Independent model validation of rmcap and ccap
Ended Definitive Contract Awarded Last action
- Contract number
- 86615721C00001
- Awardee
-
Grove Street Investment, LLC UEI K3VVMBDN5VA9
- Awarding agency
-
Research and Community Support
Department of Housing and Urban Development
- Obligated
- $3,998,249
Award facts
- Opportunity
-
- 86615720R00021 Solicitation number
- Contract value 100% obligated
- $3,998,249.40 Current and potential, with all options
- Completion date 100% complete
- Current and potential, with all options
- Funding agency
- Assistant Secretary for Housing Federal Housing Commissioner Department of Housing and Urban Development
- NAICS code
- 523920 Portfolio Management
- Set-aside
- 8(a) Sole Source
- Competition
- Not Available for Competition · 1 offer Only One Source
- Pricing
- Firm Fixed Price
- Place of performance
- Arlington, VA 22202, USA
- Legislative mandates
-
- Service Contract Inventory FAR subpart 4.17
Award details come from SAM.gov/FPDS.
Transactions
| Action | Obligated | Date |
|---|---|---|
| Other Administrative Action | $0 | |
| Other Administrative Action | $0 | |
| Other Administrative Action | $0 | |
| Exercise an Option | $1,073,861 | |
| Other Administrative Action | $0 | |
| Exercise an Option | $1,022,724 | |
| Exercise an Option | $974,023 | |
| Other Administrative Action | $0 | |
| Other Administrative Action | $0 | |
| Original award | $927,641 |
About this award
This is a $3,998,249.40 fixed-price definitive contract awarded by the U.S. Department of Housing and Urban Development (HUD) to Grove Street Investment, LLC, an 8(a) certified small disadvantaged business. The contract is for the independent model validation of HUD's Risk Mitigation Capital Assessment Program (RMCAP) and Capital Conversion Assessment Program (CCAP). The contract has an ultimate completion date of December 9, 2024. Grove Street Investment previously held an indefinite delivery contract with HUD's Office of Multifamily Housing for loan underwriting services, indicating this is a continuation of their work supporting HUD's programs related to affordable housing and community development.
Quick answers
Who was awarded contract 86615721C00001?
86615721C00001 was awarded to Grove Street Investment, LLC by Research and Community Support (Department of Housing and Urban Development) on December 10, 2020.
How much is contract 86615721C00001 worth?
The government has obligated $3,998,249 on 86615721C00001.
Which agency awarded contract 86615721C00001?
Research and Community Support (Department of Housing and Urban Development) awarded 86615721C00001, with funding from Assistant Secretary for Housing Federal Housing Commissioner (Department of Housing and Urban Development).
Was contract 86615721C00001 competed?
The extent of competition for 86615721C00001 was not available for competition. The government received 1 offer. It was set aside: 8(a) Sole Source.
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