Contract OPIC11C0056

Pnc Bank, National Association · Overseas Private Investment Corporation · August 16, 2011

Fixed Price Level Of EffortFull & Open CompetitionNAICS 522320

Pnc Bank, National Association was awarded a federal contract by Overseas Private Investment Corporation on August 16, 2011 for $2.69 million of work in financial transactions processing, reserve, and clearinghouse activities. Performance is in Washington, DC. It was awarded under full and open competition. The contract has been modified 9 times since the base award It uses firm fixed-price contract pricing. The most recent modification was on April 10, 2018.

Obligated to date
$2.69M
$2,690,150
Current value
$2.69M
Potential value
$3.01M
if all options exercised
Modifications
9
Latest April 10, 2018

Contract details

PIID
OPIC11C0056
Award type
Definitive Contract
Pricing
Fixed Price Level Of Effort
Set-aside
No Set Aside Used.
Competition
Full And Open Competition
NAICS
522320 · Financial Transactions Processing, Reserve, And Clearinghouse Activities
Product / service
Support- Management: Financial
Place of performance
Washington, DC
First action
August 16, 2011
Latest action
April 10, 2018

Description

CLOSEOUT CONTRACT AND DEOBLIGATE FUNDS

Modification timeline

  • April 10, 2018
    Mod M009
    $-121.8K
  • July 11, 2016
    Mod M008
    ADDITIONAL FUNDING
    $100.0K
  • August 18, 2015
    Mod M007
    LOAN MONITORING AND ASSET MANAGEMENT SERVICES
    $511.0K
  • September 29, 2014
    Mod M006
    FINANCIAL MONITORING SERVICES.
    $550.0K
  • September 4, 2014
    Mod M005
    LOAN SERVICING
    $0
  • January 17, 2014
    Mod M004
    PROVIDE ASSET MANAGEMENT
    $511.0K
  • August 15, 2013
    Mod M003
    LOAN MONITORING
    $0
  • June 7, 2013
    Mod M002
    PROVIDE ASSET MANAGEMENT SERVICES.
    $180.0K
  • May 1, 2013
    Mod M001
    LOAN SUPPORT AND ASSET MANAGEMENT SERVICES
    $260.0K
  • August 16, 2011
    Base award
    PROVIDE LOAN SUPPORT AND ASSET MANAGEMENT SERVICES TO A GROWING PORTFOLIO OF DIRECT LOANS AND INVESTMENT GUARANTEES.
    $700.0K

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Frequently asked questions

What is contract OPIC11C0056?

Contract OPIC11C0056 is a federal contract awarded to Pnc Bank, National Association by Overseas Private Investment Corporation on August 16, 2011 for $2.69 million of work classified under FINANCIAL TRANSACTIONS PROCESSING, RESERVE, AND CLEARINGHOUSE ACTIVITIES. It has been modified 9 times since the base award.

Who won contract OPIC11C0056?

Pnc Bank, National Association won contract OPIC11C0056 from Overseas Private Investment Corporation.

How much is contract OPIC11C0056 worth?

Contract OPIC11C0056 has obligated $2.69 million to date, with a total potential value of $3.01 million if all options are exercised.