Ginnie MAE IT systems analysis

Active Awarded Last action

Contract number
47QFDA22F0019
Awardee
Awarding agency
Obligated
$21,986,689

Award facts

Opportunity
  • 47QFDA22Q0014 Solicitation number
Contract value 50% obligated
  • $26,716,592.80 Current, with exercised options
  • $43,973,377.98 Potential, with all options
Completion date 92% complete
Current and potential, with all options
Funding agency
Office of the Chief Procurement Officer Department of Housing and Urban Development
Set-aside
Total Small Business
Competition
Full and Open Competition · 10 offers Multiple Award, Fair Opportunity
Pricing
Firm Fixed Price
Place of performance
Washington, DC 20024, USA
Legislative mandates
  • Other statutory authority

Award details come from SAM.gov/FPDS.

Transactions

Action Obligated Date
Exercise an Option P00014 · Ginnie MAE IT systems analysis recompete $0
Exercise an Option P00013 · Ginnie MAE IT systems analysis recompete - MOD to realign funds $0
Exercise an Option P00012 · Exercise OP 4 ginnie MAE IT systems analysis recompete $4,729,904
Funding Only Action P00011 · Ginnie MAE IT systems analysis recompete - MOD to add GFP and GFP clause $0
Funding Only Action P00010 · Ceiling correction & CO transfer to valarie palumbo $0
Funding Only Action P00009 · Ginnie MAE IT systems analysis recompete option exercise OY3 $4,610,636
Funding Only Action P00008 · Realign $84,088.80 from clin 1004 to clin 2002 $0
Supplemental Agreement for work within scope P00007 · Ginnie MAE IT systems analysis recompete CO transfer to marki settles $0
Supplemental Agreement for work within scope P00006 $0
Funding Only Action P00005 $688,214
Exercise an Option P00004 · Ginnie MAE IT systems analysis recompete $3,881,441
Other Administrative Action P00003 · Tiktok far 52.204-27 ginnie MAE IT systems analysis recompete $0
Exercise an Option P00002 $674,720
Exercise an Option P00001 · Ginnie MAE IT systems analysis recompete $3,805,334
Original award $3,596,440
Show all 15

About this award

The Department of Housing and Urban Development's Office of the Chief Procurement Officer issued a delivery order to 2Ndwave LLC, a service-disabled veteran-owned small business (SDVOSB) certified firm, under the Multiple Award Schedule (MAS) on March 16, 2022, with a ceiling value of $43.97 million and an ultimate completion date of March 15, 2027. The order covers Ginnie Mae IT systems analysis and recompete support, issued under the Total Small Business set-aside.

Place of performance is Washington, DC. The order is priced firm fixed price.

According to Service Contract Inventory reporting, the order has invoked $14.7 million across four fiscal years (FY2022–FY2025). Labor footprint in the most recent year (FY2025) was 10.7 FTEs and 22,158 contractor hours. Derived government-paid hourly rates have risen from $116.47 per hour in FY2022 to $208.18 per hour in FY2025. In FY2025, one subcontractor was engaged for approximately 37 percent of contractor hours.

Quick answers

Who was awarded contract 47QFDA22F0019?

47QFDA22F0019 was awarded to 2Ndwave LLC by Assisted Acquisition Services Region 11 (Assisted Acquisition Services) on March 16, 2022.

How much is contract 47QFDA22F0019 worth?

The government has obligated $21,986,689 on 47QFDA22F0019. Its current value, with exercised options, is $26,716,593. Its potential value, with all options, is $43,973,378.

Which agency awarded contract 47QFDA22F0019?

Assisted Acquisition Services Region 11 (Assisted Acquisition Services) awarded 47QFDA22F0019, with funding from Office of the Chief Procurement Officer (Department of Housing and Urban Development).

Is contract 47QFDA22F0019 an order under another contract?

Yes. 47QFDA22F0019 is a delivery order under 47QTCA20D00A6, a federal supply schedule, on Multiple Award Schedule (MAS).

Was contract 47QFDA22F0019 competed?

The extent of competition for 47QFDA22F0019 was full and open competition. The government received 10 offers. It was set aside: Total Small Business.

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