Financial improvement support services deobligation and closeout.
Ended Definitive Contract Awarded Last action
- Contract number
- 86615622C00003
- Awardee
-
Francis Awoyera & Associates, P.C UEI PF5SGMYN9BN5
- Awarding agency
-
Federal Housing Administration Support
Department of Housing and Urban Development
- Obligated
- $5,493,004
Award facts
- Opportunity
-
- 86615622R00011 Solicitation number
- Contract value 100% obligated
- $5,493,003.51 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
- 541211 Offices of Certified Public Accountants
- Set-aside
- 8(a) Sole Source
- Competition
- Not Available for Competition · 1 offer Only One Source
- Pricing
- Firm Fixed Price
- Place of performance
- Washington, DC 20012, USA
Award details come from SAM.gov/FPDS.
Transactions
| Action | Obligated | Date |
|---|---|---|
| Close Out | -$165,801 | |
| Supplemental Agreement for work within scope | $411,000 | |
| Supplemental Agreement for work within scope | $411,000 | |
| Other Administrative Action | $0 | |
| Exercise an Option | $1,013,514 | |
| Exercise an Option | $1,934,144 | |
| Other Administrative Action | $0 | |
| Original award | $1,889,147 |
About this award
The Government National Mortgage Association (Ginnie Mae) awarded a definitive firm fixed-price contract to Francis Awoyera & Associates, P.C., an SBA-certified 8(a) program participant, for Financial Improvement Services with a ceiling value of $5.49 million. The contract, awarded on January 21, 2022, with an ultimate completion date of January 20, 2025, was set aside exclusively for 8(a) small businesses under sole source authority. The work will be performed in Washington, DC, and involves financial improvement support services, deobligation, and closeout activities. This engagement supports Ginnie Mae's operational infrastructure through accounting, auditing, and information technology services provided by the vendor's specialized division.
The contract represents a continuation of financial management support for a civilian federal agency responsible for the secondary mortgage market. As a Firm Fixed Price arrangement, the pricing structure provides cost certainty for the government while the 8(a) sole source set-aside designation reflects the agency's commitment to small business contracting opportunities. Francis Awoyera & Associates maintained its SBA 8(a) certification status through August 2027 at the time of award, qualifying it as a certified disadvantaged business enterprise eligible for this exclusive contracting vehicle.
Quick answers
Who was awarded contract 86615622C00003?
86615622C00003 was awarded to Francis Awoyera & Associates, P.C by Federal Housing Administration Support (Department of Housing and Urban Development) on January 21, 2022.
How much is contract 86615622C00003 worth?
The government has obligated $5,493,004 on 86615622C00003.
Which agency awarded contract 86615622C00003?
Federal Housing Administration Support (Department of Housing and Urban Development) awarded 86615622C00003, with funding from Government National Mortgage Association (Department of Housing and Urban Development).
Was contract 86615622C00003 competed?
The extent of competition for 86615622C00003 was not available for competition. The government received 1 offer. It was set aside: 8(a) Sole Source.
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