Federal contractor · WASHINGTON, DC

INDUSTRIAL BANK

INDUSTRIAL BANK received $11K in federal contract obligations in FY2026, on 1 awards (0% vs FY2025). Since FY2025: $22K. Its largest customer was District of Columbia Courts ($11K). It also received $280.7K in federal grants and other assistance in FY2026.

Obligations · FY2026
$11K
New awards
1
Sole-source
100%
Single offer
0.0%
UEI
DJ3FFK8A9DG2
Parent company
IBW FINANCIAL CORPORATION
Other than small businessMinority-owned
Open in the contracts explorerRelationship graph

Spending by fiscal year

Obligations per federal fiscal year (October–September).

  1. 11KFY2025
  2. 11KFY2026

Top buying agencies

Obligations in FY2026.

  1. District of Columbia Courts$11K100%
    1 awards

What was bought · Where the work was performed

Obligations in FY2026.

What was bought

  1. Other equipment & supplies$11K100%

Where the work was performed

  1. District of Columbia, DC$11K100%

Integrity signals

Shares of the year's obligations, next to the country's.

  • Low competition100%
    US 39% · $11K
  • Sole-source awards100%
    US 30% · $11K
  • Single-offer competitions0.0%
    US 8.7% · $0
  • Urgency justifications0.0%
    US 5.1% · $0

A signal is a reason to look closer, not evidence of wrongdoing: most sole-source awards are lawful and justified.

Agencies awarding it sole-source contracts

  1. District of Columbia Courts$11K
    District of Columbia Courts · 1 awards

Largest awards

  1. CONTRACT NO. DCSC-25-SAS-116 (REPAIR & SUPPORT SERVICES FOR COURTWIDE PUBLIC USE AUTOMATED TELLER MACHINE). EXERCISE OF OPTION YEAR 1 BEGINNING SEPTEMBER 30, 2026, THROUGH SEPTEMBER 29, 2027. OPTION YEAR 1 CONTRACT PRICE IS $10,990.20.$11K
    District of Columbia Courts· District of Columbia, DC· Other equipment & supplies· Jul 8, 2026 – Jul 8, 2026· 95C67826P0279

Federal grants & assistance received

Grants, loans (counted at their subsidy cost), direct payments and insurance, by fiscal year of the action (USAspending.gov, FABS). Reported apart from contracts and never added to them.

INDUSTRIAL BANK received $280.7K in federal assistance in FY2026, on 1 actions (1 new awards). Its largest program was 21.021 · Bank Enterprise Award Program ($280.7K).

Assistance · FY2026
$280.7K
New awards
1
Actions
1
Since FY2021
$6.2M

Assistance by fiscal year

  1. 1.8MFY2021
  2. 170.7KFY2022
  3. 4MFY2023
  4. 0FY2024
  5. 0FY2025
  6. 280.7KFY2026

By type

  1. Grants$280.7K100%

Top programs

  1. 21.021 · Bank Enterprise Award Program$280.7K100%

Awarding agencies

  1. Community Development Financial Institutions Fund$280.7K100%
    Department of the Treasury

Largest awards

  1. PURPOSE: THE BANK ENTERPRISE AWARD PROGRAM (BEA PROGRAM) PROVIDES MONETARY AWARDS TO FDIC-INSURED DEPOSITORY INSTITUTIONS (I.E., BANKS AND…$280.7K
    21.021 · Bank Enterprise Award Program· Community Development Financial Institutions Fund· Grant· Sep 23, 2026 – Sep 23, 2026· 261BE071414-G

Source: Federal financial assistance transactions (Financial Assistance Broker Submission) (U.S. Department of the Treasury, USAspending.gov), data current to Oct 8, 2026, loaded Oct 8, 2026 · FY2021–FY2026.

Source: Federal contract transactions (Federal Procurement Data System) (U.S. Department of the Treasury, USAspending.gov), data current to Oct 9, 2026, loaded Oct 9, 2026.