USPS Purchasing Card
U.S. Bancorp announced yesterday that its I.M.P.A.C. Government Services unit has been awarded a five-year, $320 million per year contract, with five one-year renewal options to provide the ‘Purchasing Card Program’ for the U.S. Postal Service. This is the longest purchasing card contract awarded to date. The USPS award comes just three weeks after U.S. Bank won the competition for the world’s largest purchasing card contract, a $9 billion dollar, three-year agreement with the Department of Defense (DoD).
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