- Bank Supervision
- Business & Operations
Opportunities for Contractors
The Office of the Comptroller of the Currency (OCC) awards contracts for examination services on an as-needed basis. Contractors assist with examinations and other supervision-related projects. Individuals and companies with contracts are eligible for specific task orders. Geographical location, past performance, and price are evaluated before a task is awarded.
Currently, the National Bank Examination Contracting Program (NBECP) is using contractors to assist with the following programs:
Bank Examination Services
The OCC has relied on its NBECP to award contracts for examination services or to support other organizational priorities since 1998. Assistance is usually sought for both general and specialty examinations and training. Specific areas of focus include:
- Credit Analysis
- Commercial Real Estate Credit
- Retail Credit
- Shared National Credits
- Information Technology Systems
- Community Reinvestment Act
- Bank Secrecy Act and Anti-Money Laundering
- Consumer Protection
- Fair Lending
- Office of Foreign Assets Control Regulations
- Asset Management
ABCs of Credit Facilitation Assistance
The Bank Examination Services Program Office provides assistance in procuring contractor services for the “ABC’s of Credit” training and other commercial related credit training in each district. The goal of the training procurement is to provide trainees with hands-on experience in evaluating credit risk in commercial credits, while eliminating the need for two NBEs to be on-site for this training. The contractor will assist with facilitating the training course with an on-site National Bank Examiner (NBE) or associate national bank examiner (ANBE), who possesses the knowledge required to instruct courses. The NBE will ensure the contractor does not disseminate agency policies and regulations.
Contractors have knowledge of the following:
- Analytical and risk management considerations for
- commercial and industrial (C&I) loans with seasonal or permanent working capital.
- C&I loans with a term component.
- commercial real estate (CRE) mini-perm or permanent loans.
- Appropriate CRE construction loan underwriting, monitoring and control.
- The various strengths and weaknesses of different cash flow analysis techniques.
- Providing results of tests, evaluations, or assessments directly and only to the on-site NBE/ANBE.
Typically, during the first quarter of each calendar year, a Request for Proposal (RFP) is posted on FedBizOpps announcing the availability of contractor bank examination services. You should check FedBizOpps regularly to learn of OCC postings.
Steps to Become an OCC Contractor
Whether you are a sole proprietor, a small business, or a large business, the following steps must be completed to become a qualified OCC contractor. Completing these steps does not guarantee you will be awarded a contract.
Step 1: Obtain an Employment Identification Number or Federal Tax Identification Number from the IRS Website, and follow the instructions provided. It can take approximately two to five weeks to activate the EIN.
Step 2: Obtain a Data Universal Numbering System (DUNS) number from the Dun & Bradstreet Website, and follow the instructions provided. It can take approximately one to two business days to activate the DUNS number.
Step 3: Once you have obtained a valid DUNS number, proceed to the System for Award Management (SAM) database. Click the link “Register/Update Entity” and follow the instructions provided. A Commercial and Government Entity (CAGE) code will be provided to you. You will now be able to complete the Online Representations and Certifications Application in SAM as well. It can take approximately three to five days to activate the registration.
Step 4: During the registration process, you may find that you need a North American Industry Classification System (NAICS) code for administrative, contracting, and tax purposes. The code classifies the economic sector, industry, and country of your business. In order to contract with the federal government, you will need to identify in SAM all the NAICS codes (industries) applicable to your business. You can find your NAICS code on the U.S. Census Bureau Website.
For assistance or a detailed explanation regarding any of the information provided above, please seek assistance from the ”Contact Us” link provided on each Website. These additional resources are provided for informational purposes only and as a convenience to prospective contractors for the OCC. In no way does this create any obligation by the OCC to do business with any contractor. Moreover, the OCC expressly disclaims any and/or all liability arising from, relating to, or as a result of any contractor’s actions in the performance of the registration processes and guidance set forth herein.
To inquire about current contracting opportunities within the NBECP, please contact Bank Examination Services.