Award
Alameda County Alamedagsa #RFP #901880
Purchasing Card Program Services Contract
Recipient
MUFG Union Bank, N.A.
Award Amount
$536,250.00
Ceiling
$536,250.00
Awarded
March 16, 2021
Identifier
RFP #901880
The Alameda County General Services Agency awarded a contract to MUFG Union Bank, N.A., located at 350 California Street, 20th Floor, San Francisco, CA 94104, to provide purchasing card program services. The contract spans from April 1, 2021, to March 31, 2026, supporting approximately 278 cardholders across 25 county business units. The program facilitates procurement transactions up to $3,000 per purchase, with an average annual spend exceeding $6 million. The contract includes a rebate incentive based on annual spend, with a potential maximum rebate of $500,000 over five years. The award followed a competitive RFP process, with MUFG Union Bank, N.A. being the highest scoring bidder among two responses. The contract does not involve subcontracting opportunities and has a Small Local Emerging Business (SLEB) waiver in place. The rebate earned will be deposited into the Countywide General Fund, with no increase in net County cost.
Description
Contract awarded to MUFG Union Bank, N.A. to provide purchasing card program services to Alameda County for the term of April 1, 2021 to March 31, 2026. The contract includes a rebate payment incentive based on annual spend, with a potential maximum rebate estimated at $500,000 over five years. The contract value is $536,250 (rebate).