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Awarded contract·Charlotte County Public Schools (FL)·Florida

Public Depository for Short Term Deposits

Won by Florida Community Bank +2 more$100kMultiple Award
Contract source

Awarded vendors

  • Florida Community Bank
  • BB&T
  • JP Morgan

Description

The contract is for a public depository for short-term deposits. The district wishes to conduct business with a depository to maximize interest on its short-term deposits. The scope of work includes providing depository services for the district's short-term deposits. The evaluation committee recommends the rank order of the vendors based on the award criteria set forth in the Invitation to Negotiate (ITN). • The contract is for depository services for short-term deposits. • The district aims to maximize interest on its short-term deposits. • The evaluation committee recommends the rank order of the vendors. • The top-ranked vendor is Florida Community Bank. • The contract does not include other lines of business with the selected depository.

Attached files

Key dates

Last updated

Details

Award type
Multiple Award
Procurement
Full and Open Competition
Industry
Financial Services
NAICS
522110
Solicitation №
13/14-74SL

Contract value

$100,000

The value of the contract is not explicitly stated in the documents. However, based on the scope of work and the fact that it is a depository services contract for short-term deposits, it is likely that the value is relatively low, possibly in the range of tens of thousands to hundreds of thousands of dollars. The district's goal is to maximize interest on its short-term deposits, which suggests that the contract value may be influenced by the interest rates offered by the selected depository. Without more information, it is difficult to provide a more accurate estimate.

AI estimate from the award documents

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