Purchase Order 86615625P00004
- Not listed
- The Department of Housing and Urban Development (HUD) awarded a Firm Fixed Price definitive contract to Ibis Software Corporation for the HECM (Home Equity Conversion Mortgage) Reverse Mortgage Tool for the DAS (Deputy Assistant Secretary) Office of Housing Counseling. The $810,444.00 contract was awarded on May 4, 2017 with a completion date of September 30, 2022. The contract does not have a set-aside designation. Ibis Software Corporation, a for-profit Subchapter S Corporation, is the prime...
- The Department of Housing and Urban Development (HUD) awarded a firm-fixed price contract to Ibis Software Corporation for the HECM Loan Comparison and Underwriting Tool (HLCUT) project. The total potential value of the contract is $1,856,415.78 and the period of performance ends on September 29, 2024. The contract was awarded under a total small business set-aside, and the HLCUT will provide online tools for housing counselors to compare and underwrite various types of Home Equity Conversion...
- The Department of Housing and Urban Development awarded a $1.859 million definitive contract to Reverse Market Insight, Inc. for the HECM Loan Comparison and Underwriting Tool (HLCUT) on September 30, 2024, under a total small business set-aside. Reverse Market Insight, Inc. is a minority-owned, SBA-certified 8(a) small disadvantaged business. Place of performance is Alameda, CA. The originating solicitation, posted June 20, 2024, seeks development and maintenance of the HLCUT to provide...
- The U.S. Department of Housing and Urban Development (HUD), through its Office of the Chief Information Officer, awarded a $27.3 million firm fixed-price definitive contract to Reverse Market Insight, Inc. for Home Equity Conversion Mortgage (HECM) Business Service Provider support. The award, issued on September 30, 2024, extends through September 29, 2026, and will be performed in Monarch Bay, California. As an SBA-certified 8(a) minority-owned small disadvantaged business, Reverse Market...
- The U.S. Department of Housing and Urban Development (HUD) awarded a $1,631,901.24 firm-fixed-price purchase order to Ibis Software Corporation, a small business, to provide an online Client Budget and Resource Identity Tool (CBRIT) for Home Equity Conversion Mortgage (HECM) program counselors. The CBRIT will allow HECM counselors to securely access clients' financial, lifestyle, and health information to generate household budgets. The tool must be Section 508-compliant and meet HECM program...
- This is a $40,716,465.31 firm fixed price definitive contract awarded by the Department of Housing and Urban Development (HUD) to Reverse Market Insight, Inc., a minority-owned, self-certified small disadvantaged business and SBA-certified 8(a) firm. The contract is for HECM/Business Service Provider (BSP) administration and oversight support services for HUD's Home Equity Conversion Mortgage (HECM) reverse mortgage program. This is a set-aside contract for small businesses. Reverse Market...
- The Department of Housing and Urban Development (HUD) has awarded a $12,477,869.00 firm fixed price contract for HOME EQUITY CONVERSION MORTGAGE (HECM)/BUSINESS SERVICE PROVIDER (BSP) administration and oversight support services to Reverse Market Insight, Inc. (doing business as Reverse Market Insight In), a small disadvantaged business certified under the SBA 8(a) program. This contract, which does not have a set-aside designation, will provide services to support HUD's HECM reverse mortgage...
- The Department of Housing and Urban Development Office of the Chief Financial Officer awarded a definitive contract valued at $15,230,610.82 to Reverse Market Insight, Inc. doing business as Reverse Market Insight In for HOME EQUITY CONVERSION MORTGAGE (Home Equity Conversion Mortgage)/BUSINESS SERVICE PROVIDER (Business Service Provider) services. The contract has a period of performance from March 30, 2022 through September 29, 2023 and utilizes a firm fixed price contract type. The place of...
- This definitive contract award to SP Technologies, LLC (doing business as SP Group LLC) provides $654,081.36 in firm fixed-price funding from the U.S. Department of Housing and Urban Development (HUD) for a comprehensive analysis of the Federal Housing Administration's (FHA) Home Equity Conversion Mortgage (HECM) program. The contract, awarded on September 30, 2020 under an 8(a) sole source set-aside, requires the woman-owned, minority-owned small business to examine the HECM program's...
- This contract was awarded to Reverse Market Insight, Inc. (RMI), a minority-owned, self-certified small disadvantaged business and SBA-certified 8(a) firm, by the U.S. Department of Housing and Urban Development (HUD). The contract, valued at $14,164,230.23, is a definitive, firm fixed price contract for HECM/Business Service Provider (BSP) administration and oversight support services for HUD's Home Equity Conversion Mortgage (HECM) reverse mortgage program. RMI has previously served as a...
The Federal Housing Administration (FHA) awarded a firm fixed-price purchase order to Ibis Software Corporation for the development of a Home Equity Conversion Mortgage (HECM) Loan Comparison and Underwriting Tool. The contract, valued at $32,795.86, was awarded on November 6, 2024, with an ultimate completion date of November 7, 2024. The work will be performed in Alameda, California, and no set-aside designation was applied to this procurement. This tool is intended to support FHA's HECM program, which provides reverse mortgage options for eligible homeowners age 62 and older, by streamlining the loan comparison and underwriting processes. The HECM Loan Comparison and Underwriting Tool represents a targeted investment in modernizing FHA's reverse mortgage operations. Ibis Software Corporation, the prime contractor on this engagement, will deliver technology solutions designed to enhance efficiency and consistency in evaluating and processing HECM loans. The compressed timeline—with award and completion occurring within a single day—suggests this may address an immediate operational need or represent the final phase of a larger development initiative. This procurement was funded by the Federal Housing Administration Support program within the Department of Housing and Urban Development's civilian portfolio.
Mod # | Description | ReasonForModification | Federal Obligation | Date |
|---|---|---|---|---|
| Not listed | Not listed | $32.8k | 11/7/24 |