Small business lending
Ended Awarded Last action
- Contract number
- 9531CB23F0022
- Awardee
-
Raft LLC UEI M9ALV9LKVDC3
- Awarding agency
-
Consumer Financial Protection Bureau
- Obligated
- $12,021,747
Award facts
- Contract value 100% obligated
- $12,021,747.25 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
- No set-aside
- 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 |
|---|---|---|
| Other Administrative Action | $0 | |
| Exercise an Option | $4,352,237 | |
| Funding Only Action | -$227,544 | |
| Other Administrative Action | $0 | |
| Other Administrative Action | $0 | |
| Exercise an Option | $3,780,574 | |
| Original award | $4,116,480 |
About this award
The Consumer Financial Protection Bureau awarded a Blanket Purchase Agreement (BPA) call to Raft LLC, doing business as Healthstar Informatics, for small business lending support services. The award, issued on February 10, 2023, carries a ceiling value of $12.0 million and is structured as a labor-hour pricing arrangement with an ultimate completion date of February 9, 2026. Raft LLC, an Economically Disadvantaged Women-Owned Small Business (EDWOSB) certified firm headquartered in McLean, Virginia, will perform the work at its Herndon, Virginia location. This BPA call is issued under a larger $100 million Design, Development, Content, and Marketing Support Services BPA vehicle previously established between Raft LLC and the CFPB, enabling rapid task order acquisition for regulatory technology and digital transformation initiatives.
Raft LLC brings substantial federal contracting experience to this engagement, with a proven track record in software development, data analytics, cloud computing, and regulatory technology services across multiple government agencies. The company holds numerous significant vehicles including a $349.1 million Air Force SBIR Phase III IDIQ, a $4 billion SeaPort Next Generation IDIQ with Naval Sea Systems Command, and a $900 million Space System Command Data Services IDIQ. No set-aside designation was applied to this particular award, allowing competition across the broader contractor pool. The contract supports the CFPB's small business lending initiatives through technology services that align with the bureau's regulatory and consumer protection mission.
Quick answers
Who was awarded contract 9531CB23F0022?
9531CB23F0022 was awarded to Raft LLC by Consumer Financial Protection Bureau on February 10, 2023.
How much is contract 9531CB23F0022 worth?
The government has obligated $12,021,747 on 9531CB23F0022.
Is contract 9531CB23F0022 an order under another contract?
Yes. 9531CB23F0022 is a BPA call under 47QTCA18D003V-9531CB23A0007, a blanket purchase agreement, on Multiple Award Schedule (MAS).
Was contract 9531CB23F0022 competed?
The extent of competition for 9531CB23F0022 was full and open competition.
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