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Department of Health and Human Services Awarded a Contract to U.S. BANCORP for $6,462,850.68

Signed on

2/12/2019, 12:00 AM

U.S. BANCORP Government Contract #75FCMC19C0010

U.S. BANCORP was awarded a contract with the United States Government for $6,462,850.68. The contract was awarded by the agency office OFC OF ACQUISITION AND GRANTS MGMT, which is a division with the Centers for Medicare and Medicaid Services within the Department of Health and Human Services.

Summary of Award

The recipient of the federal contract is U.S. Bancorp, a U.S.-owned business in Minnesota that operates in commercial banking. The contract, issued by the Department of Health and Human Services through the Centers for Medicare and Medicaid Services, is for "MAC Banking Services" and is worth $6,462,850.68. Notable transactions include payments ranging from $0 to $1,497,855.74, with various amounts for different services under the contract.

Contract Details

Contract ID75FCMC19C0010
Contract TypeD
Total Obligation$6,462,850.68
Exercised Options$6,462,850.68
Base Amount + Options$6,462,850.68
Date Signed2019-02-12
Contract DescriptionMAC BANKING SERVICES
Start Date2019-07-10
End Date2024-12-31

Agency Details

Awarding AgencyDepartment of Health and Human Services
Awarding Sub AgencyCenters for Medicare and Medicaid Services
Awarding OfficeOFC OF ACQUISITION AND GRANTS MGMT
Funding AgencyDepartment of Health and Human Services
Funding Sub AgencyCenters for Medicare and Medicaid Services
Funding OfficeOFC OF ACQUISITION AND GRANTS MGMT

Recipient Details

RecipientU.S. BANCORP
Recipient Location800 NICOLLET MALL STE 1500 MINNEAPOLIS MINNESOTA, UNITED STATES
Business CategoriesCategory Business, Corporate Entity Not Tax Exempt, Not Designated a Small Business, Special Designations, U.S.-Owned Business

Comments

Award Transactions

Transaction #P00025$-1,497,855.74May 28, 2025

Centers for Medicare and Medicaid Services, a sub agency of Department of Health and Human Services, issued a payment of $-1,497,855.74 to U.S. BANCORP. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00024$4,368.00November 14, 2024

Centers for Medicare and Medicaid Services, a sub agency of Department of Health and Human Services, issued a payment of $4,368.00 to U.S. BANCORP. The payment included a Subsidy Cost of $0.00.

Transaction #P00023$866,016.70September 5, 2024

Centers for Medicare and Medicaid Services, a sub agency of Department of Health and Human Services, issued a payment of $866,016.70 to U.S. BANCORP. The payment included a Subsidy Cost of $0.00.

Transaction #P00022$212,376.74July 9, 2024

Centers for Medicare and Medicaid Services, a sub agency of Department of Health and Human Services, issued a payment of $212,376.74 to U.S. BANCORP. The payment included a Subsidy Cost of $0.00.

Transaction #P00021$0.00March 27, 2024

Centers for Medicare and Medicaid Services, a sub agency of Department of Health and Human Services, issued a payment of $0.00 to U.S. BANCORP. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00020$8,734.77September 15, 2023

Centers for Medicare and Medicaid Services, a sub agency of Department of Health and Human Services, issued a payment of $8,734.77 to U.S. BANCORP. The payment included a Subsidy Cost of $0.00.

Transaction #P00019$1,457,032.34July 10, 2023

Centers for Medicare and Medicaid Services, a sub agency of Department of Health and Human Services, issued a payment of $1,457,032.34 to U.S. BANCORP. The payment included a Subsidy Cost of $0.00.

Transaction #P00018$27,536.60January 31, 2023

Centers for Medicare and Medicaid Services, a sub agency of Department of Health and Human Services, issued a payment of $27,536.60 to U.S. BANCORP. The payment included a Subsidy Cost of $0.00.

Transaction #P00017$13,603.82September 13, 2022

Centers for Medicare and Medicaid Services, a sub agency of Department of Health and Human Services, issued a payment of $13,603.82 to U.S. BANCORP. The payment included a Subsidy Cost of $0.00.

