The department of housing and urban development (HUD), under the auspices of the federal housing administration s (FHA) single family loan sale (sfls) program sells certain of its single family…
Ended Awarded Last action
- Contract number
- DU100H14T00003
- Awardee
-
Verdi Consulting Inc. UEI LJZTN4LHMVR3
- Awarding agency
-
Federal Housing Administration Support
Department of Housing and Urban Development
- Obligated
- $25,576,156
Award facts
- Opportunity
-
- Professional Service Schedule Solicitation · DU100H14R0006 · Posted Jun 10, 2019
- Single Family Transaction Services Award Notice · Posted Jul 14, 2014
- Contract value 100% obligated
- $25,576,185.70 Current and potential, with all options
- Completion date 100% complete
- Current and potential, with all options
- Funding agency
- Assistant Secretary for Housing Federal Housing Commissioner Department of Housing and Urban Development
- NAICS code
- 541611 Administrative Management and General Management Consulting Services
- PSC
- R710 Support- Management: Financial
- Set-aside
- Competitive 8(a)
- Competition
- Full and Open Competition · 7 offers Multiple Award, Fair Opportunity
- Pricing
- Firm Fixed Price
- Place of performance
- West McLean, VA 22102, USA
- Legislative mandates
-
- Clinger-Cohen Act FAR part 39
- Service Contract Act FAR subpart 22.10
Award details come from SAM.gov/FPDS.
Transactions
| Action | Obligated | Date |
|---|---|---|
| Close Out | $0 | |
| Other Administrative Action | $0 | |
| Other Administrative Action | $0 | |
| Other Administrative Action | $0 | |
| Other Administrative Action | $0 | |
| Supplemental Agreement for work within scope | $0 | |
| Supplemental Agreement for work within scope | $5,358,214 | |
| Supplemental Agreement for work within scope | $5,214,756 | |
| Other Administrative Action | $0 | |
| Other Administrative Action | $0 | |
| Exercise an Option | $5,075,172 | |
| Other Administrative Action | $0 | |
| Other Administrative Action | $0 | |
| Other Administrative Action | $4,082,992 | |
| Other Administrative Action | $0 | |
| Funding Only Action | -$4,311,614 | |
| Exercise an Option | $4,939,326 | |
| Other Administrative Action | $0 | |
| Other Administrative Action | $0 | |
| Original award | $5,217,309 |
Show all 20
About this award
The Department of Housing and Urban Development (HUD), through the Federal Housing Administration (FHA), awarded a Single Family Loan Sale (SFLS) Transaction Specialist Services delivery order to Verdi Consulting Inc., a Washington, D.C.-based small disadvantaged woman-owned business, with a ceiling value of $25.6M. Awarded on September 30, 2014, under a Competitive 8(a) set-aside designation with an ultimate completion date of August 29, 2020, this contract supports HUD's efforts to expedite the disposition of defaulted single-family assets from the FHA's portfolio. The engagement requires Verdi Consulting to provide comprehensive services including asset information assembly and presentation, marketing of loan pools to qualified investors, advertising, bid acceptance coordination, settlement assistance, and servicing transfer facilitation to maximize recovery proceeds for the FHA Insurance Fund while advancing homeownership and neighborhood stabilization objectives.
Verdi Consulting Inc. brings specialized expertise in real estate valuation and financial management services to federal agencies, with a demonstrated track record delivering appraisal and portfolio management services across the HUD and USDA portfolios. The work will be performed in West McLean, Virginia, under a firm fixed-price contract vehicle through the Professional Services Schedule (PSS). The contractor's experience with single-family housing programs and property valuation aligns directly with the FHA's requirements to efficiently process and market a substantial volume of defaulted assets while protecting the agency's financial interests and furthering its housing policy objectives.
Description
The department of housing and urban development (HUD), under the auspices of the federal housing administration s (FHA) single family loan sale (sfls) program sells certain of its single family defaulted portfolio to expedite the disposition of defaulted assets, maximize the recoveries from sales proceeds to the FHA insurance fund, and address the FHA s public policy objectives of homeownership and neighborhood stabilization. This requirement includes the tasks of assembling and presenting information about the assets, marketing the offering of assets in pools to qualified investors, advertising, accepting the bids on sale day and assisting with the settlement with the winning purchasers and transfer of servicing of the assets sold.
Quick answers
Who was awarded contract DU100H14T00003?
DU100H14T00003 was awarded to Verdi Consulting Inc. by Federal Housing Administration Support (Department of Housing and Urban Development) on September 30, 2014.
How much is contract DU100H14T00003 worth?
The government has obligated $25,576,156 on DU100H14T00003. Its current value, with exercised options, is $25,576,186.
Which agency awarded contract DU100H14T00003?
Federal Housing Administration Support (Department of Housing and Urban Development) awarded DU100H14T00003, with funding from Assistant Secretary for Housing Federal Housing Commissioner (Department of Housing and Urban Development).
Is contract DU100H14T00003 an order under another contract?
Yes. DU100H14T00003 is a delivery order under GS00F0016Y, a federal supply schedule, on The Professional Services Schedule (PSS).
Was contract DU100H14T00003 competed?
The extent of competition for DU100H14T00003 was full and open competition. The government received 7 offers. It was set aside: Competitive 8(a).
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