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Pension Benefit Guaranty Corporation Awarded a Contract to U.S. BANCORP for $42,539.80

Signed on

6/12/2025, 12:00 AM

U.S. BANCORP Government Contract #16PBGC25P0064

U.S. BANCORP was awarded a contract with the United States Government for $42,539.80. The contract was awarded by the agency office PENSION BENEFIT GUARANTY CORP, which is a division with the Pension Benefit Guaranty Corporation within the Pension Benefit Guaranty Corporation.

Summary of Award

The recipient of the federal contract is U.S. Bancorp, a U.S.-owned business based in Minneapolis, Minnesota. The contract is a purchase order for lockbox services related to the Missing Participants Program, funded by the Pension Benefit Guaranty Corporation with a total value of $5,847.04. The contract is for financial transactions processing activities.

Contract Details

Contract ID16PBGC25P0064
Contract TypeB
Total Obligation$5,847.04
Exercised Options$5,847.04
Base Amount + Options$42,539.80
Date Signed2025-06-12
Contract DescriptionRECOMPETE OF CONTRACT NUMBER 16PBGC20C0005 FOR LOCKBOX SERVICE FOR THE MISSING PARTICIPANTS PROGRAM. THE SERVICE SHOULD BE IN ACCORDANCE WITH THE CONTRACT TERMS AND CONDITIONS, THE STATEMENT OF WORK (SOW) AND THE CONTRACTOR'S QUOTE.
Start Date2025-06-17
End Date2026-02-13

Agency Details

Awarding AgencyPension Benefit Guaranty Corporation
Awarding Sub AgencyPension Benefit Guaranty Corporation
Awarding OfficePENSION BENEFIT GUARANTY CORP
Funding AgencyPension Benefit Guaranty Corporation
Funding Sub AgencyPension Benefit Guaranty Corporation
Funding OfficePENSION BENEFIT GUARANTY CORP

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

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