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FBO DAILY ISSUE OF MAY 17, 2007 FBO #1998
SOURCES SOUGHT

R -- PAYMENTS CLEARED FINANCING ARRANGEMENT

Notice Date
5/15/2007
 
Notice Type
Sources Sought
 
NAICS
522320 — Financial Transactions Processing, Reserve, and Clearinghouse Activities
 
Contracting Office
Department of Energy, National Security Technologies LLC (DOE Contractor), National Security Technologies LLC, PO Box 98521, Las Vegas, NV, 89193, UNITED STATES
 
ZIP Code
00000
 
Solicitation Number
Reference-Number-SS179809CC07
 
Response Due
5/25/2007
 
Archive Date
6/9/2007
 
Description
Provide services for National Security Tecnologies? (DOE Prime Contractor) account under a payments cleared financing arrangement. The Automated Standard Application for Payment (ASAP) system is utilized by the Federal Government for paying grants, contracts, and other programs. Under a payments cleared financing arrangement, the contractor issues payments for program costs. When the payments are cleared by the financial institution, the financial institution draws on an ASAP 1031 account at the Federal Reserve Bank of Richmond. The amount of the drawdown should be sufficient to maintain the account balance net positive and as close to zero as administratively possible. The institution will be compensated by fee sufficient to generate earnings to cover the cost of servicing the account. Interested parties are to provide contact information via email to Cathy Carey at careyca@nv.doe.gov to receive a copy of the solicitation.
 
Place of Performance
Address: TBD
Zip Code: 99999
Country: UNITED STATES
 
Record
SN01294727-W 20070517/070515220356 (fbodaily.com)
 
Source
FedBizOpps Link to This Notice
(may not be valid after Archive Date)

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