DoD Overseas Military Banking Program

Awarded Award Notice Posted

A newer pre-solicitation was posted. See the latest pre-solicitation from .

Solicitation number
OMBP2
Agency
Office of the Secretary of Defense Department of Defense
Awarded
to Navy Federal Credit Union
Set-aside
No set-aside

Opportunity facts

Contract number
HQ042323C0007 Federal contract award
NAICS code
522110 Commercial Banking
PSC
R711 Support- Management: Banking

Notice details come from SAM.gov. Updated .

About this opportunity

The Department of Defense (DoD) has contracted the Defense Finance and Accounting Service (DFAS) to provide banking services to overseas military installations through the DoD Overseas Military Banking Program (OMBP). The services are similar to those found in the U.S., but adapted to the dual currency environment of overseas locations. The contract, worth $1,881,524, was awarded to Navy Federal Credit Union on September 22, 2023, with operations in Cuba, Diego Garcia, Germany, Honduras, Italy, Japan, Korea, Kwajalein, Netherlands, Okinawa, and the United Kingdom.

List of Services:

  1. Banking services
  2. Financial services
  3. Adaptation to dual currency environment
  4. Management of the DoD Overseas Military Banking Program (OMBP)

Notice text

PURPOSE:  The Department of Defense (DoD) has a requirement to provide banking services to DoD overseas military installations. The Defense Finance and Accounting Service (DFAS) awarded this Contract to fulfill this requirement and intends to manage as the DoD Overseas Military Banking Program (OMBP) through the DFAS, Program Management Office (PMO).

The OMBP provides banking and financial services for United States (U.S.) forces deployed as well as DoD civilians assigned to overseas locations in a number of allied countries.  The services provided are similar to those found in the U.S., but attuned to the dual currency environment found at most overseas locations.  The DoD OMBP, was created to assure such services are provided to maintain the necessary quality of life of assigned overseas personnel, in an effective and efficient manner.

PLACE OF CONTRACT PERFORMANCE: There are multiple places of performance.  The operational area for banking services includes:  Cuba, Diego Garcia, Germany, Honduras, Italy, Japan, Korea, Kwajalein, Netherlands, Okinawa, and United Kingdom. 

Awarded contract HQ042323C0007 to NAVY FEDERAL CREDIT UNION for 1881524.00 on 2023-09-22.

Notice history

Notices posted for this opportunity, newest first
Notice Type Posted
DoD Overseas Military Banking Program Latest pre-solicitation Pre-Solicitation
DoD Overseas Military Banking Program This notice · Award Award Notice
DoD Overseas Military Banking Program Solicitation
DoD Overseas Military Banking Program Pre-Solicitation
DoD Overseas Military Banking Program Pre-Solicitation
DOD Overseas Military Banking Program Original Special Notice

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