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Awarded contract·City of Independence, Missouri·Missouri

Purchasing Card Services Program

Won by U.S. Bank National Association$9MSingle Award
Contract source

Awarded vendors

  • U.S. Bank National Association

Description

The City of Independence, Missouri, is seeking a qualified firm to provide purchasing card program services. The contract is expected to have an initial term of three years, with the option to renew for two additional one-year terms. The selected vendor will be required to provide purchasing card services to the City. Key aspects of the contract include: • The City anticipates awarding a contract with an initial term of three years and the option to renew for two additional one-year terms. • The selected vendor will be required to provide purchasing card services to the City. • The contract is expected to be awarded to U.S. Bank National Association. • The City of Independence, Missouri, is the agency that initiated the procurement process for the Purchasing Card Services Program.

Attached files

Key dates

Duration
3 years

Last updated

Details

Award type
Single Award
Procurement
Full and Open Competition
Industry
Financial Services
NAICS
52232
Solicitation №
22110

Contract value

$9,000,000

The value of the contract cannot be precisely determined from the provided documents, but it can be estimated based on the rebate pricing chart. Assuming an average annual spend of $1 million to $5 million, the total contract value for three years could range from $3 million to $15 million, considering a 1% to 3% rebate. However, this is a rough estimate and the actual value may vary depending on the City's actual spend.

AI estimate from the award documents

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