All correspondence must be made through the Vendor Portal. Specifications include, but are not limited to: Collective Entity desires to establish a contractual relationship with the Collective Entity’s Bank(s) to provide comprehensive banking services to the County and JCPRD and act as the primary depository for Collective Entity funds. A separate contract will be established for each entity. The County’s and JCPRD’s Bank(s) will be obligated to provide for: Immediate, secure deposit and transfer of funds into service accounts; Availability of funds for investment purposes and to meet obligations of the Collective Entity; Accurate and satisfactory collateralization of all Collective Entity funds; Immediate and adequate accounting for all Collective Entity funds; Compliance with all applicable laws, rules, and regulations of federal, state, and local governing entities; and Online services and reporting to include daily statements or real-time statements when possible.
