐLQWHJUDWLRQ

ௐ&RPSOLDQFH

ௐ'LVFRXQWௐPHUFKDQWௐQHWZRUNV

ௐ$YLDWLRQௐIXHOV

ௐ0DLQWHQDQFHௐDQGௐSDUWVௐVHUYLFHV

ௐ%XONௐIXHOLQJௐDQGௐZHWKRVLQJ

ௐ$GGLWLRQDOௐ86ௐ%DQNௐSD\PHQWௐVROXWLRQV
5HSRUWLQJ
&RPSUHKHQVLYHௐUHSRUWLQJௐFRQWULEXWHVௐWRௐHIIHFWLYHௐSURJUDPௐ PDQDJHPHQWௐDQGௐFRVWௐVDYLQJVௐ:LWKௐRXUௐLQGXVWU\OHDGLQJௐ9R\DJHUௐ SRUWDOௐUHSRUWLQJௐWRROVௐ3DUWLFLSDWLQJௐ(QWLWLHVௐFDQௐWUDQVIRUPௐUDZௐ WUDQVDFWLRQௐGDWDௐLQWRௐEXVLQHVVௐLQWHOOLJHQFHௐIRUௐFRPSOLDQFHௐ PDQDJHPHQWௐFRVWௐUHGXFWLRQௐHIIRUWVௐDQGௐVWUDWHJLFௐSODQQLQJௐ 3DUWLFLSDWLQJௐ(QWLWLHVௐFDQௐH[SRUWௐUHSRUWVௐLQௐFRQYHQLHQWௐILOHௐIRUPDWVௐ LQFOXGLQJௐ([FHOௐ+70/ௐ3')ௐ&69ௐDQGௐWDEGHOLPLWHGௐWH[WௐILOHV 5HSRUWௐFDWHJRULHVௐLQFOXGHௐLQYHQWRU\ௐWUDQVDFWLRQௐPDQDJHPHQWௐ H[FHSWLRQௐUHDOWLPHௐDFWLYLW\ௐSXUFKDVHௐDOHUWVௐXVHUௐDFWLYLW\ௐDQGௐELOOLQJௐ 5HSRUWVௐFDQௐEHௐPRGLILHGௐDGGLQJௐILHOGVௐDQGௐPRGLI\LQJௐVRUWௐRSWLRQVௐ 7\SLFDOO\ௐXVHUVௐVWDUWௐZLWKௐRQHௐRIௐRXUௐVWDQGDUGௐUHSRUWVௐDQGௐPRGLI\ௐLWௐ VDYLQJௐLWௐDVௐDௐQDPHௐWKH\ௐZLVKௐWRௐXVHௐ2QFHௐVDYHGௐDௐUHSRUWௐFDQௐEHௐ UXQௐDWௐDQ\ௐWLPHௐ8VHUVௐFDQௐDOVRௐFUHDWHௐFXVWRPL]HGௐUHSRUWVௐE\ௐXVLQJௐ DGௐKRFௐUHSRUWLQJௐWRROVௐWKDWௐDOORZௐWKHௐXVHUௐWRௐFRQWUROௐZKDWௐLQIRUPDWLRQௐ JRHVௐLQWRௐDௐUHSRUWௐDQGௐKRZௐWKHௐV\VWHPௐVRUWVௐWKHௐLQIRUPDWLRQ $Q\ௐDGௐKRFௐTXHU\ௐUHSRUWVௐFDQௐDOVRௐEHௐVFKHGXOHGௐ7KHௐSDUDPHWHUVௐ LQFOXGHௐDௐVWDUWௐDQGௐHQGௐGDWHௐZLWKௐGDLO\ ௐZHHNO\ ௐPRQWKO\ௐDQGௐTXDU LQFOXGHௐDௐVWDUWௐDQGௐHQGௐGDWHௐZLWKௐGDLO\ௐZHHNO\ௐPRQWKO\ௐDQGௐTXDUWHUO\ௐ IUHTXHQF\ௐVHWWLQJVௐDQGௐUHSRUWௐIRUPDWVௐLQௐ([FHOௐ3')ௐ&69ௐDQGௐWDE GHOLPLWHGௐZLWKௐHPDLOௐQRWLILFDWLRQௐZKHQௐWKHௐUHSRUWௐLVௐUHDG\ௐRUௐZKHQௐ RQO\ௐGDWDௐLVௐDYDLODEOHௐ7KHVHௐUHSRUWVௐFDQௐDOVRௐEHௐVKDUHGௐZLWKௐRWKHUௐ 9R\DJHUௐXVHUVௐLQௐWKHௐFRPSDQ\ௐDQGRUௐUHVWULFWHGௐWRௐGDWDௐIRUௐHDFK GHSDUWPHQWKLHUDUFKLFDOௐOHYHOௐIRUௐLQGLYLGXDOௐUHYLHZ
8VHUVௐFDQௐDFFHVVௐௐWRௐௐPRQWKVௐRIௐGDWDௐ$WௐWKHௐHQGௐRIௐHDFKௐ \HDUௐZHௐPRYHௐWKHௐROGHVWௐௐPRQWKVௐRIௐGDWDௐRIIOLQHௐ'DWDௐLVௐVWRUHGௐ RIIOLQHௐIRUௐDQௐDGGLWLRQDOௐௐPRQWKVௐ
ௐPRQWKVௐWRWDO
ௐDQGௐLVௐDYDLODEOHௐ
XSRQௐUHTXHVW
7KHௐ9R\DJHUௐSRUWDOௐV\VWHPௐDOORZVௐDௐXVHUௐWRௐUXQௐDௐWUDQVDFWLRQௐUHSRUWௐ IRUௐDௐPRQWKௐWLPHௐIUDPHௐ8VHUVௐFDQௐUHTXHVWௐDௐVSHFLDOௐTXHU\ௐIURPௐ \RXUௐ86ௐ%DQNௐWHDPௐDWௐQRௐDGGLWLRQDOௐH[SHQVHௐIRUௐWLPHௐIUDPHVௐ JUHDWHUௐWKDQௐௐPRQWKV
,QௐDGGLWLRQௐWRௐWKHௐDERYHௐ9R\DJHUௐ'DWDௐ$QDO\WLFVௐRIIHUVௐUREXVWௐ EXVLQHVVௐLQWHOOLJHQFHௐDQDO\WLFVௐDQGௐGDWDௐYLVXDOL]DWLRQௐWKURXJKௐRXUௐ HQKDQFHGௐUHSRUWLQJௐRIIHULQJௐ&RPSUHKHQVLYHௐLQVLJKWௐFDQௐHPSRZHUௐ 3DUWLFLSDWLQJௐ(QWLWLHVௐWRௐPDNHௐEHWWHUௐEXVLQHVVௐGHFLVLRQVௐWKURXJKௐ DFWLRQDEOHௐGDWDௐLQWHOOLJHQFHௐWRௐUHGXFHௐFRVWVௐDQGௐEHWWHUௐPDQDJHௐ H[SHQVHV DFKLHYHௐJUHDWHU RSHUDWLRQDO HIILFLHQFLHV LPSURYH

Bid Number: RFP 030625 Vendor Name: U.S. Bank National Association

SXUFKDVLQJ GHFLVLRQV DQG UHGXFH ULVNV RI IUDXG 'DWD $QDO\WLFV XWLOL]HVௐHQKDQFHGௐGDWDௐPLQLQJௐWRௐKHOSௐ\RXௐYLVXDOL]HௐSDWWHUQVௐDQGௐ WUHQGVௐWRௐXQUDYHOௐDQRPDOLHVௐDQGௐDVVLVWௐZLWKௐLGHQWLI\LQJௐXQXVXDO VSHQGLQJௐSDWWHUQVௐDQGௐPRQLWRULQJௐWUDQVDFWLRQVௐIRUௐSRWHQWLDOௐPLVXVHௐ ZDVWHௐDQGௐDEXVH
0DMRUௐIHDWXUHVௐLQFOXGH

ௐ3UHGHILQHGௐDQGௐFXVWRPL]DEOHௐGDVKERDUGVௐWKDWௐDOORZௐXVHUVௐWRௐ DFFHVVௐLQIRUPDWLRQௐVSHFLILFௐWRௐWKHLUௐQHHGVௐHDVLO\ௐDQGௐTXLFNO\ௐ7KHௐ GDVKERDUGௐSURYLGHVௐTXLFNௐDFFHVVௐWRௐNH\ௐPHWULFVௐVXFKௐDVௐ9R\DJHUௐ VSHQGௐFDUGௐDFWLYLWLHVௐDYHUDJHௐGDLO\ௐSXUFKDVHVௐJHRJUDSKLFௐDFWLYLW\ௐ IXHOௐFRQVXPSWLRQௐDQGௐPHUFKDQWௐLQVLJKWV

ௐ'DWDௐILOWHULQJௐGULOOGRZQXSௐFDOFXODWLRQVௐVRUWLQJௐRIௐFRPSOH[ௐ GDWDVHWVௐHWF

ௐ3RZHUIXOௐWRROௐWRௐDFFHVVௐDQGௐDQDO\]HௐODUJHௐFRPSOH[ௐ9R\DJHUௐGDWDௐ WRௐUHYHDOௐFRUUHODWLRQVௐSDWWHUQVௐDQGௐWUHQGV

ௐ,QWHUDFWLYHௐDQDO\WLFDOௐWRROVௐIRUௐXVHUVௐWRௐFUHDWHௐWKHLUௐRZQௐDGKRFௐ ,QVLJKWVௐDQGௐGDWDௐDQDO\VLV

ௐ9LVXDOL]DWLRQௐFDSDELOLWLHVௐWRௐDVVLVWௐDGYDQFHGௐDQGௐXQWUDLQHGௐHQGௐ XVHUVௐWRௐHDVLO\ௐLGHQWLI\ௐSDWWHUQVௐDQGௐWUHQGV

ௐ2XUௐ'(,ௐ
'LYHUVLW\ௐ(TXLW\ௐDQGௐ,QFOXVLRQ
ௐVSHQGௐDQDO\VLVௐSURYLGHVௐ
IOHHWVௐZLWKௐLQVLJKWVௐWRௐWUDFNௐDQGௐPDQDJHௐWKHLUௐVXSSOLHUௐGLYHUVLW\ௐ VSHQGௐ'(,ௐLQVLJKWVௐSURYLGHௐNH\ௐPHWULFVௐWRௐKHOSௐIOHHWVௐPHHWௐWKHLUௐ (6*ௐ
(QYLURQPHQWDOௐ6RFLDOௐDQGௐFRUSRUDWHௐ*RYHUQDQFH
ௐSURJUDPV

