District of Columbia Statutes

§ 47-351.06 — Financial score.

District of Columbia § 47-351.06
JurisdictionDistrict of Columbia
Title 47Taxation, Licensing, Permits, Assessments, and Fees. [Enacted title]
Ch. 3Budget and Financial Management; Borrowing; Deposit of Funds.
Subch. III-AFinancial Institutions Deposits and Investments.

This text of District of Columbia § 47-351.06 (Financial score.) is published on Counsel Stack Legal Research, covering District of Columbia primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
D.C. Code § 47-351.06 (2026).

Text

The Mayor, or the CFO pursuant to § 47-351.02(c) , shall calculate a financial score for each eligible financial institution. For each bid solicitation, the Mayor, or the CFO pursuant to § 47-351.02(c) , shall decide how much weight and how many points to give each of the following elements to calculate the financial score:

(1)Investment and deposit bids based on the rate of return that a bidder offers;
(2)Financial services bids based on the cost of service;
(3)All bids based on an assessment of risk and financial condition;
(4)All bids based on the capacity of a bidder to perform and prior performance record; and
(5)Any other criteria required to evaluate a bid.

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Legislative History

Mar. 18, 1998, D.C. Law 12-56, § 2(c), 44 DCR 6933

Nearby Sections

15
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Bluebook (online)
District of Columbia § 47-351.06, Counsel Stack Legal Research, https://law.counselstack.com/statute/dc/47-351.06.