May 2, 2014
Troy License Office contract awarded
JEFFERSON CITY - The Office of Administration, in conjunction with the Missouri Department of Revenue, has awarded the management contract for the Troy License Office to Koester & Koester, LLC in Bowling Green. All license office contracts in Missouri are awarded through a competitive bid process.
The Troy License Office will remain at its current location at 850 E. Cherry St., Suite D.
In fiscal year 2013, more than 81,000 transactions were conducted at the Troy office, generating $269,178 in agent processing fees. Koester & Koester's contract includes an annual commitment to return 6 percent (approximately $16,150) of future processing fees to the state.
All local license offices are overseen by the Missouri Department of Revenue, but each is operated by an independent agent.
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