Award
South Carolina Department of Transportation 4400028945
Trust Officer to act as Escrow Agent
Recipient
US BANK NATIONAL ASSOCIATION
Award Amount
$27,500.00
Ceiling
$27,500.00
Awarded
May 06, 2022
Identifier
4400028945
The South Carolina Department of Transportation (SCDOT) awarded a contract to US Bank National Association, located at 1441 Main Street, Suite 775, Columbia, SC 29201, to act as a Trust Officer and Escrow Agent. The contract includes two line items: a fee of $50 per document over 5 held, and an annual administration fee of $500. The total potential contract value is $27,500. The contract period spans from May 6, 2022, through May 5, 2027. Notable contract requirements include that the contractor must not perform work or incur costs prior to the contract's effective date and receipt of a purchase order from the governmental unit. The procurement officer for this contract is Emmett Kirwan.
Description
Contract for Trust Officer to act as Escrow Agent for SC Department of Transportation.