DE-obligation of funds for the property preservation and inspection services task order. PO 4300462499
Ended Awarded Last action
- Contract number
- 12SAD120F0027
- Awardee
-
Mortgage Contracting Services LLC UEI VD4GBMZDB1Z7
- Awarding agency
-
Washington Office
Rural Housing Service, Department of Agriculture
- Obligated
- -$8,804,003
Award facts
- Opportunity
-
- Property Preservation and Inspection Services Limited / Sole Source Justification · Posted Aug 12, 2020
- Contract value 0% obligated
-
- $37,723,170.16 Current, with exercised options
- $49,930,357.11 Potential, with all options
- Completion date 100% complete
-
- Current, with exercised options
- Potential, with all options
- Contracting staff
- Funding agency
- Chief Financial Office Washington Office, Department of Agriculture
- NAICS code
- 522310 Mortgage and Nonmortgage Loan Brokers
- Set-aside
- No set-aside
- Competition
- Full and Open Competition · 1 offer Multiple Award, Fair Opportunity
- Pricing
- Time and Materials
- Place of performance
- Lewisville, TX 75067, 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 |
|---|---|---|
| Supplemental Agreement for work within scope | -$8,804,003 | |
| Supplemental Agreement for work within scope | $0 | |
| Supplemental Agreement for work within scope | $0 | |
| Supplemental Agreement for work within scope | $9,148,407 | |
| Other Administrative Action | $0 | |
| Funding Only Action | -$30,000 | |
| Supplemental Agreement for work within scope | $9,564,481 | |
| Exercise an Option | $7,401,560 | |
| Exercise an Option | $2,278,909 | |
| Supplemental Agreement for work within scope | $3,133,816 | |
| Supplemental Agreement for work within scope | $0 | |
| Supplemental Agreement for work within scope | $6,552,074 | |
| Funding Only Action | $0 | |
| Funding Only Action | $1,273,159 | |
| Exercise an Option | $0 | |
| Original award | $7,204,768 |
Show all 16
About this award
This federal contract award represents a de-obligation of funds for a Delivery Order (PO 4300462499) issued to Mortgage Contracting Services LLC under the General Services Administration's Multiple Award Schedule (MAS) contract vehicle. The order, valued at approximately $49.9 million, covers property preservation and inspection services to be performed in Lewisville, Texas. The work was awarded by the U.S. Department of Agriculture's Chief Financial Office on August 11, 2020, with an ultimate completion date of August 31, 2022. The contract utilizes Time and Materials pricing and carries no set-aside designation, indicating it was competed among all eligible vendors on the MAS schedule.
Mortgage Contracting Services LLC, operating as MCS360, is a national property services provider with over 35 years of experience delivering inspections, preservation, and maintenance services. The company supports the USDA's Rural Housing Service mission to maintain loan collateral throughout its rural housing loan portfolio by providing nationwide property preservation and inspection services. The de-obligation of funds noted in this award reflects adjustments to the delivery order's funding, which is common as agencies reconcile actual performance and expenditure requirements over the contract period.
Quick answers
Who was awarded contract 12SAD120F0027?
12SAD120F0027 was awarded to Mortgage Contracting Services LLC by Washington Office (Rural Housing Service) on August 11, 2020.
How much is contract 12SAD120F0027 worth?
The government has obligated -$8,804,003 on 12SAD120F0027. Its current value, with exercised options, is $37,723,170. Its potential value, with all options, is $49,930,357.
Which agency awarded contract 12SAD120F0027?
Washington Office (Rural Housing Service) awarded 12SAD120F0027, with funding from Chief Financial Office (Washington Office).
Is contract 12SAD120F0027 an order under another contract?
Yes. 12SAD120F0027 is a delivery order under GS00F107GA, a federal supply schedule, on Multiple Award Schedule (MAS).
Was contract 12SAD120F0027 competed?
The extent of competition for 12SAD120F0027 was full and open competition. The government received 1 offer.
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