SMCEL-JPA Recommends Five-Year U.S. Bank Extension | San Mateo County Express Lanes Joint Powers Authority | U.S. BANK TRUST COMPANY NATIONAL ASSOCIATION

Scope & details

The full contract record, as filed.

Contract amount

Not to exceed $17,000; $2,500 annual administration fee plus up to $4,500 for direct out-of-pocket expenses and extraordinary administration services

Contract type

FINANCIAL_SERVICES

Contract term

October 1, 2026 – September 30, 2031

Renewal date

2031-09-30

Renewal

Exercises the agreement’s five-year extension option. Amendment No. 1 replaces the original fee schedule while leaving the scope and other agreement terms unchanged.

Document type

AgendaPacket

Source document

San Mateo County Express Lanes Joint Powers Authority AgendaPacket 2026-10-02

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by San Mateo County Express Lanes Joint Powers Authority?

U.s. Bank Trust Company National Association was awarded this financial services contract by San Mateo County Express Lanes Joint Powers Authority, as recorded on October 2, 2026. The contract value is Not to exceed $17,000; $2,500 annual administration fee plus up to $4,500 for direct out-of-pocket expenses and extraordinary administration services.

How much is the U.s. Bank Trust Company National Association contract with San Mateo County Express Lanes Joint Powers Authority worth?

The U.s. Bank Trust Company National Association contract with San Mateo County Express Lanes Joint Powers Authority is valued at Not to exceed $17,000; $2,500 annual administration fee plus up to $4,500 for direct out-of-pocket expenses and extraordinary administration services, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a agendapacket record, structured as a not-to-exceed (ceiling) agreement.

Where was this contract approved?

This contract appears in San Mateo County Express Lanes Joint Powers Authority AgendaPacket 2026-10-02 (AgendaPacket), dated October 2, 2026 from San Mateo County Express Lanes Joint Powers Authority. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does U.s. Bank Trust Company National Association hold?

U.s. Bank Trust Company National Association may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

View U.s. Bank Trust Company National Association's profile

What is San Mateo County Express Lanes Joint Powers Authority currently buying?

Explore San Mateo County Express Lanes Joint Powers Authority's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

View San Mateo County Express Lanes Joint Powers Authority's profile