Mortgage loan servicing support services
Active Definitive Contract Awarded Last action
- Contract number
- 86615722C00008
- Awardee
-
Dynaxys, LLC UEI FFFSL3E5C792 Part of DP Service, LLC
- Awarding agency
-
Research and Community Support
Department of Housing and Urban Development
- Obligated
- $46,331,403
Award facts
- Opportunity
-
- Mortgage Loan Servicing Support Services Pre-Solicitation · 86615720R00001 · Posted Jun 26, 2020
- Contract value 81% obligated
-
- $46,356,402.85 Current, with exercised options
- $56,962,356.84 Potential, with all options
- Completion date 89% complete
- Current and potential, with all options
- Contracting staff
- Funding agency
- Housing Office of Multi Family Housing 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
- Full and Open Competition · 5 offers Negotiated Proposal / Quote
- Pricing
- Firm Fixed Price
- Place of performance
- Silver Spring, MD 20904, USA
Award details come from SAM.gov/FPDS.
Transactions
| Action | Obligated | Date |
|---|---|---|
| Funding Only Action | $4,338,878 | |
| Supplemental Agreement for work within scope | $0 | |
| Other Administrative Action | $0 | |
| Exercise an Option | $5,290,657 | |
| Funding Only Action | $1,074,024 | |
| Exercise an Option | $5,408,485 | |
| Change Order | $0 | |
| Change Order | $0 | |
| Other Administrative Action | $0 | |
| Funding Only Action | $4,120,711 | |
| Funding Only Action | -$393,052 | |
| Exercise an Option | $5,072,094 | |
| Other Administrative Action | $0 | |
| Exercise an Option | $9,002,347 | |
| Change Order | $0 | |
| Other Administrative Action | $0 | |
| Original award | $9,195,186 |
Show all 17
About this award
The Department of Housing and Urban Development's Housing Office of Multi Family Housing awarded a $56.96 million definitive contract to Dynaxys, LLC for mortgage loan servicing support services on May 16, 2022, with an ultimate completion date of May 15, 2027.
The originating solicitation, posted June 26, 2020, sought mortgage loan servicing for conventional, mark-to-market, healthcare, and HUD-held notes; property disposition services; risk sharing and direct loan services; and accounting services, with support for HUD's Minority Bank Program. The solicitation structure specified a one-year base period and four one-year option periods. Place of performance is Silver Spring, MD.
Service Contract Inventory data reflects actual government-invoiced activity. In fiscal year 2025, Dynaxys invoiced $9.2 million across 20.8 FTEs and 43,245 contractor hours, representing a derived hourly rate of $211.85 per hour. Year-over-year invoiced amounts held steady (FY2023: $9 million; FY2024: $8.9 million; FY2025: $9.2 million), while the derived hourly rate trended upward from $190.23 in FY2023 to $211.85 in FY2025. Subcontractor engagement remained minimal, at 9 percent of contractor hours in FY2025.
Quick answers
Who was awarded contract 86615722C00008?
86615722C00008 was awarded to Dynaxys, LLC by Research and Community Support (Department of Housing and Urban Development) on May 16, 2022.
How much is contract 86615722C00008 worth?
The government has obligated $46,331,403 on 86615722C00008. Its current value, with exercised options, is $46,356,403. Its potential value, with all options, is $56,962,357.
Which agency awarded contract 86615722C00008?
Research and Community Support (Department of Housing and Urban Development) awarded 86615722C00008, with funding from Housing Office of Multi Family Housing (Department of Housing and Urban Development).
Was contract 86615722C00008 competed?
The extent of competition for 86615722C00008 was full and open competition. The government received 5 offers.
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