Statistical sampling and extrapolation for single family post claims reviews
Active Awarded Last action
- Contract number
- 86615724F00017
- Awardee
-
Integrated Financial Engineering Inc. UEI C8TYE2STK6M7
- Awarding agency
-
Research and Community Support
Department of Housing and Urban Development
- Obligated
- $2,199,503
Award facts
- Opportunity
-
- 86615724Q00007 Solicitation number
- Contract value 60% obligated
-
- $2,199,503.19 Current, with exercised options
- $3,695,536.23 Potential, with all options
- Completion date 49% complete
-
- Current, with exercised options
- Potential, with all options
- Contracting staff
- Funding agency
- Housing Office of Single Family Housing Department of Housing and Urban Development
- NAICS code
- 541611 Administrative Management and General Management Consulting Services
- PSC
- R704 Support- Management: Auditing
- Set-aside
- Total Small Business
- Competition
- Full and Open Competition · 1 offer Multiple Award, Fair Opportunity
- Pricing
- Firm Fixed Price
- Place of performance
- Rockville, MD 20850, USA
- Legislative mandates
-
- Service Contract Act FAR subpart 22.10
Award details come from SAM.gov/FPDS.
Transactions
| Action | Obligated | Date |
|---|---|---|
| Exercise an Option | $726,135 | |
| Exercise an Option | $705,592 | |
| Other Administrative Action | $0 | |
| Funding Only Action | $392,495 | |
| Original award | $375,281 |
About this award
The U.S. Department of Housing and Urban Development's Office of Single Family Housing awarded a $3.7 million firm fixed-price delivery order to Integrated Financial Engineering Inc. (doing business as IFE Group) for statistical sampling and extrapolation services supporting single family post-claims reviews. This total small business set-aside contract, awarded on May 10, 2024, will be performed in Rockville, Maryland, with an ultimate completion date of May 9, 2029. The delivery order was issued under IFE Group's multiple-award General Services Administration schedule contract (47QRAA23D004W), valued at $2 million and extending through March 2028, which enables federal agencies to procure the company's specialized management and financial consulting services.
IFE Group, a minority-owned, Asian-Pacific American-owned firm based in Rockville, Maryland, specializes in quantitative analytics, financial modeling, and technical consulting for federal housing and lending programs. The company has established a significant portfolio with HUD and other federal agencies, focusing on complex statistical analysis and risk assessment services for mortgage programs, including work on Federal Housing Administration mortgage scorecards and the Rural Housing Service Single Family Housing Guaranteed Loan Program. This engagement reflects IFE Group's core competency in providing data-driven evaluation and technical support critical to HUD's single family housing claims management operations.
Quick answers
Who was awarded contract 86615724F00017?
86615724F00017 was awarded to Integrated Financial Engineering Inc. by Research and Community Support (Department of Housing and Urban Development) on May 10, 2024.
How much is contract 86615724F00017 worth?
The government has obligated $2,199,503 on 86615724F00017. Its potential value, with all options, is $3,695,536.
Which agency awarded contract 86615724F00017?
Research and Community Support (Department of Housing and Urban Development) awarded 86615724F00017, with funding from Housing Office of Single Family Housing (Department of Housing and Urban Development).
Is contract 86615724F00017 an order under another contract?
Yes. 86615724F00017 is a delivery order under 47QRAA23D004W, a federal supply schedule, on Multiple Award Schedule (MAS).
Was contract 86615724F00017 competed?
The extent of competition for 86615724F00017 was full and open competition. The government received 1 offer. It was set aside: Total Small Business.
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