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47QFDA21C0001

Definitive Contract

Overview

Government Description
Ginnie mae Mortgage Backed Securities Issuance and Bond Administration (MBSIBA) provides contractor services to support the government national mortgage association’s (GINNIE MAE) Mortgage Backed Securities (MBS) programs. Includes Pool Processing Agent and Central Paying and Transfer Agent (PPA/CPTA) services, platinum trustee and multiclass information agent services, infrastructure hosting and Operations And Maintenance (O&M) of ginnie mae systems and applications, enhancements and integrated software development, next generation support, transition services, and optional data center migration services. The scope also covers granting and managing access to ginnie mae applications, processing mortgage pool and loan information, delivering issued pools to the federal reserve for settlement, maintaining a central registry of securities, acting as collection and paying agent, providing a fedramp-compliant data center facility, implementing Disaster Recovery (DR) and continuity of operations (COOP) plans, supporting audits and compliance activities, program participant training, and maintaining records and archives. Additional work includes security monitoring and enhancement support, imaging, it consulting, and technology product reselling.
Place of Performance
Washington, DC 20024 United States
Pricing
Fixed Price
Set Aside
None
Extent Competed
Full And Open Competition
Est. Average FTE
481
Analysis Notes
Amendment Since initial award the Potential Award value has increased 103% from $428,655,065 to $871,413,391.
Subcontracting Plan This Definitive Contract has an Individual Subcontract Plan. The General Services Administration has an overall small business subcontracting goal of 21%
Bank Of New York Mellon (The) was awarded Definitive Contract 47QFDA21C0001 (47QFDA-21-C-0001) for Ginnie Mae Mortgage Backed Securities Issuance And Bond Administration (MBSIBA) worth up to $871,413,391 by Government National Mortgage Association in January 2020. The contract has a duration of 10 years and was awarded through solicitation Ginnie Mae Mortgage Backed Securities Issuance and Bond Administration (MBSIBA) full & open with NAICS 522110 and PSC R710 via direct negotiation acquisition procedures with 2 bids received. As of today, the Definitive Contract has a total reported backlog of $626,941,967 and funded backlog of $25,552,365.

Status
(Open)

Last Modified 4/30/26
Period of Performance
1/1/21
Start Date
6/30/26
Current End Date
12/31/30
Potential End Date
54.0% Complete

Obligations and Backlog
$244.5M
Total Obligated
$270.0M
Current Award
$871.4M
Potential Award
28% Funded
$25.6M
Funded Backlog
$626.9M
Total Backlog

Award Hierarchy

Definitive Contract

47QFDA21C0001

Subcontracts

-

Activity Timeline

Interactive chart of timeline of amendments to 47QFDA21C0001

Subcontract Awards

Disclosed subcontracts for 47QFDA21C0001

Opportunity Lifecycle

Procurement history for 47QFDA21C0001

Transaction History

Modifications to 47QFDA21C0001

People

Suggested agency contacts for 47QFDA21C0001

Competition

Number of Bidders
2
Solicitation Procedures
Negotiated Proposal/Quote
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
NPDVBNEAKQP7
Awardee CAGE
448Z7
Agency Detail
Awarding Office
47QFDA GSA FAS AAS REGION 11
Funding Office
866459
Created By
markisettles@gsa.gov
Last Modified By
markisettles@gsa.gov
Approved By
markisettles@gsa.gov

Legislative

Legislative Mandates
None Applicable
Performance District
DC-98

Budget Funding

Federal Account Budget Subfunction Object Class Total Percentage
Acquisition Services Fund, General Services Administration (047-4534) General property and records management Advisory and assistance services (25.1) $94,860,190 100%
Modified: 4/30/26