Government Contract | West Virginia
Banking Services

Bid Information

Bid Alert No: 00000537677

Bid Title: Banking Services

Agency Bid No. Title: Not Stated

Received Date: 04/11/2016

Close Date: 04/27/2016

Purchase Type: 1 year term

Delivery Point:

Delivery Date: Not Stated


Specifications include, but are not limited to:In order to be considered, the financial instituted must, at a minimum, meet all of the below listed requirements. Failure to meet any of the below listed requirements will be cause for immediate disqualification of the proposal. I. A l l o f t h e f u n d s h a n d l e d b y t h e C o u n t y C l e r k s F i n a n c e O f f i c e r e q u i r e c h e c k s w i t h t h e design and specifications of the County Clerk or his designee. II. The selected financial institution must maintain qualified securities as collateral for the deposits in accordance with WV State Code. The financial institution must assure that the securities will, at all times, exceed the aggregate balances of all accounts. III. There shall be no service charges applied to any account. IV. Berkeley County requires that the necessary supply of checks, deposit tickets, endorsement stamps, and other items pertinent to the operation of the accounts as r e q u i r e d b y t h e S h e r i f f s T a x O f f i c e a n d F i n a n c e O f f i c e b e s u p p l i e d a t n o charge. V. All accounts must receive a monthly statement no later than the first business day of each month. There shall be two separate distribution of these statements with one going to the C o u n t y C l e r k s F i n a n c e O f f i c e a n d o n e g o i n g t o t h e S h e r i f f / T r e a s u r e r s O f f i c e VI. A significant factor in determining the award of the banking services contract will be the proposed rate of return on deposited funds. In order to have a uniform method of comparing the rate of return on deposited funds interested financial institutions must list their rate of return as a percentage (%) of the prime rate

Bid Related Documents

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Product Code: 94625

Agency Information

Issuing Agency: County of Berkeley

State: West Virginia

Agency Type: State and Local

Contact: Alan J. Davis 400 West Stephen Street, Room 201, Martinsburg, West Virginia, 25401

Phone: 304-267-5102



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