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Department of the Treasury Awarded a Contract to NATIONAL ASSOCIATES, INC. for $718,975.26

Signed on

8/5/2022, 12:00 AM

NATIONAL ASSOCIATES, INC. Government Contract #2033H622F00149

NATIONAL ASSOCIATES, INC. was awarded a contract with the United States Government for $718,975.26. The contract was awarded by the agency office FISCAL SERVICE, which is a division with the Bureau of the Fiscal Service within the Department of the Treasury.

Summary of Award

The contract in question, identified by the unique award ID "CONT_AWD_2033H622F00149_2036_2033H620A00022_2036," is a significant example of government procurement activity, involving a collaboration between the Department of the Treasury and National Associates, Inc. This contract falls under the category type "BPA CALL," which often signifies the issuance of a call order under a Blanket Purchase Agreement (BPA) typically used for long-term and larger supply contracts.

**Contract Overview and Description**

The primary aim of this contract is to provide temporary services for locations in Philadelphia and Kansas City. It is a task-specific contract under the administrative support services category and specifically coded as "R699," indicating miscellaneous support services. This aligns with the NAICS code "561320," denoting "Temporary Help Services." The contract was signed on August 5, 2022, and covers a period of performance from August 4, 2022, to September 30, 2023. The total value of the obligations under the contract is $840,000, with a current account outlay of $718,975.26, indicating that a substantial part of the service obligations has been financially committed under the terms of this agreement. **Agency Involvement and Award Details** The Department of the Treasury, particularly the Bureau of the Fiscal Service, is the awarding and funding agency for this contract. This highlights the Bureau's ongoing responsibilities in managing financial operations and services, requiring temporary staffing solutions to ensure continued operations in their various service areas. **Executed Transactions** 1. **Initial Transaction** (August 5, 2022): This transaction marked the beginning of the contractual obligations with National Associates, Inc., with a substantial transaction amount of $840,000. This was likely set aside to adequately fund the anticipated staffing needs and administrative support defined by the contract. 2. **Subsequent Transaction Activity** (July 20, 2023): An additional transaction was recorded, identified with a mod number "P00001," but reflected a transaction amount of $0. This might signify a contract amendment or adjustment that did not alter the financial obligations but perhaps extended or modified service deliverables. 3. **Recent Adjustment** (April 10, 2025): The latest transaction, with a modification tagged "P00002," reflects a negative transaction amounting to -$121,024.74. This indicates a financial adjustment, possibly a de-obligation or reduction in previously committed funds. Such adjustments can occur due to various reasons, such as the contract being completed under budget, changes in service requirements, or a settlement of final accounts that reduces the total financial obligation initially envisioned. **Recipient Information** National Associates, Inc., the recipient of this contract, is a business entity characterized by several significant attributes. It is a small business participant in the 8(a) Program, which supports businesses owned by minorities and other socially disadvantaged groups. Moreover, it has a veteran-owned status, further enhancing its diversified business credentials. These business categories highlight National Associates, Inc.'s unique qualification to secure federal contracts, especially those set aside for small disadvantaged businesses. The company is located at 1101 Connecticut Ave NW, Ste 450, Washington, DC, underscoring its accessibility to the federal marketplace, and its operations are routed through key urban areas, which align strategically with its business focus on providing temporary administrative support services. **Services Offered** Specializing in temporary help services, National Associates, Inc. provides crucial staffing solutions that enable government entities like the Department of the Treasury to maintain seamless operational continuity. These services are mission-critical, particularly in administrative roles within federal agencies, facilitating vetting, processing, and other vital functions that would otherwise require lengthy recruitment processes. **Summary and Implications** The contract with National Associates, Inc. represents a vital link in the government's pursuit to maintain efficiency in staffing and administrative management. By leveraging the company's expertise in temporary help services, the Bureau of the Fiscal Service aims to address immediate staffing needs without the burdensome intricacies of permanent hiring. This engagement not only demonstrates effective use of BPA arrangements to streamline procurement processes but also illustrates the government's commitment to supporting small, disadvantaged businesses. By engaging entities like National Associates, Inc., the federal government not only addresses its operational requirements but also promotes economic empowerment among minority-owned and veteran-owned businesses, fostering diversity in federal contracting. Ultimately, this contract reflects a strategic synergy between the federal government and the private sector, ensuring operational efficacy through a structured, fair, and competitive procurement process, while providing economic opportunities to small and disadvantaged businesses.

Contract Details

Contract ID2033H622F00149
Contract TypeA
Total Obligation$718,975.26
Exercised Options$718,975.26
Base Amount + Options$718,975.26
Date Signed2022-08-05
Contract DescriptionCALL FOR TEMP SERVICES FOR PHILADELPHIA AND KANSAS CITY LOCATONS
Start Date2022-08-04
End Date2023-09-30

Agency Details

Awarding AgencyDepartment of the Treasury
Awarding Sub AgencyBureau of the Fiscal Service
Awarding OfficeFISCAL SERVICE
Funding AgencyDepartment of the Treasury
Funding Sub AgencyBureau of the Fiscal Service
Funding OfficeFISCAL SERVICE

Recipient Details

RecipientNATIONAL ASSOCIATES, INC.
Recipient Location1101 CONNECTICUT AVE NW STE 450 WASHINGTON DISTRICT OF COLUMBIA, UNITED STATES
Business Categories8(a) Program Participant, Category Business, Self-Certified Small Disadvantaged Business, Small Business, Small Disadvantaged Business, Special Designations, U.S.-Owned Business, Veteran Owned Business

Comments

Award Transactions

Transaction #P00002$-121,024.74April 10, 2025

Bureau of the Fiscal Service, a sub agency of Department of the Treasury, issued a payment of $-121,024.74 to NATIONAL ASSOCIATES, INC.. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00001$0.00July 20, 2023

Bureau of the Fiscal Service, a sub agency of Department of the Treasury, issued a payment of $0.00 to NATIONAL ASSOCIATES, INC.. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #0$840,000.00August 5, 2022

Bureau of the Fiscal Service, a sub agency of Department of the Treasury, issued a payment of $840,000.00 to NATIONAL ASSOCIATES, INC.. The payment included a Subsidy Cost of $0.00.