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Securities and Exchange Commission Awarded a Contract to PRINCIPAL BANK for $5,000,000.00

Signed on

4/8/2020, 12:00 AM

PRINCIPAL BANK Government Contract #50310220D0001

PRINCIPAL BANK was awarded a contract with the United States Government for $5,000,000.00. The contract was awarded by the agency office SECURITIES AND EXCHANGE COMMISSION, which is a division with the Securities and Exchange Commission within the Securities and Exchange Commission.

Summary of Award

The recipient of the federal contract is Principal Bank, based in Des Moines, Iowa, specializing in commercial banking services. The contract, amounting to $5,000,000, was awarded by the Securities and Exchange Commission for supplemental retirement plan services. Notable details include a full and open competition for the contract and a firm-fixed price contract type.

Contract Details

Contract ID50310220D0001
Contract TypeIDV_B_B
Total Obligation$0.00
Exercised Options
Base Amount + Options$5,000,000.00
Date Signed2020-04-08
Contract DescriptionSUPPLEMENTAL RETIREMENT PLAN SERVICES
Start Date2020-07-22
End Date2027-07-21

Agency Details

Awarding AgencySecurities and Exchange Commission
Awarding Sub AgencySecurities and Exchange Commission
Awarding OfficeSECURITIES AND EXCHANGE COMMISSION
Funding AgencySecurities and Exchange Commission
Funding Sub AgencySecurities and Exchange Commission
Funding OfficeSECURITIES AND EXCHANGE COMMISSION

Recipient Details

RecipientPRINCIPAL BANK
Recipient Location711 HIGH ST DES MOINES IOWA, 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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