Definitive Contract 47QFDA19C0002

Award Date 1/1/19
Potential Completion Date 2/28/21
Potential Value $170M
Set-Aside Type
No Set-Aside Used
Federal Contract Vehicle
Extent Competed
Not Competed
Major Defense Program
Not listed
Pricing Type
Firm Fixed Price
Place of Performance
New York, NY 10007, USA
Solicitation Procedures
Only One Source
Number Of Offers Received
1
Legislative Mandate
Other Statutory Authority
National Interest Action
Not listed
Research Type
Not listed
Primary Consortia Member
Not listed

This is a definitive contract awarded by the Department of Housing and Urban Development's Government National Mortgage Association (Ginnie Mae) to The Bank of New York Mellon (BNY Mellon) with a potential value of $169,672,146.00. The contract is for hosting migration, pool processing agent/central paying and transfer agent services, and operations and maintenance support for Ginnie Mae. It covers a base period from January 1, 2019 to February 28, 2021, with a one-year option period. The contract has no set-aside designation. Major subcontractors include Actualize Consulting, Mythics, EMBS, and Lunarline. This contract supports Ginnie Mae's mission to be the principal financing arm for government-backed mortgage loans.

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