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 67% 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 | |
| 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 definitive contract to Nuvologic Consulting Inc. on June 29, 2023, under an 8(a) sole-source award with a ceiling value of $518,007.91. The contract covers credit subsidy model services for the Office of Loan Guarantee (OLG), incorporating HUD AI 26-02. The prime is an SBA Certified Women-Owned Small Business and holds 8(a) Program Participant status per its SAM.gov registration. Pricing is firm fixed price, the period of performance ends June 30, 2028, and work is performed in West McLean, Virginia.
The SCI record for FY2024 shows $97,000 invoiced against 130 contractor hours, or 0.1 FTEs, at a derived government-paid rate of $743.04 per hour. The prime self-performed all reported hours, with no subcontractors reported. Only one fiscal year appears in the record, so no year-over-year trend is available.
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 29, 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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