Banking, payments and treasury services for a public body
Banking and payment services are procured on operational fit and counterparty strength rather than on headline price, because the transactional charges are small against the consequences of a failure. Buyers assess regulatory authorisation, credit standing, the protection that applies to balances held, and continuity arrangements, alongside the practical questions that dominate daily use: settlement timings, cut-off times, the formats accepted for bulk payment files, and the ability to reconcile receipts automatically against the buyer's own references.
Pricing is a schedule rather than a rate, and comparing bids requires modelling against actual transaction volumes by channel. Card acquiring carries interchange and scheme fees that pass through, so the supplier's margin and the pass-through must be distinguished; cash handling is priced by collection and by value counted; direct debit and credit transfer carry per-item charges; and the interest arrangement on balances can outweigh all of it. A bid comparison that adds up unit prices without the volume profile produces the wrong winner routinely.
Compliance obligations flow in both directions. The supplier must meet payment security standards for card data, sanctions and anti-money laundering screening, and accessibility requirements for public-facing payment channels; the buyer must meet the supplier's onboarding and identity verification requirements, which for a public body with complex governance takes longer than either side expects. Migration between providers involves reissuing mandates and account details to every payer and payee, and that exercise, not the tender, is the real barrier to changing supplier.
This section describes how this category is bought generally, across the public buyers that publish it. The figures elsewhere on this page are measured for this market alone.
Who buys financial services in United States?
GlobalGov holds 2,543 financial services records from 203 distinct buying organisations in United States. The most frequent publishers are Department Of Homeland Security - FEMA (856 records); Office On Violence Against Women (229 records); Natural Resources Conservation Service (222 records); Environmental Protection Agency (104 records); Department Of Commerce (102 records); Bureau Of Reclamation (87 records). Between them the 6 largest account for 63% of everything published, so buying here is concentrated in a few authorities.
| Buying organisation | Records | Share |
|---|---|---|
| Department Of Homeland Security - FEMA | 856 | 34% |
| Office On Violence Against Women | 229 | 9.0% |
| Natural Resources Conservation Service | 222 | 8.7% |
| Environmental Protection Agency | 104 | 4.1% |
| Department Of Commerce | 102 | 4.0% |
| Bureau Of Reclamation | 87 | 3.4% |
What are financial services contracts worth in United States?
96 of the 2,543 records publish a contract value. The median is $36.0M and the largest single published value is $4.7B. By size, 2 under $100k, 9 between $100k and $1M, 20 between $1M and $10M, 65 above $10M. The remaining 2,447 publish no value at all, so every figure here describes the priced subset only, and values are as stated by the buyer rather than as finally awarded.
| Contract size | Records | Share of priced |
|---|---|---|
| under $100k | 2 | 2.1% |
| between $100k and $1M | 9 | 9.4% |
| between $1M and $10M | 20 | 21% |
| above $10M | 65 | 68% |
How long do bidders get to respond to financial services tenders in United States?
Across the 2,474 United States financial services notices that publish both a publication date and a closing date, the median response window is 50 days. A quarter of them allowed 32 days or fewer and a quarter stayed open for more than 73. Short turnarounds are the exception rather than the rule here: only 107 (4.3%) closed within a fortnight of being published.
How often are financial services tenders published in United States?
United States publishes about 24 notices a month in this category, 285 in the last twelve months. That is 159% more than the 110 published in the twelve months before that. Over the last three years there were 577, spread across 218 separate months of activity since 28 November 2007. May is historically the busiest month. The most recent was published 30 September 2026.
How does United States compare with other financial services markets?
Among the 20 countries where GlobalGov holds a comparable financial services market, United States ranks 1st by number of records. No other country in the corpus publishes more of it. Within United States itself, financial services is the 16th largest of the 85 procurement categories tracked here.
Where do the United States financial services records on this page come from?
These 2,543 records are collected from 4 official sources: Grants.gov (2,357), SAM.gov (97), Simpler.Grants.gov (82), USAspending (7). GlobalGov is an independent aggregator and is not affiliated with any of them; each record links back to the notice on its issuing portal. The set is rebuilt nightly, and the counts on this page were taken on 2026-10-01.
Open Financial Services tenders in United States
Showing 10 of the 46 notices open in this category today. Openness uses the same definition as the United States market page: active, not marked awarded, cancelled, closed or expired, and either closing in the future or published within the last 90 days with no stated closing date.
Fiscal Year (FY) 2027 AmeriCorps State and National Competitive Grants
Fiscal Year (FY) 2027 AmeriCorps State and National Competitive Grants
Fiscal Year (FY) 2027 AmeriCorps Seniors RSVP Competition
OVW Fiscal Year 2026 Electronic Service Protection Order Court Pilot Program
Fiscal Year (FY) 2026 Funding Opportunity for Indian Tribes and Intertribal Consortia for Nonpoint Source Management Grants Under Clean Water Act Section 319
Fiscal Year (FY) 2027 Department of War (DoW) Defense University Research Instrumentation Program (DURIP)
Fiscal Year (FY) 2027 Department of War (DoW) Defense University Research Instrumentation Program (DURIP)
Fiscal Year (FY) 2027 Department of War (DoW) Defense University Research Instrumentation Program (DURIP)
Fiscal Year 2027 Defense University Research Instrumentation Program (DURIP)
Other procurement categories in United States
Financial Services procurement in other markets
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