Single family master subservicer services (SF MSS) in support of ginnie MAE's mortgage-backed securities (MBS) programs.
Ended Definitive Contract Awarded Last action
- Contract number
- 86615619C00008
- Awardee
-
Selene Finance LP UEI C49UPCEKSDK1
- Awarding agency
-
Federal Housing Administration Support
Department of Housing and Urban Development
- Obligated
- $72,116,850
Award facts
- Contract value 100% obligated
- $72,116,850.10 Current and potential, with all options
- Completion date 100% complete
- Current and potential, with all options
- Funding agency
- Government National Mortgage Association Department of Housing and Urban Development
- NAICS code
- 523110 Investment Banking and Securities Dealing
- Set-aside
- No set-aside
- Competition
- Not Competed · 1 offer Only One Source
- Pricing
- Time and Materials
- Place of performance
- Houston, TX 77042, USA
Award details come from SAM.gov/FPDS.
Transactions
| Action | Obligated | Date |
|---|---|---|
| Close Out | $0 | |
| Funding Only Action | -$836,689,236 | |
| Additional Work (new agreement, FAR part 6 applies) | $51,610,320 | |
| Other Administrative Action | $0 | |
| Other Administrative Action | $0 | |
| Other Administrative Action | $0 | |
| Exercise an Option | $297,712,837 | |
| Other Administrative Action | $0 | |
| Exercise an Option | $295,362,289 | |
| Other Administrative Action | $0 | |
| Other Administrative Action | $0 | |
| Original award | $264,120,640 |
Show all 12
About this award
This federal contract award, identified as 86615619C00008, was issued by the Government National Mortgage Association (Ginnie Mae) to Selene Finance LP. The contract is for SINGLE FAMILY MASTER SUBSERVICER SERVICES (SF MSS) in support of Ginnie Mae's Mortgage-Backed Securities (MBS) programs. The contract is a Definitive Contract with a Time and Materials pricing type, has a ceiling value of $72,116,850.10, and is set to expire on August 11, 2023. This contract was awarded on August 12, 2019 and does not have a set-aside designation.
Quick answers
Who was awarded contract 86615619C00008?
86615619C00008 was awarded to Selene Finance LP by Federal Housing Administration Support (Department of Housing and Urban Development) on August 12, 2019.
How much is contract 86615619C00008 worth?
The government has obligated $72,116,850 on 86615619C00008.
Which agency awarded contract 86615619C00008?
Federal Housing Administration Support (Department of Housing and Urban Development) awarded 86615619C00008, with funding from Government National Mortgage Association (Department of Housing and Urban Development).
Was contract 86615619C00008 competed?
The extent of competition for 86615619C00008 was not competed. The government received 1 offer.
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