ௐ7KHௐ&DUERQௐ)RRWSULQWௐ'DVKERDUGௐZLWKLQௐRXUௐ'DWDௐ$QDO\WLFVௐPRGXOHௐ SURYLGHVௐDௐFRQFLVHௐRYHUYLHZௐRIௐFDUERQௐHPLVVLRQVௐDVVRFLDWHGௐZLWK IXHOௐXVDJHௐ,WௐYLVXDOL]HVௐWKHௐHQYLURQPHQWDOௐLPSDFWௐRIௐYDULRXVௐIXHOௐ W\SHVௐKHOSLQJௐVWDNHKROGHUVௐLGHQWLI\ௐRSSRUWXQLWLHVௐIRUௐUHGXFLQJௐFDUERQௐ IRRWSULQWௐDQGௐSURPRWLQJௐVXVWDLQDELOLW\ௐ+RZHYHUௐZHௐGRௐQRWௐSURYLGHௐ FHUWLILFDWLRQVௐIRUௐHQYLURQPHQWDOௐFUHGLWV
3URYLGHௐDௐSURSRVHGௐ$GPLQLVWUDWLRQௐ)HHௐSD\DEOHௐWRௐ
6RXUFHZHOOௐ7KHௐ)HHௐLVௐLQௐFRQVLGHUDWLRQௐIRUௐWKHௐVXSSRUWௐ DQGௐVHUYLFHVௐSURYLGHGௐE\ௐ6RXUFHZHOOௐ7KHௐSURSRVHௐDQௐ
$GPLQLVWUDWLYHௐ)HHௐZLOOௐEHௐSD\DEOHௐWRௐ6RXUFHZHOOௐRQௐDOOௐ FRPSOHWHGௐWUDQVDFWLRQVௐWRௐ3DUWLFLSDWLQJௐ(QWLWLHVௐXWLOL]LQJௐWKLV $JUHHPHQWௐ7KHௐ$GPLQLVWUDWLYHௐ)HHௐZLOOௐEHௐFDOFXODWHGௐDVௐDௐ VWDWHGௐSHUFHQWDJHௐRUௐIODWௐIHHௐDVௐPD\ௐEHௐDSSOLFDEOHௐRIௐDOOௐ FRPSOHWHGௐWUDQVDFWLRQVௐXWLOL]LQJௐWKLVௐ0DVWHUௐ$JUHHPHQWௐ ZLWKLQௐWKHௐSUHFHGLQJௐ5HSRUWLQJௐ3HULRGௐGHILQHGௐLQௐWKHௐ
DJUHHPHQW
86ௐ%DQNௐZLOOௐSURYLGHௐDQௐ$GPLQLVWUDWLRQௐ)HHௐSD\DEOHௐWRௐ6RXUFHZHOOௐ 3OHDVHௐUHIHUௐWRௐ([KLELWௐௐ9R\DJHUௐ)LQDQFLDOௐ3URSRVDOௐIRUௐGHWDLOV

7DEOH%
3ULFLQJ2IIHUHG
/LQH
,WHP 7KH3ULFLQJ2IIHUHGLQWKLV3URSRVDOLV

&RPPHQWV
7KHSULFLQJRIIHUHGLVDVJRRGDVRUEHWWHUWKDQSULFLQJW\SLFDOO\RIIHUHGWKURXJKH[LVWLQJFRRSHUDWLYHFRQWUDFWVVWDWH FRQWUDFWVRUDJHQFLHV
3OHDVHௐUHIHUௐWRௐ([KLELWௐௐ
9R\DJHUௐ)LQDQFLDOௐ3URSRVDOௐ
IRUௐDௐFRPSUHKHQVLYHௐRYHUYLHZ
RIௐRXUௐILQDQFLDOௐRIIHULQJௐWRௐ
6RXUFHZHOO

7DEOH$
'HSWKDQG%UHDGWKRI2IIHUHG6ROXWLRQV
3RLQWVDSSOLHVWR7DEOH$DQG%

/LQH
,WHP 4XHVWLRQ 5HVSRQVH

3URYLGHௐDௐGHWDLOHGௐGHVFULSWLRQௐRIௐDOOௐWKHௐ
VROXWLRQVௐRIIHUHGௐLQFOXGLQJௐXVHGௐ6ROXWLRQVௐLIௐ
DSSOLFDEOHௐRIIHUHGௐLQௐWKHௐSURSRVDO
86ௐ%DQNௐRIIHUVௐ6RXUFHZHOOௐWKHௐIOH[LELOLW\ௐDQGௐH[SHUWLVHௐQHFHVVDU\ௐWRௐPDQDJHௐDQGௐ JURZௐDQௐHIIHFWLYHௐIOHHWௐFDUGௐSURJUDPௐ)RUௐPRUHௐWKDQௐௐ\HDUVௐ86ௐ%DQNௐKDVௐKHOSHGௐ SXEOLFௐDQGௐSULYDWHௐVHFWRUௐIOHHWVௐRIௐDOOௐVL]HVௐEHFRPHௐPRUHௐHIILFLHQWௐDQGௐFRVWௐHIIHFWLYHௐ E\ௐSURYLGLQJௐVXSHULRUௐFXVWRPHUௐVHUYLFHௐSURJUDPௐVSHQGௐFRQWUROVௐDFFHSWDQFHௐDWௐIXHOௐ DQGௐPDLQWHQDQFHௐORFDWLRQVௐDQGௐDGYDQFHGௐSURFHVVLQJௐV\VWHPVௐ0RUHௐWKDQௐMXVWௐDௐIXHOௐ FDUGௐWKHௐ86ௐ%DQNௐ9R\DJHUௐ)OHHWௐ&DUGௐDQGௐ9R\DJHUௐ0DVWHUFDUGௐFRQQHFWVௐ 6RXUFHZHOOௐZLWKௐDQௐDUUD\ௐRIௐIXHOௐPDLQWHQDQFHௐDQGௐVHUYLFHௐVROXWLRQVௐWKDWௐVLPSOLILHVௐ IOHHWௐPDQDJHPHQWௐ)HDWXUHVௐRIௐRXUௐSURJUDPௐLQFOXGH

86ௐ%DQNௐ9R\DJHUௐ)OHHWௐ&DUG
$FFHSWDQFHௐDFURVVௐ1RUWKௐ$PHULFDௐDQGௐ86ௐWHUULWRULHV
2XUௐIOHHWௐFDUGௐUXQVௐRQௐWKHௐ9R\DJHUௐ1HWZRUNௐZKLFKௐLVௐRQHௐRIௐWKHௐFRXQWU\¶VௐODUJHVWௐ IXHOௐDQGௐPDLQWHQDQFHௐQHWZRUNVௐ&DUGKROGHUVௐKDYHௐDFFHVVௐWRௐPDMRUௐDQGௐUHJLRQDOௐIXHOௐ DQGௐPDLQWHQDQFHௐORFDWLRQVௐLQௐHYHU\ௐ]LSௐFRGHௐLQௐDOOௐௐVWDWHVௐDQGௐ3XHUWRௐ5LFRௐ UHSUHVHQWLQJௐ
ௐRIௐDOOௐDFFHSWLQJௐIXHOௐORFDWLRQVௐ'ULYHUVௐFDQௐH[SHULHQFHௐVHDPOHVVௐ WUDQVDFWLRQVௐDWௐSULYDWHௐIXHOLQJௐVLWHVௐWUXFNௐVWRSVௐHOHFWULFௐYHKLFOHௐFKDUJLQJௐVWDWLRQVௐ PDLQWHQDQFHௐSURYLGHUVௐDQGௐVHUYLFHௐORFDWLRQV
Bid Number: RFP 030625 Vendor Name: U.S. Bank National Association

