{"data":{"id":"us-dc/d.c.-code-47-351.06","jurisdiction":"us-dc","citation":"D.C. Code § 47-351.06","heading":"Financial score.","body":"The Mayor, or the CFO pursuant to § 47-351.02(c), shall calculate a financial score for each eligible financial institution. For each bid solicitation, the Mayor, or the CFO pursuant to § 47-351.02(c), shall decide how much weight and how many points to give each of the following elements to calculate the financial score:\n\n(1)\nInvestment and deposit bids based on the rate of return that a bidder offers;\n\n(2)\nFinancial services bids based on the cost of service;\n\n(3)\nAll bids based on an assessment of risk and financial condition;\n\n(4)\nAll bids based on the capacity of a bidder to perform and prior performance record; and\n\n(5)\nAny other criteria required to evaluate a bid.","path":["Title 47. Taxation, Licensing, Permits, Assessments, and Fees. [Enacted title]","Chapter 3. Budget and Financial Management; Borrowing; Deposit of Funds.","Subchapter III-A. Financial Institutions Deposits and Investments."],"source_url":"https://code.dccouncil.gov/us/dc/council/code/sections/47-351.06","current_through":"2026-08-20 (D.C. Law 26-175)","vintage":"","retrieved_at":"2026-08-29T05:44:07Z","sha256":"52076ddd5ee41894426d8b3853c896ed972ab0c8a4cc2356d40b6f4ae35efbf4","source_id":"us-dc","stale":false,"prev":"us-dc/d.c.-code-47-351.05","next":"us-dc/d.c.-code-47-351.07"},"notice":"GroundRules: Original legal text. Not legal advice."}