2020_ACH_FORM.pdf

This is an Authorization Agreement for Automatic Deposits (ACH Credits) form issued by the Washington Convention and Sports Authority (WCSA), also known as Events DC, a District of Columbia government agency. The form establishes the procedural requirements for vendors and contractors to authorize automatic electronic fund transfers for payment of invoices and contract deliverables. The agreement grants WCSA authority to initiate credit entries and, if necessary, debit entries and adjustments to a designated bank account. The authorization remains in effect until WCSA receives written termination notice, providing the company and depository reasonable time to process the termination. Signatories must provide their name, title, email address, phone number, and date of signature, and must attach a voided check to verify banking information.

This form is a standard financial processing document required in connection with the District of Columbia's Invitation for Bids (IFB) for the Supply of Camfil Farr Hi-Flo ES MERV and Durafil ES Air Filters. The IFB is restricted to District of Columbia Department of Small, Local, and Business Development (DSLBD) certified business enterprises only. The ACH authorization form serves as a prerequisite for payment processing once a contract is awarded, ensuring that successful bidders have established banking infrastructure for receiving automated deposits from Events DC for supplies and services rendered under the contract.