DFS Header

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

Tweet

Contract Information

 

Summary

Agency Name: DEPARTMENT OF FINANCIAL SERVICES

Agency Contract ID: TR208

Long Title: Custodial Agreement

Vendor Name: VALIC RETIREMENT SERVICES COMPA

Total Contract Amount: $0.00

Total Budgetary Amount: $0.00

Total Payment To Date: NA

Date of Execution: 01/27/2017

General Description: A custodial account established by the State of Florida c/o Department of Financial Services to hold, administer, and distribute amounts pursuant to the terms of the State of Florida 401(a) FICA Alternative Plan, also referred to as the Social Security Alternative Retirement Income Security Program for Other Personal Service (OPS) Employees, established pursuant to Section 401(a) of the Internal Revenue Code of 1986, which provides for 414h pick-up contributions.

Main Information

Agency Contract ID: TR208

FLAIR Contract ID: D1105

Short Title: Cust Agree

Long Title: Custodial Agreement

Contract Type: Three or More Party Agreement

Contract Status: Active

Date of Execution: 01/27/2017

Date of Beginning: 02/01/2017

Original End Date: 09/09/2099

New Ending Date:

Agency Service Area: TR

Statutory Authority: FS 110.1315

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: No Cost Procurement

State Term Contract ID:

Contract’s Exemption Justification: No cost to the State.

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: $0.00

Total Contract Amount: $0.00

Total Recurring Budgetary Amount: $0.00

Total Non-Recurring Budgetary Amount: $0.00

Total Budgetary Amount: $0.00

Total Unfunded Amount: $0.00

As of Date: 2/6/2017

Recurring Budgetary Amount Account Code Fiscal Year Effective Date FY Cost Accumulator Agency Amendment Reference
$0.00 02/06/2017 2016-2017


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
VALIC RETIREMENT SERVICES COMPA HOUSTON TX 770190000 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
     
1 Securities Custodial Services AIG Federal Savings Bank shall open and maintain the Custodial Account. No Cost
 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 - D1105 01/27/2017 2/6/2017 12:21:42 PM


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.
BACK TO TOP    



2011 © Florida Department of Financial Services