City of Monterey Park Council Meeting Agenda March 2026
City Approves Banking & Procurement Card Contract with J.P. Morgan Chase
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Description
The City of Monterey Park approved a new five-year contract with J.P. Morgan Chase for its commercial banking and procurement card services, with an option to renew every five years. The City Manager is authorized to finalize the agreement.
Contract Details
Vendor
J.P. MORGAN CHASE
Agency
City of Monterey Park, CA
Contract Type
FINANCIAL_SERVICES
Document Date
March 18, 2026
Contract Term
5 years initial, option to renew every 5 years thereafter
Renewal Info
Initial five-year term with option to renew for successive five-year terms.
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