Underwriting support of section 184 and 184(a) closed loan packages
Active Definitive Contract Awarded Last action
- Contract number
- 86614821C00004
- Awardee
-
Govatron, LLC UEI JN1PK9RNU2W5
- Awarding agency
-
Fort Worth Regional Office
Department of Housing and Urban Development
- Obligated
- $1,352,550
Award facts
- Opportunity
-
- Provide Underwriting Support of Section 184 and 184(a) Closed Loan Packages. Solicitation · 86614921R00003 · Posted Apr 12, 2021
- Contract value 100% obligated
- $1,352,550.00 Current and potential, with all options
- Completion date 97% complete
- Current and potential, with all options
- Funding agency
- Department of Housing and Urban Development
- NAICS code
- 522310 Mortgage and Nonmortgage Loan Brokers
- PSC
- R704 Support- Management: Auditing
- Set-aside
- Total Small Business
- Competition
- Full and Open Competition after exclusion of sources · 3 offers Negotiated Proposal / Quote
- Pricing
- Firm Fixed Price
- Place of performance
- West McLean, VA 22102, USA
- Legislative mandates
-
- Service Contract Inventory FAR subpart 4.17
Award details come from SAM.gov/FPDS.
Transactions
| Action | Obligated | Date |
|---|---|---|
| Exercise an Option | $129,630 | |
| Other Administrative Action | $0 | |
| Exercise an Option | $259,260 | |
| Other Administrative Action | $0 | |
| Exercise an Option | $251,760 | |
| Other Administrative Action | $0 | |
| Exercise an Option | $244,380 | |
| Change Order | $0 | |
| Exercise an Option | $237,120 | |
| Other Administrative Action | $0 | |
| Other Administrative Action | $0 | |
| Original award | $230,400 |
Show all 12
About this award
The Department of Housing and Urban Development awarded a $1.352 million definitive contract to Govatron, LLC for underwriting support of Section 184 and 184(a) closed loan packages on July 1, 2021, under a total small business set-aside.
Govatron, LLC is a minority-owned, self-certified small disadvantaged business. The originating solicitation called for pre-endorsement review of closed loan files to ensure compliance with approved underwriting terms and Real Estate Settlement Procedures Act regulations, with a requirement to review a minimum of 500 loan files per month and complete up to 125 loan file reviews per week within three business days. Place of performance is West McLean, VA. The contract carries a firm fixed price structure and an ultimate completion date of December 29, 2026.
In FY2022, the contract invoiced $243 thousand across 4.0 FTEs and 8,320 contractor hours at a derived government-paid rate of $29.15 per hour. Govatron self-performed all reported work with no subcontractors.
Quick answers
Who was awarded contract 86614821C00004?
86614821C00004 was awarded to Govatron, LLC by Fort Worth Regional Office (Department of Housing and Urban Development) on July 1, 2021.
How much is contract 86614821C00004 worth?
The government has obligated $1,352,550 on 86614821C00004.
Which agency awarded contract 86614821C00004?
Fort Worth Regional Office (Department of Housing and Urban Development) awarded 86614821C00004, with funding from Department of Housing and Urban Development.
Was contract 86614821C00004 competed?
The extent of competition for 86614821C00004 was full and open competition after exclusion of sources. The government received 3 offers. It was set aside: Total Small Business.
On GovTribe
See this award's full record
- Every transaction and funding action
- The awardee's other awards and teaming partners
- Similar awards and recompete opportunities
- Ask GovTribe AI about this award