Home equity conversion mortgage (hecm
Ended Definitive Contract Awarded Last action
- Contract number
- 86614922C00005
- Awardee
-
Compu-Link Corp UEI X3YNUCZD67A6
- Awarding agency
-
Real Estate Assessment Center
Department of Housing and Urban Development
- Obligated
- $34,176,686
Award facts
- Opportunity
-
- 86614922R00009 Solicitation number
- Contract value 100% obligated
- $34,176,686.00 Current and potential, with all options
- Completion date 100% complete
- Current and potential, with all options
- Funding agency
- Housing Office of Single Family Housing Department of Housing and Urban Development
- NAICS code
- 522390 Other Activities Related to Credit Intermediation
- PSC
- R710 Support- Management: Financial
- Set-aside
- No set-aside
- Competition
- Not Competed · 1 offer Only One Source
- Pricing
- Firm Fixed Price
- Place of performance
- Tulsa, OK 74101, USA
- Legislative mandates
-
- Service Contract Act FAR subpart 22.10
Award details come from SAM.gov/FPDS.
Transactions
| Action | Obligated | Date |
|---|---|---|
| Exercise an Option | $16,174,710 | |
| Other Administrative Action | $0 | |
| Exercise an Option | $8,087,355 | |
| Other Administrative Action | $0 | |
| Other Administrative Action | $0 | |
| Original award | $9,914,621 |
About this award
The Department of Housing and Urban Development awarded a firm fixed price definitive contract valued at $34.2 million to Compu-Link Corporation, doing business as Celink, for the HOME EQUITY CONVERSION MORTGAGE program. Under this contract, Celink will provide services to support HUD's Office of Single Family Housing and its Home Equity Conversion Mortgage program, which enables seniors to convert equity in their homes to monthly streams of income or lines of credit. The place of performance is in Tulsa, Oklahoma and the period of performance spans from September 1, 2022 through March 11, 2023. No subcontractors or set aside designations were indicated.
Quick answers
Who was awarded contract 86614922C00005?
86614922C00005 was awarded to Compu-Link Corp by Real Estate Assessment Center (Department of Housing and Urban Development) on September 1, 2022.
How much is contract 86614922C00005 worth?
The government has obligated $34,176,686 on 86614922C00005.
Which agency awarded contract 86614922C00005?
Real Estate Assessment Center (Department of Housing and Urban Development) awarded 86614922C00005, with funding from Housing Office of Single Family Housing (Department of Housing and Urban Development).
Was contract 86614922C00005 competed?
The extent of competition for 86614922C00005 was not competed. The government received 1 offer.
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