Contract HQ042323C0007
Navy Federal Credit Union · Department Of Defense · June 27, 2024
Navy Federal Credit Union was awarded a federal contract by Department Of Defense (Defense Finance And Accounting Service) on June 27, 2024 for $2.55 million of work in commercial banking. Performance is in San Antonio, TX. It was awarded under full and open competition. The contract has been modified 4 times since the base award It uses cost-plus contract pricing. The most recent modification was on September 30, 2025. If all options are exercised, the contract could reach $71.44 million.
Contract details
- PIID
- HQ042323C0007
- Award type
- Definitive Contract
- Pricing
- Cost Plus Fixed Fee
- Set-aside
- No Set Aside Used.
- Competition
- Full And Open Competition
- NAICS
- 522110 · Commercial Banking
- Product / service
- Support- Management: Banking
- Place of performance
- San Antonio, TX
- First action
- June 27, 2024
- Latest action
- September 30, 2025
Description
OVERSEAS MILITARY BANKING SERVICES
Modification timeline
-
September 30, 2025Mod P00015 · Funding Only Action$16.65M
-
September 24, 2025Mod P00014 · Funding Only Action$16.65M
-
August 1, 2025Mod P00013 · Other Administrative Action$16.65M
-
June 30, 2025Mod A00002 · Supplemental Agreement For Work Within ScopeUNDEFINITIZED ORDER$16.60M
-
June 27, 2024Mod P00007 · Funding Only ActionOVERSEAS MILITARY BANKING PROGRAM$15.26M
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Top contractors in NAICS 522110
Lifetime obligated dollars across all federal contracts in this NAICS code.
| # | Contractor | Contracts | Obligated |
|---|---|---|---|
| 1 | Citibank, N.A. | 15 | $134.07M |
| 2 | U.S. Bank National Association | 12 | $3.76M |
| 3 | Umb Bank, N.A. | 1 | $250.0K |
| 4 | U.S. Bancorp | 16 | $7.2K |
| 5 | Hancock Whitney Bank | 1 | $2.2K |
| 6 | Bank Of New York Mellon (The) | 1 | $0 |
| 7 | Citibank, National Association | 2 | $0 |
| 8 | Armed Forces Bank, National Association | 1 | $0 |
| 9 | Miscellaneous Foreign Awardees | 1 | $0 |
| 10 | Principal Bank | 1 | $-500 |
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Frequently asked questions
What is contract HQ042323C0007?
Contract HQ042323C0007 is a federal contract awarded to Navy Federal Credit Union by Department Of Defense on June 27, 2024 for $2.55 million of work classified under COMMERCIAL BANKING. It has been modified 4 times since the base award.
Who won contract HQ042323C0007?
Navy Federal Credit Union won contract HQ042323C0007 from Department Of Defense.
How much is contract HQ042323C0007 worth?
Contract HQ042323C0007 has obligated $2.55 million to date, with a total potential value of $71.44 million if all options are exercised.