Military Industrial Complex

Bank of America NA, Military Bank-Overseas Division defense contract for the Defense Finance and Accounting Service given on 10/1/2008

Authored By Staff Writer | Last Updated: 10/1/2008

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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: 10/1/2008
Department: Defense Finance and Accounting Service

Contract Details: Bank of America N.A., Military Bank-Overseas Division, San Antonio, Texas, is being awarded a Fiscal Year 2009 option of $7,158,256 to provide full banking services to authorized individuals that include, active duty U.S. military personnel; Department of Defense civilian employees who are U.S. citizens; U.S. citizens who are employees of all other U.S. Government departments, agencies, private organizations, and nonappropriated fund instrumentalities carrying on functions on a Department of Defense installations overseas; as well as authorized family members of such military and civilian employees. Work will be performed in San Antonio Texas, and at various overseas DOD locations. The date of performance completion under this option is Sept. 30, 2009. The estimated aggregate face value of this contract at time of award was $35,246,044. The DFAS Contract Services Directorate, Columbus, Ohio is the contracting activity (MDA210-02-D-0003-0008).

Total Contract Value: $7,158,256

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