This BPA contract for Economic & Public Policy > Research and Development, Financial services, Equipment Maintenance, Logistics > Transportation and Logistics Services, Industrial Products & Machinery > Industrial Products & Services, Automotive Parts & Products > Sustainment S&E, IT Outsourcing, Training Aids & Devices, Package Delivery & Packaging > Transportation and Logistics Services, Construction Related Materials > Facilities & Construction, Electrical & Electronics Equipment > Electronic & Communication Services, Business Admin Services, Passenger Travel, Textiles, Clothing & Personal Accessories, Office Products & Services, Petro-Chemical Industries > Transportation and Logistics Services, Facility Related Services > Facilities Maintenance, Legal services, Public Relations and Professional Communications Services, Education/Training > Human Capital, Translation & Interpretation, Marketing & Distribution was awarded in FY2011 on Oct 8, 2010 to U.S. Bancorp by KS National Guard. There have been $88.4k in obligations to date with a ceiling value of $500k, showing a 18% burn rate so far on the contract. The contract was not competed under any preference program with offers received. We expect a 1 year duration with ultimate completion date of Dec 30, 2011.
U.S. Bancorp is a contractor located in MN, doing primarily Financial services work for Homeland Security (DHS). The company receives $4.7M annually in federal awards (as of FY2020). Also, they have shown success winning No/Limited Bias contracts concentrated mainly on a singular customer focused portfolio.
Blanket Purchase Agreements or BPAs establish a method for the Government to satisfy a repetitive need for goods and services. When a government-wide need exists for specific products or services, a BPA allows the Government to establish a single contract to satisfy those needs. Creating a single source for common needs enables the Government to use buying power to drive down prices and avoid the higher costs associated with hundreds or thousands of customers purchasing independently.
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| BPA Call No. | Contractor | Obligations | Effective Date |
|---|---|---|---|
| 0001 | U.S. BANCORP | $719.43 | 10/19/2010 |
| 0002 | U.S. BANCORP | $305.10 | 10/21/2010 |
| 0003 | U.S. BANCORP | $1.8k | 10/21/2010 |
| 0005 | U.S. BANCORP | $2.3k | 11/01/2010 |
| 0004 | U.S. BANCORP | $915.30 | 11/01/2010 |
| 0006 | U.S. BANCORP | $1.3k | 11/03/2010 |
| 0007 | U.S. BANCORP | $533.93 | 11/03/2010 |
| 0010 | U.S. BANCORP | $1.5k | 11/03/2010 |
| 0009 | U.S. BANCORP | $0.00 | 11/03/2010 |
| 0008 | U.S. BANCORP | $1.5k | 11/03/2010 |
| 0015 | U.S. BANCORP | $2.7k | 11/04/2010 |
| 0011 | U.S. BANCORP | $939.56 | 11/04/2010 |
| 0014 | U.S. BANCORP | $585.28 | 11/04/2010 |
| 0013 | U.S. BANCORP | $525.78 | 11/04/2010 |
| 0012 | U.S. BANCORP | $854.28 | 11/04/2010 |
| 0016 | U.S. BANCORP | $1.1k | 11/04/2010 |
| 0017 | U.S. BANCORP | $2.8k | 11/09/2010 |
| 0018 | U.S. BANCORP | $1.4k | 11/10/2010 |
| 0019 | U.S. BANCORP | $648.26 | 11/24/2010 |
| 0020 | U.S. BANCORP | $528.31 | 11/24/2010 |