UCF - Personal Service Contract for Depository Accounts

The Ohio Agency Administered IDV (CTR031623) is a comprehensive contract focused on banking and investment services, specifically designed to provide state agencies with flexible financial solutions. The contract enables procurement of banking-related products and services under the UNSPSC category 84120000, which encompasses a wide range of financial offerings. This indefinite delivery vehicle allows Ohio state entities to access standardized banking resources through a pre-negotiated agreement, streamlining the procurement process for financial services.

Huntington National Bank has been awarded the prime contract, with the Agency Administered IDV operational from July 1, 2025, through June 30, 2027. The contract is administered by COM100000 Administration COMTUSG and covers the entire state of Ohio. As an agency-administered contract type, it provides a structured mechanism for state organizations to efficiently acquire banking and investment services with predefined terms and conditions. While specific contract value details are not provided, the two-year performance period suggests a robust and comprehensive financial service arrangement for Ohio state agencies.