This multiple-award indefinite-delivery, indefinite-quantity (IDIQ) contract was awarded by the General Services Administration (GSA) Federal Acquisition Service to U.S. Bancorp, doing business as U.S. Bank Government Services. The contract has a $700,000,000,000 ceiling value and runs through November 29, 2025. U.S. Bank Government Services, a large commercial bank, provides a comprehensive suite of financial and payment services to civilian federal agencies through this IDIQ, including electronic funds transfer, purchase card processing, travel card management, lockbox services, and transportation payment systems. The contract covers IT Professional Services and Electronic Commerce and Subscription Services, allowing agencies to efficiently procure these services under pre-negotiated terms and conditions.
The task orders under this IDIQ contract further demonstrate the range of financial services U.S. Bank Government Services delivers to various federal agencies. These include $36,000 in firm fixed price delivery order services for the Immediate Office of the Secretary of Transportation, $478,787.41 in purchase and travel card services for the Commodity Futures Trading Commission, and $14,000,000,000 in purchase card products and services for the U.S. Navy's Naval Supply Systems Command. None of the task orders have set-aside designations, reflecting U.S. Bancorp's status as a large corporate entity providing specialized financial expertise to the government.
Generated 1/15/25, 9:10 AM