U.S. Postal Service Signs Contracts for Mail Transport Equipment Service Centers

Strategic Insights -

The U.S. Postal Service has entered into contracts with four companies to operate 22 Mail Transport Equipment Service Centers, including one in Jacksonville, Florida. The service has signed a five-year, $245 million contract with DynCorp of Reston, Va., to operate the Jacksonville center, among others, with each center employing 150 to 200 people and set to be operational by the end of 1999.

Key Takeaways:

  • The U.S. Postal Service has signed a five-year, $245 million contract with DynCorp to operate 22 Mail Transport Equipment Service Centers, including one in Jacksonville.
  • The Jacksonville center, located at the Westside Industrial Park, is expected to employ 150 to 200 people and be operational by the end of 1999.
  • Each center will operate under a contract worth approximately $41 million.
  • The other centers will be operated by companies including Alan Ritchey, DDD Co., and Resource Consultants Inc.
  • No holdovers from the old Barnett Banks Inc. board are included in the new board of directors of BankAmerica Corp.

Statistics:

  • $245 million: total contract value for DynCorp to operate 22 Mail Transport Equipment Service Centers
  • $41 million: approximate value per center
  • 150-200: number of people employed at each center
  • 22: number of Mail Transport Equipment Service Centers to be operated by the contractors
  • 5 years: duration of the contract

Sources:

  • "U.S. Postal Service Signs Contracts for Mail Transport Equipment Service Centers" (no date or publication mentioned)
  • "BankAmerica Corp. Has New Board of Directors" (no date or publication mentioned)
  • "Chrysler Faces Charges in Pollution Case" by The Kokomo Tribune (no date mentioned, but reported on April 2, 1997)