Real estate owned (REO) case management support services via saas subscription.
Active Definitive Contract Awarded Last action
- Contract number
- 86615623C00005
- Awardee
-
Yardi Systems, LLC UEI KCJYKGHNZWH9
- Awarding agency
-
Federal Housing Administration Support
Department of Housing and Urban Development
- Obligated
- $40,387,125
Award facts
- Opportunity
-
- REO Case Management Support Services Pre-Solicitation · 86615622R00009 · Posted Feb 17, 2021
- Contract value 77% obligated
-
- $40,387,125.16 Current, with exercised options
- $52,120,665.16 Potential, with all options
- Completion date 75% complete
-
- Current, with exercised options
- Potential, with all options
- Contracting staff
- Funding agency
- Housing Office of Single Family Housing Department of Housing and Urban Development
- NAICS code
- 518210 Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services
- Set-aside
- No set-aside
- Competition
- Full and Open Competition · 3 offers Negotiated Proposal / Quote
- Pricing
- Firm Fixed Price
- Place of performance
- Washington, DC 20410, USA
- Legislative mandates
-
- Service Contract Act FAR subpart 22.10
Award details come from SAM.gov/FPDS.
Transactions
| Action | Obligated | Date |
|---|---|---|
| Other Administrative Action | $0 | |
| Funding Only Action | -$11,167 | |
| Exercise an Option | $11,208,184 | |
| Funding Only Action | -$68,805 | |
| Other Administrative Action | $0 | |
| Exercise an Option | $10,831,155 | |
| Exercise an Option | $10,366,071 | |
| Original award | $8,061,687 |
About this award
The Department of Housing and Urban Development awarded a $52.12 million firm fixed price definitive contract to Yardi Systems, LLC for real estate owned case management support services via software-as-a-service subscription on March 30, 2023, with ultimate completion on December 29, 2027. No set-aside was used.
Place of performance is Washington, DC. The originating solicitation, posted February 17, 2021, sought a web-based case management solution supporting pre-conveyance compliance, post-conveyance property management, disposition strategies, retail REO sales, contractor monitoring, and reporting capabilities for HUD's real estate owned portfolio. The procurement is assigned NAICS code 518210 for data processing and hosting services.
Quick answers
Who was awarded contract 86615623C00005?
86615623C00005 was awarded to Yardi Systems, LLC by Federal Housing Administration Support (Department of Housing and Urban Development) on March 30, 2023.
How much is contract 86615623C00005 worth?
The government has obligated $40,387,125 on 86615623C00005. Its potential value, with all options, is $52,120,665.
Which agency awarded contract 86615623C00005?
Federal Housing Administration Support (Department of Housing and Urban Development) awarded 86615623C00005, with funding from Housing Office of Single Family Housing (Department of Housing and Urban Development).
Was contract 86615623C00005 competed?
The extent of competition for 86615623C00005 was full and open competition. The government received 3 offers.
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