HUD Awards $9.5M for GNMA Hardware/Software Maintenance to MicroTechnologies LLC

Contract Overview

Contract Amount: $9,511,697 ($9.5M)

Contractor: Microtechnologies LLC

Awarding Agency: Department of Housing and Urban Development

Start Date: 2025-02-17

End Date: 2027-02-16

Contract Duration: 729 days

Daily Burn Rate: $13.0K/day

Competition Type: FULL AND OPEN COMPETITION

Number of Offers Received: 2

Pricing Type: FIRM FIXED PRICE

Sector: IT

Official Description: GNMA HARDWARE AND SOFTWARE MAINTENANCE SERVICES RECOMPETE

Place of Performance

Location: VIENNA, FAIRFAX County, VIRGINIA, 22182

State: Virginia Government Spending

Plain-Language Summary

Department of Housing and Urban Development obligated $9.5 million to MICROTECHNOLOGIES LLC for work described as: GNMA HARDWARE AND SOFTWARE MAINTENANCE SERVICES RECOMPETE Key points: 1. Contract value of $9.5M over two years. 2. MicroTechnologies LLC is the incumbent contractor. 3. Full and open competition was utilized. 4. The sector is IT hardware and software maintenance.

Value Assessment

Rating: good

The contract value of $9.5M for two years of hardware and software maintenance appears reasonable given the scope. Benchmarking against similar IT maintenance contracts would provide a more precise assessment.

Cost Per Unit: N/A

Competition Analysis

Competition Level: full-and-open

The contract was awarded under full and open competition, suggesting a robust process for price discovery. This method generally leads to competitive pricing.

Taxpayer Impact: The competitive award process aims to ensure taxpayer funds are used efficiently for necessary IT maintenance services.

Public Impact

Ensures continued operation of critical GNMA systems. Supports housing finance infrastructure through reliable IT. Maintains essential software and hardware for HUD operations.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

Positive Signals

Sector Analysis

This contract falls within the IT services sector, specifically focusing on hardware and software maintenance. Spending benchmarks for similar IT maintenance contracts vary widely based on system complexity and service level agreements.

Small Business Impact

The data indicates that neither MicroTechnologies LLC nor the contract itself are specifically designated for small business participation. Further analysis would be needed to determine if small businesses were involved as subcontractors.

Oversight & Accountability

The contract was awarded by the Department of Housing and Urban Development (HUD) under full and open competition, suggesting adherence to procurement regulations. Oversight will be crucial to ensure service delivery meets requirements.

Related Government Programs

Risk Flags

Tags

electronic-computer-manufacturing, department-of-housing-and-urban-developm, va, delivery-order, 1m-plus

Frequently Asked Questions

What is this federal contract paying for?

Department of Housing and Urban Development awarded $9.5 million to MICROTECHNOLOGIES LLC. GNMA HARDWARE AND SOFTWARE MAINTENANCE SERVICES RECOMPETE

Who is the contractor on this award?

The obligated recipient is MICROTECHNOLOGIES LLC.

Which agency awarded this contract?

Awarding agency: Department of Housing and Urban Development (Department of Housing and Urban Development).

What is the total obligated amount?

The obligated amount is $9.5 million.

What is the period of performance?

Start: 2025-02-17. End: 2027-02-16.

What is the specific scope of 'GNMA HARDWARE AND SOFTWARE MAINTENANCE SERVICES' and how does it align with HUD's mission?

The services likely encompass maintaining the hardware and software infrastructure supporting the Government National Mortgage Association (GNMA). This is crucial for the stability and efficiency of the U.S. housing finance system, enabling mortgage-backed securities and supporting market liquidity, directly aligning with HUD's broader mission of creating strong, sustainable communities.

What are the potential risks associated with relying on MicroTechnologies LLC for this critical IT maintenance?

Key risks include potential over-reliance leading to reduced bargaining power in future contracts, the possibility of knowledge silos if MicroTechnologies holds unique expertise, and the inherent risk of service disruptions if the contractor fails to perform adequately. Ensuring robust performance metrics and contingency plans is vital.

How effectively does the 'full and open competition' ensure value for taxpayer money in this IT maintenance contract?

Full and open competition is designed to maximize the number of potential bidders, fostering a competitive environment that should drive down prices and improve service quality. This process increases the likelihood that HUD secures the best value for taxpayer funds by selecting the most capable and cost-effective solution.

Industry Classification

NAICS: ManufacturingComputer and Peripheral Equipment ManufacturingElectronic Computer Manufacturing

Product/Service Code: SUPPORT SVCS (PROF, ADMIN, MGMT)PROFESSIONAL SERVICES

Competition & Pricing

Extent Competed: FULL AND OPEN COMPETITION

Solicitation Procedures: SUBJECT TO MULTIPLE AWARD FAIR OPPORTUNITY

Solicitation ID: 86615524Q00011

Offers Received: 2

Pricing Type: FIRM FIXED PRICE (J)

Evaluated Preference: NONE

Contractor Details

Address: 220 CONGRESS PARK DR STE 138, DELRAY BEACH, FL, 33445

Business Categories: Category Business, Corporate Entity Not Tax Exempt, Hispanic American Owned Business, Limited Liability Corporation, Minority Owned Business, Service Disabled Veteran Owned Business, Small Business, Special Designations, U.S.-Owned Business, Veteran Owned Business

Financial Breakdown

Contract Ceiling: $24,366,590

Exercised Options: $9,511,697

Current Obligation: $9,511,697

Actual Outlays: $669,147

Contract Characteristics

Commercial Item: COMMERCIAL PRODUCTS/SERVICES

Cost or Pricing Data: NO

Parent Contract

Parent Award PIID: 47QTCA21D000N

IDV Type: FSS

Timeline

Start Date: 2025-02-17

Current End Date: 2027-02-16

Potential End Date: 2031-02-16 00:00:00

Last Modified: 2025-12-31

More Contracts from Microtechnologies LLC

View all Microtechnologies LLC federal contracts →

Other Department of Housing and Urban Development Contracts

View all Department of Housing and Urban Development contracts →

Explore Related Government Spending