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Department of Housing and Urban Development Awarded a Contract to FALCON CAPITAL ADVISORS LLC for $21,064,347.53

Signed on

12/15/2023, 12:00 AM

FALCON CAPITAL ADVISORS LLC Government Contract #47QFDA24F0003

FALCON CAPITAL ADVISORS LLC was awarded a contract with the United States Government for $21,064,347.53. The contract was awarded by the agency office GSA FAS AAS REGION 11, which is a division with the Federal Acquisition Service within the General Services Administration.

Summary of Award

The recipient of the federal contract is Falcon Capital Advisors LLC, which is a small disadvantaged business providing management and accounting support services. The contract, funded by the Department of Housing and Urban Development, is for Ginnie Mae business solutions and next-generation support worth $21,064,347.53. Notable transactions include a significant payment of $4,438,320 towards the contract and several other adjustments and payments.

Contract Details

Contract ID47QFDA24F0003
Contract TypeC
Total Obligation$6,976,520.53
Exercised Options$6,976,520.53
Base Amount + Options$21,064,347.53
Date Signed2023-12-15
Contract DescriptionGINNIE MAE BUSINESS SOLUTIONS AND NEXT GENERATION SUPPORT
Start Date2023-12-18
End Date2025-12-17

Agency Details

Awarding AgencyGeneral Services Administration
Awarding Sub AgencyFederal Acquisition Service
Awarding OfficeGSA FAS AAS REGION 11
Funding AgencyDepartment of Housing and Urban Development
Funding Sub AgencyDepartment of Housing and Urban Development
Funding OfficeGNMA : GOVT NATL MORTGAGE ASSN

Recipient Details

RecipientFALCON CAPITAL ADVISORS LLC
Recipient Location427 N LEE ST ALEXANDRIA VIRGINIA, UNITED STATES
Business Categories8(a) Program Participant, Category Business, Corporate Entity Not Tax Exempt, Hispanic American Owned Business, Limited Liability Corporation, Minority Owned Business, Self-Certified Small Disadvantaged Business, Small Business, Special Designations, U.S.-Owned Business

Comments

Award Transactions

Transaction #P00005 | $-1,011,612.00July 31, 2025

Department of Housing and Urban Development, a sub agency of Department of Housing and Urban Development, issued a payment of $-1,011,612.00 to FALCON CAPITAL ADVISORS LLC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00004 | $-780,339.47March 24, 2025

Department of Housing and Urban Development, a sub agency of Department of Housing and Urban Development, issued a payment of $-780,339.47 to FALCON CAPITAL ADVISORS LLC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00003 | $0.00February 18, 2025

Department of Housing and Urban Development, a sub agency of Department of Housing and Urban Development, issued a payment of $0.00 to FALCON CAPITAL ADVISORS LLC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00002 | $4,438,320.00December 4, 2024

Department of Housing and Urban Development, a sub agency of Department of Housing and Urban Development, issued a payment of $4,438,320.00 to FALCON CAPITAL ADVISORS LLC. The payment included a Subsidy Cost of $0.00.

Transaction #P00001 | $0.00October 7, 2024

Department of Housing and Urban Development, a sub agency of Department of Housing and Urban Development, issued a payment of $0.00 to FALCON CAPITAL ADVISORS LLC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #0 | $4,330,152.00December 15, 2023

Department of Housing and Urban Development, a sub agency of Department of Housing and Urban Development, issued a payment of $4,330,152.00 to FALCON CAPITAL ADVISORS LLC. The payment included a Subsidy Cost of $0.00.

Transaction #P00006 | $3,602,444.00December 5, 2025

Department of Housing and Urban Development, a sub agency of Department of Housing and Urban Development, issued a payment of $3,602,444.00 to FALCON CAPITAL ADVISORS LLC. The payment included a Subsidy Cost of $0.00.

Transaction #P00005 | $-1,011,612.00July 31, 2025

Department of Housing and Urban Development, a sub agency of Department of Housing and Urban Development, issued a payment of $-1,011,612.00 to FALCON CAPITAL ADVISORS LLC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00004 | $-780,339.47March 24, 2025

Department of Housing and Urban Development, a sub agency of Department of Housing and Urban Development, issued a payment of $-780,339.47 to FALCON CAPITAL ADVISORS LLC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00003 | $0.00February 18, 2025

Department of Housing and Urban Development, a sub agency of Department of Housing and Urban Development, issued a payment of $0.00 to FALCON CAPITAL ADVISORS LLC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00002 | $4,438,320.00December 4, 2024

Department of Housing and Urban Development, a sub agency of Department of Housing and Urban Development, issued a payment of $4,438,320.00 to FALCON CAPITAL ADVISORS LLC. The payment included a Subsidy Cost of $0.00.

Transaction #P00001 | $0.00October 7, 2024

Department of Housing and Urban Development, a sub agency of Department of Housing and Urban Development, issued a payment of $0.00 to FALCON CAPITAL ADVISORS LLC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #0 | $4,330,152.00December 15, 2023

Department of Housing and Urban Development, a sub agency of Department of Housing and Urban Development, issued a payment of $4,330,152.00 to FALCON CAPITAL ADVISORS LLC. The payment included a Subsidy Cost of $0.00.