Frm_5_-_EFT_-_Electronic_Funds_Transfer_1.pdf

This is an Electronic Funds Transfer (EFT) authorization form for the Hagerstown District Court Snow Removal Services Contract in Maryland. The form establishes the payment mechanism for the selected contractor to receive funds electronically rather than by check. The EFT form captures banking information necessary to facilitate direct deposit of contract payments to the contractor's designated financial institution account. This form is a standard administrative requirement for state and local government contracts in Maryland and ensures efficient fund transfer processing throughout the contract term from November 15, 2026 through April 30, 2029.

The EFT form does not contain pricing information, set-asides, or specific funding amounts, as it functions solely as a banking instruction document. Completion and submission of this form by the selected bidder is a contractual requirement prior to contract award and payment authorization. The form requires standard banking details including the contractor's bank name, routing number, and account information to enable the Maryland court system to process payments electronically during the three-year service period.