Fiscal year 2020 task order for overseas military banking program

Ended Awarded Last action

Contract number
HQ042320F0032
Awardee
Awarding agency
Obligated
$4,171,902

Award facts

Contract value 77% obligated
$5,427,876.00 Current and potential, with all options
Completion date 100% complete
Current and potential, with all options
Contracting staff
Funding agency
Office of the Secretary Headquarters, Department of Defense
NAICS code
522110 Commercial Banking
Set-aside
No set-aside
Competition
Full and Open Competition Negotiated Proposal / Quote
Pricing
Cost Plus Fixed Fee
Place of performance
San Antonio, TX 78205, USA

Award details come from SAM.gov/FPDS.

Transactions

Action Obligated Date
Funding Only Action P00003 · FY20 task order for overseas military banking program -$150,519
Funding Only Action P00002 · Fiscal year 2020 task order for overseas military banking operations -$130,455
Other Administrative Action P00001 $0
Original award $4,452,876

About this award

The Department of the Army awarded a $5,427,876 cost-plus-fixed-fee delivery order to Bank of America under the Overseas Military Banking Program. The order, which has no set-aside designation, provides banking services and support for military personnel stationed abroad through March 2021. Bank of America will perform as the prime contractor, drawing on the resources of its Global Trade and Supply Chain Finance division. The order was issued utilizing the Overseas Military Banking Program vehicle and will aid the Army in facilitating financial transactions for service members deployed outside the continental United States.

Quick answers

Who was awarded contract HQ042320F0032?

HQ042320F0032 was awarded to National Association Bank Of America by Defense Finance and Accounting Service (Department of Defense) on April 1, 2020.

How much is contract HQ042320F0032 worth?

The government has obligated $4,171,902 on HQ042320F0032. Its current value, with exercised options, is $5,427,876.

Which agency awarded contract HQ042320F0032?

Defense Finance and Accounting Service (Department of Defense) awarded HQ042320F0032, with funding from Office of the Secretary (Headquarters).

Is contract HQ042320F0032 an order under another contract?

Yes. HQ042320F0032 is a delivery order under HQ042313D0001, an indefinite delivery contract.

Was contract HQ042320F0032 competed?

The extent of competition for HQ042320F0032 was full and open competition.

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