The federal contract IDV is an Indefinite Delivery Contract awarded by the U.S. Department of Agriculture Rural Housing Service (RHS) to Information Systems & Networks Corporation, a Subchapter S Corporation owned by Subcontinent Asian Americans. The contract, valued at up to $1 billion, is for Nationwide Default Management Services (NDMS) to include foreclosure/legal, appraisal, real estate owned disposition, and property preservation services.
Two task orders have been issued under this IDIQ contract. The first is a $208,565,579.03 firm-fixed price delivery order for nationwide post-acceleration default, property preservation, and real estate-owned services for the RHS Single Family Direct Loan Portfolio. The second is a $250,000 firm-fixed price delivery order for NDMS implementation services. Both task orders have a period of performance through February 26, 2033 and do not utilize any set-asides. The services are to be performed primarily in Westlake, Maryland.
Generated 6/15/24, 9:13 AM