How does a Participant submit a Bid to the TAF?
A Participant that wishes to submit a Bid at TAF Auctions should call its Local Reserve Bank’s normal toll-free discount window telephone hotline during the period between the Opening Time and Closing Time on the Bid Submission Date as stated in the Announcement for each Auction. The caller should be prepared to specify the following: • the Participant’s name and ABA number • Authorized Submitter(s’) 1 Name(s) and contact number(s) • the requested amount of each Bid • the interest rate (expressed as an annual rate to three decimal points for each Bid) If a Participant wishes to submit two Bids, it must identify and submit both Bids on the same phone call to the Local Reserve Bank. The Reserve Banks’ toll-free discount window telephone hotline numbers can be found on http://www.frbdiscountwindow.org/map.cfm?hdrID=23&dtlID To be considered submitted, all Bids should meet all of the terms in the Announcement as well as the Terms and Conditions.
Related Questions
- If an employee leaves state service, is there any time period during which he or she cannot submit a bid for a contract for service currently performed by state employees?
- What are the requirements to submit a bid? What aspects are evaluated during the selection?
- How soon prior to travel should I submit a completed Travel Authorization Form (TAF)?
