Department of the Treasury Awarded a Contract to BANKERS BUSINESS MANAGEMENT SERVICES, INC. for $5,260,956.80

Q: Where is BANKERS BUSINESS MANAGEMENT SERVICES, INC. located?

8121 GEORGIA AVE STE 950 SILVER SPRING MARYLAND UNITED STATES

Signed on

3/26/2024, 12:00 AM

BANKERS BUSINESS MANAGEMENT SERVICES, INC. Government Contract #2031JW24F00048

BANKERS BUSINESS MANAGEMENT SERVICES, INC. was awarded a contract with the United States Government for $5,260,956.80. The contract was awarded by the agency office COMPTROLLER OF CURRENCY ACQS, which is a division with the Office of the Comptroller of the Currency within the Department of the Treasury.

Summary of Award

The recipient of the federal contract is Bankers Business Management Services, Inc., which is a Maryland-based company offering mailroom and logistic support services. The contract, funded by the Department of the Treasury's Office of the Comptroller of the Currency, is worth $3,063,725.04 with potential total options valued at $5,260,956.80. Notable transactions include multiple payments to the recipient, with the largest transaction amounting to $1,051,289.32 and the latest transaction on March 19, 2026.

Contract Details

Contract ID2031JW24F00048

Contract TypeC

Total Obligation$3,063,725.04

Exercised Options$3,063,725.04

Base Amount + Options$5,260,956.80

Date Signed2024-03-26

Contract DescriptionMAILROOM AND LOGISTIC SUPPORT

Start Date2024-03-27

End Date2027-03-26

Agency Details

Awarding AgencyDepartment of the Treasury

Awarding Sub AgencyOffice of the Comptroller of the Currency

Awarding OfficeCOMPTROLLER OF CURRENCY ACQS

Funding AgencyDepartment of the Treasury

Funding Sub AgencyOffice of the Comptroller of the Currency

Funding OfficeOFFICE OF MANAGEMENT / CFO

Recipient Details

RecipientBANKERS BUSINESS MANAGEMENT SERVICES, INC.

Recipient Location8121 GEORGIA AVE STE 950 SILVER SPRING MARYLAND, UNITED STATES

Business CategoriesBlack American Owned Business, Category Business, Corporate Entity Not Tax Exempt, DoT Certified Disadvantaged Business Enterprise, Minority Owned Business, Self-Certified Small Disadvantaged Business, Small Business, Special Designations, U.S.-Owned Business

Comments

Award Transactions

Transaction #P00004 | $0.00March 19, 2026

Office of the Comptroller of the Currency, a sub agency of Department of the Treasury, issued a payment of $0.00 to BANKERS BUSINESS MANAGEMENT SERVICES, INC.. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00003 | $1,051,289.32March 9, 2026

Office of the Comptroller of the Currency, a sub agency of Department of the Treasury, issued a payment of $1,051,289.32 to BANKERS BUSINESS MANAGEMENT SERVICES, INC.. The payment included a Subsidy Cost of $0.00.

Transaction #P00002 | $-39.69September 16, 2025

Office of the Comptroller of the Currency, a sub agency of Department of the Treasury, issued a payment of $-39.69 to BANKERS BUSINESS MANAGEMENT SERVICES, INC.. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00001 | $1,020,960.40March 12, 2025

Office of the Comptroller of the Currency, a sub agency of Department of the Treasury, issued a payment of $1,020,960.40 to BANKERS BUSINESS MANAGEMENT SERVICES, INC.. The payment included a Subsidy Cost of $0.00.

Transaction #0 | $991,515.01March 26, 2024

Office of the Comptroller of the Currency, a sub agency of Department of the Treasury, issued a payment of $991,515.01 to BANKERS BUSINESS MANAGEMENT SERVICES, INC.. The payment included a Subsidy Cost of $0.00.