86ௐ%DQNௐ9R\DJHUௐ0DVWHUFDUG
,QௐFROODERUDWLRQௐZLWKௐ0DVWHUFDUGௐWKHௐ9R\DJHUௐ0DVWHUFDUGௐH[SDQGVௐRXUௐDFFHSWDQFHௐWRௐ WUDYHOௐPHUFKDQWVௐ
HJௐKRWHOVௐGLQLQJௐFDUௐUHQWDOௐHWF
ௐLIௐ6RXUFHZHOOௐDOORZVௐ7KLVௐRQ
GHPDQGௐFDSDELOLW\ௐRIIHUVௐIOH[LELOLW\ௐWRௐRYHUWKHURDGௐDQGௐFURVVௐERUGHUௐGULYHUVௐDVௐZHOOௐ DVௐKDQGOLQJௐXQH[SHFWHGௐRUௐHPHUJHQF\ௐH[SHQVHVௐVXFKௐDVௐDQௐRYHUQLJKWௐVWD\ௐZKLOHௐDௐ YHKLFOHௐLVௐUHSDLUHGௐRUௐIRUௐDௐIXHOௐWUDQVDFWLRQௐDFURVVௐWKHௐERUGHUௐLQௐ&DQDGDௐRUௐ0H[LFR 86ௐ%DQNௐ9R\DJHUௐ&DUG
7KHௐ9R\DJHUௐSURJUDPௐLVௐGHVLJQHGௐIRUௐIOHHWVௐXWLOL]LQJௐPL[HGௐFODVVௐYHKLFOHVௐ)RUௐ2YHUௐ WKHௐ5RDGௐ
275
ௐGULYHUVௐWKHௐ9R\DJHUௐFDUGௐSURYLGHVௐIOH[LELOLW\ௐIRUௐEDFNௐFRXUWௐ FRPPHUFLDOௐGLHVHOௐWUDQVDFWLRQVௐDVௐZHOOௐDVௐIURQWௐFRXUWௐUHWDLOௐWUDQVDFWLRQVௐZKHUHௐ 9R\DJHUௐLVௐDFFHSWHG
86ௐ%DQNௐ3D\ௐ7HUPௐ2SWLPL]DWLRQ
0DQDJLQJௐIXHOௐGDWDௐFDQௐEHௐWLPHFRQVXPLQJௐDQGௐUHVRXUFHLQWHQVLYHௐHVSHFLDOO\ௐZKHQௐ \RXUௐIOHHWௐXVHVௐPXOWLSOHௐIXHOLQJௐPHWKRGVௐ8VLQJௐIOHHWௐFDUGVௐDWௐUHWDLOௐIXHOLQJௐORFDWLRQVௐ JHQHUDWHVௐH[FHOOHQWௐWUDQVDFWLRQௐGDWDௐEXWௐUHWDLOௐIXHOௐFDQௐEHௐFRVWO\ௐ%XONௐIXHOLQJௐLVௐDQௐ HIIHFWLYHௐVROXWLRQௐWKDWௐLPSURYHVௐIXHOௐHFRQRPLFVௐUHGXFHVௐODERUௐFRVWVௐDQGௐHDVHVௐ DGPLQLVWUDWLYHௐEXUGHQVௐ%\ௐFRPELQLQJௐWKHௐVRSKLVWLFDWLRQௐRIௐ\RXUௐ9R\DJHUௐ)OHHWௐ&DUGௐ ZLWKௐEXONௐIXHOLQJௐ\RXௐJDLQௐPRUHௐYLVLELOLW\ௐLQWRௐIXHOௐWUDQVDFWLRQVௐDQGௐLPSURYHGௐFRQWUROௐ RYHUௐFRVWVௐ:HௐPDLQWDLQௐVHYHUDOௐUHODWLRQVKLSVௐZLWKௐRQVLWHௐEXONௐDQGௐPRELOHௐIXHOLQJௐ SURYLGHUVௐZKRௐFDQௐLQWHJUDWHௐWKHLUௐGDWDௐ
EXONௐIXHOLQJௐGDWD
ௐZLWKௐ86ௐ%DQNௐGDWDௐ
UHWDLOௐ
IXHOLQJௐGDWD
ௐ6RXUFHZHOO¶Vௐ3DUWLFLSDWLQJௐ(QWLWLHVௐZLOOௐUHFHLYHௐRQHௐFHQWUDOL]HGௐLQYRLFHௐLQௐ DGGLWLRQௐWRௐFRPSUHKHQVLYHௐUHSRUWLQJௐ5HSRUWLQJௐFRXOGௐEHௐIURPௐ86ௐ%DQNௐRUௐWKHௐ IXHOLQJௐSURYLGHU
:KDWௐLVௐEXONௐIXHOLQJ"
:KHQௐ\RXௐFKRRVHௐEXONௐIXHOLQJௐYHKLFOHVௐDQGௐHTXLSPHQWௐDUHௐIXHOHGௐLQௐEDFN\DUGௐVLWHVௐ RUௐWHPSRUDU\ௐVLWHVௐVDYLQJௐ\RXUௐGULYHUVௐWLPHௐIURPௐVRXUFLQJௐDௐUHWDLOௐIXHOLQJௐORFDWLRQ &RPELQHௐIOHHWௐFDUGௐDQGௐPRELOHௐIXHOLQJௐWUDQVDFWLRQV
%\ௐOHYHUDJLQJௐDௐUHOLDEOHௐEXONௐIXHOLQJௐQHWZRUNௐWRௐUHGXFHௐFRVWVௐZKLOHௐPDLQWDLQLQJௐ DFFHVVௐWRௐWKHௐ9R\DJHUௐUHWDLOௐIXHOLQJௐQHWZRUNௐHYHU\ௐYHKLFOHௐILOOௐLVௐVHWWOHGௐWKURXJKௐWKHௐ VDPHௐ9R\DJHUௐ)OHHWௐ&DUGௐ7KHௐ9R\DJHUௐSURJUDP
VௐIOHHWௐPDQDJHPHQWௐDQGௐUHSRUWLQJௐ
WRROVௐKHOSௐ\RXௐHDVLO\ௐPDQDJHௐ\RXUௐEXONௐIXHOLQJௐWUDQVDFWLRQVௐDORQJVLGHௐ\RXUௐRWKHUௐ 9R\DJHUௐ)OHHWௐ&DUGௐSXUFKDVHV
KRXUௐFXVWRPHUௐVHUYLFHௐVXSSRUW
86ௐ%DQNௐKDVௐDQௐDZDUGௐZLQQLQJௐௐFXVWRPHUௐVHUYLFHௐFHQWHUௐGHGLFDWHGௐWRௐ 6RXUFHZHOO¶VௐIOHHWௐPDQDJHPHQWௐSURJUDPௐ%\ௐGLDOLQJௐDௐWROOIUHHௐQXPEHUௐ\RXUௐ FDUGKROGHUVௐFDQௐVSHDNௐZLWKௐDௐFXVWRPHUௐVHUYLFHௐUHSUHVHQWDWLYHௐWRௐDGGUHVVௐLPPHGLDWHௐ DXWKRUL]DWLRQௐQHHGVௐRUௐSURJUDPௐTXHVWLRQVௐ:HௐIDFLOLWDWHௐWKHௐDXWRPDWLRQௐRIௐGDLO\ௐ DFFRXQWௐPDLQWHQDQFHௐDVௐZHOOௐDVௐSURYLGHௐRQOLQHௐDFFHVVௐWRௐIOHHWௐPDQDJHPHQWௐDQGௐ UHSRUWLQJௐWRROVௐIRUௐDXWKRUL]HGௐ6RXUFHZHOOௐIOHHWௐDGPLQLVWUDWRUVௐ2XUௐIOHHWௐRSHUDWLRQVௐ FHQWHUௐZDVௐUHFRJQL]HGௐIRUௐWKHௐILIWKௐ\HDUௐLQௐDௐURZௐDVௐDௐ&HUWLILHGௐ&HQWHUௐRIௐ([FHOOHQFHௐ

DZDUGHGௐE\ௐ%HQFKPDUN3RUWDO

)OHHWௐPDQDJHPHQWௐDQGௐUHSRUWLQJ
6RXUFHZHOOௐSDUWLFLSDQWVௐFDQௐFRQWUROௐWKHLUௐIOHHWௐWKURXJKௐDௐVHFXUHௐZHEEDVHGௐIOHHWௐ PDQDJHPHQWௐSURJUDPௐ<RXௐFDQௐREVHUYHௐXSGDWHௐWUDFNௐDQGௐPDQDJHௐIOHHWௐRSHUDWLRQVௐ DQGௐIOHHWௐFDUGௐDFFRXQWV
:LWKௐௐ/HYHOௐ,,,ௐGDWDௐFDSWXUHௐIRUௐWUDQVDFWLRQVௐRQௐWKHௐ9R\DJHUௐ1HWZRUNௐIOHHWௐ DGPLQLVWUDWRUVௐKDYHௐDOOௐWKHௐLQIRUPDWLRQௐQHHGHGௐWRௐPDQDJHௐIOHHWௐDQGௐDFFRXQWௐDFWLYLW\ௐ )OHHWௐDGPLQLVWUDWRUVௐFDQௐFXVWRPL]HௐWKHௐFRQWUROVௐDQGௐIHDWXUHVௐQHFHVVDU\ௐWRௐPDQDJHௐ WKHLUௐIOHHWௐLQௐJUHDWHUௐGHWDLOௐDQGௐFDQௐHYDOXDWHௐFRVWVௐFXVWRPL]HௐUHSRUWVௐWRௐWKHLUௐRZQௐ VSHFLILFDWLRQVௐDQGௐPDNHௐLQIRUPHGௐGHFLVLRQVௐZLWKௐWKHௐFOLFNௐRIௐDௐPRXVH 7KURXJKௐWKHௐ9R\DJHUௐSRUWDOௐIOHHWௐDGPLQLVWUDWRUVௐFDQ

ௐ&UHDWHௐQHZௐFDUGVௐDQGௐHGLWௐFXUUHQWௐFDUGV

ௐ$GGௐHGLWௐRUௐUHPRYHௐGULYHUVௐDQGௐYHKLFOHV

ௐ3HUIRUPௐPDLQWHQDQFHௐRQௐPXOWLSOHௐFDUGVௐGULYHUVௐRUௐYHKLFOHVௐVLPXOWDQHRXVO\

ௐ$FFHVVௐ9R\DJHUௐ0DLQWHQDQFHௐ6ROXWLRQௐIRUௐPDQDJLQJௐPDLQWHQDQFHௐSROLFLHVௐDQGௐ YLHZLQJௐDGGLWLRQDOௐPDLQWHQDQFHௐDQGௐUHSDLUௐGHWDLOV
,QGLYLGXDOௐSHUPLVVLRQVௐFDQௐDOVRௐEHௐDVVLJQHGௐWRௐXVHUVௐDVௐZHOOௐ([DPSOHVௐRIௐWKHVHௐ SHUPLVVLRQVௐLQFOXGH

ௐ5XQௐUHSRUWV²%LOOLQJௐUHSRUWVௐDQGௐVWDQGDUGௐUHSRUWV

ௐ$FFHVVௐWRௐYLHZௐLQIRUPDWLRQ²$FFRXQWVௐYHKLFOHVௐFDUGVௐDQGௐGULYHUV

ௐ&UHDWHௐDQGௐHGLWௐFDUGௐFRQWUROV²&DUGVௐGULYHUVௐYHKLFOHVௐVWDQGDUGௐDXWKRUL]DWLRQௐOLPLWVௐ DGYDQFHGௐDXWKRUL]DWLRQௐOLPLWVௐDQGௐWHPSRUDU\ௐDXWKRUL]DWLRQௐOLPLWV

