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§ 47–351.06. Financial score.

DC Code § 47–351.06 (2019) (N/A)
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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.

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

1981 Ed., § 47-351.6.

This section is referenced in § 47-351.05 and § 47-351.07.

See Historical and Statutory Notes following § 47-351.01.

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§ 47–351.05. Competition for banking business.
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§ 47–351.07. Community development score.