Merchant processing contract amendment with Banc of America
- Disclosed value
- Not to exceed $9,127,020 (increase of $1,127,020)
- From minutes
- Document date
- Jul 19, 2023
- Term
- August 15, 2013 – August 14, 2024
The 30-second brief
The Budget and Finance Committee recommended amending the City’s merchant processing agreement with Banc of America Merchant Services, LLC, raising the not-to-exceed amount to $9,127,020 and extending the term through August 14, 2024. The agreement enables the City to accept credit and debit cards with 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 – August 14, 2024.
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Contract details
- Contract type
- Financial Services
- Amount
- Not to exceed $9,127,020 (increase of $1,127,020)
- Document date
- July 19, 2023
- Term
- August 15, 2013 – August 14, 2024
- Agency
- San Francisco County
- Source document
- City and County of San Francisco Budget and Finance Committee Meeting Minutes 2023-07-19 (Minutes)
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 July 19, 2023. The contract value is Not to exceed $9,127,020 (increase of $1,127,020).
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 (increase of $1,127,020), covering financial services work.
What type of contract is this?
This is a Financial Services contract, documented as a minutes record, structured as a not-to-exceed (ceiling) agreement.
Where was this contract approved?
This contract appears in City and County of San Francisco Budget and Finance Committee Meeting Minutes 2023-07-19 (Minutes), dated July 19, 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.