ௐ%LOOௐSD\²$ELOLW\ௐWRௐSD\ௐ\RXUௐ9R\DJHUௐEDODQFHௐRQOLQH

Bid Number: RFP 030625 Vendor Name: U.S. Bank National Association

:LWKLQௐWKLVௐ5)3ௐFDWHJRU\ௐWKHUHௐPD\ௐEHௐ
VXEFDWHJRULHVௐRIௐVROXWLRQVௐ/LVWௐVXEFDWHJRU\ௐ
WLWOHVௐWKDWௐEHVWௐGHVFULEHௐ\RXUௐSURGXFWVௐDQGௐ
VHUYLFHV
)RUௐSDUWLFLSDWLQJௐHQWLWLHVௐZLWKௐDYLDWLRQௐRUௐPDULQHௐIXHOLQJௐQHHGVௐWKHௐ86ௐ%DQNௐ 9R\DJHUௐ0DVWHUFDUGௐLVௐDYDLODEOHௐ
$GGLWLRQDOௐIHDWXUHVௐRIௐWKLVௐSURJUDPௐLQFOXGH
ௐ

ௐ9R\DJHUௐ0DVWHUFDUGௐFDUGVௐSURYLGHௐZRUOGZLGHௐDFFHSWDQFH

ௐ&DUGௐOHYHOௐUHVWULFWLRQVௐGHILQHGௐRQௐDௐFDUGE\FDUGௐEDVLV

ௐ$FFRXQWௐIOH[LELOLW\

ௐ'ULYHUௐDQGRUௐYHKLFOHௐLVVXDQFH

ௐ'LVFRXQWௐH[FHSWLRQௐVXPPDU\ௐFRQWUROௐDQGௐYHKLFOHௐUHSRUWLQJௐRSWLRQV

ௐ4XDOLW\ௐFXVWRPHUௐVHUYLFHௐWKURXJKௐDௐVLQJOHௐFRQWDFW

ௐ&DUGௐYHORFLW\ௐFRQWUROV

ௐ2QOLQHௐFXVWRPHUௐDFFHVVௐV\VWHP
(OHFWULFௐYHKLFOHௐFKDUJLQJௐDFFHSWDQFH
:HௐKDYHௐDGGHGௐ&KDUJH3RLQWௐDQGௐ(9ௐ&RQQHFWௐWRௐWKHௐ9R\DJHUௐ1HWZRUNௐDGGLQJௐ WKRXVDQGVௐRIௐHOHFWULFௐYHKLFOHௐFKDUJLQJௐVWDWLRQVௐDFURVVௐWKHௐ8QLWHGௐ6WDWHVௐ7KHVHௐ ORFDWLRQVௐEULQJௐHOHFWULFௐYHKLFOHௐFKDUJLQJௐWRௐPRUHௐSHRSOHௐDQGௐSODFHVௐWKDQௐHYHUௐEHIRUHௐ ZLWKௐWKHௐODUJHVWௐDQGௐPRVWௐRSHQௐFKDUJLQJௐQHWZRUNௐLQௐWKHௐZRUOGௐ9R\DJHUௐKDVௐVHYHUDOௐ SDUWQHUVௐZKRௐGHVLJQௐEXLOGௐDQGௐVXSSRUWௐWKHௐWHFKQRORJ\ௐWKDWௐSRZHUVௐDQௐ(9ௐQHWZRUNௐ IURPௐFKDUJLQJௐVWDWLRQௐKDUGZDUHௐWRௐHQHUJ\ௐPDQDJHPHQWௐVRIWZDUHௐWRௐDௐPRELOHௐDSSௐ WUDQVIRUPLQJௐWUDQVSRUWDWLRQௐDQGௐHQHUJ\ௐXVHௐE\ௐKHOSLQJௐPRUHௐSHRSOHௐZKRௐFKRRVHௐWRௐ GULYHௐHOHFWULF
3OHDVHௐUHIHUௐWRௐ4XHVWLRQௐௐDERYHௐIRUௐDGGLWLRQDOௐLQIRUPDWLRQ 5RDGVLGHௐDVVLVWDQFHௐSURJUDP
7KURXJKௐRXUௐDOOLDQFHௐZLWKௐWKHௐ1DWLRQDOௐ$XWRௐ&OXEௐGULYHUVௐFDQௐUHFHLYHௐTXLFNௐFRXUWHRXVௐ DQGௐFRVWHIIHFWLYHௐURDGVLGHௐVHUYLFHVௐௐLQFOXGLQJௐWKHௐIROORZLQJ

ௐ0HFKDQLFDOௐDVVLVWDQFH

ௐ(PHUJHQF\ௐWRZLQJ

ௐ-XPSௐVWDUW

ௐ7LUHௐFKDQJH

ௐ(PHUJHQF\ௐIXHOௐRLOௐDQGௐZDWHUௐGHOLYHU\

ௐ/RFNRXWௐVHUYLFHV

'HVFULEHௐDQGௐGHPRQVWUDWHௐDYDLODEOHௐIHDWXUHVௐ
RUௐFRQWUROVௐWKDWௐDVVLVWௐZLWKௐPLWLJDWLRQௐRIௐIUDXGௐ
ZDVWHௐDQGRUௐDEXVHௐIRUௐDOOௐVROXWLRQVௐRIIHUHG
6RXUFHZHOOௐRUௐLWVௐ3DUWLFLSDWLQJௐ(QWLWLHVௐPD\ௐQRWௐEHௐOLDEOHௐIRUௐXQDXWKRUL]HGௐSXUFKDVHVௐ PDGHௐRQௐDௐORVWௐRUௐVWROHQௐFDUGௐSURYLGHGௐWKDWௐWKHௐFDUGௐLVௐUHSRUWHGௐWRௐ86ௐ%DQNௐDVௐ ORVWௐRUௐVWROHQௐYLDௐWHOHSKRQHௐRUௐRQOLQHௐSRUWDOௐDQGௐFDQFHOOHGௐLPPHGLDWHO\ )UDXGௐGHWHFWLRQௐDQGௐSURWHFWLRQ
86ௐ%DQNௐ9R\DJHUௐ)OHHWௐ&DUGௐFOLHQWVௐKDYHௐWKHௐVXSSRUWௐRIௐFRPSUHKHQVLYHௐIUDXGௐ SUHYHQWLRQௐDQGௐLQYHVWLJDWLYHௐVHUYLFHVௐ&RPSOHWHௐIUDXGௐOLIHF\FOHௐVXSSRUWௐLQFOXGHV

$FFRXQWௐPRQLWRULQJௐDQGௐQRWLILFDWLRQ

ௐ'HGLFDWHGௐIUDXGௐWHDPௐZRUNLQJௐWRௐLGHQWLI\ௐWUHQGVௐDQGௐHOLPLQDWHௐUHSHDWௐIUDXG

ௐ1HDUௐDQGௐUHDOWLPHௐFDUGௐIXHOௐXVDJHௐGLVFUHSDQF\ௐEORFNLQJ

ௐ5HDOWLPHௐIUDXGௐUXOHVௐHQJLQH

ௐ&RQWLQXRXVௐWUDQVDFWLRQௐWUHQGௐDQDO\VLV

ௐ2XWERXQGௐFDOOVௐWRௐ6RXUFHZHOOௐWRௐYHULI\ௐDFWLYLW\
'HWHFWLRQௐVWUDWHJLHV

ௐ5HDOWLPHௐEHKDYLRUEDVHGௐGHWHFWLRQௐWRRO

ௐௐ8QLTXHௐWRௐ9R\DJHUௐDWௐ86ௐ%DQN
ௐௐ6SHFLILFௐWRௐWKHௐIOHHWௐLQGXVWU\
ௐௐ5LVNௐLGHQWLILFDWLRQௐSRLQWௐVFRUHV
ௐௐ8VHVௐKLVWRULFDOௐEHKDYLRUௐOHDUQHGௐE\ௐWKHௐV\VWHPௐDQGௐUXOHVௐEDVHGௐRQௐDQDO\VLVௐRIௐ SUHYLRXVௐFRQILUPHGௐIUDXGௐFDVHV

ௐ&DVHௐ0DQDJHPHQW$QDO\WLFV

ௐ&RPSUHKHQVLYHௐUHSRUWLQJ

ௐ6WDQGDUGௐLQGXVWU\ௐEHVWௐSUDFWLFHV
&XVWRPL]HGௐULVNௐPDQDJHPHQW

ௐ$FFRXQWௐVHWXSௐDQGௐPDLQWHQDQFHௐSROLFLHV

ௐ$SSURSULDWHௐFDUGௐFRQWUROV

ௐ7UDQVDFWLRQVௐUHVWULFWHGௐWRௐIXHOௐDQGௐPDLQWHQDQFHௐORFDWLRQV &RPSUHKHQVLYHௐLQYHVWLJDWLRQ

ௐ&RPSOHWHௐRQOLQHௐWUDQVDFWLRQௐKLVWRU\ௐIRUௐHDFKௐDFFRXQWௐDQGௐRUJDQL]DWLRQ

ௐ6DOHVௐUHFHLSWV

ௐ2QVLWHௐPHUFKDQWௐFDPHUDV

ௐ&RRUGLQDWLRQௐZLWKௐORFDOௐVWDWHௐDQGௐ)HGHUDOௐHQIRUFHPHQWௐDJHQFLHV 5HDOWLPHௐSXUFKDVHௐDOHUWV
7KHௐ9R\DJHUௐSRUWDOௐKDVௐDௐUREXVWௐDOHUWௐIHDWXUHௐDOORZLQJௐIRUௐWLPHO\ௐQRWLILFDWLRQௐRIௐ SXUFKDVHVௐWKDWௐIDOOௐRXWVLGHௐRIௐWKHௐGHVLJQDWHGௐSXUFKDVHௐFULWHULDௐHVWDEOLVKHGௐE\ௐ\RXUௐ )OHHWௐ$GPLQLVWUDWRUVௐ3XUFKDVHௐDOHUWVௐFDQௐEHௐVHQWௐWRௐGHVLJQDWHGௐXVHUVௐE\ௐWH[Wௐ PHVVDJH HPDLO RU WKH 3XUFKDVH $OHUW 1RWLILFDWLRQV VFUHHQ ZKHQௐSXUFKDVHV DUH Bid Number: RFP 030625 Vendor Name: U.S. Bank National Association

