Regulatory technology support services
Active Awarded Last action
- Contract number
- 9531CB23A0007
- Awardee
-
Raft LLC UEI M9ALV9LKVDC3
- Awarding agency
-
Consumer Financial Protection Bureau
- Task orders
- 4 $18,741,608 obligated
Award facts
- Opportunity
-
- 9531CB23Q0009 Solicitation number
- Combined order value
- $20,443,037 Current and potential, with all options
- Last date to order 95% complete
- IDV ceiling 19% used
- $100,000,000.00
- Maximum order
- $100,000,000.00
- Award type
- Single award
- Who can order
- Only the awarding agency
- Contracting staff
- NAICS code
- 541511 Custom Computer Programming Services
- Set-aside
- Competitive 8(a)
- Competition
- Full and Open Competition · 3 offers Multiple Award, Fair Opportunity
- Pricing
- Order Dependent (IDV only)
- Legislative mandates
-
- Clinger-Cohen Act FAR part 39
Award details come from SAM.gov/FPDS.
About this IDV
Raft LLC, doing business as Healthstar Informatics, was awarded a $100 million single-award Blanket Purchase Agreement by the Consumer Financial Protection Bureau on January 7, 2023, under a Competitive 8(a) set-aside designation. The ultimate completion date is January 6, 2027. The BPA covers Regulatory Technology Support Services and provides the CFPB with an indefinite delivery vehicle to rapidly issue task orders for technology solutions supporting the bureau's regulatory oversight and consumer protection mission. Raft LLC, an Economically Disadvantaged Women-Owned Small Business certified under the SBA 8(a) program, performs work primarily at its locations in Herndon and Reston, Virginia, utilizing labor-hours pricing structures across all delivery orders. As a certified women-owned small business, the contractor brings specialized expertise in digital consulting, software development, data analytics, cloud computing, and DevSecOps solutions tailored to federal regulatory and compliance requirements.
Under this BPA vehicle, the CFPB has exercised multiple task orders totaling approximately $20.6 million across distinct regulatory technology initiatives. These include a $1.43 million delivery order for Home Mortgage Disclosure Act support services awarded February 22, 2023 (closing February 21, 2026), a $3.1 million Home Mortgage Disclosure Act Q2 funding addition awarded November 1, 2023 (closing October 31, 2026), a $4.0 million Regulatory Technology Support Services task order awarded September 16, 2023 (closing September 15, 2026), and a $12.0 million Small Business Lending support services order awarded February 10, 2023 (closing February 9, 2026). These task orders support the CFPB's efforts to modernize technology infrastructure, enhance regulatory compliance capabilities, and strengthen consumer protection oversight across mortgage disclosure and small business lending programs. All work is performed under the General Services Administration Multiple Award Schedule contract vehicle with labor-hours compensation arrangements.
Task orders
| Task order | Ordering agency | Obligated | Awarded |
|---|---|---|---|
| Hmda | Consumer Financial Protection Bureau | $3,018,250 | |
| Regulatory technology support services | Consumer Financial Protection Bureau | $3,966,752 | |
| Regulatory technology support services (HMDA) | Consumer Financial Protection Bureau | -$265,140 | |
| Small business lending | Consumer Financial Protection Bureau | $12,021,747 |
Transactions
| Action | Obligated | Date |
|---|---|---|
| Exercise an Option | $0 | |
| Exercise an Option | $0 | |
| Exercise an Option | $0 | |
| Original award | $0 |
Quick answers
Who was awarded contract 9531CB23A0007?
9531CB23A0007 was awarded to Raft LLC by Consumer Financial Protection Bureau on January 7, 2023.
How much is contract 9531CB23A0007 worth?
Orders under 9531CB23A0007 have obligated $18,741,608. Their combined current value, with exercised options, is $20,443,037. 9531CB23A0007's own ceiling is $100,000,000. A single order can be worth up to $100,000,000.
How many orders have been placed under contract 9531CB23A0007?
4 orders have been placed under 9531CB23A0007, the latest on November 1, 2023.
Who can order from contract 9531CB23A0007?
9531CB23A0007 is a single award blanket purchase agreement. Only the awarding agency can place orders on it.
Is contract 9531CB23A0007 under another contract?
Yes. 9531CB23A0007 is a blanket purchase agreement under 47QTCA18D003V, a federal supply schedule, on Multiple Award Schedule (MAS).
Was contract 9531CB23A0007 competed?
The extent of competition for 9531CB23A0007 was full and open competition. The government received 3 offers. It was set aside: Competitive 8(a).
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