District Of Columbia § 47-351.06 - Financial score.
Full text of District Of Columbia D.C. Code § 47-351.06 — Financial score., with citation guidance and answers to common questions.
§ 47-351.06. Financial score.
47-351.06The Mayor, or the CFO pursuant to , shall calculate a financial score for each eligible financial institution. For each bid solicitation, the Mayor, or the CFO pursuant to , shall decide how much weight and how many points to give each of the following elements to calculate the financial score:
Investment and deposit bids based on the rate of return that a bidder offers;
Financial services bids based on the cost of service;
All bids based on an assessment of risk and financial condition;
All bids based on the capacity of a bidder to perform and prior performance record; and
Any other criteria required to evaluate a bid.
Annotations
Source: official District Of Columbia text · Last verified 2026-08-27
Frequently Asked Questions About District Of Columbia § 47-351.06
What does D.C. Code § 47-351.06 cover?
Section 47-351.06 ("Financial score.") is part of the D.C. Code, the codified statutory law of District Of Columbia. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite District Of Columbia § 47-351.06?
A common citation format is "D.C. Code § 47-351.06" (District Of Columbia). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of District Of Columbia law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the District Of Columbia official source linked on this page or consult a licensed District Of Columbia attorney.
How does District Of Columbia § 47-351.06 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in District Of Columbia can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in District Of Columbia.