Purchase card products and services
Active Awarded Last action
- Contract number
- 47QRAC18F0004
- Awardee
-
U.s. Bancorp UEI JTNLSVRJGFM3
- Awarding agency
-
Federal Acquisition Service
General Services Administration
- Obligated
- $0
Award facts
- Contract value 0% obligated
-
- $0.00 Current, with exercised options
- $1.00 Potential, with all options
- Completion date 62% complete
-
- Current, with exercised options
- Potential, with all options
- Contracting staff
- Funding agency
- Office of the Secretary of Defense Department of Defense
- NAICS code
- 522110 Commercial Banking
- PSC
- R710 Support- Management: Financial
- Set-aside
- No set-aside
- Competition
- Full and Open Competition · 2 offers Multiple Award, Fair Opportunity
- Pricing
- Firm Fixed Price
- Place of performance
- Mechanicsburg, PA, USA
- Legislative mandates
-
- Other statutory authority
Award details come from SAM.gov/FPDS.
Transactions
| Action | Obligated | Date |
|---|---|---|
| Exercise an Option | $0 | |
| Exercise an Option | $0 | |
| Supplemental Agreement for work within scope | $0 | |
| Other Administrative Action | $0 | |
| Modification | $0 | |
| Supplemental Agreement for work within scope | $0 |
About this award
U.S. Bancorp, doing business as US Bank NA, was awarded a $14 billion delivery order under the GSA Schedule 84 (GSA SP3) tailored task order for purchase card products and services. This firm fixed-price contract, issued by the Office of the Secretary of Defense on July 12, 2018, represents an exercise of Option Period 2 and runs through November 29, 2031. The work will be performed in Mechanicsburg, Pennsylvania, with no small business set-aside designation applied. As a major financial services corporation, U.S. Bancorp provides comprehensive payment processing solutions to federal agencies, leveraging its extensive experience delivering banking services, electronic funds transfer capabilities, and specialized financial solutions across the Department of Defense and other government entities.
This delivery order falls under the GSA Multiple Award Schedule, which enables civilian and defense agencies to procure pre-negotiated financial and payment services. U.S. Bancorp's federal contract portfolio demonstrates significant capabilities in fleet card management, payment processing systems, and specialized banking solutions supporting complex government operational requirements. The substantial contract ceiling reflects the critical nature of purchase card and payment processing services to DoD operations, positioning U.S. Bancorp as a primary financial services provider for the department's transaction and payment management infrastructure throughout the extended performance period.
Quick answers
Who was awarded contract 47QRAC18F0004?
47QRAC18F0004 was awarded to U.s. Bancorp by Federal Acquisition Service (General Services Administration) on July 12, 2018.
How much is contract 47QRAC18F0004 worth?
The government has obligated $0 on 47QRAC18F0004. Its potential value, with all options, is $1.
Which agency awarded contract 47QRAC18F0004?
Federal Acquisition Service (General Services Administration) awarded 47QRAC18F0004, with funding from Office of the Secretary of Defense (Department of Defense).
Is contract 47QRAC18F0004 an order under another contract?
Yes. 47QRAC18F0004 is a delivery order under GS36FGA001, an indefinite delivery contract.
Was contract 47QRAC18F0004 competed?
The extent of competition for 47QRAC18F0004 was full and open competition. The government received 2 offers.
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