Charge Cards

The Texas Term Contract 946-M4 is a comprehensive Indefinite Delivery Vehicle (IDV) focused on providing charge card services for state and local government entities. The contract encompasses a range of financial products including procurement cards, unsecured credit cards, and revolving credit products, specifically categorized under UNSPSC codes related to credit agencies and card-based financial services. The IDV is designed to offer flexible payment and purchasing solutions for government organizations, with specific NIGP codes covering credit card and payment card services.

U.S. Bank National Association has been awarded this term contract by the CPA Contract Management, with a performance period from March 1, 2025, to March 31, 2027. The contract is structured as a term-based agreement specifically for the state of Texas, providing statewide coverage for governmental charge card needs. While specific total contract value was not provided, the IDV represents a strategic procurement mechanism for Texas state and local government entities to access standardized charge card services through a pre-negotiated contract vehicle.