EFT_FORM.pdf

This is an Electronic Funds Transfer (EFT) Authorization Form issued by the Clay County Clerk of Court and Comptroller in Florida for use by contractors, vendors, and businesses engaged in county contracts. The form authorizes Clay County's Comptroller Department and the contractor's designated financial institution to process electronic fund transfers, including credits and debit adjustments for erroneous entries. The authorization remains in effect until the vendor submits written cancellation to the Comptroller Department. The form requires vendors to provide complete banking information including the financial institution name, account type (checking, savings, or other), transit/ABA/routing number, and account number. Vendors must notify the Comptroller Department immediately upon closing or changing bank accounts. The form is designed to streamline payment processing for contractors working on county projects, such as the Construction of Radar Road infrastructure project.

The EFT form serves as a mandatory requirement for payment processing and does not contain specific pricing terms, set-asides, or funding information. Contractors bidding on Clay County projects must complete and submit this authorization as part of their contract administration requirements. The form applies to all contractor categories—individuals, businesses, and vendors—and is essential for receiving electronic payment from the county. There are no renewal options or term conditions associated with the authorization form itself, as it remains valid until written cancellation is received. This administrative document facilitates timely and efficient payment distribution to successful bidders on county construction and service contracts.