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 vendors, businesses, and individuals receiving payments from Clay County. The form authorizes Clay County's Comptroller Department and the vendor's designated financial institution to initiate electronic credits and, if necessary, debit entries and adjustments for erroneous credit entries. The authorization remains in effect until the vendor submits written cancellation to the Comptroller Department. Vendors must provide complete banking information including the financial institution name, account type (checking, savings, or other), transit/ABA/routing number, and account number. The form requires an authorized signature and date of execution and instructs vendors to immediately notify the Comptroller Department of any changes to or closure of the designated bank account.

This form is a standard administrative requirement for the Oakleaf Community Park Drainage Improvements project, a competitive sealed bid solicitation by the Clay County Board of County Commissioners for grading and drainage improvements at a park facility in Orange Park, Florida. Contractors selected for this project must submit the completed EFT form as part of their contract administration obligations to facilitate monthly progress payments processed in accordance with the Florida Local Government Prompt Payment Act. The form ensures efficient payment processing for the winning contractor and any subcontractors or vendors involved in the project delivery.