Gnma mortgage backed securities (MBS) program legal support services
Ended Awarded Last action
- Contract number
- 86615619F00012
- Awardee
-
Venable LLP UEI EC44BLNJVM99
- Awarding agency
-
Federal Housing Administration Support
Department of Housing and Urban Development
- Obligated
- $326,775
Award facts
- Opportunity
-
- Mortgage Backed Securities (MBS) Legal Services Ceiling Increase Justification Limited / Sole Source Justification · Posted Aug 17, 2021
- Contract value 100% obligated
- $326,774.50 Current and potential, with all options
- Completion date 100% complete
- Current and potential, with all options
- Funding agency
- Government National Mortgage Association Department of Housing and Urban Development
- NAICS code
- 541110 Offices of Lawyers
- PSC
- R418 Support- Professional: Legal
- Set-aside
- No set-aside
- Competition
- Full and Open Competition Negotiated Proposal / Quote
- Pricing
- Firm Fixed Price
- Place of performance
- Baltimore, MD 21202, USA
- Legislative mandates
-
- Service Contract Act FAR subpart 22.10
Award details come from SAM.gov/FPDS.
Transactions
| Action | Obligated | Date |
|---|---|---|
| Close Out | -$2,546 | |
| Original award | $329,320 |
About this award
The Department of Housing and Urban Development's Government National Mortgage Association (HUD GNMA) awarded a Firm Fixed Price delivery order to Venable LLP, a law firm, to provide legal support services for the GNMA Mortgage-Backed Securities (MBS) Program. The contract has a potential value of $326,774.50 and a completion date of September 29, 2020. Venable LLP has been awarded over $4 million in federal contracts from HUD GNMA since 2019 to provide legal services, including assistance with the transition from the London Interbank Offered Rate, drafting acknowledgement agreements, advising on issuer liquidity matters, and supporting legislative and regulatory changes. The services are being performed in Washington, D.C. and East Case, Maryland. This contract does not have a set-aside designation.
Quick answers
Who was awarded contract 86615619F00012?
86615619F00012 was awarded to Venable LLP by Federal Housing Administration Support (Department of Housing and Urban Development) on September 30, 2019.
How much is contract 86615619F00012 worth?
The government has obligated $326,775 on 86615619F00012.
Which agency awarded contract 86615619F00012?
Federal Housing Administration Support (Department of Housing and Urban Development) awarded 86615619F00012, with funding from Government National Mortgage Association (Department of Housing and Urban Development).
Is contract 86615619F00012 an order under another contract?
Yes. 86615619F00012 is a delivery order under 86543E18D00002, an indefinite delivery contract.
Was contract 86615619F00012 competed?
The extent of competition for 86615619F00012 was full and open competition.
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