Transaction #P00016$1,364,042.05July 7, 2022

Centers for Medicare and Medicaid Services, a sub agency of Department of Health and Human Services, issued a payment of $1,364,042.05 to U.S. BANCORP. The payment included a Subsidy Cost of $0.00.

Transaction #P00015$1,409.68May 27, 2022

Centers for Medicare and Medicaid Services, a sub agency of Department of Health and Human Services, issued a payment of $1,409.68 to U.S. BANCORP. The payment included a Subsidy Cost of $0.00.

Transaction #P00014$1,638.75January 14, 2022

Centers for Medicare and Medicaid Services, a sub agency of Department of Health and Human Services, issued a payment of $1,638.75 to U.S. BANCORP. The payment included a Subsidy Cost of $0.00.

Transaction #P00013$0.00November 3, 2021

Centers for Medicare and Medicaid Services, a sub agency of Department of Health and Human Services, issued a payment of $0.00 to U.S. BANCORP. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00012$172,244.21September 17, 2021

Centers for Medicare and Medicaid Services, a sub agency of Department of Health and Human Services, issued a payment of $172,244.21 to U.S. BANCORP. The payment included a Subsidy Cost of $0.00.

Transaction #P00011$1,269,306.52July 9, 2021

Centers for Medicare and Medicaid Services, a sub agency of Department of Health and Human Services, issued a payment of $1,269,306.52 to U.S. BANCORP. The payment included a Subsidy Cost of $0.00.

Transaction #P00010$2,871.62May 18, 2021

Centers for Medicare and Medicaid Services, a sub agency of Department of Health and Human Services, issued a payment of $2,871.62 to U.S. BANCORP. The payment included a Subsidy Cost of $0.00.

Transaction #P00009$3,093.60April 26, 2021

Centers for Medicare and Medicaid Services, a sub agency of Department of Health and Human Services, issued a payment of $3,093.60 to U.S. BANCORP. The payment included a Subsidy Cost of $0.00.

Transaction #P00008$0.00February 18, 2021

Centers for Medicare and Medicaid Services, a sub agency of Department of Health and Human Services, issued a payment of $0.00 to U.S. BANCORP. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00007$243,210.00February 3, 2021

Centers for Medicare and Medicaid Services, a sub agency of Department of Health and Human Services, issued a payment of $243,210.00 to U.S. BANCORP. The payment included a Subsidy Cost of $0.00.

Transaction #P00006$0.00October 14, 2020

Centers for Medicare and Medicaid Services, a sub agency of Department of Health and Human Services, issued a payment of $0.00 to U.S. BANCORP. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00005$1,186,094.99July 9, 2020

Centers for Medicare and Medicaid Services, a sub agency of Department of Health and Human Services, issued a payment of $1,186,094.99 to U.S. BANCORP. The payment included a Subsidy Cost of $0.00.

Transaction #P00004$0.00February 26, 2020

Centers for Medicare and Medicaid Services, a sub agency of Department of Health and Human Services, issued a payment of $0.00 to U.S. BANCORP. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00003$1,037.94January 7, 2020

Centers for Medicare and Medicaid Services, a sub agency of Department of Health and Human Services, issued a payment of $1,037.94 to U.S. BANCORP. The payment included a Subsidy Cost of $0.00.

Transaction #P00002$44,308.91July 10, 2019

Centers for Medicare and Medicaid Services, a sub agency of Department of Health and Human Services, issued a payment of $44,308.91 to U.S. BANCORP. The payment included a Subsidy Cost of $0.00.

Transaction #P00001$0.00March 4, 2019

Centers for Medicare and Medicaid Services, a sub agency of Department of Health and Human Services, issued a payment of $0.00 to U.S. BANCORP. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #0$1,081,779.18February 12, 2019

Centers for Medicare and Medicaid Services, a sub agency of Department of Health and Human Services, issued a payment of $1,081,779.18 to U.S. BANCORP. The payment included a Subsidy Cost of $0.00.