MAC banking services
Ended Definitive Contract Awarded Last action
- Contract number
- 75FCMC19C0010
- Awardee
-
U.s. Bancorp UEI JTNLSVRJGFM3
- Awarding agency
-
Centers for Medicare and Medicaid Services
Department of Health and Human Services
- Obligated
- $6,462,851
Award facts
- Opportunity
-
- Medicare Administrative Contracts Banking Services Pre-Solicitation · 75FCMC19R0006 · Posted Nov 29, 2018
- Commercial Banking Services Solicitation · Posted Dec 14, 2018
- Contract value 100% obligated
- $6,462,850.68 Current and 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
- Washington, DC 20036, USA
Award details come from SAM.gov/FPDS.
Transactions
| Action | Obligated | Date |
|---|---|---|
| Close Out | -$1,497,856 | |
| Supplemental Agreement for work within scope | $4,368 | |
| Supplemental Agreement for work within scope | $866,017 | |
| Supplemental Agreement for work within scope | $212,377 | |
| Other Administrative Action | $0 | |
| Supplemental Agreement for work within scope | $8,735 | |
| Exercise an Option | $1,457,032 | |
| Supplemental Agreement for work within scope | $27,537 | |
| Supplemental Agreement for work within scope | $13,604 | |
| Exercise an Option | $1,364,042 | |
| Supplemental Agreement for work within scope | $1,410 | |
| Supplemental Agreement for work within scope | $1,639 | |
| Other Administrative Action | $0 | |
| Supplemental Agreement for work within scope | $172,244 | |
| Exercise an Option | $1,269,307 | |
| Supplemental Agreement for work within scope | $2,872 | |
| Supplemental Agreement for work within scope | $3,094 | |
| Other Administrative Action | $0 | |
| Other Administrative Action | $243,210 | |
| Other Administrative Action | $0 | |
| Supplemental Agreement for work within scope | $1,186,095 | |
| Other Administrative Action | $0 | |
| Supplemental Agreement for work within scope | $1,038 | |
| Supplemental Agreement for work within scope | $44,309 | |
| Other Administrative Action | $0 | |
| Original award | $1,081,779 |
Show all 26
About this award
This is a definitive contract awarded by the Centers for Medicare and Medicaid Services (CMS), a civilian federal agency, to U.S. Bancorp, a major financial services corporation, for MAC Banking Services. The contract has a ceiling value of $6,462,850.68 and a period of performance through May 29, 2025. The contract was not set aside for any specific business type.
The contract was awarded under the Medicare Administrative Contracts (MAC) program, which involves CMS using commercial financial institutions to disburse payments to Medicare claims processing contractors and for CMS demonstration projects. U.S. Bancorp, doing business as US Bank NA, was selected as one of two financial institutions to provide these banking services to CMS. The contract includes an implementation period followed by a base period and four 12-month option periods.
Quick answers
Who was awarded contract 75FCMC19C0010?
75FCMC19C0010 was awarded to U.s. Bancorp by Centers for Medicare and Medicaid Services (Department of Health and Human Services) on July 10, 2019.
How much is contract 75FCMC19C0010 worth?
The government has obligated $6,462,851 on 75FCMC19C0010.
Was contract 75FCMC19C0010 competed?
The extent of competition for 75FCMC19C0010 was competed under sap. The government received 4 offers.
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