The purpose of this contract is to provide payment services for CMS in the following two arenas: 1) to disburse medicare payments authorized by the macs, and 2) to disburse payment for CMS…
Ended Definitive Contract Awarded Last action
- Contract number
- 75FCMC25C0002
- Awardee
-
National Association Citibank UEI GMJYK3486VS4
- Awarding agency
-
Centers for Medicare and Medicaid Services
Department of Health and Human Services
- Obligated
- $958,552
Award facts
- Contract value 100% obligated
- $958,551.51 Current and potential, with all options
- Completion date 100% complete
- Current and potential, with all options
- NAICS code
- 522110 Commercial Banking
- PSC
- R711 Support- Management: Banking
- Set-aside
- No set-aside
- Competition
- Not Competed · 1 offer Only One Source
- Pricing
- Firm Fixed Price
- Place of performance
- Windsor Mill, Milford Mill, MD 21244, USA
- Legislative mandates
-
- Employment Eligibility Verification (E-Verify) FAR subpart 22.18
- Service Contract Inventory FAR subpart 4.17
Award details come from SAM.gov/FPDS.
Transactions
| Action | Obligated | Date |
|---|---|---|
| Other Administrative Action | $0 | |
| Other Administrative Action | $0 | |
| Supplemental Agreement for work within scope | $5,008 | |
| Exercise an Option | $1,824 | |
| Exercise an Option | $481,952 | |
| Original award | $469,767 |
About this award
The Centers for Medicare and Medicaid Services (CMS) awarded a firm fixed-price definitive contract to National Association Citibank (doing business as Citibank) on January 1, 2025, with a ceiling value of $958,551.51 and an ultimate completion date of June 30, 2026. The contract provides commercial banking services to support two primary functions: disbursing Medicare payments authorized by Medicare Administrative Contractors (MACs) and processing payments for CMS demonstration and model projects. Performance will be conducted at Citibank's facility in Windsor Mill, Milford Mill, Maryland. No set-aside designation was used in this competitive award.
Citibank, a subsidiary of Citigroup Inc. and registered in the System for Award Management since 2009, brings substantial expertise in federal payment processing and financial services. The contractor maintains an extensive portfolio of federal banking contracts, including significant Indefinite Delivery Contracts with the Department of Energy and Social Security Administration. This CMS engagement leverages Citibank's established capabilities in payment disbursement and financial administration, supporting the efficient distribution of Medicare benefits and demonstration project funding within CMS's broader healthcare payment infrastructure.
Description
The purpose of this contract is to provide payment services for CMS in the following two arenas: 1) to disburse medicare payments authorized by the macs, and 2) to disburse payment for CMS demonstration projects.
Quick answers
Who was awarded contract 75FCMC25C0002?
75FCMC25C0002 was awarded to National Association Citibank by Centers for Medicare and Medicaid Services (Department of Health and Human Services) on January 1, 2025.
How much is contract 75FCMC25C0002 worth?
The government has obligated $958,552 on 75FCMC25C0002.
Was contract 75FCMC25C0002 competed?
The extent of competition for 75FCMC25C0002 was not competed. The government received 1 offer.
On GovTribe
See this award's full record
- Every transaction and funding action
- The awardee's other awards and teaming partners
- Similar awards and recompete opportunities
- Ask GovTribe AI about this award