Summary of Specifications:
The Okaloosa County Clerk of Circuit Court & Comptroller, acting in his capacity as custodian of County funds and Chief Financial Officer of Okaloosa County, Florida, a political subdivision of the State of Florida, is soliciting proposals from qualified financial institutions (as defined by Florida Statute 280.02) licensed in the State of Florida for the purpose of providing banking services and to act as a depository bank for the Okaloosa County Board of County Commissioners (BOCC) and the Okaloosa County Clerk of Court & Comptroller (COC), collectively, “the Clerk”. Banking services will be contracted for five (5) years with three (3) optional one (1) year renewals.
This Request for Proposal (RFP) is intended to identify the financial institution best qualified to meet the cash management goals of the Clerk, at the most favorable consistent cost. These goals are enumerated below:
• Innovative Ideas-Technology • Maximum accountability and minimum risk • Lowest cost to the taxpayer • Maximizing return on overnight investment
