Definitive Contract HQC00525C0016

Award Date 1/1/25
Potential Completion Date 12/31/29
Potential Value $286K
Ultimate Awardee
Not listed
Federal Contract Vehicle
Set-Aside Type
No Set-Aside Used
Extent Competed
Not Competed under SAP
Major Defense Program
Not listed
Pricing Type
Firm Fixed Price
Place of Performance
San Diego, CA 92145, USA
Solicitation Procedures
Simplified Acquisition
Number Of Offers Received
1
Legislative Mandate
Service Contract Act
National Interest Action
Not listed
Research Type
Not listed
Primary Consortia Member
Not listed

This is a definitive contract awarded by the Defense Commissary Agency (DeCA), a defense agency, to U.S. Bancorp (doing business as U.S. Bank NA) to provide banking services. The contract has a firm fixed price and a ceiling value of $285,524.40. It was awarded on January 1, 2025, with a completion date of December 31, 2029. This contract is not set aside for any specific business type.

U.S. Bancorp is a large commercial bank that offers specialized banking products and services tailored to meet the needs of government entities, including electronic funds transfer, purchase card payment processing, travel card management, lockbox services, and transportation payment systems. The company has been awarded numerous prime and subcontract awards across a diverse range of federal agencies for these types of financial services. This contract allows federal agencies to efficiently procure time-sensitive financial services from U.S. Bank under pre-negotiated terms and conditions, leveraging the company's extensive expertise in supporting government operations.

Generated 3/18/25, 9:46 AM