SLED Opportunity · MARYLAND · MARYLAND
AI Summary
Maryland's State Treasurer's Office seeks smart safe services to improve cash handling, secure deposits, and provide immediate fund crediting for state agencies. This IFB aims to reduce theft risk and employee cash handling.
The STO intends to implement duties to streamline in-agency cash-handling processes, secure deposits, and increase cash visibility for agencies who receive low to high cash volumes. With a smart safe option, deposit preparation is more convenient, resulting in reduced need for employee cash handling, fully protected deposits, reduced internal and external theft risk, and immediate credit of funds into the State’s bank of choice.
SLED stands for State, Local, and Education. These are solicitations issued by state governments, counties, cities, school districts, utilities, and higher education institutions — as opposed to federal agencies.
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