Office of Thrift Supervision
Agency facts
- Acronym
-
- OTS
- Sub-tier code
- 2047
- Organization
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-
Parent
USDOT
- OTS
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Parent
USDOT
Agency codes and contract spending come from SAM.gov/FPDS.
About this agency
The Department of the Treasury Office of Thrift Supervision is a civilian sub-agency that historically procured financial services, technology infrastructure, and administrative support for federal thrift institution oversight. Activity at OTS ended when the agency consolidated into the Office of the Comptroller of the Currency in 2011; the contract portfolio reflects procurement activity from 1989 through that merger.
The Office of Thrift Supervision closed its last recorded contract award on August 17, 2011. The portfolio includes 1,160 federal contract awards across its operating life, with combined potential value of $64.2 million and combined dollars obligated at $198 million. Award volume peaked in 2010 at 209 awards, with preceding years showing 108 in 2009, 46 in 2008, 22 in 2007, and 45 in 2011. The agency worked with 470 distinct prime contractors across its history.
Competitive concentration among primes was highly fragmented; the portfolio does not report top-prime rankings or coverage figures, indicating that no single contractor dominated the award base. The vast majority of awards—1,060 out of 1,160 (91%)—carried no set-aside designation. Small-business set-asides accounted for 52 awards (4%), 8(a) sole-source awards for 24 (2%), and Service-Disabled Veteran-Owned Small Business awards for 19 (2%). Buy Indian and Partial Small Business represented minimal shares at 4 and 1 award respectively.
No recent contract opportunities or awards are open; the agency ceased procurement activity upon consolidation in 2011. Firms pursuing Treasury's financial services or banking supervision work should direct their efforts to the Office of the Comptroller of the Currency, which absorbed OTS's functions and regulatory remit.
Quick answers
What is Office of Thrift Supervision?
Office of Thrift Supervision (OTS) is part of Department of the Treasury.
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