Definitive Contract DU100G15C08

Award Date 1/1/15
Potential Completion Date 3/28/25
Potential Value $243M
Federal Contract Vehicle
Set-Aside Type
No Set-Aside Used
Extent Competed
Not Competed
Major Defense Program
Not listed
Pricing Type
Firm Fixed Price
Place of Performance
New York, NY 10007, USA
Solicitation Procedures
Only One Source
Number Of Offers Received
1
Legislative Mandate
Clinger Cohen Act
National Interest Action
Not listed
Research Type
Not listed
Primary Consortia Member
Not listed
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This is a definitive contract awarded by the Government National Mortgage Association (Ginnie Mae), a civilian agency, to The Bank of New York Mellon for Pool Processing Agent Services. The contract has a ceiling value of $243,422,937.72 and a completion date of March 28, 2025. It is not a set-aside contract.

The Bank of New York Mellon is the prime contractor, and it has awarded several subcontracts to support the contract, including to A-Sa-Ma-Di (Smart) Business Solutions LLC, Lunarline, Inc., Intepros Federal Incorporated, BKW Transformation Group, Inc., and A.c.c. & Associates, LLC. The subcontractors provide a range of services, such as policy/procedure implementation, FISMA/NIST consulting, and temporary staffing.

This contract is part of Ginnie Mae's "Pool Processing Re-Compete" major program, which involves the administration and management of mortgage-backed securities. As a large financial institution, The Bank of New York Mellon has extensive experience supporting critical government financial operations and initiatives across multiple federal agencies.

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