PDGH WKDW H[FHHG VSHFLILHG FULWHULD

ௐ7KHௐXVHUௐFDQௐFUHDWHௐDVௐPDQ\ௐSXUFKDVHௐDOHUWVௐDVௐWKH\ௐZLVKௐE\ௐJLYLQJௐWKHPௐXQLTXHௐ QDPHVௐ2QFHௐVDYHGௐDOHUWVௐFDQௐEHௐVHWௐWRௐDFWLYHௐRUௐLQDFWLYHௐDQGௐHDVLO\ௐXVHGௐE\ௐ DFWLYDWLQJௐWKHௐDOHUWௐZLWKௐDௐPRXVHௐFOLFN

ௐ7KHௐXVHUௐWKHQௐVHOHFWVௐLIௐWKHௐSXUFKDVHௐDOHUWௐLVௐRQJRLQJௐRUௐMXVWௐWHPSRUDU\ௐDORQJௐZLWKௐ WKHௐPHWKRGௐRIௐGHOLYHU\ௐDQGௐWKHௐDSSURSULDWHௐPRELOHௐQXPEHUௐHPDLOௐDGGUHVVௐRUௐERWK

ௐ7KHௐDOHUWௐFDQௐEHௐUXQௐIRUௐDOOௐDFFRXQWVௐJURXSௐRIௐDFFRXQWVௐRUௐVLQJOHௐDFFRXQWௐE\ௐDOOௐ RUJDQL]DWLRQDOௐOHYHOVௐJURXSௐRIௐRUJDQL]DWLRQௐOHYHOVௐRUௐDௐVLQJOHௐRUJDQL]DWLRQௐOHYHO

ௐ7KHௐDOHUWௐFDQௐEHௐVHWௐXSௐIRUௐDOOௐDௐJURXSௐVSHFLILFௐFDUGVௐYHKLFOHVௐRUௐGULYHUௐ,'VௐZLWKௐ DFWLRQௐFRGHௐSDUDPHWHUVௐIRUௐDOOௐRUௐVSHFLILFௐGHFOLQHௐSDUDPHWHUVௐZLWKௐDௐGROODUௐDQGRUௐ WUDQVDFWLRQௐKLJKௐOLPLWௐVHWWLQJௐGXULQJௐVSHFLILFௐGD\
V
ௐRIௐZHHNௐWLPHௐRIௐGD\ௐRUௐQRQHௐIRUௐ
DOOௐJURXSௐLQGLYLGXDOௐVWDWHVௐVSHFLILFௐSURGXFWௐFDWHJRU\ௐRUௐQRQHௐWDQNௐFDSDFLW\ௐRUௐQRQHௐ DQGௐLQYDOLGௐYHKLFOHௐSURGXFWௐW\SHௐRUௐQRQHௐ7KHௐDFWLRQௐFRGHVௐVHWXSௐLQௐWKHௐV\VWHPௐDUH

ௐௐ$OOௐWUDQVDFWLRQVௐDOOௐDSSURYHGௐWUDQVDFWLRQVௐDQGௐDOOௐGHFOLQHGௐWUDQVDFWLRQV ௐௐ'HFOLQHGௐWUDQVDFWLRQVௐEDVHGௐRQௐFDUGௐORFNHGௐH[FHHGVௐGROODUௐDPRXQWௐH[FHHGVௐ WUDQVDFWLRQௐDPRXQWௐH[SLUHGௐFDUGௐLQYDOLGௐ,'ௐLQYDOLGௐUHVWULFWLRQௐFRGHௐPHUFKDQWௐQRWௐ DOORZHGௐRGRPHWHUௐQRWௐYDOLGௐSD\ௐDWௐSXPSௐQRWௐDOORZHGௐGD\ௐRIௐZHHNௐUHVWULFWLRQௐDQGௐ WLPHௐRIௐGD\ௐUHVWULFWLRQ
'LVSXWHௐLQLWLDWLRQ
:HௐZLOOௐZRUNௐZLWKௐ6RXUFHZHOOௐWRௐUHVROYHௐGLVSXWHGௐWUDQVDFWLRQVௐ3OHDVHௐQRWHௐWKDWௐ\RXௐ DUHௐQRWௐOLDEOHௐIRUௐDQ\ௐWUDQVDFWLRQVௐWKDWௐRFFXUௐDIWHUௐ6RXUFHZHOOௐKDVௐQRWLILHGௐ86ௐ%DQNௐ RIௐDௐORVWௐRUௐVWROHQௐFDUG
)OHHWௐ$GPLQLVWUDWRUVௐFDQௐLQLWLDWHௐGLVSXWHVௐHLWKHUௐWKURXJKௐWKHௐ9R\DJHUௐSRUWDOௐRUௐE\ௐ FDOOLQJௐRXUௐ&XVWRPHUௐ6HUYLFHௐ&HQWHUௐRUௐE\ௐHPDLOLQJௐWKHௐGLVSXWHVௐWHDPௐGLUHFWO\ௐ:LWKLQௐ WKHௐ9R\DJHUௐSRUWDOௐDௐFKDUJHௐFDQௐEHௐGLVSXWHGௐE\ௐFOLFNLQJௐRQௐWKHௐLQYRLFHௐQXPEHUௐRQௐ WKHௐ7UDQVDFWLRQௐ'HWDLOௐUHSRUWௐDQGௐFOLFNLQJௐ³'LVSXWHௐ7UDQVDFWLRQ´ௐRQௐWKHௐIROORZLQJௐSDJHௐ RUௐYLDௐWKHௐ0DLQWDLQௐ7UDQVDFWLRQVௐVFUHHQௐ,IௐWKHௐFKDUJHௐRFFXUUHGௐPRUHௐWKDQௐ ௐGD\Vௐ
HDUOLHUௐWKHௐ)OHHWௐ$GPLQLVWUDWRUௐFDQQRWௐGLVSXWHௐWKHௐFKDUJHௐRQOLQHௐDQGௐZLOOௐQHHGௐWRௐFDOOௐ WKHௐ&XVWRPHUௐ6HUYLFHௐ&HQWHU
'LVSXWHௐPDQDJHPHQW
2QFHௐWKHௐ)OHHWௐ$GPLQLVWUDWRUௐILOHVௐWKHௐGLVSXWHௐFODLPௐDQௐDXWRPDWHGௐHPDLOௐZLOOௐEHௐVHQWௐ WRௐFRQILUPௐUHFHLSWௐRIௐWKHௐFODLPௐ7KHௐGLVSXWHௐVWDWXVௐFDQௐWKHQௐEHௐYLHZHGௐDQGௐWUDFNHGௐ ZLWKLQௐWKHௐ9R\DJHUௐSRUWDOௐDVௐZHOOௐDVௐWKHௐGLVSXWHௐKLVWRU\ௐDQGௐVXSSRUWLQJௐGRFXPHQWDWLRQ 'LVSXWHௐUHVROXWLRQ
'LVSXWHௐUHVROXWLRQௐIROORZVௐWKHVHௐVWHSV

6RXUFHZHOOௐLQLWLDWHVௐDௐGLVSXWHௐYLDௐWKHௐ9R\DJHUௐSRUWDOௐE\ௐFDOOLQJௐRXUௐ&XVWRPHUௐ6HUYLFHௐ &HQWHUௐRUௐE\ௐHPDLOLQJௐWKHௐGLVSXWHVௐWHDPௐGLUHFWO\
$ௐ86ௐ%DQNௐ&XVWRPHUௐ6HUYLFHௐ5HSUHVHQWDWLYHௐUHVHDUFKHVௐWKHௐGLVSXWHGௐWUDQVDFWLRQ ,IௐQHFHVVDU\ௐZHௐRUGHUௐDௐFRS\ௐRIௐWKHௐGLVSXWHGௐWUDQVDFWLRQௐ0HUFKDQWVௐKDYHௐXSௐWRௐௐ GD\VௐWRௐSURYLGHௐSURRIௐRIௐWUDQVDFWLRQௐ,IௐWKHௐPHUFKDQWௐFDQQRWௐSURYLGHௐSURRIௐRIௐ WUDQVDFWLRQௐWKH\ௐDUHௐVXEMHFWௐWRௐFKDUJHEDFN
:HௐUHFHLYHௐDௐFRS\ௐRIௐWKHௐGLVSXWHGௐWUDQVDFWLRQௐDQGௐIRUZDUGௐLWௐWRௐ\RXௐZLWKLQௐWZRௐ EXVLQHVVௐGD\VௐRIௐUHFHLSWௐWRௐYHULI\ௐZKHWKHUௐWKHௐFKDUJHௐLVௐYDOLG ,IௐWKHௐWUDQVDFWLRQௐPHHWVௐRXUௐWUDQVDFWLRQௐUHYHUVDOௐSDUDPHWHUVௐWKHௐDPRXQWௐZLOOௐEHௐ FKDUJHGௐEDFNௐWRௐWKHௐPHUFKDQW
,IௐWKHௐWUDQVDFWLRQௐFRQWDLQVௐLQFRUUHFWௐSURGXFWௐLQIRUPDWLRQௐRUௐLQFRUUHFWௐWD[HVௐZHௐZLOOௐ ZRUNௐZLWKௐWKHௐPHUFKDQWௐWRௐUHVROYHௐWKHௐGLVSXWHௐ7KLVௐSURFHVVௐGHSHQGVௐRQௐDௐUHVSRQVHௐ IURPௐWKHௐPHUFKDQWௐ:HௐZLOOௐUHSRUWௐDQ\ௐSURGXFWௐFRGHௐHUURUVௐWRௐWKHௐPHUFKDQWௐZLWKLQௐWZRௐ EXVLQHVVௐGD\VௐRIௐQRWLILFDWLRQௐRIௐDௐSURGXFWௐFRGHௐHUURU
7KHௐWLPHOLQHௐRIௐGLVSXWHௐUHVROXWLRQௐGHSHQGVௐRQௐVHYHUDOௐIDFWRUVௐ:HௐXQGHUVWDQGௐWKDWௐ WLPHO\ௐUHVROXWLRQௐLVௐHVVHQWLDOௐ,IௐZHௐQHHGௐWRௐUHTXHVWௐDௐFRS\ௐRIௐWKHௐUHFHLSWௐWKHௐ PHUFKDQWௐKDVௐXSௐWRௐௐGD\VௐWRௐSURYLGHௐSURRIௐRIௐWUDQVDFWLRQௐ+RZHYHUௐPDQ\ௐGLVSXWHVௐ FDQௐEHௐUHVROYHGௐLPPHGLDWHO\ௐZLWKௐDௐFUHGLWௐDSSOLHGௐWRௐ\RXUௐDFFRXQWௐZLWKLQௐRQHௐWRௐWZRௐ EXVLQHVVௐGD\V

