Contract 28321320D00060010

Citibank, National Association · Social Security Administration · July 21, 2020

Firm Fixed PriceNAICS 522320

Citibank, National Association was awarded a federal contract by Social Security Administration on July 21, 2020 for an undisclosed amount of work in financial transactions processing, reserve, and clearinghouse activities. It was awarded under full and open competition. The contract has been modified 7 times since the base award It uses firm fixed-price contract pricing. The most recent modification was on August 8, 2025. If all options are exercised, the contract could reach $418,000.

Potential value
$417.7K
if all options exercised
Modifications
7
Latest August 8, 2025

Contract details

PIID
28321320D00060010
Award type
Pricing
Firm Fixed Price
Set-aside
No Set Aside Used.
Competition
Competed Under Sap
NAICS
522320 · Financial Transactions Processing, Reserve, And Clearinghouse Activities
Product / service
Support- Management: Banking
First action
July 21, 2020
Latest action
August 8, 2025

Description

THIRD PARTY PAYMENT SYSTEM (TPPS) BANK SERVICES CONTRACT - MODIFICATION TO EXERCISE THE OPTION TO EXTEND SERVICES CLAUSE FOR 6 MONTHS FROM 9/1/2025 THROUGH 2/28/2026

Modification timeline

  • August 8, 2025
    Mod P00007
    THIRD PARTY PAYMENT SYSTEM (TPPS) BANK SERVICES CONTRACT - MODIFICATION TO EXERCISE THE OPTION TO EXTEND SERVICES CLAUSE FOR 6 MONTHS FROM 9/1/2025 THROUGH 2/28
    $0
  • August 4, 2025
    Mod P00006
    THIRD PARTY PAYMENT SYSTEM (TPPS) BANK SERVICES CONTRACT - MODIFICATION TO EXERCISE THE OPTION TO EXTEND SERVICES CLAUSE FOR 6 MONTHS FROM 9/1/2025 THROUGH 2/28
    $0
  • August 8, 2024
    Mod P00005
    THIRD PARTY PAYMENT SYSTEM (TPPS) BANK SERVICES CONTRACT - MODIFICATION TO EXERCISE OPTION PERIOD IV SERVICES FROM 9/1/2024 THROUGH 8/31/2025
    $0
  • August 1, 2023
    Mod P00004
    THIRD PARTY PAYMENT SYSTEM (TPPS) BANK SERVICES CONTRACT - MODIFICATION TO EXERCISE OPTION YEAR 3 SERVICES FROM 9/1/2023 THROUGH 8/31/2024
    $0
  • November 16, 2022
    Mod P00003
    THIRD PARTY PAYMENT SYSTEM (TPPS) BANK SERVICES CONTRACT - MODIFICATION TO REVISE STATEMENT OF WORK
    $0
  • August 1, 2022
    Mod P00002
    THIRD PARTY PAYMENT SYSTEM (TPPS) BANK SERVICES CONTRACT - MODIFICATION TO EXERCISE OPTION PERIOD 2 SERVICES FROM 9/1/2022 - 8/31/2023
    $0
  • August 4, 2021
    Mod P00001
    THIRD PARTY PAYMENT SYSTEM (TPPS) BANK SERVICES CONTRACT - MODIFICATION TO EXERCISE OPTION PERIOD I
    $0
  • July 21, 2020
    Base award
    THIRD PARTY PAYMENT SYSTEM (TPPS) BANK SERVICES CONTRACT
    $0

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Frequently asked questions

What is contract 28321320D00060010?

Contract 28321320D00060010 is a federal contract awarded to Citibank, National Association by Social Security Administration on July 21, 2020 for an undisclosed amount of work classified under FINANCIAL TRANSACTIONS PROCESSING, RESERVE, AND CLEARINGHOUSE ACTIVITIES. It has been modified 7 times since the base award.

Who won contract 28321320D00060010?

Citibank, National Association won contract 28321320D00060010 from Social Security Administration.

How much is contract 28321320D00060010 worth?

Contract 28321320D00060010 has obligated $0 to date but carries a potential ceiling of $418,000 if fully funded and all options are exercised.