Electronic Payment Card Services

Ended State & local contract Michigan Awarded

Contract number
MA210000000880
Awardee
U.S. Bank National Association
Contracting organization
Department Technology, Management and Budget

Contract facts

Cumulative value
$365,000
End date

Contract details come from michigan.gov. Updated .

About this contract

This Indefinite Delivery Vehicle provides electronic payment card services to multiple State of Michigan agencies, utilizing Visa or MasterCard-branded prepaid debit cards for the disbursement of state funds. The contract covers ePay services that enable payment processing through Automated Clearing House (ACH) transactions to vendors, retirees, income tax recipients, lottery winners, and unemployment insurance beneficiaries. The vehicle is designed to streamline fund distribution across state agencies while maintaining flexibility for multiple users to access these payment services throughout the contract term.

The prime contractor for this IDV is U.S. Bank National Association, contracted through the Michigan Department of Technology, Management and Budget (DTMB). The initial contract period runs from July 30, 2021, through July 29, 2026, with two available one-year renewal options that were subsequently exercised, extending performance through July 29, 2028. The contract covers the State of Michigan and currently authorizes usage by multiple agencies, including the Unemployment Insurance Agency, Michigan Lottery, and the Michigan State Housing Development Authority. The contract type is structured as an Indefinite Delivery Vehicle with an estimated aggregate contract value of $365,000.

Files

File Type Posted
210000000880.pdf PDF

Quick answers

Who holds contract MA210000000880?

Contract MA210000000880 was awarded to U.S. Bank National Association by Department Technology, Management and Budget in Michigan on July 30, 2021.

How much is contract MA210000000880 worth?

Its cumulative value is $365,000.

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