Exercise option period 2 for contract DU100G-16-d-01 (global investor)
Ended Awarded Last action
- Contract number
- 00003
- Awardee
-
State Street Bank And Trust Company UEI PLX5WDA6TBK3 Part of State Street Corporation
- Awarding agency
-
Government National Mortgage Association
Department of Housing and Urban Development
- Obligated
- $1,425,331
Award facts
- Contract value 100% obligated
- $1,425,330.81 Current and potential, with all options
- Completion date 100% complete
- Current and potential, with all options
- NAICS code
- 523930 Investment Advice
- PSC
- R710 Support- Management: Financial
- Set-aside
- No set-aside
- Competition
- Full and Open Competition Negotiated Proposal / Quote
- Pricing
- Time and Materials
- Place of performance
- Boston, MA 02111, USA
- Legislative mandates
-
- Service Contract Inventory FAR subpart 4.17
Award details come from SAM.gov/FPDS.
Transactions
| Action | Obligated | Date |
|---|---|---|
| Close Out | $0 | |
| Funding Only Action | -$970,769 | |
| Original award | $2,396,100 |
About this award
The Government National Mortgage Association (Ginnie Mae) exercised Option Period 2 under delivery order contract DU100G-16-D-01 with State Street Bank and Trust Company, a subsidiary of State Street Corporation, for Global Investor Advisor Services. This time-and-materials delivery order, awarded without set-aside designation, carries a ceiling value of approximately $1.43M and is scheduled for completion by March 6, 2025. The contract was originally awarded on January 20, 2018, and work will be performed in Boston, Massachusetts, where State Street maintains significant operations.
State Street Corporation, a prominent Boston-based financial services firm, brings extensive expertise in investment management and specialized financial services to federal agencies through this engagement. The parent company has demonstrated competitive capabilities across multiple federal contracts, including substantial awards for global master custody and payment agent services with other agencies. This delivery order represents one component of State Street's broader portfolio of advisory and custodial services supporting federal financial operations.
Quick answers
Who was awarded contract 00003?
00003 was awarded to State Street Bank And Trust Company by Government National Mortgage Association (Department of Housing and Urban Development) on January 20, 2018.
How much is contract 00003 worth?
The government has obligated $1,425,331 on 00003.
Is contract 00003 an order under another contract?
Yes. 00003 is a delivery order under DU100G16D01, an indefinite delivery contract.
Was contract 00003 competed?
The extent of competition for 00003 was full and open competition.
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