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Payment Processing and Financial Administration

Active
Federal

Contract Overview

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

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This contract involves providing secure electronic payment processing services specifically for prize funds of up to $50,000 each awarded to Minority Serving Institutions. The scope of work includes verification of payment eligibility, disbursement of the funds, and maintaining accurate records of all transactions to ensure compliance and traceability. The contract falls under a Total Small Business Set-Aside as per FAR 19.5, supporting small business participation. The contract is issued by NASA Johnson Space Center and is designated as a subcontract focused on financial administration and payment processing within the NAICS code 522298, which pertains to activities related to financial transactions. The work is performed in Houston, with the ZIP code 77058, ensuring local performance requirements. Overall, this agreement facilitates efficient, secure, and compliant handling of prize distributions to support minority education initiatives associated with NASA’s mission.

General Info

Secure payment processing for $50,000 prizes to Minority Serving Institutions, supporting small businesses.

NAICS

522298 - All Other Nondepository Credit Intermediation

Place of Performance

Houston, TX, 77058, USA

Set-Aside

SBA

Documents

This scope was carved out of 80JSC025F0024.

The full solicitation package (1 document), including the RFP, is on the prime solicitation, not on this scope.

View the prime solicitation

MPLAN (MUREP Partnership Annual Notification) 2025 Awardee Payment Processing Task Order 009-80JSC025F0024

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Timeline

Posted

subcontract

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Organization & Contact Information

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AgencyNational Aeronautics And Space Administration → NASA Johnson Space Center
ContactsNo contacts available
OfficeN/A
Office AddressN/A
ContactsNo contact information available

Full Description

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Execute secure electronic payment processing for prize funds up to $50,000 each to Minority Serving Institutions, including verification, disbursement, and recordkeeping.

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Same NAICS industry code

NAICS: 522298
DIBBS
Small Business Subcontracting – Accelerated Payment ServicesThe contract supports accelerated payment services to small business subcontractors delivering financial services in full compliance with FAR 52.232-40 and adhering to WAWF invoicing timelines. It enables timely cash flow to small businesses by facilitating early payment options without compromising federal procurement regulations, ensuring that subcontractors receive funds promptly upon successful invoice submission through the WAWF system. This initiative is designed to strengthen the financial stability of small business partners within the Department of Defense supply chain by removing payment delays that often hinder operational agility. The Defense Logistics Agency, under the Department of Defense, is the administering entity for this subcontract, targeting financial service providers capable of integrating seamlessly with existing government invoicing infrastructure. The NAICS code 522298 indicates the scope involves other financial investment activities, suggesting the contractor will offer structured payment acceleration solutions rather than traditional lending. The contract does not specify a place of performance or set-aside classification, allowing broad eligibility for qualified service providers nationwide. The service must guarantee full alignment with federal compliance standards while maintaining secure, auditable transaction records tied directly to WAWF submission and approval workflows.
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