Military Industrial Complex

Bank of America NA, Military Bank - Overseas Division defense contract for the Defense Finance and Accounting Service given on 9/6/2011

Authored By Staff Writer | Last Updated: 9/6/2011

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Per the US DoD, * Indicates a "small business" classification and ** indicates a "small disadvantaged business". NOTE: the US DoD only publicly reports contracts valued at $6.5 million USD or greater.

Principle Contractor: Bank of America NA, Military Bank - Overseas Division
Date Reported: 9/6/2011
Department: Defense Finance and Accounting Service

Contract Details: Bank of America, N.A., Military Bank-Overseas Division, San Antonio, Texas, was awarded fiscal 2012 option of $7,000,000 as part of contract MDA210-02-D-0003-0011 ($55,464,050) to provide full banking services that are comparable, in scope and cost, to those available in the continental United States to authorized individuals that include active duty U.S. military personnel; DoD civilian employees who are U.S. citizens; U.S. citizens who are employees of all other U.S. government departments, agencies, private organizations and non-appropriated fund instrumentalities carrying on functions on a DoD installation overseas; as well as authorized family members of such military and civilian employees. The program management office is in San Antonio, Texas; however, the majority of the work is performed on U.S. military facilities in Germany, the Netherlands, the United Kingdom, Italy, Korea, Diego Garcia, Honduras, Cuba, Japan, Okinawa, and the Kwajalein Atoll. Under this option, work will be performed from Oct. 1, 2011 through Sept. 30, 2012. The DFAS Contract Services Directorate, Columbus, Ohio, is the contracting activity (MDA210-02-D-0003-0011).

Total Contract Value: $7,000,000

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