Paying agent
Ended Definitive Contract Awarded Last action
- Contract number
- 71311117C0018
- Awardee
-
U.s. Bank National Association UEI HMXBU18QZL94
- Awarding agency
-
Overseas Private Investment Corporation
- Obligated
- $150,000
Award facts
- Opportunity
-
- OPIC17Q0001 Solicitation number
- OPIC Paying Agent Award Notice · Posted Jan 31, 2017
- Contract value 20% obligated
-
- $450,000.00 Current, with exercised options
- $750,000.00 Potential, with all options
- Completion date 100% complete
-
- Current, with exercised options
- Potential, with all options
- NAICS code
- 522110 Commercial Banking
- PSC
- R711 Support- Management: Banking
- Set-aside
- No set-aside
- Competition
- Competed under SAP · 4 offers Simplified Acquisition
- Pricing
- Firm Fixed Price
- Place of performance
- Boston, MA 02111, USA
Award details come from SAM.gov/FPDS.
About this award
This is a $750,000.00 firm fixed-price definitive contract awarded by the Overseas Private Investment Corporation (OPIC), a civilian federal agency, to U.S. Bank National Association, a subsidiary of U.S. Bancorp, to serve as a paying agent. The contract has an ultimate completion date of March 5, 2022, and was initially awarded on March 2, 2017. This contract does not have a set-aside designation. U.S. Bank National Association has established expertise in providing specialized financial services to federal agencies, as evidenced by its portfolio of recent contracts, including a $25,000 purchase order for custody account services and a $52,800 purchase order for legal support related to an international transaction. The bank's strong presence in the federal contracting landscape, as demonstrated by its active registration in the System for Award Management (SAM) through September 2025, underscores its capabilities in delivering comprehensive financial solutions to government clients.
Quick answers
Who was awarded contract 71311117C0018?
71311117C0018 was awarded to U.s. Bank National Association by Overseas Private Investment Corporation on March 2, 2017.
How much is contract 71311117C0018 worth?
The government has obligated $150,000 on 71311117C0018. Its current value, with exercised options, is $450,000. Its potential value, with all options, is $750,000.
Was contract 71311117C0018 competed?
The extent of competition for 71311117C0018 was competed under sap. The government received 4 offers.
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