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Committee awards liquidity management RFQ to Three + One for $47,808 annually
Summary
After receiving two bids—Three + One at $47,808 and DebtBook at $112,350—the committee awarded the RFQ for liquidity analysis and management services to Three + One for an annual cost of $47,808; motion carried 5-0.
Mitch Alger presented proposals for liquidity analysis and management services and reported two bids: Three + One at $47,808 annually and DebtBook at $112,350. The committee awarded the RFQ to Three + One on a motion by William Thew, seconded by Jeffrey P. Horton; the motion carried 5-0. The minutes record the award language and the comparison of bids.
The county's procurement policy requires re-solicitation after five years; the minutes note that Three + One is the incumbent and provided the lower bid. No objections to the award were recorded in the minutes.
