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Awarded contract·Pinal County·Arizona

Banking Services & Trust Safekeeping Services

Won by Wells Fargo Bank, N.A.$15MSingle Award
Contract source

Awarded vendors

  • Wells Fargo Bank, N.A.

Description

This contract is for banking services and trust safekeeping services provided by Wells Fargo Bank, N.A. to Pinal County. The contract term is three years, from July 1, 2023, to June 30, 2026. The contract includes provisions for termination, payment, and performance. The services provided under this contract include deposit accounts, treasury management services, and trust services. Key aspects of the contract include: * The contract term and termination provisions * Payment terms and pricing schedule * Performance requirements and expectations * Provisions for confidentiality, data protection, and intellectual property * Termination and dispute resolution procedures * Compliance with applicable laws and regulations, including Arizona state laws and federal laws. Some of the key benefits of this contract to Pinal County include: * Access to a range of banking and trust services * Competitive pricing and terms * Experienced and reliable service provider * Flexibility in contract terms and termination provisions * Strong provisions for confidentiality, data protection, and intellectual property.

Attached files

Key dates

Starts
7/1/2023
Ends
6/30/2026Renews
Duration
3 years

Last updated

Details

Award type
Single Award
Procurement
Full and Open Competition
Industry
Financial Services
NAICS
522110
Solicitation №
240228RFP

Contract value

$15,000,000

The contract value is not explicitly stated in the provided documents. However, based on the scope of work and the services provided, it can be estimated that the contract value is likely in the range of $1 million to $5 million per year, depending on the specific services utilized by Pinal County. This estimate is rough and may vary depending on various factors, such as the volume of transactions, the number of accounts, and the level of services required.

AI estimate from the award documents

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