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Res 2010-078
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Res 2010-078
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Last modified
7/6/2010 8:23:14 AM
Creation date
6/7/2010 2:56:03 PM
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City Clerk
City Clerk - Document
Resolutions
City Clerk - Type
Agreement
Number
2010-78
Date
6/1/2010
Volume Book
186
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RFA 210 -006 <br />validation and edit routines. This means that the system automatically identifies incorrect <br />entries so the operator can correct them immediately. Additionally, the system processes <br />complex remittances with software- assisted key entry. These applications dramatically <br />improve the accuracy of captured information. <br />Together, these measures mean that we process your lockbox payments according to <br />your instructions and expectations. <br />11. Is image processing currently included? Are there additional imaging costs for <br />each item (check and remittance document)? Is there a separate fee assigned <br />for the transmission of images? <br />Yes. Pricing for details on Lockbox can be found in Attachment " C " <br />12. Will City mail be processed on all shifts including weekends? <br />We process and deposit mail received after your established cut -off time on the next business <br />day. Any weekend or holiday processing that may occur is included in the following business <br />day's work. We publish holiday processing schedules annually prior to each calendar year. <br />13. Do you process wholesale and retail lockbox on the same equipment? If so, how <br />are payments prioritized? <br />Yes, At most automated sites within our network, the Vicor RIDS platform supports processing of <br />both wholesale and retail payments. In all sites, we prioritize processing based on the customer's <br />deposit deadline. <br />14. Is there a formal procedure for responding to and correcting errors and <br />problems? If yes, please describe including average response time. <br />Based on the type of error determines the response time for correction. Typically corrections are <br />done within 2 business days. <br />15. Provide the contact names and telephone numbers of at least three comparable <br />public lockbox clients. <br />Nora Cavazos <br />Brownsville Public Utility Board <br />(956) 983 -6174 <br />16. In the case of system failure, what are the back -up arrangements for processing? <br />What delays would be expected in such a situation? <br />
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