Digital collateral (dcol) evault
Active Definitive Contract Awarded Last action
- Contract number
- 86615525C00003
- Awardee
-
Eoriginal, Inc. UEI GM28MMHJLJJ3
- Awarding agency
-
Government National Mortgage Association
Department of Housing and Urban Development
- Obligated
- $840,000
Award facts
- Opportunity
-
- Digital Collateral (DCOL) eVault Solicitation · 86615525R00001 · Posted Nov 7, 2024
- Contract value 73% obligated
-
- $840,000.00 Current, with exercised options
- $1,148,000.00 Potential, with all options
- Completion date 30% complete
-
- Current, with exercised options
- Potential, with all options
- NAICS code
- 518210 Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services
- Set-aside
- No set-aside
- Competition
- Competed under SAP · 4 offers Simplified Acquisition
- Pricing
- Firm Fixed Price
- Place of performance
- Baltimore, MD 21201, USA
Award details come from SAM.gov/FPDS.
Transactions
| Action | Obligated | Date |
|---|---|---|
| Other Administrative Action | $0 | |
| Exercise an Option | $525,000 | |
| Supplemental Agreement for work within scope | $140,000 | |
| Supplemental Agreement for work within scope | $75,000 | |
| Original award | $100,000 |
About this award
The Government National Mortgage Association (Ginnie Mae) awarded a $1.148 million definitive contract to Eoriginal, Inc. for digital collateral eVault technology services on April 11, 2025, under a firm fixed-price structure with no set-aside.
The solicitation sought a robust electronic vault solution fully integrated with the MERS eRegistry to securely store eNotes and other electronic documents serving as collateral for Mortgage-Backed Securities. The eVault must execute transactions for a minimum of 50,000 eNotes annually and store at least 150,000 Authoritative Copy eNotes over the contract's life, with system requirements including 99.99% availability and compliance with federal security standards. Ginnie Mae will use the solution to test processes, policies, and controls for securitizing federally insured mortgage loans executed on eNotes, with the system capable of updating rights holder status across loan payoff, borrower default, and servicing rights transfer scenarios.
The contract runs from February 11, 2025, through April 10, 2030, comprising a 12-month base period and four 12-month option periods. Place of performance is Baltimore, MD, with work conducted at contractor facilities. The originating solicitation (86615525R00001) was an unrestricted competitive procurement under FAR Part 12/13 commercial item procedures, classified under NAICS 518210 for Computing Infrastructure Providers. Small business subcontracting goals totaled 28% overall participation, with subordinate goals of 5% for small disadvantaged, women-owned, and HUBZone businesses, and 3% for service-disabled veteran-owned small businesses.
Quick answers
Who was awarded contract 86615525C00003?
86615525C00003 was awarded to Eoriginal, Inc. by Government National Mortgage Association (Department of Housing and Urban Development) on April 11, 2025.
How much is contract 86615525C00003 worth?
The government has obligated $840,000 on 86615525C00003. Its potential value, with all options, is $1,148,000.
Was contract 86615525C00003 competed?
The extent of competition for 86615525C00003 was competed under sap. The government received 4 offers.
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