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Contract 47QFDA21C0001

Bank Of New York Mellon (The) · General Services Administration · September 28, 2023

Firm Fixed PriceFull & Open CompetitionNAICS 522110

Bank Of New York Mellon (The) was awarded a federal contract by General Services Administration (Federal Acquisition Service) on September 28, 2023 for $84.76 million of work in commercial banking. Performance is in Washington, DC. It was awarded under full and open competition. The contract has been modified 3 times since the base award It uses firm fixed-price contract pricing. The most recent modification was on November 3, 2025. If all options are exercised, the contract could reach $871.41 million.

Obligated to date
$84.76M
$84,757,156
Current value
$270.02M
Potential value
$871.41M
if all options exercised
Modifications
3
Latest November 3, 2025

Contract details

PIID
47QFDA21C0001
Award type
Definitive Contract
Pricing
Firm Fixed Price
Set-aside
No Set Aside Used.
Competition
Full And Open Competition
NAICS
522110 · Commercial Banking
Product / service
Support- Management: Financial
Place of performance
Washington, DC
First action
September 28, 2023
Latest action
November 3, 2025

Description

MIGRATED ID11200023 GINNIE MAE MORTGAGE BACKED SECURITIES ISSUANCE AND BOND ADMINISTRATION MODIFICATION P00020 REALIGN EXCESS FUNDS FROM OPTION PERIOD 3 TO OPTION PERIOD 4.

Modification timeline

  • November 3, 2025
    Mod P00020 · Funding Only Action
    $244.47M
  • June 25, 2025
    Mod P00019 · Exercise An Option
    MIGRATED ID11200023 GINNIE MAE MORTGAGE BACKED SECURITIES ISSUANCE AND BOND ADMINISTRATION. MOD P00019 EXERCISE OPTION TO EXTEND THE TERM OF THE CONTRACT (FAR 52.217-9) FROM 7/1/2025 - 6/30/2026 (OY4…
    $244.47M
  • June 27, 2024
    Mod P00014 · Exercise An Option
    MIGRATED ID11200023 GINNIE MAE MORTGAGE BACKED SECURITIES ISSUANCE AND BOND ADMINISTRATION. MOD P00014 EXERCISE OPTION YEAR 3 AND KEY PERSONNEL CHANGES.
    $201.98M
  • September 28, 2023
    Mod P00012 · Funding Only Action
    MIGRATED ID11200023 GINNIE MAE MORTGAGE BACKED SECURITIES ISSUANCE AND BOND ADMINISTRATION. MOD P00012 FUNDS REALIGNMENT
    $159.71M

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Top contractors in NAICS 522110

Lifetime obligated dollars across all federal contracts in this NAICS code.

#ContractorContractsObligated
1Citibank, N.A.15$134.07M
2U.S. Bank National Association12$3.76M
3Umb Bank, N.A.1$250.0K
4U.S. Bancorp16$7.2K
5Hancock Whitney Bank1$2.2K
6Bank Of New York Mellon (The)1$0
7Citibank, National Association2$0
8Armed Forces Bank, National Association1$0
9Miscellaneous Foreign Awardees1$0
10Principal Bank1$-500

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Frequently asked questions

What is contract 47QFDA21C0001?

Contract 47QFDA21C0001 is a federal contract awarded to Bank Of New York Mellon (The) by General Services Administration on September 28, 2023 for $84.76 million of work classified under COMMERCIAL BANKING. It has been modified 3 times since the base award.

Who won contract 47QFDA21C0001?

Bank Of New York Mellon (The) won contract 47QFDA21C0001 from General Services Administration.

How much is contract 47QFDA21C0001 worth?

Contract 47QFDA21C0001 has obligated $84.76 million to date, with a total potential value of $871.41 million if all options are exercised.