Provide housing loans
Ended Definitive Contract Awarded
- Contract number
- OPIC13C0014
- Awardee
-
Development Innovations Group, LLC UEI PG9PYCAK6SN1
- Awarding agency
-
Overseas Private Investment Corporation
- Obligated
- $6,000,000
Award facts
- Contract value 35% obligated
-
- $6,000,000.00 Current, with exercised options
- $17,000,000.00 Potential, with all options
- Completion date 100% complete
- Current and potential, with all options
- NAICS code
- 522110 Commercial Banking
- PSC
- R711 Support- Management: Banking
- Set-aside
- No set-aside
- Competition
- Not Competed · 1 offer Only One Source
- Pricing
- Firm Fixed Price
- Place of performance
- Bethesda, MD 20814, USA
Award details come from SAM.gov/FPDS.
About this award
The Overseas Private Investment Corporation (OPIC), a United States federal government agency that provides financing and political risk insurance to private sector investments in developing countries, awarded a definitive contract to Development Innovations Group, LLC (doing business as Development Innovations G) to provide housing loans. The contract has a firm fixed price and will be performed in Bethesda, Maryland from March 14, 2013 through February 22, 2024. As part of OPIC's mission to mobilize private capital to help address critical development challenges, this contract scope likely involves Development Innovations G originating and servicing housing loans that OPIC will finance to support housing development projects in developing nations, though the specific program is not specified.
Quick answers
Who was awarded contract OPIC13C0014?
OPIC13C0014 was awarded to Development Innovations Group, LLC by Overseas Private Investment Corporation on March 14, 2013.
How much is contract OPIC13C0014 worth?
The government has obligated $6,000,000 on OPIC13C0014. Its potential value, with all options, is $17,000,000.
Was contract OPIC13C0014 competed?
The extent of competition for OPIC13C0014 was not competed. The government received 1 offer.
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