Hecm/BSP services
Ended Definitive Contract Awarded Last action
- Contract number
- 86615720C00007
- Awardee
-
Reverse Market Insight, Inc. UEI KQAMWFTRLSC5
- Awarding agency
-
Research and Community Support
Department of Housing and Urban Development
- Obligated
- $14,164,230
Award facts
- Opportunity
-
- 86615720R00020 Solicitation number
- Contract value 100% obligated
- $14,164,230.23 Current and potential, with all options
- Completion date 100% complete
-
- Current, with exercised options
- Potential, with all options
- Funding agency
- Department of Housing and Urban Development
- NAICS code
- 522390 Other Activities Related to Credit Intermediation
- PSC
- R710 Support- Management: Financial
- Set-aside
- No set-aside
- Competition
- Not Competed · 1 offer Only One Source
- Pricing
- Firm Fixed Price
- Place of performance
- Mission Viejo, CA 92691, USA
Award details come from SAM.gov/FPDS.
Transactions
| Action | Obligated | Date |
|---|---|---|
| Close Out | -$446,352 | |
| Other Administrative Action | $0 | |
| Other Administrative Action | $0 | |
| Exercise an Option | $4,932,840 | |
| Exercise an Option | $4,932,840 | |
| Other Administrative Action | $0 | |
| Other Administrative Action | $0 | |
| Original award | $4,744,902 |
About this award
This contract was awarded to Reverse Market Insight, Inc. (RMI), a minority-owned, self-certified small disadvantaged business and SBA-certified 8(a) firm, by the U.S. Department of Housing and Urban Development (HUD). The contract, valued at $14,164,230.23, is a definitive, firm fixed price contract for HECM/Business Service Provider (BSP) administration and oversight support services for HUD's Home Equity Conversion Mortgage (HECM) reverse mortgage program. RMI has previously served as a subcontractor on HUD and Ginnie Mae contracts, providing data analysis, portfolio advisory, and mortgage-backed securities services. This contract does not have a set-aside designation.
Quick answers
Who was awarded contract 86615720C00007?
86615720C00007 was awarded to Reverse Market Insight, Inc. by Research and Community Support (Department of Housing and Urban Development) on September 30, 2020.
How much is contract 86615720C00007 worth?
The government has obligated $14,164,230 on 86615720C00007.
Which agency awarded contract 86615720C00007?
Research and Community Support (Department of Housing and Urban Development) awarded 86615720C00007, with funding from Department of Housing and Urban Development.
Was contract 86615720C00007 competed?
The extent of competition for 86615720C00007 was not competed. The government received 1 offer.
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