EFT_FORM.pdf

This is an Electronic Funds Transfer (EFT) Authorization Form issued by the Clay County Clerk of Court and Comptroller in Florida. The form authorizes Clay County's Comptroller Department and the vendor's designated financial institution to initiate electronic credit transfers and, if necessary, debit entries and adjustments for erroneous credits. The authorization remains in effect until the vendor submits written cancellation to the Comptroller Department. The form requires vendors to provide their complete banking information, including the financial institution name, account type (checking, savings, or other), transit/ABA/routing number, and account number. Vendors are advised to contact their financial institutions for accurate EFT information and may request direct deposit or EFT authorization letters or provide voided checks as supporting documentation. An authorized representative must sign and date the form to complete the authorization process.

This form is a standard administrative requirement for the Lake Geneva Restoration Project, a 342-acre environmental restoration initiative in Clay County, Florida, where the successful contractor must remove trees measuring four inches or greater in diameter from the exposed lakebed. Given the project's estimated contract value potentially exceeding $200,000 (with $250,000 in Florida Department of Environmental Protection grant funding), the EFT form ensures that progress payments, final compensation, and any necessary adjustments are processed electronically. Contractors awarded this 24-month contract (with two optional 12-month extensions) would be required to complete this form to facilitate timely payment processing by the County.