Third party payment system (tpps) bank services contract
Ended Indefinite Delivery Contract Awarded Last action
- Contract number
- 28321320D00060010
- Awardee
-
National Association Citibank UEI GMJYK3486VS4 Part of Citigroup Inc.
- Awarding agency
-
Social Security Administration
- Task orders
- 5 $144,814 obligated
Award facts
- Opportunity
-
- Third Party Payment System (TPPS) Bank Services Co Solicitation · 28321320Q00000175 · Posted Feb 24, 2020
- Combined order value
- $144,814 Current and potential, with all options
- Last date to order 100% complete
- IDV ceiling 35% used
- $417,733.08
- Award type
- Single award
- Who can order
- Only the awarding agency
- NAICS code
- 522320 Financial Transactions Processing, Reserve, and Clearinghouse Activities
- PSC
- R711 Support- Management: Banking
- Set-aside
- No set-aside
- Competition
- Competed under SAP · 2 offers Simplified Acquisition
- Pricing
- Firm Fixed Price
Award details come from SAM.gov/FPDS.
About this IDV
The federal contract IDV award is for Third Party Payment System (TPPS) banking services provided by Citibank to the Social Security Administration (SSA). Citibank, a subsidiary of Citigroup Inc., was awarded a single-award indefinite delivery contract with a ceiling value of $417,733.08 to provide specialized banking services to support the SSA's TPPS program, which facilitates the distribution of benefits to recipients.
The contract has yielded four delivery orders to date totaling $168,035, with the most recent order valued at $21,700.56 covering the period from September 1, 2024 through August 31, 2025. The delivery orders are firm-fixed-price and do not utilize any set-aside designations. Citibank will perform the contracted banking services primarily in Baltimore, Maryland and Sioux Falls, South Dakota. The original solicitation for the TPPS banking services contract was posted by the SSA in February 2020, with an award made in July 2020.
Task orders
Transactions
| Action | Obligated | Date |
|---|---|---|
| Other Administrative Action | $0 | |
| Exercise an Option | $0 | |
| Exercise an Option | $0 | |
| Exercise an Option | $0 | |
| Supplemental Agreement for work within scope | $0 | |
| Exercise an Option | $0 | |
| Exercise an Option | $0 | |
| Original award | $0 |
Quick answers
Who was awarded contract 28321320D00060010?
28321320D00060010 was awarded to National Association Citibank by Social Security Administration on July 21, 2020.
How much is contract 28321320D00060010 worth?
Orders under 28321320D00060010 have obligated $144,814. 28321320D00060010's own ceiling is $417,733.
How many orders have been placed under contract 28321320D00060010?
5 orders have been placed under 28321320D00060010, the latest on August 8, 2024.
Who can order from contract 28321320D00060010?
28321320D00060010 is a single award indefinite delivery contract. Only the awarding agency can place orders on it.
Was contract 28321320D00060010 competed?
The extent of competition for 28321320D00060010 was competed under sap. The government received 2 offers.
On GovTribe
See this IDV's full record
- Every order and transaction
- The awardee's other awards and teaming partners
- Similar IDVs and recompete opportunities
- Ask GovTribe AI about this IDV