Consent 3.
Regular Board of Supervisors Meeting
County Treasurer
- Meeting Date:
- 06/11/2013
- Title:
- Contract Renewal for Banking Services
- Submitted By:
- Dave Seward, Procurement
- Department:
- Procurement
Presentation:
No A/V Presentation
Recommendation:
Approve
Document Signatures:
BOS Signature Required
# of ORIGINALS
Submitted for Signature:
Submitted for Signature:
2
NAME
of PRESENTER:
of PRESENTER:
N/A
TITLE
of PRESENTER:
of PRESENTER:
N/A
Mandated Function?:
Federal or State Mandate
Source of Mandate
or Basis for Support?:
or Basis for Support?:
Docket Number (If applicable):
Information
Agenda Item Text:
Approve the renewal of Request for Proposals (RFP) No. 10-46-TRE-03 for Banking Services with JP Morgan Chase Bank for the County Treasurer for the period of July 1, 2013 through June 30, 2015.
Background:
On June 25, 2010, the Board of Supervisors approved the award of RFP No. 10-46-TRE-03 for Banking Services for the County Treasurer. The terms of the contract specified a 3-year contract with the option to renew for an additional 2-year period. The Treasurer has agreed to renew the contract for the additional 2-year period and the vendor has agreed to comply with the original terms, conditions and pricing for the additional 2-year period.
Department's Next Steps (if approved):
Execute renewal contract and monitor performance.
Impact of NOT Approving/Alternatives:
County would not be in compliance with ARS §35-325.
To BOS Staff: Document Disposition/Follow-Up:
Procurement will hand carry renewal contracts to Clerk of the Board.
Fiscal Impact
- Fiscal Year:
- One-time Fixed Costs? ($$$):
- Ongoing Costs? ($$$):
- County Match Required? ($$$):
- A-87 Overhead Amt? (Co. Cost Allocation $$$):
- Source of Funding?:
Fiscal Impact & Funding Sources (if known):
Miscellaneous bank fees as proposed