Multi-class legal services (ODD/even)

Active Definitive Contract Awarded Last action

Contract number
86615623C00018
Awardee
Awarding agency
Obligated
$40,571,568

Award facts

Opportunity
Contract value 78% obligated
$52,060,784.00 Current and potential, with all options
Completion date 61% complete
Current and potential, with all options
Contracting staff
Funding agency
Government National Mortgage Association Department of Housing and Urban Development
NAICS code
541110 Offices of Lawyers
Set-aside
No set-aside
Competition
Full and Open Competition · 3 offers Negotiated Proposal / Quote
Pricing
Firm Fixed Price
Place of performance
Richmond, VA 23219, USA
Legislative mandates

Award details come from SAM.gov/FPDS.

Transactions

Action Obligated Date
Funding Only Action P00005 $10,769,400
Supplemental Agreement for work within scope P00004 $0
Funding Only Action P00003 $3,844,488
Other Administrative Action P00002 $0
Other Administrative Action P00001 · Gnma multi-class legal services (ODD/even) $0
Original award $25,957,680

About this award

The Government National Mortgage Association awarded a $52.06 million definitive contract to Hunton Andrews Kurth LLP for multi-class legal services on October 1, 2023. The contract is firm fixed price with an ultimate completion date of September 30, 2028.

Place of performance is Richmond, VA. The originating pre-solicitation, posted October 5, 2022, indicated the Department of Housing and Urban Development's Office of the General Counsel required contractor support to provide recommendations and advice for monthly multiclass transactions, general legal advice and assistance for the Multiclass Program, mortgage-backed securities, structured finance, and administrative and securities policy law to support the secondary mortgage market. The solicitation was set aside for total small business with a $12 million size standard; however, the awarded contract carries no set-aside designation. Hunton Andrews Kurth LLP competes exclusively in full-and-open procurements and does not participate in SBA set-aside vehicles.

Quick answers

Who was awarded contract 86615623C00018?

86615623C00018 was awarded to Hunton Andrews Kurth LLP by Federal Housing Administration Support (Department of Housing and Urban Development) on October 1, 2023.

How much is contract 86615623C00018 worth?

The government has obligated $40,571,568 on 86615623C00018. Its current value, with exercised options, is $52,060,784.

Which agency awarded contract 86615623C00018?

Federal Housing Administration Support (Department of Housing and Urban Development) awarded 86615623C00018, with funding from Government National Mortgage Association (Department of Housing and Urban Development).

Was contract 86615623C00018 competed?

The extent of competition for 86615623C00018 was full and open competition. The government received 3 offers.

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