Title: Depositary of Frankin County Funds

Deadline: 5/23/2023 2:00 PM   (UTC-06:00) Central Time (US & Canada)

Status: Awarded

Solicitation Number: 202311

Description: Franklin County is requesting bids from banks who are interested in becoming the
County Depository. It is anticipated that the contract shall commence on or about July 1st
,
2023 for a two-year term with the option to renew, at both parties discretion, up to one
additional two-year period for a total of four years. In the event the awardee desires not to
renew for a subsequent contract period, the awardee shall notify the County in writing no
later than sixty (60) days prior to the contract expiration date.
The County’s goal is to maximize earnings on its funds while utilizing bank
management’s systems.
All banks are invited to participate in this depositary agreement procedure. Preference
will be given to participating banks that bid on all sections.
The County reserves the right to accept or reject any and/or all bids regarding the
Depository Pledge and Loan Agreement. 

Documents:

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