Definitive Contract 86615723C00007
Ended Awarded Last action
- Contract number
- 86615723C00007
- Awardee
-
Waseyabek Falcon JV, LLC UEI TBRCF8JSW164
- Awarding agency
-
Research and Community Support
Department of Housing and Urban Development
- Obligated
- $3,231,875
Award facts
- Opportunity
-
- Multifamily Loan Underwriting and Closing Support Services Solicitation · 86615723R00001 · Posted Oct 13, 2022
- Contract value 17% obligated
-
- $7,228,948.64 Current, with exercised options
- $19,070,314.60 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
- 524126 Direct Property and Casualty Insurance Carriers
- PSC
- R710 Support- Management: Financial
- Set-aside
- No set-aside
- Competition
- Full and Open Competition · 6 offers Negotiated Proposal / Quote
- Pricing
- Firm Fixed Price
- Place of performance
- Wyoming, MI 49503, USA
- Legislative mandates
-
- Employment Eligibility Verification (E-Verify) FAR subpart 22.18
- Service Contract Inventory FAR subpart 4.17
Award details come from SAM.gov/FPDS.
Transactions
| Action | Obligated | Date |
|---|---|---|
| Terminate for Convenience | $0 | |
| Other Administrative Action | $0 | |
| Funding Only Action | $122,125 | |
| Exercise an Option | $1,857,486 | |
| Funding Only Action | -$122,125 | |
| Original award | $1,374,389 |
About this award
The Department of Housing and Urban Development (HUD) awarded a $19,070,314.60 firm fixed-price contract to Waseyabek Falcon JV, LLC, an 8(a) certified small business joint venture, for multifamily loan underwriting and closing support services. This requirement was set aside for 8(a) small businesses. The contractor will provide project management, loan application underwriting, and loan closing administration for loan applications under Sections 223(a)(7), 223(f), and 221(d)(4) of the National Housing Act. This contract has an ultimate completion date of August 1, 2025. Waseyabek Falcon JV, LLC is a tribally-owned, minority-owned, and Native American-owned limited liability company that specializes in providing housing and loan administration support services to federal agencies, particularly the U.S. Department of Agriculture's Rural Housing Service and HUD.
Quick answers
Who was awarded contract 86615723C00007?
86615723C00007 was awarded to Waseyabek Falcon JV, LLC by Research and Community Support (Department of Housing and Urban Development) on September 30, 2023.
How much is contract 86615723C00007 worth?
The government has obligated $3,231,875 on 86615723C00007. Its current value, with exercised options, is $7,228,949. Its potential value, with all options, is $19,070,315.
Which agency awarded contract 86615723C00007?
Research and Community Support (Department of Housing and Urban Development) awarded 86615723C00007, with funding from Housing Office of Multi Family Housing (Department of Housing and Urban Development).
Was contract 86615723C00007 competed?
The extent of competition for 86615723C00007 was full and open competition. The government received 6 offers.
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