CONTRACTAPPROVED

Elk County Water District Awards $100,000 Financial Services Contract to Savings Bank (August 2023)

Elk County Water District
Disclosed value
$100,000
From minutes
Approved
Aug 2, 2023

The 30-second brief

What it covers

Elk County Water District approved investing $100,000 of its Capital Reserve funds in a 6‑month certificate of deposit at Savings Bank at a 4% interest rate. The CD will automatically roll over upon maturity unless the District opts out within a 10‑day window.

Who holds it

Savings Bank holds this financial services contract with Elk County Water District. Its other public contracts on record include work for Lake Park Police Department and City of Lake Park.

What happens next

Term as filed: 6 months CD at 4% interest; CD will roll over at maturity unless District cancels within 10-day window.

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Contract details

Contract type
Financial Services
Amount
$100,000
Document date
August 2, 2023
Term
6 months CD at 4% interest; CD will roll over at maturity unless District cancels within 10-day window
Source document
elk-county-water-district-board-meeting-minutes-august-2-2023_8d0.pdf (Minutes)

Savings Bank's other public contracts

More Elk County Water District contracts

Questions about this contract

Who was awarded the financial services contract by Elk County Water District?

Savings Bank was awarded this financial services contract by Elk County Water District, as recorded on August 2, 2023. The contract value is $100,000.

How much is the Savings Bank contract with Elk County Water District worth?

The Savings Bank contract with Elk County Water District is valued at $100,000, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a minutes record.

Where was this contract approved?

This contract appears in elk-county-water-district-board-meeting-minutes-august-2-2023_8d0.pdf (Minutes), dated August 2, 2023 from Elk County Water District. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Savings Bank hold?

Savings Bank may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

What is Elk County Water District currently buying?

Explore Elk County Water District's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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