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School board asks staff to research banking contract and procurement practices after long relationship with Synovus
Summary
Board members questioned why Muscogee County School District has not periodically rebid its depository relationship (Synovus) and directed staff to research how other districts issue banking RFPs, estimated transition costs and possible policy changes; no procurement decisions were made at the work session.
Board members debated Feb. 10 whether the Muscogee County School District should re-solicit proposals for banking services after what several members described as a long-standing relationship with Synovus Bank.
Board member Janice Buckner (listed in committee discussion) asked why district banking services had not been competitively re-bid on a periodic cycle. Staff said the district historically put the services out for bid in 1997 and again every five years for a time; staff…
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