In accordance with executive order 14240, eliminating waste and saving taxpayer dollars by consolidating procurement, this award is being administratively transferred from HUD to GSA. All terms and…
Active Blanket Purchase Agreement Awarded Last action
- Contract number
- 86614623A00002
- Awardee
-
Equifax Information Services LLC UEI QQVBJS2KY283
- Awarding agency
-
Federal Acquisition Service
General Services Administration
- Task orders
- 1 $259,250 obligated
Award facts
- Opportunity
-
- Notice of Intent to Sole Source to Credit Bureaus - EQUIFAX Pre-Solicitation · 86614623Q00015 · Posted May 6, 2023
- Combined order value
- $259,250 Current and potential, with all options
- Last date to order 66% complete
- IDV ceiling 3% used
- $7,500,000.00
- Award type
- Single award
- Who can order
- Only the awarding agency
- Funding agency
- Assistant Secretary for Policy Development and Research Department of Housing and Urban Development
- NAICS code
- 561450 Credit Bureaus
- Set-aside
- No set-aside
- Pricing
- Order Dependent (IDV only)
- Legislative mandates
-
- Employment Eligibility Verification (E-Verify) FAR subpart 22.18
- Service Contract Inventory FAR subpart 4.17
Award details come from SAM.gov/FPDS.
About this IDV
The Department of Housing and Urban Development awarded a $7.5 million blanket purchase agreement to Equifax Information Services LLC for credit bureau services. Task Order 1 under this agreement awarded Equifax $259,250 for credit reporting and related services from September 30, 2023 through October 29, 2023 to be performed in Atlanta, Georgia. The blanket purchase agreement and original solicitation aimed to procure access to raw archived credit data maintained by Equifax and the two other major credit bureaus over five years. This historical credit data corresponds to the Federal Housing Administration's TOTAL Mortgage Scorecard algorithm used to underwrite mortgages submitted for FHA mortgage insurance. The data will be used to evaluate scorecard performance, update the scorecard methodology, and assess changes to FHA's insurance risk distribution. The agreement and solicitations were awarded non-competitively based on the credit bureaus being the only sources able to provide the necessary depersonalized historical credit data for the FHA's scoring model.
Description
In accordance with executive order 14240, eliminating waste and saving taxpayer dollars by consolidating procurement, this award is being administratively transferred from HUD to GSA. All terms and conditions of the award remain unchanged.
Task orders
| Task order | Ordering agency | Obligated | Awarded |
|---|---|---|---|
| TO1 - credit bureau equifax | Fort Worth Regional Office | $259,250 |
Transactions
| Action | Obligated | Date |
|---|---|---|
| Transfer Action | $0 | |
| Supplemental Agreement for work within scope | $0 | |
| Original award | $0 |
Quick answers
Who was awarded contract 86614623A00002?
86614623A00002 was awarded to Equifax Information Services LLC by Federal Acquisition Service (General Services Administration) on June 30, 2023.
How much is contract 86614623A00002 worth?
Orders under 86614623A00002 have obligated $259,250. 86614623A00002's own ceiling is $7,500,000.
How many orders have been placed under contract 86614623A00002?
1 order has been placed under 86614623A00002, the latest on September 30, 2023.
Which agency awarded contract 86614623A00002?
Federal Acquisition Service (General Services Administration) awarded 86614623A00002, with funding from Assistant Secretary for Policy Development and Research (Department of Housing and Urban Development).
Who can order from contract 86614623A00002?
86614623A00002 is a single award blanket purchase agreement. Only the awarding agency can place orders on it.
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