'HPRQVWUDWHௐWKHௐDFFHSWDQFHௐQHWZRUNௐRIௐ
SD\PHQWௐVHUYLFHVௐRIIHUHGௐIRUௐDOOௐIRUPVௐRIௐ
SD\PHQWVௐVXFKௐDVௐSK\VLFDOௐFDUGVௐPRELOHௐ
DSSOLFDWLRQVௐGLJLWDOௐDQGRUௐYLUWXDOௐSD\PHQWௐ
VHUYLFHV
2XUௐIOHHWௐFDUGௐUXQVௐRQௐWKHௐ9R\DJHUௐ1HWZRUNௐZKLFKௐLVௐRQHௐRIௐWKHௐFRXQWU\¶VௐODUJHVWௐ IXHOௐDQGௐPDLQWHQDQFHௐQHWZRUNVௐ&DUGKROGHUVௐKDYHௐDFFHVVௐWRௐPDMRUௐDQGௐUHJLRQDOௐIXHOௐ DQGௐPDLQWHQDQFHௐORFDWLRQVௐLQௐHYHU\ௐ]LSௐFRGHௐLQௐDOOௐௐVWDWHVௐDQGௐ3XHUWRௐ5LFRௐZKLFKௐ LQFOXGHVௐDSSUR[LPDWHO\ௐௐIXHOLQJௐDQGௐௐPDLQWHQDQFHௐORFDWLRQVௐ

UHSUHVHQWLQJௐ
ௐRIௐDOOௐDFFHSWLQJௐIXHOௐORFDWLRQV
ௐ'ULYHUVௐFDQௐH[SHULHQFHௐVHDPOHVVௐ
WUDQVDFWLRQVௐDWௐSULYDWHௐIXHOLQJௐVLWHVௐWUXFNௐVWRSVௐHOHFWULFௐYHKLFOHௐFKDUJLQJௐVWDWLRQVௐ PDLQWHQDQFHௐSURYLGHUVௐDQGௐVHUYLFHௐORFDWLRQV
,QௐFROODERUDWLRQௐZLWKௐ0DVWHUFDUGௐWKHௐ9R\DJHUௐ0DVWHUFDUGௐH[SDQGVௐRXUௐDFFHSWDQFHௐWRௐ WUDYHOௐPHUFKDQWVௐ
HJௐKRWHOVௐGLQLQJௐFDUௐUHQWDOௐHWF
ௐLIௐ6RXUFHZHOOௐDOORZVௐ7KLVௐRQ
GHPDQGௐFDSDELOLW\ௐRIIHUVௐIOH[LELOLW\ௐWRௐRYHUWKHURDGௐDQGௐFURVVௐERUGHUௐGULYHUVௐDVௐZHOOௐ DVௐKDQGOLQJௐXQH[SHFWHGௐRUௐHPHUJHQF\ௐH[SHQVHVௐVXFKௐDVௐDQௐRYHUQLJKWௐVWD\ௐZKLOHௐDௐ YHKLFOHௐLVௐUHSDLUHGௐRUௐIRUௐDௐIXHOௐWUDQVDFWLRQௐDFURVVௐWKHௐERUGHUௐLQௐ&DQDGDௐRUௐ0H[LFR 7KH 9R\DJHUௐSURJUDP LV GHVLJQHG IRU IOHHWV XWLOL]LQJௐPL[HG FODVV YHKLFOHV )RU 275 Bid Number: RFP 030625 Vendor Name: U.S. Bank National Association

GULYHUV WKH 9R\DJHU FDUG SURYLGHV IOH[LELOLW\ IRU EDFN FRXUW FRPPHUFLDO GLHVHO WUDQVDFWLRQVௐDVௐZHOOௐDVௐIURQWௐFRXUWௐUHWDLOௐWUDQVDFWLRQVௐZKHUHௐ9R\DJHUௐLVௐDFFHSWHG <RXUௐFDUGKROGHUVௐKDYHௐDFFHVVௐLQௐHYHU\ௐ=,3ௐFRGHௐDWௐUHWDLOௐDQGௐSULYDWHௐIXHOLQJௐVLWHVௐ WUXFNௐVWRSVௐHOHFWULFௐYHKLFOHௐFKDUJLQJௐVWDWLRQVௐPDLQWHQDQFHௐSURYLGHUVௐDQGௐVHUYLFHௐ ORFDWLRQVௐ,W¶VௐDOVRௐDFFHSWHGௐRQௐWKHௐ0DVWHUFDUGௐQHWZRUN 7KHௐ9R\DJHUௐ0RELOHௐ$SSௐDOORZVௐGULYHUVௐWRௐSLQSRLQWௐIXHOLQJௐORFDWLRQVௐFXUUHQWௐSULFHௐDQGௐ URXWLQJௐZLWKௐWKHLUௐVPDUWSKRQHVௐRUௐWDEOHWVௐ,WௐLQFOXGHVௐILOWHULQJௐE\ௐIXHOௐW\SHௐDQGௐ DPHQLWLHVௐVXFKௐDVௐFDUௐZDVKHVௐSD\ௐDWௐWKHௐSXPSௐVSDFHௐIRUௐRYHUVL]HGௐYHKLFOHVௐDQGௐ PDLQWHQDQFHௐVHUYLFHௐFDSDELOLWLHVௐ'ULYHUVௐFDQௐXVHௐWKHௐKDQGVIUHHௐDXGLRௐIHDWXUHௐWKDWௐ DQQRXQFHVௐLQIRUPDWLRQௐDOORZLQJௐWKHPௐWRௐUHPDLQௐIRFXVHGௐRQௐWKHௐURDG 7KHௐ9R\DJHUௐ$FFHSWDQFHௐ/RFDWRUௐLVௐDௐZHEEDVHGௐRUௐPRELOHௐWRROௐWKDWௐSURYLGHVௐFDUGௐ XVHUVௐZLWKௐGHWDLOHGௐPHUFKDQWௐDQGௐVHUYLFHௐLQIRUPDWLRQௐIRUௐDOOௐORFDWLRQVௐRQௐWKHௐ9R\DJHUௐ 1HWZRUNௐDFFHSWLQJௐWKHௐ9R\DJHUௐ)OHHWௐ&DUGௐ,QௐDGGLWLRQௐWRௐSLQSRLQWLQJௐORFDWLRQVௐWKHௐ ORFDWRUௐLGHQWLILHVௐWKHௐDYHUDJHௐIXHOௐSULFHௐLQௐWKHௐVHDUFKௐDUHDௐDVௐZHOOௐDVௐWKHௐORZHVWௐFRVWௐ IXHOௐSURYLGHUV
7KHௐ9R\DJHUௐ$FFHSWDQFHௐ/RFDWRUௐSLQSRLQWVௐWKHௐPHUFKDQW¶VௐORFDWLRQௐIXHOௐSULFHVௐDQGௐ RWKHUௐLQIRUPDWLRQௐEDVHGௐRQௐWKHௐXVHU¶VௐVHDUFKௐFULWHULDௐDQGௐJHQHUDWHVௐDQௐLQWHUDFWLYHௐ PDSௐWKDWௐRIIHUVௐGULYLQJௐGLUHFWLRQVௐDQGௐFRPSDUHVௐPHUFKDQWௐORFDWLRQVௐWRௐWKHௐDYHUDJHௐ IXHOௐSULFHௐLQௐWKHௐVHDUFKௐDUHD
7KHௐ9R\DJHUௐ$FFHSWDQFHௐ/RFDWRUௐPD\ௐEHௐDFFHVVHGௐDW
ௐ
KWWSV
YR\DJHUXVEDQNFRPDSSSXEOLFPHUFKDQW/RFDWRUGRௐDQGௐLQௐ([KLELWௐௐ86ௐ%DQNௐ 9R\DJHUௐ$FFHSWDQFHௐ/RFDWRUௐ6DPSOH
:HௐKDYHௐHVWDEOLVKHGௐVWUDWHJLFௐUHODWLRQVKLSVௐZLWKௐDOOௐWKHௐPDMRUௐRLOௐFRPSDQLHVௐDQGௐ UHJLRQDOௐIXHOLQJௐORFDWLRQVௐDFURVVௐWKHௐ8QLWHGௐ6WDWHV
2XUௐXQLTXHௐ7HOH7UDQVௐSURJUDPௐH[SDQGVௐRXUௐDFFHSWDQFHௐQHWZRUNௐWRௐLQFOXGHௐYLUWXDOO\ௐ DQ\ௐPHUFKDQWௐ7HOH7UDQVௐLVௐDௐXQLTXHௐSDSHUOHVVௐSD\PHQWSURFHVVLQJௐV\VWHPௐWKDWௐ DOORZVௐIXHOௐPDLQWHQDQFHௐDQGௐRWKHUௐYHKLFOHௐVHUYLFHௐSURYLGHUVௐWRௐDFFHSWௐWKHௐ9R\DJHUௐ )OHHWௐ&DUGௐZLWKௐMXVWௐDௐSKRQHௐFDOO±±ௐZLWKRXWௐVSHFLDOL]HGௐSRLQWRIVDOHௐHTXLSPHQW )LQDOO\ௐ86ௐ%DQNௐ)OHHWௐ9LUWXDOௐ3D\ௐSURYLGHVௐGULYHUVௐZLWKௐDௐFDUGOHVVௐVLQJOHXVHௐ DFFRXQWௐWKDWௐFDQௐEHௐXVHGௐZKHQௐDௐVWDQGDUGௐIOHHWௐFDUGௐSXUFKDVHௐLVௐQRWௐDQௐRSWLRQ ௐWKLVௐ
VROXWLRQௐHOLPLQDWHVௐWKHௐQHHGௐIRUௐPXOWLSOHௐFDUGVௐDQGௐNHHSVௐGULYHUVௐRQௐWKHௐURDG 9R\DJHUௐPRELOHௐDSS
,QௐDQௐLQIRUPDOௐVWXG\ௐDௐQDWLRQDOௐIOHHWௐRIௐௐYHKLFOHVௐZDVௐDQDO\]HGௐWRௐGHWHUPLQHௐ SRWHQWLDOௐVDYLQJVௐIURPௐWKHௐXVHௐRIௐDௐPRELOHௐDSSௐWRௐORFDWHௐORZFRVWௐIXHOௐ7KHௐVWXG\ௐ IRXQGௐDQௐDYHUDJHௐVSUHDGௐRIௐௐSHUௐJDOORQௐEHWZHHQௐIXHOௐPHUFKDQWVௐZLWKLQௐWKHௐ VHDUFKௐSDUDPHWHUVௐDWௐWKHௐWLPHௐRIௐSXUFKDVH
%DVHGௐRQௐWKHௐGLIIHUHQFHௐEHWZHHQௐSXUFKDVHௐSULFHௐDQGௐSRWHQWLDOௐSULFHௐWLPHVௐWKHௐ DPRXQWௐRIௐIXHOௐSXUFKDVHGௐZHௐHVWLPDWHௐSRWHQWLDOௐDQQXDOௐVDYLQJVௐIRUௐDௐIOHHWௐRIௐVLPLODUௐ VL]HௐWRௐEH

