ESBD_489546_1770938987470_SOL_EXH_F.12_Direct Deposit Authorization Form (74-176).pdf

This is a Direct Deposit Authorization Form (Form 74-176) related to a Texas state and local contract opportunity. The form serves as a standardized document for establishing direct deposit banking arrangements. The document provides a template for authorized personnel or contractors to submit banking information for the purpose of receiving payments through electronic funds transfer. The form typically requires completion of employee or contractor identification information, designation of financial institution details, and authorization signatures to enable direct deposit of compensation or reimbursement payments.

The form includes standard banking data fields such as financial institution routing numbers, account numbers, and account type designation (checking or savings). This authorization document is designed to streamline payment processing and reduce reliance on paper checks, thereby improving administrative efficiency for the contracting entity. The form represents a procedural requirement that bidders or contractors may need to complete upon contract award to establish the payment mechanism for contract compensation. No specific pricing, set-asides, or renewal terms are detailed within this authorization form itself, as it functions solely as an administrative tool for payment processing rather than defining substantive contract terms.