The City of Palm Bay is seeking banking services for a period of 3 years with the option to extend for 2 additional 1-year terms. The contract includes various services such as balance related services, depository services, account maintenance, and wire transfer services. The city reserves the right to award component services to more than one bank if it is in the best interest of the city. The contract is valued at approximately $39,741.35 per year, based on the total annual fee for services provided by TD Bank.
• The contract includes a wide range of banking services, including balance related services, depository services, and wire transfer services.
• The city reserves the right to award component services to more than one bank if it is in the best interest of the city.
• The contract term is 3 years with the option to extend for 2 additional 1-year terms.
• The contract value is approximately $39,741.35 per year, based on the total annual fee for services provided by TD Bank.
• The city's bid contact, Susan Blair, is the point of contact for the agency, and her contact information is provided.