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The DC Code: § 47-351.06 Financial score.

Index47 Taxation, Licensing, Permits, Assessments, and Fees. (Refs & Annos)

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.

Historical and Statutory

Prior Codifications 1981 Ed., § 47-351.6. Emergency Act Amendments See Historical and Statutory Notes following § 47-351.01. Legislative History of Laws For legislative history of D.C. Law 12-56, see Historical and Statutory Notes following § 47-351.01. DC CODE § 47-351.06 Current through December 11, 2012

Credits

(Mar. 18, 1998, D.C. Law 12-56, § 2(c), 44 DCR 6933.)