CN-550000-BDX97.pdf

This is a Master Contract for E-Payment Solutions and Services between the Florida Department of Financial Services, Division of Treasury, and Bank of America, N.A., including Bank of America Merchant Services, LLC. The contract is authorized under Section 215.322 of Florida Statutes, which enables state agencies, the judicial branch, and units of local government to accept credit cards, charge cards, debit cards, and electronic funds transfers.

The contract provides payment processing services for state and local government participants, with a five-year term that can be renewed for additional five-year periods. Optional services include account update services, TransArmor Service, Data File Manager Service, MobilePay Service, and PayPoint Service. The contract establishes pricing, payment procedures, and operational guidelines for electronic payment transactions. Bank of America will provide these services subject to the Payment Card Organization Rules and state regulations, with provisions for data security, confidentiality, and compliance with federal and state laws. The contract includes detailed terms for service delivery, performance standards, liability limitations, and exit transition responsibilities.