Electronic appraisal delivery (EAD) portal services

Active Definitive Contract Awarded Last action

Contract number
86615623C00014
Awardee
Awarding agency
Obligated
$23,978,128

Award facts

Opportunity
Contract value 67% obligated
  • $28,497,216.00 Current, with exercised options
  • $35,979,210.00 Potential, with all options
Completion date 62% 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
Set-aside
No set-aside
Competition
Full and Open Competition · 1 offer Negotiated Proposal / Quote
Pricing
Firm Fixed Price
Place of performance
Westminster, CO 80003, USA
Legislative mandates

Award details come from SAM.gov/FPDS.

Transactions

Action Obligated Date
Exercise an Option P00011 $2,259,544
Funding Only Action P00010 $3,112,475
Funding Only Action P00009 $1,867,485
Other Administrative Action P00008 $0
Exercise an Option P00007 $2,489,980
Funding Only Action P00006 $3,833,724
Other Administrative Action P00005 $0
Other Administrative Action P00004 $0
Exercise an Option P00003 $3,833,724
Other Administrative Action P00002 $0
Other Administrative Action P00001 $0
Original award $6,581,196
Show all 12

About this award

Written by GovTribe AI ·

The Department of Housing and Urban Development awarded a $35.98 million definitive contract to Countertrade Products, Inc., a Women-Owned Small Business, for Electronic Appraisal Delivery Portal Services on September 29, 2023. The contract is firm fixed price with no set-aside.

The originating solicitation, posted March 22, 2023, calls for a commercially available web-based Software as a Service subscription to support the Office of Single Family Housing's mission of enabling third parties to electronically upload, submit, and view appraisal data for loans submitted to FHA for insurance. The contractor shall deliver a secure portal allowing FHA-approved lenders and service providers to upload and process appraisals against defined rules, evaluated through tradeoff best value source selection based on technical factors.

Place of performance is Westminster, Colorado. The period of performance runs from August 1, 2023 through July 31, 2024 (base year, including a six-month transition-in period) followed by four one-year option periods exercisable at the government's discretion, with ultimate completion scheduled for September 28, 2028. The contract is assigned NAICS 541519 (Other Computer Related Services).

Under this contract, Countertrade invoiced $6 million in FY2024 and $8.3 million in FY2025. In FY2025, the company self-performed all reported hours with no subcontractors named.

Quick answers

Who was awarded contract 86615623C00014?

86615623C00014 was awarded to Countertrade Products, Inc. by Federal Housing Administration Support (Department of Housing and Urban Development) on September 29, 2023.

How much is contract 86615623C00014 worth?

The government has obligated $23,978,128 on 86615623C00014. Its current value, with exercised options, is $28,497,216. Its potential value, with all options, is $35,979,210.

Which agency awarded contract 86615623C00014?

Federal Housing Administration Support (Department of Housing and Urban Development) awarded 86615623C00014, with funding from Housing Office of Single Family Housing (Department of Housing and Urban Development).

Was contract 86615623C00014 competed?

The extent of competition for 86615623C00014 was full and open competition. The government received 1 offer.

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