The County's Treasurer seeks organizations/agencies who will submit proposals for custodial and securities lending services. The organization/agency will collect all coupons due on securities held and monitor and collect income due to the County. The organization/agency will create, maintain, and retain all records relating to securities held in custody in client accounts to meet the requirements and obligations under generally accepted accounting principles. In addition, they will provide monthly activity statements and reports for all accounts, including the market value of all securities. The statement cut-off should be the last day of the month on which the debt markets are open. Statements must be sent by no later than the 5th business day of the following month. 2.1. Scope of Work The County's Treasurer currently utilizes safekeeping and custody services for investments which include, but are not limited to: A. United States Treasury Bills, Notes and Certifications of Indebtedness B. Federal Agency Securities C. Bankers Acceptances D. Commercial Paper E. Negotiable Certificates of Deposit F. Asset Backed Securities G. U.S. Instrumentalities
