Department of Health and Human Services Awarded a Contract to U.S. BANCORP for $8,298,675.96

Q: Where is U.S. BANCORP located?

800 NICOLLET MALL MINNEAPOLIS MINNESOTA UNITED STATES

Signed on

7/31/2025, 12:00 AM

U.S. BANCORP Government Contract #75FCMC25FJ087

U.S. BANCORP was awarded a contract with the United States Government for $8,298,675.96. 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 a federal contract worth $1,077,576.81 is U.S. Bancorp, located in Minneapolis, Minnesota. The contract, funded by the Department of Health and Human Services, is for payment services related to Medicare and demonstration/model project payments.

Contract Details

Contract ID75FCMC25FJ087

Contract TypeC

Total Obligation$1,077,576.81

Exercised Options$1,077,576.81

Base Amount + Options$8,298,675.96

Date Signed2025-07-31

Contract DescriptionPAYMENT SERVICES FOR BOTH THE MEDICARE ADMINISTRATIVE CONTRACTORS AND THE DEMONSTRATION/MODEL PROJECT PAYMENT CONTRACT.

Start Date2025-08-01

End Date2026-07-31

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 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 #0 | $1,077,576.81July 31, 2025

Centers for Medicare and Medicaid Services, a sub agency of Department of Health and Human Services, issued a payment of $1,077,576.81 to U.S. BANCORP. The payment included a Subsidy Cost of $0.00.