Actuarial review services
Ended Definitive Contract Awarded Last action
- Contract number
- 86615720C00004
- Awardee
-
Pinnacle Actuarial Resources, Inc. UEI RZ63BVKC2YL5
- Awarding agency
-
Research and Community Support
Department of Housing and Urban Development
- Obligated
- $1,717,750
Award facts
- Opportunity
-
- 86615720R00010 Solicitation number
- Actuarial Review Services Award Notice · Posted Jul 1, 2020
- Actuarial Review Services Limited / Sole Source Justification · Posted Jul 1, 2020
- Actuarial Review Services Special Notice · Posted May 7, 2020
- Contract value 100% obligated
- $1,717,750.00 Current and potential, with all options
- Completion date 100% complete
- Current and potential, with all options
- Funding agency
- Housing Office of Multi Family Housing Department of Housing and Urban Development
- NAICS code
- 524298 All Other Insurance Related Activities
- Set-aside
- No set-aside
- Competition
- Not Competed · 1 offer Only One Source
- Pricing
- Firm Fixed Price
- Place of performance
- Bloomington, IL 61704, USA
- Legislative mandates
-
- Employment Eligibility Verification (E-Verify) FAR subpart 22.18
Award details come from SAM.gov/FPDS.
Transactions
| Action | Obligated | Date |
|---|---|---|
| Other Administrative Action | $0 | |
| Original award | $1,717,750 |
About this award
Pinnacle Actuarial Resources, Inc. has been awarded a definitive contract valued at approximately $1.7 million by the U.S. Department of Housing and Urban Development to provide actuarial review services for the agency's Multi Family Housing program. Under the terms of the contract, which runs from June 2020 through April 2021, Pinnacle will conduct the 2022 actuarial review of the Mutual Mortgage Insurance Fund to analyze risk and ensure the financial soundness of the program. As the prime contractor, Pinnacle will leverage its expertise in actuarial science to deliver specialized analytical and advisory services to HUD without the use of subcontractors. This definitive contract represents a firm fixed price agreement for Pinnacle to support HUD's management of risk within the Mutual Mortgage Insurance Fund through an independent review of the program's actuarial soundness.
Quick answers
Who was awarded contract 86615720C00004?
86615720C00004 was awarded to Pinnacle Actuarial Resources, Inc. by Research and Community Support (Department of Housing and Urban Development) on June 16, 2020.
How much is contract 86615720C00004 worth?
The government has obligated $1,717,750 on 86615720C00004.
Which agency awarded contract 86615720C00004?
Research and Community Support (Department of Housing and Urban Development) awarded 86615720C00004, with funding from Housing Office of Multi Family Housing (Department of Housing and Urban Development).
Was contract 86615720C00004 competed?
The extent of competition for 86615720C00004 was not competed. The government received 1 offer.
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