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) intends to issue a Request for Proposal (RFP) to fulfill this requirement which it 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.
CONTRACT TYPE: At this time, this requirement is anticipated to be a single award C-Type Cost-Plus-Fixed Fee (CPFF) contract with a base period of one year (12 months) and nine one-year option periods.
ANTICIPATED PERIOD OF PERFORMANCE (PoP): DFAS will award a 10-year contract, with an anticipated PoP of April 1, 2023 – March 31, 2033
ANTICIPATED SOLICITATION RELEASE DATE: March 28, 2022
ANTICIPATED SOLICITATION RESPONSE TIME: Approximately seven weeks from RFP issuance.
The current Contractor operates approximately 60 military banking facilities and approximately 276 ATMs, in the aforementioned locations, as well as a district office in Germany, and a district office in Korea. The current Contractor also maintains a stateside operations center.
Banking Services Include:
Individual Banking Services: The Contractor provides U.S. dollar checking and/or savings accounts; cashier checks, drafts, and certificates of deposit; cashing of U.S. Treasury and other checks; selling/repurchasing of local currency; personal loans; wire transfers, and the operation of automated teller machines (ATMs) connected to major networks, in the U.S.
Services for DOs: The Contractor accepts deposits for credit to the U.S. Treasury, provides U.S. currency, local currency, operates currency custody accounts when authorized by the DoD, and provides local currency checking account services.
Services for NAFIs: The Contractor provides checking account services, U.S. currency, local currency, interest-bearing time deposits, and accounts and wire transfers.
During the performance period of the anticipated requirement, the Contractor will provide banking services similar to banking industry standards and provide periodic reports to the Government.
Cost: There are three elements of the total Contract price/cost, the Contractor’s fixed fee, bad debt write-offs, and banking operation costs. Fixed fee and bad debt are both funded by the Military Services using appropriated dollars, and the banking operation costs are funded by revenue generated inherent to banking operations. The goal from a cost perspective, is to generate enough revenue to cover all costs associated with banking operations.
SYSTEM FOR AWARD MANAGEMENT (SAM): In accordance with FAR 52.204-7, System for Award Management, registration is required in the SAM database located at https://sam.gov/.
For SAM Customer Service, contact the Federal Service Desk at: www.fsd.gov
Questions related to this Presolicitation should be directed/sent to Ms. Dana King at: firstname.lastname@example.org
Product Service Code:- R711 - SUPPORT- MANAGEMENT: BANKING
NAICS Code:- 522110 - Commercial Banking
Primary point of contact:- Ms. Dana L King, Contracting Officer email@example.com
Phone Number 6147013196
Secondary point of contact:- Mr. William Mark Mayo, Contracting Officer firstname.lastname@example.org
Phone Number 6147012774