Bank of New York Mellon (the)
Federal Contractor · Rank #1756
Bank of New York Mellon (the) Federal Spending Profile
Bank of New York Mellon (the) is a smaller federal recipient, with $42.3M in total federal obligations across 2 awards in the USAspending.gov record. That places Bank of New York Mellon (the) #1756 among federal contractors ranked by total obligations.
Every one of Bank of New York Mellon (the)'s 2 federal awards is a procurement contract rather than a grant — the company sells goods or services to the government rather than receiving grant funding.
Bank of New York Mellon (the)'s largest federal customer is General Services Administration, at about 56% of its top-agency obligations, followed by Department of Housing and Urban Development. The company holds award relationships with 2 agencies in total, but its revenue leans toward that lead customer.
The federal government's spending with Bank of New York Mellon (the) falls almost entirely under Other Services ($439.3M), which describes the kind of goods or services the company is paid to deliver.
Its largest single recent award is a $244.5M contract from the Department of Housing and Urban Development, described in the federal record as "Ginnie Mae Mortgage Backed Securities Issuance And Bond Administration."
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Spending by Agency
Recent Awards
| Description | Agency | Start Date | Amount |
|---|---|---|---|
| GINNIE MAE MORTGAGE BACKED SECURITIES ISSUANCE AND BOND ADMINISTRATION | General Services Administration | Jan 1, 2021 | $244.5M |
| POOL PROCESSING AGENT SERVICES IGF::OT::IGF | Department of Housing and Urban Development | Jan 1, 2015 | $194.8M |
All federal spending data sourced from USAspending.gov, the official source for federal award data as mandated by the Government Accountability Office.
Bank of New York Mellon (the) Federal Contracts FAQ
Bank of New York Mellon (the) has received $42,262,612 in total federal obligations across 2 awards and 2 contracts.
Bank of New York Mellon (the) works with 2 federal agencies, including General Services Administration, Department of Housing and Urban Development. The largest agency relationships are based on total dollar obligations.
Bank of New York Mellon (the) has received federal awards in multiple states.
Bank of New York Mellon (the) is ranked #1756 among the largest federal contractors by total obligation amount. Rankings are based on USASpending.gov data for FY2024.
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Spending figures represent total federal obligations for FY2024, as reported through USASpending.gov. Rankings are based on aggregate obligation amounts across all contract, grant, and direct payment awards.