Ginnie MAE business solutions and next generation support
Active Awarded Last action
- Contract number
- 47QFDA24F0003
- Awardee
-
Falcon Capital Advisors LLC UEI GSF4STFFLXF8
- Awarding agency
-
Assisted Acquisition Services Region 11
Assisted Acquisition Services, General Services Administration
- Obligated
- $9,827,057
Award facts
- Opportunity
-
- 47QFDA23Q0024 Solicitation number
- Contract value 41% obligated
-
- $13,429,500.53 Current, with exercised options
- $23,914,883.53 Potential, with all options
- Completion date 56% complete
-
- Current, with exercised options
- Potential, with all options
- Contracting staff
- Funding agency
- Government National Mortgage Association Department of Housing and Urban Development
- NAICS code
- 541611 Administrative Management and General Management Consulting Services
- PSC
- R499 Support- Professional: Other
- Set-aside
- No set-aside
- Competition
- Full and Open Competition · 5 offers Multiple Award, Fair Opportunity
- Pricing
- Firm Fixed Price
- Place of performance
- Washington, DC 20024, USA
- Legislative mandates
-
- Service Contract Act FAR subpart 22.10
- Other statutory authority
- Employment Eligibility Verification (E-Verify) FAR subpart 22.18
- Service Contract Inventory FAR subpart 4.17
Award details come from SAM.gov/FPDS.
Transactions
| Action | Obligated | Date |
|---|---|---|
| Funding Only Action | -$751,908 | |
| Exercise an Option | $3,602,444 | |
| Funding Only Action | -$1,011,612 | |
| Terminate for Convenience | -$780,339 | |
| Terminate for Convenience | $0 | |
| Exercise an Option | $4,438,320 | |
| Other Administrative Action | $0 | |
| Original award | $4,330,152 |
About this award
The Government National Mortgage Association (Ginnie Mae) issued a delivery order to Falcon Capital Advisors LLC on December 18, 2023, under the General Services Administration Multiple Award Schedule (MAS) with a ceiling value of $23.9 million for Ginnie Mae business solutions and next-generation support services.
Falcon Capital Advisors is a minority-owned, Hispanic American-owned firm. Place of performance is Washington, DC. The order extends through January 17, 2029.
In fiscal year 2025, the order engaged 6.7 FTEs across 13,925 contractor hours, with a derived government-paid blended hourly rate of $204.81 per hour. Invoiced volume was $2.9 million in FY2025, compared to $2.5 million in FY2024. The labor footprint is increasing modestly year-over-year. Falcon Capital Advisors subcontracted approximately 46 percent of contractor hours in FY2025 to a single subcontractor.
Quick answers
Who was awarded contract 47QFDA24F0003?
47QFDA24F0003 was awarded to Falcon Capital Advisors LLC by Assisted Acquisition Services Region 11 (Assisted Acquisition Services) on December 18, 2023.
How much is contract 47QFDA24F0003 worth?
The government has obligated $9,827,057 on 47QFDA24F0003. Its current value, with exercised options, is $13,429,501. Its potential value, with all options, is $23,914,884.
Which agency awarded contract 47QFDA24F0003?
Assisted Acquisition Services Region 11 (Assisted Acquisition Services) awarded 47QFDA24F0003, with funding from Government National Mortgage Association (Department of Housing and Urban Development).
Is contract 47QFDA24F0003 an order under another contract?
Yes. 47QFDA24F0003 is a delivery order under GS10F074CA, a federal supply schedule, on Multiple Award Schedule (MAS).
Was contract 47QFDA24F0003 competed?
The extent of competition for 47QFDA24F0003 was full and open competition. The government received 5 offers.
On GovTribe
See this award's full record
- Every transaction and funding action
- The awardee's other awards and teaming partners
- Similar awards and recompete opportunities
- Ask GovTribe AI about this award