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Overseas Military Banking Program

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HQ0423-12-R-0002-SynopsisFederal

Contract Overview

Solicitation details, issuing organization, response deadlines, documents, and interested companies for this government contract opportunity.

AI Contract Overview

The Overseas Military Banking Program, managed by the Defense Finance and Accounting Service under the Department of Defense, provides essential retail banking operations across multiple international locations including Germany, Japan, Korea, and the United Kingdom. The program supports military disbursing officers, non-appropriated fund instrumentalities, and authorized personnel by offering a wide array of financial services. For individuals, these include checking and savings accounts, personal loans, currency exchange, and wire transfers. For official entities, the contractor manages Treasury deposits, currency custody accounts, and specialized checking services. This contract is structured with a five-year base period and five one-year options. The solicitation, identified as HQ0423-12-R-0002-Synopsis, was expected around May 18, 2012, and is open to all responsible sources. Interested parties must submit a Non-Disclosure Agreement to the designated point of contact to receive the necessary technical data via CD to prepare their proposals.

General Info

Agency

Department Of Defense → Defense Finance And Accounting Svc

NAICS

522110 - Commercial Banking

Place of Performance

Performance will occur at 69 full-time branches, 7 part-time branches and 320 ATMs located in 10 countries worldwide. Also a st, OH, USA

Set-Aside

NONE

Documents

No documents available

Documents will appear here when they are available.

AI Contract Breakdown

Uniform Contract Format

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Timeline

PhaseSources Sought

PostedApr 13

Sources Sought

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Organization & Contact Information

AgencyDepartment Of Defense → Defense Finance And Accounting Svc

Contacts2 people available

OfficeCOLUMBUS, OH, 432131152, USA

Organization / AgencyDepartment Of Defense → Defense Finance And Accounting Svc

Office AddressCOLUMBUS, OH, 432131152, USA

Contacts

Jon A. HouzeContract Specialist

contact@example.gov

+1 (555) 000-0000

Normand G. GomolakContracting Officer

contact@example.gov

+1 (555) 000-0000

Full Description

The Overseas Military Banking Program (OMBP) provides retail banking operations at overseas locations (Germany, the United Kingdom, the Netherlands, Italy, Kwajalein, Japan/Okinawa, Korea, Diego Garcia, Cuba, and Honduras) in support of military disbursing officers (DOs), non-appropriated fund instrumentalities (NAFIs), and authorized personnel. For individuals, these banking services include: U.S. dollar checking and savings accounts; certificates of deposit, cashiers checks and drafts, money orders, and travelers checks; U.S. savings bonds redemptions; cashing of U.S. Treasury checks for payees upon proper identification; selling and repurchasing local currency; unsecured personal loans; and inward bank transfers and wire transfers. Many U.S. Military Service members stationed overseas rely directly on the OMBP for their basic banking needs. While the OMBP was designed to provide basic financial services to military personnel overseas, it also is an important element in the Department's disbursing network and the financial institution of choice for NAFIs such as the Exchange Services. For DOs, the contractor accepts deposits for credit to the U.S. Treasury, scans both sides of negotiable instruments, provides U.S. and local currency, operates currency custody accounts when authorized by the Department of Defense (DoD), and provides checking account services. For NAFIs, the contractor provides checking account services, U.S. and local currencies, interest-bearing time deposits and accounts, and wire transfers. The expected duration of this effort will be a five-year base and five one-year options. A solicitation for these services is expected to be issued on or around May 18, 2012. All responsible sources may submit a proposal which shall be considered. Technical data required to respond to the solication can be obtained by submitting a copy of the Non-Disclosure Agreement provided as part of the solicition to the Point of Contact noted. The technical data will then be provided by CD to the interested party.