Statewide Procurement Card
Ended State & local contract Michigan Awarded
- Contract number
- MA200000000047
- Awardee
- U.S. Bank National Association
- Contracting organization
- Department Technology, Management and Budget
Contract facts
- Cumulative value
- $570,000,000
- End date
- Points of contact
-
- Joy Nakfoor nakfoorj@michigan.gov (517) 249-0481
- Marsha Stansfield stansfieldm@michigan.gov (517) 241-5521
- Emily Massa massae@michigan.gov (517) 897-7321
Contract details come from michigan.gov. Updated .
About this contract
The Department of Technology, Management and Budget Statewide Procurement Card IDV provides three distinct card product lines designed to streamline payment processing across the State of Michigan and its eligible member organizations. The available products include Corporate Travel Cards, Purchasing Cards, and One Card Accounts, which are accessible not only to the State but also to MiDeal members encompassing local units of government, school districts, universities, community colleges, and nonprofit hospitals. This comprehensive vehicle eliminates annual card fees for all cardholders while offering competitive transaction fee structures, including cash advance and convenience check fees of 2.5% (minimum $2.00), delinquency fees of 0.7%, and foreign transaction fees of 1%. The contract structure incentivizes performance through rebate opportunities based on aggregate net annual charge volume and payment performance, with rebate percentages ranging from 0% to 0.225% depending on file turn days and contractual performance metrics.
U.S. Bank National Association serves as the prime contractor for this IDV, with the contract administered by the Michigan Department of Technology, Management and Budget. The contract was originally executed on November 1, 2019, with an initial completion date of April 30, 2025, and includes five one-year renewal options. Through Change Notice 5 (effective April 15, 2026), one option year was exercised, extending the period of performance through June 30, 2027. The estimated aggregate contract value totals $630,000,000, with $60,000,000 added through the most recent modification. This is a statewide contract covering all of Michigan, with payment terms established at net 45 days and all digital platforms required to comply with WCAG 2.1 Level AA accessibility standards.
Files
| File | Type | Posted |
|---|---|---|
| 200000000047.pdf |
Quick answers
Who holds contract MA200000000047?
Contract MA200000000047 was awarded to U.S. Bank National Association by Department Technology, Management and Budget in Michigan on November 1, 2019.
How much is contract MA200000000047 worth?
Its cumulative value is $570,000,000.
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