Lease

Ended Awarded

Contract number
GS05B1532806263
Awardee
Awarding agency
Obligated
$10,140

Award facts

Contract value 100% obligated
$10,140.35 Current and potential, with all options
Completion date 100% complete
Current and potential, with all options
NAICS code
Not on record
PSC
X111 Lease/Rental Of Office Buildings
Set-aside
No set-aside
Competition
Not Competed · 2 offers
Pricing
Fixed Price with Economic Price Adjustment
Place of performance
Minnesota, USA
Legislative mandates

Award details come from SAM.gov/FPDS.

About this award

This federal contract award is for a lease agreement between the U.S. Government and U.S. Bank National Association, operating through its Corporate Payment Systems Division. The contract has a fixed price with economic price adjustment pricing type, a ceiling value of $10,140.35, and a completion date of September 30, 2006. The place of performance is Minnesota, USA.

U.S. Bank National Association is a subsidiary of the larger parent company, U.S. Bancorp, which does business as U.S. Bank Government Services. U.S. Bancorp is a major financial services provider that has been awarded numerous prime and subcontract awards across various federal agencies to provide financial and payment services. This includes contracts for specialized banking products and services tailored to government entities, such as electronic funds transfer, purchase card payment processing, travel card management, and lockbox services. U.S. Bank frequently works with civilian agencies and also leverages existing indefinite delivery/indefinite quantity contracts to streamline service delivery.

The contract was awarded without a set-aside designation, reflecting U.S. Bank's status as a large corporate entity. The funding agency is not explicitly stated, but the details provided suggest this may be a task order or delivery order issued under a larger indefinite delivery vehicle, potentially the U.S. Bank's multiple-award Federal Supply Schedule contract with the General Services Administration Federal Acquisition Service.

Quick answers

Who was awarded contract GS05B1532806263?

GS05B1532806263 was awarded to U.s. Bank National Association by Region 5 (Public Buildings Service) on July 1, 2006.

How much is contract GS05B1532806263 worth?

The government has obligated $10,140 on GS05B1532806263.

Is contract GS05B1532806263 an order under another contract?

Yes. GS05B1532806263 is a delivery order under GS05B15328, a basic ordering agreement.

Was contract GS05B1532806263 competed?

The extent of competition for GS05B1532806263 was not competed. The government received 2 offers.

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