FY08 delivery order for the overseas military banking program
Ended Awarded Last action
- Contract number
- 0007
- Awardee
-
National Association Bank Of America UEI WH2NJX9GKDV5 Part of Bank Of America Corporation
- Awarding agency
-
Defense Finance and Accounting Service
Department of Defense
- Obligated
- $7,364,499
Award facts
- Contract value 100% obligated
- $7,364,499.23 Current and potential, with all options
- Completion date 100% complete
- Current and potential, with all options
- Contracting staff
- NAICS code
- 522110 Commercial Banking
- PSC
- R711 Support- Management: Banking
- Set-aside
- No set-aside
- Competition
- Full and Open Competition · 2 offers Negotiated Proposal / Quote
- Pricing
- Combination (two or more)
- Place of performance
- San Antonio, TX 78205, USA
Award details come from SAM.gov/FPDS.
Transactions
| Action | Obligated | Date |
|---|---|---|
| Funding Only Action | -$1,688 | |
| Funding Only Action | $100,000 | |
| Other Administrative Action | $16,783 | |
| Change Order | $110,148 | |
| Original award | $7,139,256 |
About this award
The U.S. Department of Defense's Defense Finance and Accounting Service awarded a delivery order contract to the National Association Bank of America, doing business as Bank of America BR# Lsn-730290, for the Overseas Military Banking Program. This cost-plus-fixed-fee contract, with a potential value of $7,364,499.23, provides banking services to support the financial needs of U.S. military personnel stationed abroad. The contract has no set-aside designation. As the prime contractor, Bank of America, through its Global Trade and Supply Chain Finance division, facilitates financial transactions and meets the banking requirements of service members deployed outside the continental United States. This delivery order is part of a larger program, as the National Association Bank of America has received multiple similar orders from the Department of the Army Headquarters Office of the Secretary, with completion dates ranging from March 2020 to 2024 and potential values between $5 million and $10 million.
Quick answers
Who was awarded contract 0007?
0007 was awarded to National Association Bank Of America by Defense Finance and Accounting Service (Department of Defense) on October 1, 2007.
How much is contract 0007 worth?
The government has obligated $7,364,499 on 0007.
Is contract 0007 an order under another contract?
Yes. 0007 is a delivery order under MDA21002D0003, an indefinite delivery contract.
Was contract 0007 competed?
The extent of competition for 0007 was full and open competition. The government received 2 offers.
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