The Pitney Bowes Bank, Inc.

The Pitney Bowes Bank, Inc., a wholly owned subsidiary of global mailing and shipping technology company Pitney Bowes Inc., operates exclusively as a prime contractor delivering postage funding and postage meter account management services to federal agencies, with no subcontracting relationships. Based in Salt Lake City, Utah, the bank specializes in prepaid postage services, postage-by-phone refill programs, and postage meter replenishment that enable federal agencies to maintain operational mail capabilities across distributed facilities. The vendor competes full-and-open with no set-aside designations across its entire federal footprint.

The Pitney Bowes Bank, Inc. generates revenue through firm fixed-price purchase orders and delivery orders that fund postage accounts and meter refills at federal facilities. Representative work includes a $600,000 postage reserve account with the Indian Health Service for the Shiprock, New Mexico facility running through February 2031; a $705,000 delivery order from the Office of Personnel Management for postage funding at Washington, D.C. and Boyers, Pennsylvania locations through March 2026; a $291,000 prepaid postage modification for Clinton, Oklahoma IHS operations through July 2026; and a $284,193 delivery order from OPM for postage meter account replenishment at Boyers. The vendor's portfolio spans postage-by-phone services, postage meter rentals, meter refill replenishment, and prepaid postage account funding across 268 recent awards totaling $37.4 million in combined potential value, with $13.2 million obligated (35% of potential).

Customer concentration is split between volume and dollars. The Indian Health Service dominates by award count (165 awards, 72% of the top-five agency total, $6.3 million combined potential value), reflecting the bank's embedded role in IHS's distributed healthcare network serving American Indian and Alaska Native communities across dozens of facilities. The Office of Personnel Management, by contrast, represents the largest dollar concentration (10 awards, $24.8 million combined potential value or 66% of the vendor's total potential value), anchored by large multiyear delivery orders for postage funding at federal personnel management centers. The Department of Veterans Affairs Veterans Health Administration (across three regional networks, 17 awards combined, $1.4 million) and the Department of Transportation Federal Aviation Administration (2 awards, $770 thousand) round out the active customer base. OPM's concentration in dollars versus IHS's dominance in volume signals a portfolio split between large strategic accounts and numerous smaller transactional relationships.

The Pitney Bowes Bank, Inc. operates under two primary blanket purchase agreements and indefinite delivery contracts. A BPA against HHS contract HHSI242201400090B carries 31 task orders worth $417 thousand, primarily supporting IHS facilities. An indefinite delivery contract 24322620D0005 with OPM holds 9 task orders valued at $3 million, providing the vehicle for OPM's postage funding delivery orders. A single-award IDC (693KA920D00007) carries $369 thousand. The vendor's parent company, Pitney Bowes Inc., holds broader government-wide contracts for mail processing equipment, rental services, and logistics solutions; the bank entity focuses narrowly on the postage funding and meter account management slice of that portfolio.

Award activity has tracked at 10 to 25 awards per year across 2022–2025, with six awards captured year-to-date in 2026. Six awards worth a combined $292 thousand complete within the next twenty-four months, presenting modest recompete exposure relative to the vendor's existing portfolio. The Pitney Bowes Bank, Inc. categorizes primarily under NAICS 491110 (Postal Service) and PSC codes for administrative support mailing and distribution; the parent company's broader footprint spans office machinery manufacturing and rental, reflecting its equipment leasing and postage meter business lines. All awards are noncompetitive full-and-open procurements with firm fixed pricing, consistent with the routine, mission-critical nature of postage account replenishment across federal mailrooms and healthcare facilities.