Commercial Banking Services for Medicare Administrative Contractors

Notice of Contract Award for Solicitation RFP-CMS-2009-0028: Solicitation RFP-CMS-2009-0028 has been awarded. Workload A was awarded on February 17, 2010, to U.S. Bank, and Workload B was awarded on March 3, 2010, to J.P. Morgan Chase Bank. U.S. Bank was deemed to be a responsible bidder, and they submitted a technically acceptable proposal that presented the lowest cost to the government for Workload A. The base year of the contract award is for $323,140.63, with a total contract amount (for base year and all four potential option periods) of $1,885,280.45. J.P. Morgan Chase was deemed to be a responsible bidder, and they submitted a technically acceptable proposal that presented the lowest cost to the government for Workload B. The base year of the contract award is for $557,488.47, with a total contract amount (for base year and all four potential option periods) of $2,959,658.75.