Single family master subservicer DE-obligation

Ended Definitive Contract Awarded Last action

Contract number
DU100G14C04
Awardee
Awarding agency
Obligated
$314,162,445

Award facts

Contract value 34% obligated
$915,861,334.42 Current and potential, with all options
Completion date 100% complete
Current and potential, with all options
Set-aside
No set-aside
Competition
Full and Open Competition · 7 offers Negotiated Proposal / Quote
Pricing
Firm Fixed Price
Place of performance
Houston, TX 77042, USA
Legislative mandates

Award details come from SAM.gov/FPDS.

Transactions

Action Obligated Date
Close Out P00005 $0
Funding Only Action P00004 $5,762,362
Funding Only Action P00003 -$306,861,297
Funding Only Action P00002 · Modification to obligate funds on LIN 0036 and 0037 $54,344
Funding Only Action P00001 · Modification to deobligate some funds on LIN 0035 -$54,344
Funding Only Action 19 $882,173
Supplemental Agreement for work within scope 18 $905,000
Supplemental Agreement for work within scope 17 $955,000
Supplemental Agreement for work within scope 16 $0
Other Administrative Action 15 $0
Exercise an Option 14 $36,511,709
Supplemental Agreement for work within scope 13 $0
Other Administrative Action 12 $0
Other Administrative Action 11 $0
Other Administrative Action 10 $0
Exercise an Option 9 $164,481,509
Exercise an Option 8 $162,776,586
Funding Only Action 7 $63,300,000
Funding Only Action 6 $0
Supplemental Agreement for work within scope M005 $0
Funding Only Action M004 $50,000,000
Other Administrative Action M003 $0
Funding Only Action M002 $25,000,000
Other Administrative Action M001 $0
Original award Single family master subservicer $110,449,403
Show all 25

About this award

Written by GovTribe AI ·

This is a definitive contract awarded by the Government National Mortgage Association (Ginnie Mae), a civilian agency, to Selene Finance LP for Single Family Master Subservicer services. The contract has a firm fixed price type and a ceiling value of $915,861,334.42. The period of performance runs through August 11, 2019. The contract was awarded on February 12, 2014 without any set-aside designation. Selene Finance LP is the prime contractor for this award, which is associated with Ginnie Mae's Single Family Master Subservicer program.

Quick answers

Who was awarded contract DU100G14C04?

DU100G14C04 was awarded to Selene Finance LP by Government National Mortgage Association (Department of Housing and Urban Development) on February 12, 2014.

How much is contract DU100G14C04 worth?

The government has obligated $314,162,445 on DU100G14C04. Its current value, with exercised options, is $915,861,334.

Was contract DU100G14C04 competed?

The extent of competition for DU100G14C04 was full and open competition. The government received 7 offers.

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