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Consumer Financial Protection Bureau Awarded a Contract to NETSYNC NETWORK SOLUTIONS, INC. for $1,526,264.33

Signed on

9/19/2022, 12:00 AM

NETSYNC NETWORK SOLUTIONS, INC. Government Contract #9531CB22C0025

NETSYNC NETWORK SOLUTIONS, INC. was awarded a contract with the United States Government for $1,526,264.33. The contract was awarded by the agency office CONSUMER FINANCE PROTECTION BUREAU, which is a division with the Consumer Financial Protection Bureau within the Consumer Financial Protection Bureau.

Summary of Award

The recipient of the federal contract is Netsync Network Solutions, Inc., a U.S.-owned business based in Houston, Texas, specializing in hardware fulfillment services. The contract, funded by the Consumer Financial Protection Bureau, is for equipment fulfillment worth $1,907,000 in total. Notable transactions include a transaction amount of $1,500,000 for equipment fulfillment and a transaction amount of -$1,168,254.33 for contract modification purposes.

Contract Details

Contract ID9531CB22C0025
Contract TypeD
Total Obligation$731,745.67
Exercised Options$731,745.67
Base Amount + Options$1,526,264.33
Date Signed2022-09-19
Contract DescriptionEQUIPMENT FULFILLMENT
Start Date2022-09-19
End Date2024-03-18

Agency Details

Awarding AgencyConsumer Financial Protection Bureau
Awarding Sub AgencyConsumer Financial Protection Bureau
Awarding OfficeCONSUMER FINANCE PROTECTION BUREAU
Funding AgencyConsumer Financial Protection Bureau
Funding Sub AgencyConsumer Financial Protection Bureau
Funding OfficeCONSUMER FINANCE PROTECTION BUREAU

Recipient Details

RecipientNETSYNC NETWORK SOLUTIONS, INC.
Recipient Location2500 W LOOP S STE 410 HOUSTON TEXAS, UNITED STATES
Business CategoriesCategory Business, Corporate Entity Not Tax Exempt, Hispanic American Owned Business, Minority Owned Business, Not Designated a Small Business, Self-Certified Small Disadvantaged Business, Small Business, Special Designations, U.S.-Owned Business, Woman Owned Business, Women Owned Small Business

Comments

Award Transactions

Transaction #P00008 | $-1,168,254.33August 26, 2025

Consumer Financial Protection Bureau, a sub agency of Consumer Financial Protection Bureau, issued a payment of $-1,168,254.33 to NETSYNC NETWORK SOLUTIONS, INC.. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00007 | $0.00December 6, 2023

Consumer Financial Protection Bureau, a sub agency of Consumer Financial Protection Bureau, issued a payment of $0.00 to NETSYNC NETWORK SOLUTIONS, INC.. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00006 | $0.00October 24, 2023

Consumer Financial Protection Bureau, a sub agency of Consumer Financial Protection Bureau, issued a payment of $0.00 to NETSYNC NETWORK SOLUTIONS, INC.. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00005 | $0.00September 11, 2023

Consumer Financial Protection Bureau, a sub agency of Consumer Financial Protection Bureau, issued a payment of $0.00 to NETSYNC NETWORK SOLUTIONS, INC.. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00004 | $0.00May 4, 2023

Consumer Financial Protection Bureau, a sub agency of Consumer Financial Protection Bureau, issued a payment of $0.00 to NETSYNC NETWORK SOLUTIONS, INC.. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00003 | $-160,000.00April 11, 2023

Consumer Financial Protection Bureau, a sub agency of Consumer Financial Protection Bureau, issued a payment of $-160,000.00 to NETSYNC NETWORK SOLUTIONS, INC.. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00002 | $1,500,000.00February 28, 2023

Consumer Financial Protection Bureau, a sub agency of Consumer Financial Protection Bureau, issued a payment of $1,500,000.00 to NETSYNC NETWORK SOLUTIONS, INC.. The payment included a Subsidy Cost of $0.00.

Transaction #P00001 | $0.00January 17, 2023

Consumer Financial Protection Bureau, a sub agency of Consumer Financial Protection Bureau, issued a payment of $0.00 to NETSYNC NETWORK SOLUTIONS, INC.. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #0 | $560,000.00September 19, 2022

Consumer Financial Protection Bureau, a sub agency of Consumer Financial Protection Bureau, issued a payment of $560,000.00 to NETSYNC NETWORK SOLUTIONS, INC.. The payment included a Subsidy Cost of $0.00.

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