The contract is for the installation, operation, and maintenance of an automated teller machine (ATM) in the HTC Center at Coastal Carolina University. The contract was awarded to Branch Banking and Trust Company for a monthly guarantee of $725.00, with a total potential value of $21,025.00 over the contract period. The contract started on August 17, 2017, and ended on January 31, 2020. Key points of the contract include:
• The contractor is responsible for installing, operating, and maintaining the ATM.
• The university assumes no liability for any expenses incurred prior to the effective date of the contract.
• A Certificate of Insurance (COI) must be furnished prior to commencement of services.
• The contract has a maximum period of 29 months.