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HERNANDO COUNTY · LOCALlocal legislationPassed

Passed

Approval of Banking Services Contract Extension for Visa Purchasing Cards

Original title: Approve the extension to the piggyback of Marion County School Board, RFP No. 3529 RC, Banking Services, awarded to Regions Bank, for the Visa Purchasing Card Program.

Record date · June 24, 2025

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What This Bill Does

The School Board has approved an extension to an existing banking services contract with Regions Bank. This contract, originally established by the Marion County School Board, covers the district's Visa Purchasing Card program.

Why it matters

This action ensures the continued use of Visa purchasing cards for district expenses by extending an existing contract through a '' agreement with Marion County.

Who It Affects

Groups the bill's text affects, as described in the record. Being affected is not a position for or against it.

Directly affected

Regions Bank

The bank continues to serve as the provider for the district's Visa Purchasing Card program.

Directly affected

School District Staff

Staff members who utilize district-issued Visa purchasing cards will continue to use the existing program.

Key Facts

The School Board approved an extension of a banking services contract.
The contract is a 'piggyback' agreement based on Marion County School Board RFP No. 3529 RC.
The contract provides services for the Visa Purchasing Card Program.
The vendor for these services is Regions Bank.

Show all 6 facts

The item was introduced and passed on May 27, 2025.
The file identifier for this action is 25-3074.

Frequently Asked Questions

What does 'piggyback' mean in this context?

A agreement allows one government agency to utilize the terms and pricing of a contract already competitively bid and awarded by another government agency.

What services does Regions Bank provide under this contract?

Regions Bank provides the Visa Purchasing Card program services for the school district.

What else do you want to know?

News Coverage

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Full breakdown

Who this bill affects and the strongest case for and against it, written only from the bill’s own text.

Discoveries

1 pattern noticed across the record

Patterns POLISCOPE noticed across the record. These are observations to investigate, not conclusions.

policy shift90% confidence

Use of Inter-Agency Procurement

The district is utilizing an existing contract from another jurisdiction (Marion County) to streamline the procurement of banking services.

Marion County School Board Regions Bank

Connected Entities

RFP No. 3529 RC, 25-3074, Marion County School Board and 1 more

otherRFP No. 3529 RC“The specific Request for Proposal number for the banking services contract.”Map →

other25-3074“The file number for this specific legislative item.”Map →

OrganizationMarion County School Board“The original agency that awarded the RFP for banking services.”Map →

OrganizationRegions Bank“The financial institution providing the Visa Purchasing Card program.”Map →

Sources

Open source document

webapi.legistar.com

Analysis Score

0–100

Significance20
How much this matters to a regular citizen
Controversy5
Intensity of disagreement among stakeholders
Entertainment5
Compellingness for a non-policy-wonk reader
Buzz10
Current news / social attention level

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