Home equity conversion mortgage (hecm)/business service provider (BSP)

Ended Definitive Contract Awarded Last action

Contract number
86615322C00004
Awardee
Awarding agency
Obligated
$14,610,157

Award facts

Opportunity
  • 86615322R00008 Solicitation number
Contract value 96% obligated
  • $14,610,157.38 Current, with exercised options
  • $15,230,610.82 Potential, with all options
Completion date 100% complete
Current and potential, with all options
Funding agency
Office of the Chief Information Officer 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
MONARCH BAY, CA 92629, USA
Legislative mandates

Award details come from SAM.gov/FPDS.

Transactions

Action Obligated Date
Exercise an Option P00002 $4,870,052
Funding Only Action P00001 $7,198,738
Original award $2,541,367

About this award

The Department of Housing and Urban Development Office of the Chief Financial Officer awarded a definitive contract valued at $15,230,610.82 to Reverse Market Insight, Inc. doing business as Reverse Market Insight In for HOME EQUITY CONVERSION MORTGAGE (Home Equity Conversion Mortgage)/BUSINESS SERVICE PROVIDER (Business Service Provider) services. The contract has a period of performance from March 30, 2022 through September 29, 2023 and utilizes a firm fixed price contract type. The place of performance will be in Monarch Bay, California.

Quick answers

Who was awarded contract 86615322C00004?

86615322C00004 was awarded to Reverse Market Insight, Inc. by Information Technology Support (Department of Housing and Urban Development) on March 30, 2022.

How much is contract 86615322C00004 worth?

The government has obligated $14,610,157 on 86615322C00004. Its potential value, with all options, is $15,230,611.

Which agency awarded contract 86615322C00004?

Information Technology Support (Department of Housing and Urban Development) awarded 86615322C00004, with funding from Office of the Chief Information Officer (Department of Housing and Urban Development).

Was contract 86615322C00004 competed?

The extent of competition for 86615322C00004 was not competed. The government received 1 offer.

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