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Awarded contract·City of Palm Bay·Florida

BANKING SERVICES

Won by TD Bank +2 more$119kMultiple Award
Contract source

Awarded vendors

  • TD Bank
  • JP Morgan Chase Bank
  • Bank of America

Description

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.

Attached files

Key dates

Duration
3 years

Last updated

Details

Award type
Multiple Award
Procurement
Full and Open Competition
Industry
Financial Services
NAICS
522110
Solicitation №
61-0-2015

Contract value

$119,224

Based on the provided information, the contract value is approximately $39,741.35 per year, as stated in the total annual fee for services provided by TD Bank. The total contract value for the 3-year term would be approximately $119,224.05.

AI estimate from the award documents

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