Authorize a five-year service contract, with two one-year renewal options, for banking depository services for the City Controller’s Office and Water Utilities Department - JPMorgan Chase Bank, N.A., most advantageous proposer of seven - Not to exceed $1,596,992.11 - Financing: General Fund ($1,277,593.69) and Dallas Water Utilities Fund ($319,398.42) (subject to annual appropriations)

What this record is

Amount

$1.60M

Runs until

July 24, 2029 3 years away date calculated from a contract term stated in the record, not quoted directly

Type

amendment

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Read automatically from the title of the official record. The source document below is authoritative.

Committee

Office of Procurement Services

Requested by

Office of Procurement Services (POM)

Introduced

July 24, 2024

On agenda

September 11, 2024

Enactment no.

24-1296; APPROVED

Where it was heard

City Council Sep 11, 2024

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