Hosting migration; pool processing agent / central paying and transfer agent (PPA/cpta), and operations and maintenance services in support of the government national mortgage association (ginnie MAE)

Ended Definitive Contract Awarded Last action

Contract number
47QFDA19C0002
Awardee
Awarding agency
Obligated
$97,962,566

Award facts

Contract value 58% obligated
  • $97,962,566.40 Current, with exercised options
  • $169,672,146.00 Potential, with all options
Completion date 100% complete
Current and potential, with all options
Funding agency
Government National Mortgage Association Department of Housing and Urban Development
Set-aside
No set-aside
Competition
Not Competed · 1 offer Only One Source
Pricing
Firm Fixed Price
Place of performance
New York, NY 10007, USA
Legislative mandates
  • Other statutory authority

Award details come from SAM.gov/FPDS.

Transactions

Action Obligated Date
Close Out P00017 · Migrated ID11170052 pool processing agent PPA cpta sole source $0
Legal Contract Cancellation P00016 · Pool processing agent PPA cpta sole source. MOD 16 no-cost termination settlement and DE-obligation of funds. -$14,444,978
Exercise an Option P00015 · Pool processing agent PPA cpta sole source. Exercise option under far 52.217-8 for 1-month from 2/1/2021 - 2/28/2021 and to extend the period of the stop work… $0
Other Administrative Action P00014 · Gnma PPA cpta sole source. Modification ING stop-work order. $0
Exercise an Option P00013 · Pool processing agent PPA cpta sole source: MOD P00013 exercise option provision far 52.217-8 option to extend services for one month from january 1, 2021… $6,385,323
Other Administrative Action P00012 · Pool processing agent PPA cpta sole source. MOD 12 realign funds to cover increase cost of providing remote access to bloomberg terminals due to covid-19. $0
Funding Only Action P00011 · Pool processing agent PPA cpta sole source. MOD 11 to realign residual no year funds from the base year to OY1. $0
Supplemental Agreement for work within scope P00010 · Pool processing agent PPA cpta sole source $0
Other Administrative Action P00009 · Pool processing agent PPA cpta sole source. Modification to realign funds. $0
Other Administrative Action P00008 · Pool processing agent PPA cpta sole source. MOD to realign funds. $0
Exercise an Option P00007 · PPA/cpta services in support of ginnie MAE. Exercise OY1 for the period 1/1/2020 - 12/31/2020. $52,675,705
Other Administrative Action P00006 · Pool processing agent PPA cpta sole source bridge contract. Administrative modification to realign funds. $0
Funding Only Action P00005 $2,314,054
Supplemental Agreement for work within scope P00004 · Pool processing agent PPA cpta sole source $0
Other Administrative Action P00003 · Pool processing agent PPA cpta sole source exercise optional clin 0010 $0
Other Administrative Action P00002 · Administrative modification $0
Other Administrative Action P00001 · Administrative MOD to realign funds and update PWS & qasp $0
Original award $51,032,462
Show all 18

About this award

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.

Quick answers

Who was awarded contract 47QFDA19C0002?

47QFDA19C0002 was awarded to Bank Of New York Mellon (The) by Assisted Acquisition Services Region 11 (Assisted Acquisition Services) on January 1, 2019.

How much is contract 47QFDA19C0002 worth?

The government has obligated $97,962,566 on 47QFDA19C0002. Its potential value, with all options, is $169,672,146.

Which agency awarded contract 47QFDA19C0002?

Assisted Acquisition Services Region 11 (Assisted Acquisition Services) awarded 47QFDA19C0002, with funding from Government National Mortgage Association (Department of Housing and Urban Development).

Was contract 47QFDA19C0002 competed?

The extent of competition for 47QFDA19C0002 was not competed. The government received 1 offer.

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