Gnma multiclass program even legal support services
Ended Awarded Last action
- Contract number
- 86615622F00016
- Awardee
-
Hunton Andrews Kurth LLP UEI EMD3YKSV8YP3
- Awarding agency
-
Federal Housing Administration Support
Department of Housing and Urban Development
- Obligated
- $1,527,455
Award facts
- Contract value 100% obligated
- $1,527,454.50 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 · 2 offers Multiple Award, Fair Opportunity
- Pricing
- Labor Hours
- Place of performance
- Richmond, VA 23219, USA
- Legislative mandates
-
- Service Contract Act FAR subpart 22.10
Award details come from SAM.gov/FPDS.
Transactions
| Action | Obligated | Date |
|---|---|---|
| Other Administrative Action | -$296,794 | |
| Close Out | -$1,884,014 | |
| Other Administrative Action | $0 | |
| Other Administrative Action | -$355,522 | |
| Exercise an Option | $1,545,963 | |
| Exercise an Option | $1,438,756 | |
| Original award | $1,079,066 |
About this award
The Government National Mortgage Association (Ginnie Mae) awarded a delivery order contract to Hunton Andrews Kurth LLP for multi-class legal support services, with a ceiling value of approximately $1.53M and a performance period through March 30, 2023. This contract was awarded on a competitive basis with no set-aside designation and operates under a labor-hour pricing model. The work is to be performed in Richmond, Virginia, where the firm maintains its headquarters. Hunton Andrews Kurth LLP, a global law firm with extensive federal contracting experience since 2003, will provide comprehensive legal advisory services across multiple domains in support of Ginnie Mae's operations.
This delivery order represents specialized legal support for Ginnie Mae's mortgage-backed securities programs and related financial services activities. As a firm with demonstrated expertise in finance transactions, securities law, and federal agency representation, Hunton Andrews Kurth LLP brings relevant experience from prior engagements with Ginnie Mae and other civilian agencies. The firm's broader contract portfolio includes significant indefinite delivery/indefinite quantity vehicles with the International Development Finance Corporation ($50M) and the Department of Transportation ($11.45M), positioning it as a capable provider of sophisticated federal legal services. This award reflects Ginnie Mae's continued reliance on external legal counsel to support its mission of guaranteeing mortgage-backed securities in the secondary mortgage market.
Quick answers
Who was awarded contract 86615622F00016?
86615622F00016 was awarded to Hunton Andrews Kurth LLP by Federal Housing Administration Support (Department of Housing and Urban Development) on September 30, 2022.
How much is contract 86615622F00016 worth?
The government has obligated $1,527,455 on 86615622F00016.
Which agency awarded contract 86615622F00016?
Federal Housing Administration Support (Department of Housing and Urban Development) awarded 86615622F00016, with funding from Government National Mortgage Association (Department of Housing and Urban Development).
Is contract 86615622F00016 an order under another contract?
Yes. 86615622F00016 is a delivery order under DU100G17D04, an indefinite delivery contract.
Was contract 86615622F00016 competed?
The extent of competition for 86615622F00016 was full and open competition. The government received 2 offers.
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