Office of loan guarantee (OLG) credit subsidy model services
Active Definitive Contract Awarded Last action
- Contract number
- 86614923C00004
- Awardee
-
Nuvologic Consulting Inc. UEI VWNHGK4GTFP4
- Awarding agency
-
Fort Worth Regional Office
Department of Housing and Urban Development
- Obligated
- $406,125
Award facts
- Opportunity
-
- 86614923R00004 Solicitation number
- Contract value 78% obligated
-
- $406,124.55 Current, with exercised options
- $518,007.91 Potential, with all options
- Completion date 66% complete
-
- Current, with exercised options
- Potential, with all options
- Funding agency
- Department of Housing and Urban Development
- NAICS code
- 541219 Other Accounting Services
- Set-aside
- 8(a) Sole Source
- Competition
- Not Available for Competition · 1 offer Only One Source
- Pricing
- Firm Fixed Price
- Place of performance
- West McLean, VA 22102, 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 |
|---|---|---|
| Other Administrative Action | $0 | |
| Exercise an Option | $107,580 | |
| Other Administrative Action | $0 | |
| Exercise an Option | $103,442 | |
| Other Administrative Action | $0 | |
| Exercise an Option | $99,464 | |
| Other Administrative Action | $0 | |
| Original award | $95,638 |
About this award
The Department of Housing and Urban Development awarded a $518,007.91 definitive contract to Nuvologic Consulting Inc. for Office of Loan Guarantee credit subsidy model services on June 30, 2023, under an 8(a) sole-source set-aside. Nuvologic Consulting Inc. is an SBA-certified women-owned small business.
Work is performed in West McLean, VA. The contract runs through June 30, 2028 on a firm fixed-price basis and incorporates FAR 52.222-90 for loan guarantee credit subsidy model services under the Public and Indian Housing program.
In FY2024, the contract invoiced $97 thousand across 0.1 FTEs and 130 contractor hours, reflecting a derived government-paid rate of $743.04 per hour. Nuvologic self-performed all reported work with no subcontractors.
Quick answers
Who was awarded contract 86614923C00004?
86614923C00004 was awarded to Nuvologic Consulting Inc. by Fort Worth Regional Office (Department of Housing and Urban Development) on June 30, 2023.
How much is contract 86614923C00004 worth?
The government has obligated $406,125 on 86614923C00004. Its potential value, with all options, is $518,008.
Which agency awarded contract 86614923C00004?
Fort Worth Regional Office (Department of Housing and Urban Development) awarded 86614923C00004, with funding from Department of Housing and Urban Development.
Was contract 86614923C00004 competed?
The extent of competition for 86614923C00004 was not available for competition. The government received 1 offer. It was set aside: 8(a) Sole Source.
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