State of ohio statewide payment card services

The Ohio Competitive Selection IDV (CSP900421) provides comprehensive statewide payment card services for government entities, focusing on financial and banking products. The contract enables state agencies to utilize a standardized payment card system with corporate liability purchasing accounts denominated in U.S. dollars. Primary service categories include financial services (UNSPSC 84000000) and bank-offered products (UNSPSC 64100000), with a robust infrastructure designed to support efficient government financial transactions and procurement processes.

The IDV is awarded to US Bank National Association and administered by the Ohio Department of Administrative Services (DAS), with a contract period from July 1, 2025, through June 30, 2027. The competitive selection contract covers the entire state of Ohio and includes distinctive features such as zero annual account fees, a 1.0% foreign transaction fee, and a performance-based rebate structure tied to charge volume. The contract provides for an annual payment card conference and offers potential extension bonuses up to $300,000, demonstrating a strategic approach to maintaining a flexible and cost-effective payment card solution for Ohio's government agencies.