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Awarded contract·County of Orange, County Procurement Office·California

CAL-CARD SERVICES

Won by US Bank National Association$20MSingle Award
Contract source

Awarded vendors

  • US Bank National Association

Description

This contract is for commercial card services between the County of Orange and US Bank National Association. The contract commenced on July 1, 2021, and will continue until December 31, 2025. The contract may be extended for up to two one-year terms by mutual written agreement. The scope of the contract includes the provision of commercial card services as detailed in Attachment A. The contract also outlines the terms and conditions of the agreement, including payment, delivery, and termination. Key points include: • The contract is for commercial card services • The contract commenced on July 1, 2021, and will continue until December 31, 2025 • The contract may be extended for up to two one-year terms by mutual written agreement • The scope of the contract includes the provision of commercial card services as detailed in Attachment A • The contract outlines the terms and conditions of the agreement, including payment, delivery, and termination • The contract includes provisions for dispute resolution, gratuities, and lobbying • The contract requires the contractor to submit usage reports on an annual basis • The contract is subject to the California Public Records Act

Attached files

Key dates

Starts
7/1/2021
Ends
12/31/2025
Duration
4 years 6 months

Last updated

Details

Award type
Single Award
Industry
Financial Services
NAICS
522210
Solicitation №
RCA01721010005

Contract value

$20,000,000

The contract value is not explicitly stated in the document, but based on the information provided, it can be estimated that the contract value is likely in the range of $1 million to $10 million per year, given the scope of the contract and the fact that it is a cooperative purchasing agreement. The total contract value over the 4-year term could be estimated to be around $4 million to $40 million. However, without more specific information on the pricing and usage of the commercial card services, it is difficult to provide a more precise estimate.

AI estimate from the award documents

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