Primary Department: Purchasing
Primary Department Head/Elected Official: Paige McInnis
Secondary Department: District Attorney
Secondary Department Head/Elected Official: Sean Teare
Regular or Supplemental RCA: Regular RCA
Type of Request: Contract - Award
Project ID (if applicable): 250002
Vendor/Entity Legal Name (if applicable): Third Coast Bank
MWBE Contracted Goal (if applicable): 0%
MWBE Current Participation (if applicable): N/A
Justification for 0% MWBE Participation Goal: 0% - Non-Divisible
Grant Indirect Costs Rate (if applicable):
Justification for 0% Grant Indirect Costs Rate (if applicable): Choose an item.
Request Summary (Agenda Caption):
title
Request for approval of an award on the basis of best proposal meeting requirements and that the County Judge execute an addendum to an agreement with Third Coast Bank for depository, outsourced disbursement/integrated payable, and escrow services for the District Attorney's Office for the period of August 7, 2025 - August 6, 2026 with four (4) one-year renewal options (250002), Justification for 0% MWBE Participation Goal: 0% - Non-Divisible.
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Background and Discussion:
A new term contract is needed to find a qualified vendor to provide depository, outsourced disbursement/integrated payables, and escrow services for the Harris County District Attorney's Office (HCDAO). The new term contract will be setup for twenty-four (24) consecutive months with one (1) additional two-year options to renew.
Expected Impact:
During law enforcement operations, Harris County seizes property that is believed to be connected to criminal
activity. The goal of this asset forfeiture is to disrupt criminal enterprises and deprive criminals of the proceeds
of their illegal activity. The County seeks services from a new banking institution to hold certain of these assets.
Alternative Options:
N/A
County Strategic Plan Goal: Choose an item.
County Strategic Plan Objective: Choose an item.
Justice/Safety In...
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