The Nationwide Default Management Services (NDMS) Indefinite Delivery/Indefinite Quantity (IDIQ) contract is a federal contract vehicle focused on providing comprehensive property management and default-related services for residential real estate portfolios. The contract encompasses a wide range of services including foreclosure management, legal support, appraisal services, real estate owned (REO) disposition, and property preservation. With a shared ceiling value of $1 billion and an ordering period extending through February 26, 2033, the vehicle enables federal agencies to procure specialized default management services through pre-qualified contractors.
The NDMS IDIQ has been primarily utilized by the United States Department of Agriculture's Rural Housing Service, with two prime contractors consistently winning significant task orders: Information Systems & Networks Corporation and Dawson's Realty & Mortgages, Inc. Task orders under this vehicle range from small implementation contracts of $250,000 to substantial service delivery orders exceeding $200 million, typically structured as firm-fixed-price or time-and-materials contracts. The most substantial task orders focus on nationwide post-acceleration default services, property preservation, and REO management for single-family direct loan portfolios. None of the current task orders utilize small business set-aside designations, and performance locations appear to span multiple states, with specific mentions of locations in Georgia, Maryland, and Missouri.