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Florida Department of Financial Services: F.A.C.T.S

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Contract Information

 

Summary

Agency Name: DEPARTMENT OF FINANCIAL SERVICES

Agency Contract ID: TR172

Long Title: Moody's Investor Service

Vendor Name: MOODY'S INVESTORS SERVICE

Total Contract Amount: $16,000.00

Total Budgetary Amount: $144,000.00

Total Payment To Date: NA

Date of Execution: 12/03/2003

General Description: Moody's provides a rating for the Treasury Investment Pool. Original contract amount listed brings current from FY2003 thru FY2011. This is no cost to the agency, but is an SBA requirement and is paid by SBA.

Main Information

Agency Contract ID: TR172

FLAIR Contract ID: D0136

Short Title: Rating Ser

Long Title: Moody's Investor Service

Contract Type: Standard Two Party Agreement by Statute

Contract Status: Closed or Expired

Date of Execution: 12/03/2003

Date of Beginning: 12/03/2003

Original End Date: 09/09/2099

New Ending Date:

Agency Service Area: TR

Statutory Authority: Section 17.57

Contract Involves State or Federal Financial Assistance: No

Recipient Type:

Provide for Administrative Cost: No

Provide for Periodic Increase: No

Procurement Information

Authorized Advanced Payment: No

Method of Procurement: DFS Exemption, Investment Related Services [Section 17.57(2). F.S.]

State Term Contract ID:

Contract’s Exemption Justification: Florida Statutes 17.57(2)(x), exempts investment services. equipment or software used directly to assist in investment trading are exempt from the provisions of chapter 287.

Agency Reference Number:

Business Case Study Done: No

Legal Challenges to Procurement: No

Outsourcing / Capital Improvements

Was the Contracted Function Previously Performed by the State: No

Was the Contracted Function Considered for Insourcing back to the State: No

Did the Vendor Make Capital Improvements on State Property: No

Budget Information

Original Contract Amount: $16,000.00

Total Contract Amount: $16,000.00

Total Recurring Budgetary Amount: $144,000.00

Total Non-Recurring Budgetary Amount: $0.00

Total Budgetary Amount: $144,000.00

Total Unfunded Amount: ($128,000.00)

As of Date: 3/9/2012

Recurring Budgetary Amount Account Code Fiscal Year Effective Date FY Cost Accumulator Agency Amendment Reference
$16,000.00 43-20-2-725001-43100300-00-100777-00 07/01/2011 2011-2012
$128,000.00 43-20-2-725001-43100300-00-100777-00 12/03/2003 2003-2004


No Non-Recurring Budgetary records found for this contract.

Contract Change

No Contract Changes found for the contract.

Vendor

Name Line 1Name Line 2City State ZipMinority Vendor Designation
MOODY'S INVESTORS SERVICE ATLANTA GA 303680597 Non-Minority

CFDA

No CFDA Codes found for the contract.

CSFA

No CSFA Codes found for the contract.
More Deliverable Number      Commodity/Service Type Major Deliverable Method of Payment
     
BONDS & INVESTMENT CONSULTING SERVICES Provide rating for the Treasury Investment Pool Fixed Fee / Unit Rate
 Displaying 1 to 1 of 1    


Payments are also referred to as expenditures (creating or incurring a legal obligation to disburse money) or disbursements (the payment of expenditures). Payments include disbursements and accounting adjustments made on a contract. Payments are always positive amounts while accounting adjustments may be positive or negative depending on the type of adjustment.
  

If a payment or adjustment to a contract was made before July 1, 2012, the information may not be posted in this system.

Contract Documents


Click on the pdf icon or Agency Document Link to view the document
Document Type Document Reference # Executed Date Document Add Date Agency Document Link View
Original Contract Original Contract - D0136 12/03/2003 6/11/2012 10:17:56 AM


Audit results posted prior to June 30, 2012, appear in a summarized form. As of July 1, 2012, the audit reporting process was expanded to include additional questions and comments from the Bureau of Auditing. As audits are captured in electronic format, they will be posted to this system. If you are interested in seeing audit reports by Fiscal Year and Agency Action Plans, please click here to navigate to the Transparency Florida Contract Audit page.

  • No audits have been conducted on this contract at this time.
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