Ginnie Mae Modeling Research Contract Awarded to Guidehouse Inc. for $15.4M
Contract Overview
Contract Amount: $15,409,224 ($15.4M)
Contractor: Guidehouse Inc.
Awarding Agency: General Services Administration
Start Date: 2020-12-11
End Date: 2025-12-10
Contract Duration: 1,825 days
Daily Burn Rate: $8.4K/day
Competition Type: FULL AND OPEN COMPETITION
Number of Offers Received: 5
Pricing Type: FIRM FIXED PRICE
Sector: Other
Official Description: GINNIE MAE MODELING RESEARCH
Place of Performance
Location: WASHINGTON, DISTRICT OF COLUMBIA County, DISTRICT OF COLUMBIA, 20024
Plain-Language Summary
General Services Administration obligated $15.4 million to GUIDEHOUSE INC. for work described as: GINNIE MAE MODELING RESEARCH Key points: 1. Contract awarded to Guidehouse Inc. for $15.4 million. 2. Service category is Administrative Management and General Management Consulting Services. 3. Full and open competition was utilized. 4. Contract duration is 5 years, ending December 10, 2025. 5. No small business participation noted.
Value Assessment
Rating: good
The contract value of $15.4 million over five years appears reasonable for specialized modeling research. Benchmarking against similar consulting contracts for complex financial modeling and analysis would provide a more precise assessment.
Cost Per Unit: N/A
Competition Analysis
Competition Level: full-and-open
The use of full and open competition suggests a robust process for selecting a vendor. This method typically drives competitive pricing and ensures access to a wide range of qualified contractors.
Taxpayer Impact: Taxpayer funds are being used for essential modeling research to support Ginnie Mae's operations, aiming for efficient and effective financial management.
Public Impact
Supports Ginnie Mae's critical financial modeling and research functions. Ensures access to expert consulting services for complex analysis. Potential for improved financial risk management and operational efficiency. Contract duration allows for sustained support and development.
Waste & Efficiency Indicators
Waste Risk Score: 84 / 10
Warning Flags
- Lack of small business participation.
- Potential for scope creep in long-term consulting contracts.
Positive Signals
- Full and open competition utilized.
- Clear contract duration and end date.
- Firm fixed price contract type.
Sector Analysis
This contract falls within the professional services sector, specifically management consulting. Spending in this area is common across federal agencies for specialized expertise not available in-house. Benchmarks for similar contracts vary widely based on complexity and duration.
Small Business Impact
The data indicates no small business participation in this contract. Agencies should actively seek opportunities to include small businesses in contracting, especially in service categories where they possess relevant expertise.
Oversight & Accountability
The General Services Administration (GSA) is overseeing this contract through its Federal Acquisition Service. GSA's role is to ensure efficient and effective procurement practices, providing oversight for contracts awarded under its purview.
Related Government Programs
- Administrative Management and General Management Consulting Services
- General Services Administration Contracting
- Federal Acquisition Service Programs
Risk Flags
- No small business participation.
- Long contract duration may pose risks if needs change significantly.
- Reliance on external consultants for critical modeling functions.
- Potential for cost overruns if scope is not tightly managed.
Tags
administrative-management-and-general-ma, general-services-administration, dc, delivery-order, 10m-plus
Frequently Asked Questions
What is this federal contract paying for?
General Services Administration awarded $15.4 million to GUIDEHOUSE INC.. GINNIE MAE MODELING RESEARCH
Who is the contractor on this award?
The obligated recipient is GUIDEHOUSE INC..
Which agency awarded this contract?
Awarding agency: General Services Administration (Federal Acquisition Service).
What is the total obligated amount?
The obligated amount is $15.4 million.
What is the period of performance?
Start: 2020-12-11. End: 2025-12-10.
What specific modeling capabilities does Guidehouse Inc. bring to Ginnie Mae, and how do these align with Ginnie Mae's strategic objectives?
Guidehouse Inc. likely provides expertise in financial modeling, risk analysis, and data analytics. These capabilities are crucial for Ginnie Mae's mission of supporting the housing market through securitization. The alignment would involve using these models to assess market trends, manage financial risks, and optimize operational strategies, ultimately contributing to the stability and efficiency of the mortgage-backed securities market.
What are the key performance indicators (KPIs) for this contract, and how will their achievement be measured to ensure value for money?
Key performance indicators would likely focus on the accuracy and timeliness of model development and analysis, the clarity of research reports, and the actionable insights provided. Measurement would involve regular reviews of deliverables against predefined standards, stakeholder feedback from Ginnie Mae program managers, and potentially independent validation of model outputs. Success would be demonstrated by improved decision-making and risk mitigation stemming from the research.
How will Ginnie Mae ensure that the consulting services provided remain relevant and adapt to evolving market conditions and regulatory changes over the five-year contract period?
Ginnie Mae can ensure relevance through regular contract performance reviews, incorporating clauses for adaptive work, and maintaining open communication channels with Guidehouse Inc. This includes requiring periodic updates on market trends and regulatory shifts, and potentially adjusting the scope of work or research focus as needed. Proactive engagement and a collaborative approach will be key to adapting the modeling research to the dynamic financial landscape.
Industry Classification
NAICS: Professional, Scientific, and Technical Services › Management, Scientific, and Technical Consulting Services › Administrative Management and General Management Consulting Services
Product/Service Code: SUPPORT SVCS (PROF, ADMIN, MGMT) › MANAGEMENT SUPPORT SERVICES
Competition & Pricing
Extent Competed: FULL AND OPEN COMPETITION
Solicitation Procedures: SUBJECT TO MULTIPLE AWARD FAIR OPPORTUNITY
Offers Received: 5
Pricing Type: FIRM FIXED PRICE (J)
Evaluated Preference: NONE
Contractor Details
Parent Company: Peraton Technology Services Inc.
Address: 1676 INTERNATIONAL DR STE 800, MC LEAN, VA, 22102
Business Categories: Category Business, Corporate Entity Not Tax Exempt, Not Designated a Small Business, Special Designations, U.S.-Owned Business
Financial Breakdown
Contract Ceiling: $16,593,228
Exercised Options: $15,409,224
Current Obligation: $15,409,224
Actual Outlays: $212,133
Contract Characteristics
Commercial Item: COMMERCIAL PRODUCTS/SERVICES
Parent Contract
Parent Award PIID: GS00F045DA
IDV Type: FSS
Timeline
Start Date: 2020-12-11
Current End Date: 2025-12-10
Potential End Date: 2026-06-10 00:00:00
Last Modified: 2025-12-09
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