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Commissioners approve $18 million cash placements and contract awards for medical supplies
Summary
The board approved placing county funds across three accounts (New Hampshire PDIP, TD Bank 60‑day CD, Bar Harbor sweep) and awarded contracts for nitrile gloves and gowns to low bidders, as presented by county finance and procurement staff.
County finance staff presented a reinvestment plan for recently received funds and the commissioners approved the recommended allocations.
Treasurer Aaron presented options after soliciting bids from local banks. The board voted to deposit $5 million into the New Hampshire Public Deposit Investment Pool (PDIP), $5 million into a 60‑day certificate of deposit at TD Bank, and $8 million into a Bar Harbor sweep account that staff described as a structure to keep funds within FDIC limits by splitting deposits across banks. Staff said the TD Bank placement will be covered by a letter of credit to the Federal Home Loan Bank (FHLB) and that PDIP funds are not collateralized.
Procurement manager John Gardner presented two competitive solicitations for medical supplies. For nitrile and vinyl gloves, staff received 17 proposals and recommended awarding to the low bidders (McKesson and Geriatric Medical, per the solicitation results). For gowns the low‑cost provider was again listed as Geriatric Medical; staff estimated the gowns contract would save the county about $7,500 per year. Commissioners approved the deposit placement plan and the procurement awards by voice votes.
The board recorded no roll‑call tallies in the public transcript; motions were moved, seconded and carried by voice votes.
