Gnma mortgage backed securities (MBS) program legal support services for libor II.
Ended Awarded Last action
- Contract number
- 86615622F00005
- Awardee
-
Venable LLP UEI EC44BLNJVM99
- Awarding agency
-
Federal Housing Administration Support
Department of Housing and Urban Development
- Obligated
- $132,610
Award facts
- Contract value 100% obligated
- $132,610.00 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
- Labor Hours
- 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 | -$153,815 | |
| Original award | $286,425 |
About this award
This is a federal contract award to Venable LLP, a law firm, by the Government National Mortgage Association (GNMA), a program of the Department of Housing and Urban Development (HUD). The contract is for GNMA Mortgage-Backed Securities (MBS) Program legal support services, including assistance with the transition from the London Interbank Offered Rate (LIBOR), drafting of acknowledgement agreements, advice on issuer liquidity matters, and support for legislative and regulatory changes impacting the MBS program. The contract has a ceiling value of $132,610.00 and an ultimate completion date of October 7, 2022. The work is being performed in East Case, Maryland and Washington, D.C. The contract is not associated with a set-aside designation.
Quick answers
Who was awarded contract 86615622F00005?
86615622F00005 was awarded to Venable LLP by Federal Housing Administration Support (Department of Housing and Urban Development) on April 8, 2022.
How much is contract 86615622F00005 worth?
The government has obligated $132,610 on 86615622F00005.
Which agency awarded contract 86615622F00005?
Federal Housing Administration Support (Department of Housing and Urban Development) awarded 86615622F00005, with funding from Government National Mortgage Association (Department of Housing and Urban Development).
Is contract 86615622F00005 an order under another contract?
Yes. 86615622F00005 is a delivery order under 86543E18D00002, an indefinite delivery contract.
Was contract 86615622F00005 competed?
The extent of competition for 86615622F00005 was full and open competition.
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