Covers the restoration of funds for ratification of legal foreclosure services received from fortuno & fortuno FAS, CSP, for the commonwealth of puerto rico.

Active Purchase Order Awarded Last action

Contract number
12RADA21P0170
Awardee
Awarding agency
Obligated
$318,718

Award facts

Contract value 100% obligated
$318,718.48 Current and potential, with all options
Completion date 73% complete
Current and potential, with all options
Contracting staff
Funding agency
Puerto Rico Office State Offices, Department of Agriculture
NAICS code
541110 Offices of Lawyers
Set-aside
Total Small Business
Competition
Competed under SAP · 1 offer Simplified Acquisition
Pricing
Firm Fixed Price
Place of performance
Añasco, 00610, Puerto Rico

Award details come from SAM.gov/FPDS.

Transactions

Action Obligated Date
Other Administrative Action P00007 · Change the contracting officer from marisol olivera to eric peterson. $0
Supplemental Agreement for work within scope P00006 · Bilateral modification to decrease total amounts of completed and closed foreclosure accounts. -$55,387
Funding Only Action P00005 · Bilateral modification to increase line items amount and add additional funding to continue the foreclosure action. $72,000
Funding Only Action P00004 · Bilateral modification to reduce the total amounts on the foreclosures that have been completed and to add additional funding. $7,553
Supplemental Agreement for work within scope P00003 · Bilateral modification to extend the period of performance due to imposed foreclosure moratorium for covid-19. $0
Funding Only Action P00002 · Bilateral modification to terminate 12 foreclosure accounts and decrease the award amount of 3 foreclosure accounts. -$98,038
Other Administrative Action P00001 · Modification to correct line item 0007 borrowers account number. $0
Original award $392,590

About this award

Written by GovTribe AI ·

This federal contract award is for the restoration of funds related to the ratification of legal foreclosure services provided by Fortuno & Fortuno Fas, CSP (Fortuno & Fortuno) for the Commonwealth of Puerto Rico. The contract, issued by the Department of Agriculture Rural Housing Service Puerto Rico Office, is a firm fixed price purchase order with a total small business set aside designation. The potential value of the contract is $318,718.48 and the period of performance extends through September 30, 2028. Fortuno & Fortuno, a minority-owned, for-profit organization, is the prime contractor responsible for providing specialized legal services to the federal government, including cancelling and replacing lost promissory notes, preparing property transfer deeds, and pursuing private debt collection on behalf of federal agencies, particularly in support of rural housing loan and foreclosure activities in Puerto Rico.

Quick answers

Who was awarded contract 12RADA21P0170?

12RADA21P0170 was awarded to Fortuno & Fortuno Fas CSP by Washington Office (Rural Housing Service) on August 10, 2021.

How much is contract 12RADA21P0170 worth?

The government has obligated $318,718 on 12RADA21P0170.

Which agency awarded contract 12RADA21P0170?

Washington Office (Rural Housing Service) awarded 12RADA21P0170, with funding from Puerto Rico Office (State Offices).

Was contract 12RADA21P0170 competed?

The extent of competition for 12RADA21P0170 was competed under sap. The government received 1 offer. It was set aside: Total Small Business.

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