ௐௐZKHQௐWKHௐVHDUFKௐLQFOXGHGௐIXHOௐVLWHVௐZLWKLQௐRQHௐPLOHௐRIௐWKHௐSRLQWௐRIௐSXUFKDVH

ௐௐZLWKLQௐௐPLOHV

ௐௐZLWKLQௐௐPLOHV
7KHௐ9R\DJHUௐPRELOHௐ$SSௐZDVௐGHYHORSHGௐWRௐDVVLVWௐZLWKௐVDYLQJV $ௐPDMRUௐEDUULHUௐWRௐIOHHWௐVDYLQJVௐLQௐVLPLODUௐPRELOHௐDSSVௐLVௐGULYHUௐUHVLVWDQFHௐWRௐ DGRSWLRQௐ'LVFXVVLRQVௐZLWKௐFOLHQWௐIOHHWVௐOHGௐXVௐWRௐLQFOXGHௐWKHௐIROORZLQJௐIHDWXUHVௐRQௐWKHௐ 9R\DJHUௐPRELOHௐDSSௐZKLFKௐFDQQRWௐEHௐIRXQGௐRQௐFRPSHWLQJௐDSSV

6HDUFKE\URXWH²$OORZVௐGULYHUVௐWRௐFRQVWUDLQௐVHDUFKHVௐWRௐWKHLUௐURXWHௐRIௐWUDYHOௐ2WKHUௐ DSSVௐDOORZௐRQO\ௐVHDUFKHVௐLQௐDௐXQLIRUPௐUDGLXVௐDURXQGௐWKHௐGULYHU¶VௐORFDWLRQௐZLWKௐQRௐ LQGLFDWLRQௐRIௐZKLFKௐVLWHVௐPD\ௐEHௐLQௐWKHௐGLUHFWLRQௐRIௐWUDYHO &XVWRPௐVLWHV²0DNHVௐFDUGௐORFNௐDQGௐSULYDWHௐVLWHVௐYLVLEOHௐWRௐGULYHUVௐDORQJVLGHௐ FRPPHUFLDOௐVLWHV
'LVFRXQWௐVLWHV²)ODJVௐFRPPHUFLDOௐVLWHVௐZKHUHௐWKHௐIOHHWௐUHFHLYHVௐDௐSURSULHWDU\ௐGLVFRXQW 7UXFNௐVWRSௐORFDWLRQV²'LIIHUHQWLDWHVௐEHWZHHQௐFRQVXPHUௐGLHVHOௐSXPSVௐ ORZௐFDQRS\
ௐ
DQGௐWUXFNௐVWRSVௐ
KLJKௐFDQRS\
ௐIRUௐWKHௐEHQHILWௐRIௐWUDFWRUௐWUDLOHUௐGULYHUV
)XHOௐW\SHV²3URYLGHVௐWKHௐORFDWLRQௐRIௐERWKௐSHWUROHXPEDVHGௐDQGௐDOWHUQDWLYHௐIXHOVௐLQௐWKHௐ VDPHௐDSSௐIRUௐPL[HGௐIOHHWV
&RPPHQWௐVKDULQJ²(QDEOHVௐGULYHUVௐZLWKLQௐDௐIOHHWௐWRௐORJௐDQGௐVKDUHௐFRPPHQWVௐZLWKௐ WKHLUௐSHHUV
7KHVHௐIHDWXUHVௐORZHUௐEDUULHUVௐWRௐGULYHUௐDGRSWLRQௐLQFUHDVHௐGULYHUௐLQIRUPDWLRQௐDQGௐ LPSURYHௐSRWHQWLDOௐVDYLQJV
3RWHQWLDOௐGLVFRXQWௐVDYLQJVௐWRௐ6RXUFHZHOO
0DQ\ௐRI RXU FRPSHWLWRUV UHO\ௐXSRQ FHQWUDOL]HG WHOHPDWLFVௐSURYLGHUV IRU DFKLHYLQJௐ

Bid Number: RFP 030625 Vendor Name: U.S. Bank National Association

Bid Number: RFP 030625 Vendor Name: U.S. Bank National Association results with fuel discount networks. Our approach is unique in the market because U.S. Bank Voyager does not require a telematics solution to achieve the maximum level of discount savings.

In areas where a negotiated discount is not available, you would find additional savings by shifting fuel purchase volume to low-cost fuel providers. Through the U.S.

Bank Voyager mobile app, your drivers can identify the lowest-priced locations while in route or the nearest fueling location, saving time and fuel. 76 Demonstrate your capabilities and abilities for
payment services and data collection from
use at EV charging stations and EV charging
networks.

We formed a card acceptance relationship with ChargePoint, the largest and most open electric vehicle charging network in the United States. As a result, we've added ChargePoint and EV Connect to the Voyager Network, adding thousands of electric vehicle charging stations across the United States. These locations bring electric vehicle charging to more people and places than ever before with the largest and most open charging network in the world. Voyager has several partners who design, build and support the technology that powers an EV network, from charging station hardware to energy management software to a mobile app, transforming transportation and energy use by helping more people who choose to drive electric. *
Table 78: Depth and 8readth of Offered Solutions
Indicate below if the listed types or classes of Solutions are offered within your proposal. Provide additional comments in the text box provided, as necessary.

Line
Item Category or Type Examples Offered * Comments
77 Payment solutions for: Fuel, oil, fluids for vehicles, aircraft, watercraft
Yes
No
Offered. *
78 Electric vehicle charging and
station fees
Yes
No
Offered. The U.S. Bank
Voyager fleet card is
integrated with the
ChargePoint charging
network.
*
79 Vehicle, aircraft, and watercraftrelated maintenance, repairs, supplies and services
Yes
No
Offered.
*
80 Complementary offering of services,
including, but not limited to:

Card issuance, replacement and
account customization
Yes
No
Offered. *
81 Transaction processing and
payment settlement, transaction
statement and reporting
Yes
No
Offered.
*
82 Fleet data analytics, integrated
telematics
Yes
No
Offered. *
83 Private-site fuel location
payment or data services
Yes
No
Offered. *
84 Digital and mobile applications Yes
No
Offered. *
85 Training and technical and
customer support
Yes
No
Offered. *
Exceptions to Terms, Conditions, or Specifications Form Only those Proposer Exceptions to Terms, Conditions, or Specifications that have been accepted by Sourcewell have been incorporated into the contract text.

Documents

(QVXUH\RXUVXEPLVVLRQGRFXPHQW
V
FRQIRUPVWRWKHIROORZLQJ

'RFXPHQWVLQ3')IRUPDWDUHSUHIHUUHG'RFXPHQWVLQ:RUG([FHORUFRPSDWLEOHIRUPDWVPD\DOVREHSURYLGHG 'RFXPHQWVVKRXOG127KDYHDVHFXULW\SDVVZRUGDV6RXUFHZHOOPD\QRWEHDEOHWRRSHQWKHILOH,WLV\RXUVROHUHVSRQVLELOLW\WR HQVXUHWKDWWKHXSORDGHGGRFXPHQW
V
DUHQRWHLWKHUGHIHFWLYHFRUUXSWHGRUEODQNDQGWKDWWKHGRFXPHQWVFDQEHRSHQHGDQGYLHZHGE\ 6RXUFHZHOO
6RXUFHZHOOPD\UHMHFWDQ\UHVSRQVHZKHUHDQ\GRFXPHQW V
FDQQRWEHRSHQHGDQGYLHZHGE\6RXUFHZHOO
,I\RXQHHGWRXSORDGPRUHWKDQRQH

GRFXPHQWIRUDVLQJOHLWHP\RXVKRXOGFRPELQHWKHGRFXPHQWVLQWRRQH]LSSHGILOH,IWKH ]LSSHGILOHFRQWDLQVPRUHWKDQRQH

GRFXPHQWHQVXUHHDFKGRFXPHQWLVQDPHGLQUHODWLRQWRWKHVXEPLVVLRQIRUPDWLWHPUHVSRQGLQJ WR)RUH[DPSOHLIUHVSRQGLQJWRWKH0DUNHWLQJ3ODQFDWHJRU\VDYHWKHGRFXPHQWDV³0DUNHWLQJ3ODQ´ 3ULFLQJ([KLELW9R\DJHU)LQDQFLDO3URSRVDOSGI7KXUVGD\0DUFK

