City seeks extension of merchant processing deal
- Disclosed value
- Not to exceed $9,127,020
- From agenda
- Document date
- Jun 27, 2023
The 30-second brief
The Treasurer & Tax Collector proposed amending the City's merchant processing agreement with Banc of America Merchant Services, LLC and Bank of America N.A. to extend the term to August 14, 2024 and raise the not-to-exceed amount to $9,127,020. The contract supports Citywide credit and debit card acceptance at point-of-sale terminals.
Banc of America Merchant Services LLC holds this financial services contract with San Francisco County. Its other public contracts on record include work for Oklahoma Used Motor Vehicle, Dismantler, and Manufactured Housing Commission | State of Oklahoma.
Term as filed: August 15, 2013 through August 14, 2024 (after one-year extension).
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Contract details
- Contract type
- Financial Services
- Amount
- Not to exceed $9,127,020
- Document date
- June 27, 2023
- Term
- August 15, 2013 through August 14, 2024 (after one-year extension)
- Agency
- San Francisco County
- Source document
- City and County of San Francisco Board of Supervisors Agenda 2023-06-27 (Agenda)
Banc of America Merchant Services LLC's other public contracts
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Questions about this contract
Who was awarded the financial services contract by San Francisco County?
Banc of America Merchant Services LLC was awarded this financial services contract by San Francisco County, as recorded on June 27, 2023. The contract value is Not to exceed $9,127,020.
How much is the Banc of America Merchant Services LLC contract with San Francisco County worth?
The Banc of America Merchant Services LLC contract with San Francisco County is valued at Not to exceed $9,127,020, covering financial services work.
What type of contract is this?
This is a Financial Services contract, documented as a agenda record, structured as a not-to-exceed (ceiling) agreement.
Where was this contract approved?
This contract appears in City and County of San Francisco Board of Supervisors Agenda 2023-06-27 (Agenda), dated June 27, 2023 from San Francisco County. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Banc of America Merchant Services LLC hold?
Banc of America Merchant Services LLC 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 San Francisco County currently buying?
Explore San Francisco County's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.