FY08 delivery order for the overseas military banking program

Ended Awarded Last action

Contract number
0007
Awardee
Awarding agency
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
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 4 · Overseas military banking program-deobligation of excess FY08 funds for bad debt and death of a borrower expenses (subclin 0024AB). -$1,688
Funding Only Action 3 · Additional funding, subclin 00024AB $100,000
Other Administrative Action 2 · Fixed fee for check 21 implementation. $16,783
Change Order 1 · Additional fee $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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