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D.C. Code § 47-351.06

Financial score.

Official textus-dc/statcode.dccouncil.gov
Summarize

The Mayor, or the CFO pursuant to § 47-351.02(c), shall calculate a financial score for each eligible financial institution. For each bid solicitation, the Mayor, or the CFO pursuant to § 47-351.02(c), shall decide how much weight and how many points to give each of the following elements to calculate the financial score:

# (1)

Investment and deposit bids based on the rate of return that a bidder offers;

# (2)

Financial services bids based on the cost of service;

# (3)

All bids based on an assessment of risk and financial condition;

# (4)

All bids based on the capacity of a bidder to perform and prior performance record; and

# (5)

Any other criteria required to evaluate a bid.

Source: official DC Code section page (code.dccouncil.gov)

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In this chapter (40 sections)
  1. 47-340.33 · Limited liability.
  2. 47-340.34 · District officials.
  3. 47-340.35 · Maintenance of documents.
  4. 47-340.36 · Information reporting.
  5. 47-341 · Definitions.
  6. 47-342 · Mayor to invest or deposit certain funds.
  7. 47-343 · Selection of depositories and investments.
  8. 47-344 · Ranking of depositories; qualifying loans; information…
  9. 47-345 · Limitation on amount.
  10. 47-345.01 · Cashing government checks of District residents required.
  11. 47-346 · Required collateral and financial information.
  12. 47-347 · Public disclosure of certain information; required reports by…
  13. 47-348 · Termination of depositories or refusal of contracts; immediate…
  14. 47-349 · Powers of Mayor and District of Columbia Auditor;…
  15. 47-350 · Authorized staff for District of Columbia Auditor and…
  16. 47-351.01 · Definitions.
  17. 47-351.02 · Powers of the Mayor.
  18. 47-351.03 · General deposit and investment requirements.
  19. 47-351.04 · Eligibility requirements; bidding; awards process.
  20. 47-351.05 · Competition for banking business.
  21. 47-351.06 · Financial score.
  22. 47-351.07 · Community development score.
  23. 47-351.08 · Collateral and reporting requirements.
  24. 47-351.09 · Linked deposits for community development lending.
  25. 47-351.10 · Preservation of banking services.
  26. 47-351.11 · District funds reserved for certain insured institutions.
  27. 47-351.12 · Public disclosure.
  28. 47-351.13 · Protection of District funds at risk.
  29. 47-351.14 · Check cashing; identification.
  30. 47-351.15 · Penalties.
  31. 47-351.16 · Rulemaking.
  32. 47-355.01 · Definitions.
  33. 47-355.02 · Limitations on expenditures and obligating amounts.
  34. 47-355.03 · Reporting requirements of managers.
  35. 47-355.04 · Reporting requirements of agency heads and chief financial…
  36. 47-355.05 · Reporting requirements of the Chief Financial Officer and…
  37. 47-355.06 · Penalties.
  38. 47-355.07 · Board of Review for Anti-Deficiency Violations.
  39. 47-355.08 · Notice requirement.
  40. 47-361 · Definitions.
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