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Awarded contract·North Central Texas Council of Governments (NCTCOG)·Texas

Depository Services

Won by Cullen/Frost Bank$1MSingle Award
Contract source

Awarded vendors

  • Cullen/Frost Bank

Description

The North Central Texas Council of Governments (NCTCOG) is seeking a financial firm to provide depository services. The primary objectives of the depository agreement are to find a depository that can provide banking services, maximize the total dollars earned by NCTCOG on account balances, maintain a good working relationship with the depository, and compensate the depository for services provided. The contract was awarded to Cullen/Frost Bank, pending NCTCOG Executive Board approval. • The contract is for depository services • The primary objectives of the depository agreement are to find a depository that can provide banking services, maximize the total dollars earned by NCTCOG on account balances, maintain a good working relationship with the depository, and compensate the depository for services provided • The contract was awarded to Cullen/Frost Bank • The contract is pending NCTCOG Executive Board approval

Attached files

Key dates

Last updated

Details

Award type
Single Award
Industry
Financial Services
NAICS
522110
Solicitation №
2023-014

Contract value

$1,000,000

The value of the contract is not explicitly stated, but based on the fact that it is for depository services, it is likely to be a significant amount. The contract involves providing banking services and maximizing the total dollars earned by NCTCOG on account balances, which suggests that the value of the contract could be in the millions of dollars. However, without more information, it is difficult to provide a precise estimate.

AI estimate from the award documents

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