Revalidation of total (technology open to approved lenders) mortgage scorecards for RHS single family housing guaranteed loan program (sfhglp) with an option to revalidate the single family housing…
Ended Definitive Contract Awarded Last action
- Contract number
- 12RADA24C0001
- Awardee
-
Integrated Financial Engineering Inc. UEI C8TYE2STK6M7
- Awarding agency
-
Washington Office
Rural Housing Service, Department of Agriculture
- Obligated
- $793,367
Award facts
- Opportunity
-
- 12RADA24R0002 Solicitation number
- Contract value 38% obligated
-
- $793,367.13 Current, with exercised options
- $2,085,101.14 Potential, with all options
- Completion date 100% complete
-
- Current, with exercised options
- Potential, with all options
- Contracting staff
- Funding agency
- Single Family Housing Program Washington Office, Department of Agriculture
- NAICS code
- 541990 All Other Professional, Scientific, and Technical Services
- Set-aside
- No set-aside
- Competition
- Not Competed · 1 offer Only One Source
- Pricing
- Firm Fixed Price
- Place of performance
- Washington, DC 20250, USA
- Legislative mandates
-
- Employment Eligibility Verification (E-Verify) FAR subpart 22.18
- Service Contract Inventory FAR subpart 4.17
Award details come from SAM.gov/FPDS.
Transactions
| Action | Obligated | Date |
|---|---|---|
| Exercise an Option | $367,594 | |
| Exercise an Option | $35,264 | |
| Original award | $390,508 |
About this award
This is a definitive contract awarded by the U.S. Department of Agriculture's Rural Housing Service (RHS) to Integrated Financial Engineering Inc. (IFE Group), a minority-owned, Asian-Pacific American-owned for-profit organization, to revalidate the TOTAL (Technology Open to Approved Lenders) mortgage scorecards for the RHS Single Family Housing Guaranteed Loan Program (SFHGLP). The contract also includes an option to revalidate the Single Family Housing Direct (SFHD) loan scorecard. The contract has a ceiling value of $2,085,101.14 and is a firm-fixed-price contract with an ultimate completion date of September 1, 2029. The contract is not set aside for any specific business type. IFE Group, based in Rockville, Maryland, specializes in quantitative analytics, financial modeling, and consulting services for federal agencies, particularly in the financial and housing sectors. The company holds a $2,000,000 multiple-award Federal Supply Schedule contract with the General Services Administration, which allows federal agencies to directly procure its management and financial consulting services.
Description
Revalidation of total (technology open to approved lenders) mortgage scorecards for RHS single family housing guaranteed loan program (sfhglp) with an option to revalidate the single family housing direct loan (sfhd) scorecard.
Quick answers
Who was awarded contract 12RADA24C0001?
12RADA24C0001 was awarded to Integrated Financial Engineering Inc. by Washington Office (Rural Housing Service) on September 2, 2024.
How much is contract 12RADA24C0001 worth?
The government has obligated $793,367 on 12RADA24C0001. Its potential value, with all options, is $2,085,101.
Which agency awarded contract 12RADA24C0001?
Washington Office (Rural Housing Service) awarded 12RADA24C0001, with funding from Single Family Housing Program (Washington Office).
Was contract 12RADA24C0001 competed?
The extent of competition for 12RADA24C0001 was not competed. The government received 1 offer.
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