To provide an oracle licenses unlimited licensing agreement (ULA). The ULA shall provide ginnie MAE (gnma) the ability to continue and upgrade the infrastructure.

Active Awarded Last action

Contract number
86615525F00008
Awardee
Awarding agency
Obligated
$21,438,572

Award facts

Opportunity
  • 86615525Q00010 Solicitation number
Contract value 73% obligated
  • $21,438,572.00 Current, with exercised options
  • $29,517,858.00 Potential, with all options
Completion date 38% complete
  • Current, with exercised options
  • Potential, with all options
Set-aside
Total Small Business
Competition
Full and Open Competition after exclusion of sources · 2 offers Multiple Award, Fair Opportunity
Pricing
Firm Fixed Price
Place of performance
Colorado Springs, CO 80921, USA

Award details come from SAM.gov/FPDS.

Transactions

Action Obligated Date
Supplemental Agreement for work within scope P00002 $0
Exercise an Option P00001 · Oracle licenses unlimited licensing agreement (ULA). The ULA shall provide ginnie MAE (gnma) the ability to continue and upgrade the infrastructure. $8,079,286
Original award $13,359,286

About this award

The Government National Mortgage Association issued a delivery order to V3Gate, LLC on August 31, 2025, under the GSA-administered Solutions for Enterprise Wide Procurement V (SEWP V) GWAC for an Oracle Unlimited Licensing Agreement to enable Ginnie Mae to continue and upgrade its infrastructure. The order carries a ceiling value of $29.5 million and is set aside for Total Small Business.

V3Gate is certified as both a Veteran-Owned Small Business and Service-Disabled Veteran-Owned Small Business. Place of performance is Colorado Springs, Colorado, with an ultimate completion date of August 30, 2028. The order is priced firm fixed price and provides Oracle licenses under a ULA structure to support Ginnie Mae's ongoing IT infrastructure needs.

Quick answers

Who was awarded contract 86615525F00008?

86615525F00008 was awarded to V3Gate, LLC by Government National Mortgage Association (Department of Housing and Urban Development) on August 31, 2025.

How much is contract 86615525F00008 worth?

The government has obligated $21,438,572 on 86615525F00008. Its potential value, with all options, is $29,517,858.

Is contract 86615525F00008 an order under another contract?

Yes. 86615525F00008 is a delivery order under NNG15SD27B, a government wide acquisition contract (GWAC), on Solutions for Enterprise Wide Procurement V (SEWP V).

Was contract 86615525F00008 competed?

The extent of competition for 86615525F00008 was full and open competition after exclusion of sources. The government received 2 offers. It was set aside: Total Small Business.

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