)LQDQFLDO6WUHQJWKDQG6WDELOLW\)LQDQFLDO6WUHQJWKDQG6WDELOLW\H[KLELWVSGI:HGQHVGD\0DUFK

0DUNHWLQJ3ODQ6DPSOHV0DUNHWLQJ3ODQ6DPSOHV'RFXPHQWVSGI7KXUVGD\0DUFK

:0%(0%(6%(RU5HODWHG&HUWLILFDWHV

RSWLRQDO

6WDQGDUG7UDQVDFWLRQ'RFXPHQW6DPSOHV6WDQGDUG7UDQVDFWLRQ'RFXPHQW([KLELWVSGI:HGQHVGD\0DUFK

5HTXHVWHG([FHSWLRQV5HTXHVWHG([FHSWLRQVGRF[:HGQHVGD\0DUFK

8SORDG$GGLWLRQDO'RFXPHQW$GGLWLRQDO'RFXPHQW([KLELWVSGI:HGQHVGD\0DUFK

Bid Number: RFP 030625 Vendor Name: U.S. Bank National Association

$GGHQGD7HUPVDQG&RQGLWLRQV
352326(5$)),'$9,72)&203/,$1&(
,FHUWLI\WKDW,DPDQDXWKRUL]HGUHSUHVHQWDWLYHRI3URSRVHUDQGKDYHDXWKRULW\WRVXEPLWWKHIRUHJRLQJ3URSRVDO

7KH3URSRVHULVVXEPLWWLQJWKLV3URSRVDOXQGHULWVIXOODQGFRPSOHWHOHJDOQDPHDQGWKH3URSRVHUOHJDOO\H[LVWVLQJRRGVWDQGLQJLQWKH MXULVGLFWLRQRILWVUHVLGHQFH
7KH3URSRVHUZDUUDQWVWKDWWKHLQIRUPDWLRQSURYLGHGLQWKLV3URSRVDOLVWUXHFRUUHFWDQGUHOLDEOHIRUSXUSRVHVRIHYDOXDWLRQIRU DZDUG
7KH3URSRVHUFHUWLILHVWKDW

7KHSULFHVLQWKLV3URSRVDOKDYHEHHQDUULYHGDWLQGHSHQGHQWO\ZLWKRXWIRUWKHSXUSRVHRIUHVWULFWLQJFRPSHWLWLRQDQ\ FRQVXOWDWLRQFRPPXQLFDWLRQRUDJUHHPHQWZLWKDQ\RWKHU3URSRVHURUFRPSHWLWRUUHODWLQJWR
L
7KRVHSULFHV

LL
7KHLQWHQWLRQWRVXEPLWDQRIIHU
RU

LLL
7KHPHWKRGVRUIDFWRUVXVHGWRFDOFXODWHWKHSULFHVRIIHUHG

7KHSULFHVLQWKLV3URSRVDOKDYHQRWEHHQDQGZLOOQRWEHNQRZLQJO\GLVFORVHGE\WKH3URSRVHUGLUHFWO\RULQGLUHFWO\WRDQ\RWKHU 3URSRVHURUFRPSHWLWRUEHIRUHDZDUGXQOHVVRWKHUZLVHUHTXLUHGE\ODZ DQG

1RDWWHPSWKDVEHHQPDGHRUZLOOEHPDGHE\3URSRVHUWRLQGXFHDQ\RWKHUFRQFHUQWRVXEPLWRUQRWWRVXEPLWD3URSRVDOIRUWKH SXUSRVHRIUHVWULFWLQJFRPSHWLWLRQ
7RWKHEHVWRILWVNQRZOHGJHDQGEHOLHIDQGH[FHSWDVRWKHUZLVHGLVFORVHGLQWKH3URSRVDOWKHUHDUHQRUHOHYDQWIDFWVRU FLUFXPVWDQFHVZKLFKFRXOGJLYHULVHWRDQRUJDQL]DWLRQDOFRQIOLFWRILQWHUHVW$QRUJDQL]DWLRQDOFRQIOLFWRILQWHUHVWLVFUHDWHGZKHQD FXUUHQWRUSURVSHFWLYHVXSSOLHULVXQDEOHWRUHQGHULPSDUWLDOVHUYLFHWR6RXUFHZHOOGXHWRWKHVXSSOLHU¶V DFUHDWLRQRIHYDOXDWLRQFULWHULD
GXULQJSHUIRUPDQFHRIDSULRUDJUHHPHQWZKLFKSRWHQWLDOO\LQIOXHQFHVIXWXUHFRPSHWLWLYHRSSRUWXQLWLHVWRLWVIDYRU EDFFHVVWRQRQSXEOLF
DQGPDWHULDOLQIRUPDWLRQWKDWPD\SURYLGHIRUDFRPSHWLWLYHDGYDQWDJHLQDODWHUSURFXUHPHQWFRPSHWLWLRQ FLPSDLUHGREMHFWLYLW\LQ
SURYLGLQJDGYLFHWR6RXUFHZHOO
3URSRVHUZLOOSURYLGHWR6RXUFHZHOO3DUWLFLSDWLQJ(QWLWLHV6ROXWLRQVLQDFFRUGDQFHZLWKWKHWHUPVFRQGLWLRQVDQGVFRSHRIDUHVXOWLQJ PDVWHUDJUHHPHQW
7KH3URSRVHUSRVVHVVHVRUZLOOSRVVHVVDOODSSOLFDEOHOLFHQVHVRUFHUWLILFDWLRQVQHFHVVDU\WRGHOLYHU6ROXWLRQVXQGHUDQ\UHVXOWLQJ PDVWHUDJUHHPHQW
7KH3URSRVHUZLOOFRPSO\ZLWKDOODSSOLFDEOHSURYLVLRQVRIIHGHUDOVWDWHDQGORFDOODZVUHJXODWLRQVUXOHVDQGRUGHUV 3URSRVHULWVHPSOR\HHVDJHQWVDQGVXEFRQWUDFWRUVDUHQRW

,QFOXGHGRQWKH³6SHFLDOO\'HVLJQDWHG1DWLRQDOVDQG%ORFNHG3HUVRQV´OLVWPDLQWDLQHGE\WKH2IILFHRI)RUHLJQ$VVHWV&RQWURORIWKH 8QLWHG6WDWHV'HSDUWPHQWRIWKH7UHDVXU\IRXQGDW
KWWSV
ZZZWUHDVXU\JRYRIDFGRZQORDGVVGQOLVWSGI

,QFOXGHGRQWKHJRYHUQPHQWZLGHH[FOXVLRQVOLVWVLQWKH8QLWHG6WDWHV6\VWHPIRU$ZDUG0DQDJHPHQWIRXQGDW

KWWSV
VDPJRY6$0
RU
3UHVHQWO\GHEDUUHGVXVSHQGHGSURSRVHGIRUGHEDUPHQWGHFODUHGLQHOLJLEOHRUYROXQWDULO\H[FOXGHGIURPSURJUDPVRSHUDWHGE\WKH 6WDWHRI0LQQHVRWD
WKH8QLWHG6WDWHVIHGHUDOJRYHUQPHQWDVDSSOLFDEOH
RUDQ\3DUWLFLSDWLQJ(QWLW\9HQGRUFHUWLILHVDQGZDUUDQWV WKDWQHLWKHULWQRULWVSULQFLSDOVKDYHEHHQFRQYLFWHGRIDFULPLQDORIIHQVHUHODWHGWRWKHVXEMHFWPDWWHURIWKLVVROLFLWDWLRQ %\FKHFNLQJWKLVER[,DFNQRZOHGJHWKDW,DPERXQGE\WKHWHUPVRIWKH3URSRVHU¶V$IILGDYLWKDYHWKHOHJDODXWKRULW\WRVXEPLWWKLV 3URSRVDORQEHKDOIRIWKH3URSRVHUDQGWKDWWKLVHOHFWURQLFDFNQRZOHGJPHQWKDVWKHVDPHOHJDOHIIHFWYDOLGLW\DQGHQIRUFHDELOLW\DVLI, KDGKDQGVLJQHGWKH3URSRVDO7KLVVLJQDWXUHZLOOQRWEHGHQLHGVXFKOHJDOHIIHFWYDOLGLW\RUHQIRUFHDELOLW\VROHO\EHFDXVHDQHOHFWURQLF VLJQDWXUHRUHOHFWURQLFUHFRUGZDVXVHGLQLWVIRUPDWLRQ5\DQ3RWWV6HQLRU9LFH3UHVLGHQW86%DQN1DWLRQDO$VVRFLDWLRQ Bid Number: RFP 030625 Vendor Name: U.S. Bank National Association

7KH3URSRVHUGHFODUHVWKDWWKHUHLVDQDFWXDORUSRWHQWLDO&RQIOLFWRI,QWHUHVWUHODWLQJWRWKHSUHSDUDWLRQRILWVVXEPLVVLRQDQGRUWKH 3URSRVHUIRUHVHHVDQDFWXDORUSRWHQWLDO&RQIOLFWRI,QWHUHVWLQSHUIRUPLQJWKHREOLJDWLRQVFRQWHPSODWHGLQWKHVROLFLWDWLRQSURSRVDO <HV 1R
7KH%LGGHUDFNQRZOHGJHVDQGDJUHHVWKDWWKHDGGHQGXPDGGHQGDEHORZIRUPSDUWRIWKH%LG'RFXPHQW &KHFNWKHER[LQWKHFROXPQ,KDYHUHYLHZHGWKLVDGGHQGXPEHORZWRDFNQRZOHGJHHDFKRIWKHDGGHQGD )LOH1DPH
,KDYHUHYLHZHGWKH
EHORZDGGHQGXPDQG
DWWDFKPHQWV
LI

DSSOLFDEOH

3DJHV
$GGHQGXPBB5)3BB)OHHWB3D\PHQWB6ROXWLRQV
:HG)HEUXDU\
30
$GGHQGXPBB5)3BB)OHHWB3D\PHQWB6ROXWLRQV
7XH)HEUXDU\
30
$GGHQGXPBB5)3BB)OHHWB3D\PHQWB6ROXWLRQV
)UL)HEUXDU\
30
$GGHQGXPBB5)3BB)OHHWB3D\PHQWB6ROXWLRQV
7KX-DQXDU\
30
Bid Number: RFP 030625 Vendor Name: U.S. Bank National Association

Commerce City CouncilMay 26, 2026

Commerce City Council
May 26, 2026