05. ATTACHMENT 3 PRICE RESPONSE FORM.pdf

DEPARTMENT OF FINANCIAL SERVICES

PRICE RESPONSE

ATTACHMENT 3

The Contractor will be compensated on the basis of commissions charged for the sale or other liquidation of the Department’s unclaimed Securities. Any such commissions shall be charged upon the sale or other liquidation of Securities as directed by the Department. Pursuant to section 717.122(2)(a), F.S., the Department intends to authorize the selected Respondent to deduct the commissions it charges from the proceeds of Securities sales.

The Department is aware that commissions charged differ according to the issue and number of shares being sold or liquidated. Respondents to this RFP must submit a rate to be multiplied by the total dollar value of sales or liquidation proceeds realized by the Department during each calendar year, or partial calendar year, within the Contract term. The calculated amount shall be the Maximum Allowed Commissions and Transaction Costs for a calendar year or partial calendar year, and the selected Respondent shall reimburse the Department, pursuant to the terms of the Contract, for any commissions or transaction costs deducted as payment from sales proceeds that exceed this amount.

Pursuant to Section 8.d., Delayed Liquidation Model, of Attachment 2, Statement of Work, the Department may rescind any standing order to sell upon receipt, and require the selected Respondent to hold the Department’s unclaimed Securities until the selected Respondent is notified, in writing, by the Department to liquidate its positions (Delayed Liquidation Period). During the Delayed Liquidation Period, in addition to commissions on any Securities that are sold, the selected Respondent may charge a Transaction Fee, on a per transaction basis, for Securities that it reissues or transfers back to Claimants as directed by the Department. If a held Security is returned to a Claimant only the Transaction Fee shall be charged.

Instructions: Respondents must provide a rate by completing the information in the space provided below for the initial Contract period, as well as a rate for any renewal period. Respondents must also provide proposed Transaction Fees, to be charged on a per transaction basis, on Securities that it reissues or transfers back to claimants during a Delayed Liquidation Period for both the initial Contract term, as well as for any renewal period. Any proposal must include the number of free transactions that will be provided.

Price Proposal: Rate for Liquidated Securities (Maximum Allowed Commissions and Transaction Costs)

Annual deductions for fees and transaction costs will not exceed ________% of the total dollar value of sales or liquidation proceeds realized by the Department during each calendar year, or partial calendar year, within the initial contract term (applies to each year).

Annual deductions for fees and transactions cost will not exceed ________% of the total dollar value of sales or liquidation proceeds realized by the Department during each calendar year, or partial calendar year, within the contract renewal term (applies to each year).

Price Proposal: Transaction Fee per Transaction During the Delayed Liquidation Period

Contract Period Initial Contract Period (applies to each year)

Renewal Period (applies to each year)

Number of Free Transactions per Month

Transaction Fee (price per transaction)