Regulatory technology support services (HMDA)
Ended Awarded Last action
- Contract number
- 9531CB23F0018
- Awardee
-
Raft LLC UEI M9ALV9LKVDC3
- Awarding agency
-
Consumer Financial Protection Bureau
- Obligated
- -$265,140
Award facts
- Contract value 0% obligated
- $1,433,288.42 Current and potential, with all options
- Completion date 100% complete
- Current and potential, with all options
- Contracting staff
- NAICS code
- 541511 Custom Computer Programming Services
- Set-aside
- Competitive 8(a)
- Competition
- Full and Open Competition Multiple Award, Fair Opportunity
- Pricing
- Labor Hours
- Place of performance
- Reston, VA 20191, USA
- Legislative mandates
-
- Clinger-Cohen Act FAR part 39
Award details come from SAM.gov/FPDS.
Transactions
| Action | Obligated | Date |
|---|---|---|
| Close Out | -$1,031,786 | |
| Funding Only Action | -$59,674 | |
| Exercise an Option | $857,623 | |
| Other Administrative Action | $0 | |
| Exercise an Option | $840,806 | |
| Original award | $826,320 |
About this award
The Consumer Financial Protection Bureau (CFPB) awarded a Competitive 8(a) Blanket Purchase Agreement (BPA) call to Raft LLC, an Economically Disadvantaged Women-Owned Small Business (EDWOSB) certified contractor, for Regulatory Technology Support Services related to the Home Mortgage Disclosure Act (HMDA). The contract carries a ceiling value of $1.43M with a labor-hours pricing structure and performance location in Reston, Virginia. This award was issued on February 22, 2023, with an ultimate completion date of February 21, 2026. The contract supports the CFPB's regulatory technology initiatives, which are critical to the bureau's mission of protecting consumers in the financial services marketplace through oversight and enforcement of lending regulations.
This BPA call is part of Raft LLC's broader $100M competitive 8(a) single-award BPA with the CFPB for regulatory technology support services (through January 6, 2027), under which the company also holds related contracts for HMDA and small business lending initiatives totaling approximately $20M. Raft LLC brings significant federal contracting expertise across defense and civilian agencies, with established capabilities in digital consulting, software development, data analytics, and cloud computing. The 8(a) set-aside designation ensures that contracting opportunities are reserved for small disadvantaged businesses, supporting the company's growth within the federal marketplace while delivering specialized regulatory technology solutions to support CFPB operations.
Quick answers
Who was awarded contract 9531CB23F0018?
9531CB23F0018 was awarded to Raft LLC by Consumer Financial Protection Bureau on February 22, 2023.
How much is contract 9531CB23F0018 worth?
The government has obligated -$265,140 on 9531CB23F0018. Its current value, with exercised options, is $1,433,288.
Is contract 9531CB23F0018 an order under another contract?
Yes. 9531CB23F0018 is a BPA call under 47QTCA18D003V-9531CB23A0007, a blanket purchase agreement, on Multiple Award Schedule (MAS).
Was contract 9531CB23F0018 competed?
The extent of competition for 9531CB23F0018 was full and open competition. It was set aside: Competitive 8(a).
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