86614922C00004
Definitive Contract
Overview
Government Description
NATIONAL SERVICING CENTER LOAN SERVICING
Awardee
Awarding Agency
Funding Agency
Place of Performance
Edmond, OK 73012 United States
Pricing
Fixed Price
Set Aside
None
Extent Competed
Not Competed
Related Opportunity
Analysis Notes
Amendment Since initial award the Potential End Date has been extended from 10/17/22 to 12/11/22 and the Potential Award value has increased 25% from $17,543,719 to $22,009,350.
Sole Source This Definitive Contract was awarded sole source to Novad Management Consulting because the government believes that only one company can provide the product / service (FAR 6.302-1).
Sole Source This Definitive Contract was awarded sole source to Novad Management Consulting because the government believes that only one company can provide the product / service (FAR 6.302-1).
Novad Management Consulting was awarded
Definitive Contract 86614922C00004 (866149-22-C-00004)
for National Servicing Center Loan Servicing
worth up to $22,009,350
by the Housing Office of Single Family Housing
in April 2022.
The contract
has a duration of 8 months and
was awarded
through solicitation Intent to Award a Sole Source Contract
full & open
with
NAICS 522390 and
PSC R408
via sole source acquisition procedures with 1 bid received.
Status
(Complete)
Last Modified 9/23/22
Period of Performance
4/15/22
Start Date
12/11/22
Current End Date
12/11/22
Potential End Date
Obligations
$22.0M
Total Obligated
$22.0M
Current Award
$22.0M
Potential Award
Award Hierarchy
Definitive Contract
86614922C00004
Subcontracts
Activity Timeline
Opportunity Lifecycle
Procurement history for 86614922C00004
Transaction History
Modifications to 86614922C00004
People
Suggested agency contacts for 86614922C00004
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
Plan Not Required
Cost Accounting Standards
Exempt
Business Size Determination
Large Business
Awardee UEI
DDZBCZ4K2DN3
Awardee CAGE
41XZ2
Agency Detail
Awarding Office
866149 CPO : CPO; ACFO; WFCOD; REAL ESTATE
Funding Office
866001
Created By
csstuart
Last Modified By
csstuart
Approved By
csstuart
Legislative
Legislative Mandates
None Applicable
Performance District
OK-05
Senators
James Lankford
Markwayne Mullin
Markwayne Mullin
Representative
Stephanie Bice
Budget Funding
| Federal Account | Budget Subfunction | Object Class | Total | Percentage |
|---|---|---|---|---|
| Mutual Mortgage Insurance Program Account, Federal Housing Administration, Housing and Urban Development (086-0183) | Mortgage credit | Advisory and assistance services (25.1) | $16,507,013 | 100% |
Modified: 9/23/22