86615619C00007
Definitive Contract
Overview
Government Description
SINGLE FAMILY MASTER SUBSERVICER SERVICES IN SUPPORT OF GINNIE MAE'S MORTGAGE-BACKED SECURITIES (MBS) PROGRAMS.
Alternate Description
HOUSE
Awardee
Awarding Agency
Funding Agency
Place of Performance
Anaheim, CA 92806 United States
Pricing
Time And Materials
Set Aside
None
Extent Competed
Not Competed
Est. Average FTE
477
Related Opportunity
None
Analysis Notes
Amendment Since initial award the Potential End Date has been extended from 08/09/22 to 08/09/23.
Sole Source This Definitive Contract was awarded sole source to Carrington Mortgage Services because the government believes that only one company can provide the product / service (FAR 6.302-1).
Predecessor This appears to be a continuation of a prior contract DU100G14C01.
Subcontracting Plan This Definitive Contract has an Individual Subcontract Plan. The Department of Housing and Urban Development has an overall small business subcontracting goal of 28%
Sole Source This Definitive Contract was awarded sole source to Carrington Mortgage Services because the government believes that only one company can provide the product / service (FAR 6.302-1).
Predecessor This appears to be a continuation of a prior contract DU100G14C01.
Subcontracting Plan This Definitive Contract has an Individual Subcontract Plan. The Department of Housing and Urban Development has an overall small business subcontracting goal of 28%
Carrington Mortgage Services was awarded
Definitive Contract 86615619C00007 (866156-19-C-00007)
for Single Family Master Subservicer Services In Support Of Ginnie Mae'S Mortgage-Backed Securities (MBS) Programs.
worth up to $291,649,409
by Government National Mortgage Association
in August 2019.
The contract
has a duration of 4 years and
was awarded
full & open
with
NAICS 523110 and
PSC R408
via sole source acquisition procedures with 1 bid received.
Status
(Closed)
Last Modified 3/18/25
Period of Performance
8/10/19
Start Date
8/9/23
Current End Date
8/9/23
Potential End Date
Obligations
$291.6M
Total Obligated
$291.6M
Current Award
$291.6M
Potential Award
Award Hierarchy
Definitive Contract
86615619C00007
Subcontracts
Activity Timeline
Subcontract Awards
Disclosed subcontracts for 86615619C00007
Transaction History
Modifications to 86615619C00007
People
Suggested agency contacts for 86615619C00007
Competition
Number of Bidders
1
Solicitation Procedures
Sole Source
Other Than Full and Open Competition
Only One Source - Other
Evaluated Preference
None
Performance Based Acquisition
Yes
Commercial Item Acquisition
Commercial Item
Simplified Procedures for Commercial Items
No
Other Categorizations
Subcontracting Plan
Individual Subcontract Plan
Cost Accounting Standards
Exempt
Business Size Determination
Large Business
Awardee UEI
F4MUQB9W8KS9
Awardee CAGE
6EL69
Agency Detail
Awarding Office
866156 CPO : FHA HOUSING SUPPORT DIVISION
Funding Office
866489
Created By
joseph.b.camak@hud.gov
Last Modified By
clredding
Approved By
clredding
Legislative
Legislative Mandates
None Applicable
Performance District
CA-46
Senators
Dianne Feinstein
Alejandro Padilla
Alejandro Padilla
Representative
J. Correa
Budget Funding
| Federal Account | Budget Subfunction | Object Class | Total | Percentage |
|---|---|---|---|---|
| Guarantees of Mortgage-Backed Securities Loan Guarantees, Program Account, Government National Mortgage Association, Housing and Urban Development (086-0186) | Mortgage credit | Advisory and assistance services (25.1) | $429,389,306 | 100% |
Modified: 3/18/25