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State Contract Reporting System

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: OFR-SEC-0021

Long Title: Securities Participation Agreement

Vendor Name: BANK OF AMERICA NA

Total Contract Amount: $18,000.00

Total Budgetary Amount: $18,000.00

Total Payment To Date: $12,328.23

Date of Execution: 08/06/2013

General Description: Provides the Office with the ability to electronically accept Visa, MasterCard, Discover, American Express and ACH payments for goods and services. This contract is based on a fee-netting model. The OFR does not receive an invoice for services rendered. Terms and conditions for this arrangement are defined and approved within the amendments to the master contract (TR175). Ownership of the master contract is with DFS Treasury. A copy of the master contract and amendments can be found under the "Documents" tab herein.

Main Information

Agency Contract ID: OFR-SEC-0021

FLAIR Contract ID: F0021

Short Title: Epayments

Long Title: Securities Participation Agreement

Contract Type: Standard Two Party Agreement by Statute

Contract Status: Closed or Expired

Date of Execution: 08/06/2013

Date of Beginning: 08/06/2013

Original End Date: 12/30/2021

New Ending Date:

Agency Service Area: FI

Statutory Authority: 215.322, F.S.

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: Agency Invitation to Negotiate [s. 287.057(1)(c), F.S.]

State Term Contract ID:

Contract’s Exemption Justification:

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: $18,000.00

Total Contract Amount: $18,000.00

Total Recurring Budgetary Amount: $18,000.00

Total Non-Recurring Budgetary Amount: $0.00

Total Budgetary Amount: $18,000.00

Total Unfunded Amount: $0.00

As of Date: 8/26/2015

Recurring Budgetary Amount Account Code Fiscal Year Effective Date FY Cost Accumulator Agency Amendment Reference
$6,000.00 43-50-2-573005-43900570-00-100777-00 07/01/2015 2015-2016
$6,000.00 43-50-2-573005-43900570-00-100777-00 07/01/2014 2014-2015
$6,000.00 43-50-2-573005-43900570-00-100777-00 07/01/2013 2013-2014


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
BANK OF AMERICA NA BANK OF AMERICA DALLAS TX 752842425 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
     
 BANKING, FINANCIAL SERVICES Programming Fee: Customization Fee (Per hour) Fixed Fee / Unit Rate
     
 BANKING, FINANCIAL SERVICES Chargeback Fees (per item) Fixed Fee / Unit Rate
     
 BANKING, FINANCIAL SERVICES Billing: Non-debited or requested non-standard preparation and handling fees, this fee is 1.002% of... Fixed Fee / Unit Rate
     
 BANKING, FINANCIAL SERVICES Reporting Fees: Access to delivered on-line BAMS reports (per Agency per month) Fixed Fee / Unit Rate
     
 BANKING, FINANCIAL SERVICES Maintenance Fees: PCG/RPO - Web Monthly Fixed Fee / Unit Rate
     
 BANKING, FINANCIAL SERVICES Web Transaction Fees: PCG/RPO - Monthly transaction volume more than 100,000 (per transaction) Fixed Fee / Unit Rate
     
 BANKING, FINANCIAL SERVICES Web Transaction Fees: PCG/RPO - Monthly transaction volume more than 50,000 less than 100,000 (per ... Fixed Fee / Unit Rate
     
 BANKING, FINANCIAL SERVICES Web Transaction Fees: PCG/RPO - Monthly transaction volume more than 25,000 less than 50,000 (per t... Fixed Fee / Unit Rate
     
 BANKING, FINANCIAL SERVICES Web Transaction Fees: PCG/RPO - Monthly transaction volume less than 25,000 (per transaction) Fixed Fee / Unit Rate
     
 BANKING, FINANCIAL SERVICES Interchange, dues and assessments; these fees are pass-through and can be found on attached price sh... Fixed Fee / Unit Rate
     
 BANKING, FINANCIAL SERVICES Transaction Authorization and Settlement fees: VS/MC/DC full service/Amex/Discover/Pin-debit transac... Fixed Fee / Unit Rate
 Displaying 1 to 11 of 11    


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.

Payment Details

"Date" in the listing below indicates the date the payment voucher was recorded in the system, not the date the payment was issued.
More Fiscal Year Total Amount
     
 2015-2016 $1,486.08
     
 2014-2015 $5,424.50
     
 2013-2014 $5,417.65

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 - F0021 08/06/2013 6/6/2014 8:17:07 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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