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Department of Housing and Urban Development Awarded a Contract to I TECH AG LLC for $23,635,751.00

Signed on

6/27/2024, 12:00 AM

I TECH AG LLC Government Contract #47QFDA24F0030

I TECH AG LLC was awarded a contract with the United States Government for $23,635,751.00. 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

I TECH AG LLC, a small disadvantaged business in Virginia, received a $9.7 million federal contract from the Department of Housing and Urban Development through the General Services Administration. The contract, for Ginnie Mae ServiceNow Enterprise Solutions, involves computer systems design services. Significant transactions include a $4.8 million payment and another transaction for $3.6 million.

Contract Details

Contract ID47QFDA24F0030
Contract TypeC
Total Obligation$9,725,966.00
Exercised Options$9,725,966.00
Base Amount + Options$23,635,751.00
Date Signed2024-06-27
Contract DescriptionGINNIE MAE SERVICENOW ENTERPRISE SOLUTIONS
Start Date2024-07-01
End Date2025-06-30

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 : OFFICE OF MANAGEMENT OPERATI

Recipient Details

RecipientI TECH AG LLC
Recipient Location1220 N FILLMORE ST STE 400 ARLINGTON VIRGINIA, UNITED STATES
Business Categories8(a) Program Participant, Category Business, Corporate Entity Not Tax Exempt, DoT Certified Disadvantaged Business Enterprise, 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 #P00003 | $4,846,045.00June 17, 2025

Department of Housing and Urban Development, a sub agency of Department of Housing and Urban Development, issued a payment of $4,846,045.00 to I TECH AG LLC. The payment included a Subsidy Cost of $0.00.

Transaction #P00002 | $0.00May 16, 2025

Department of Housing and Urban Development, a sub agency of Department of Housing and Urban Development, issued a payment of $0.00 to I TECH AG LLC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00001 | $3,606,914.24July 16, 2024

Department of Housing and Urban Development, a sub agency of Department of Housing and Urban Development, issued a payment of $3,606,914.24 to I TECH AG LLC. The payment included a Subsidy Cost of $0.00.

Transaction #0 | $1,273,006.76June 27, 2024

Department of Housing and Urban Development, a sub agency of Department of Housing and Urban Development, issued a payment of $1,273,006.76 to I TECH AG LLC. The payment included a Subsidy Cost of $0.00.

Transaction #P00004 | $0.00June 26, 2025

Department of Housing and Urban Development, a sub agency of Department of Housing and Urban Development, issued a payment of $0.00 to I TECH AG LLC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00003 | $4,846,045.00June 17, 2025

Department of Housing and Urban Development, a sub agency of Department of Housing and Urban Development, issued a payment of $4,846,045.00 to I TECH AG LLC. The payment included a Subsidy Cost of $0.00.

Transaction #P00002 | $0.00May 16, 2025

Department of Housing and Urban Development, a sub agency of Department of Housing and Urban Development, issued a payment of $0.00 to I TECH AG LLC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00001 | $3,606,914.24July 16, 2024

Department of Housing and Urban Development, a sub agency of Department of Housing and Urban Development, issued a payment of $3,606,914.24 to I TECH AG LLC. The payment included a Subsidy Cost of $0.00.

Transaction #0 | $1,273,006.76June 27, 2024

Department of Housing and Urban Development, a sub agency of Department of Housing and Urban Development, issued a payment of $1,273,006.76 to I TECH AG LLC. The payment included a Subsidy Cost of $0.00.

Transaction #P00006 | $9,433,835.00June 24, 2026

Department of Housing and Urban Development, a sub agency of Department of Housing and Urban Development, issued a payment of $9,433,835.00 to I TECH AG LLC. The payment included a Subsidy Cost of $0.00.

Transaction #P00005 | $0.00February 24, 2026

Department of Housing and Urban Development, a sub agency of Department of Housing and Urban Development, issued a payment of $0.00 to I TECH AG LLC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00004 | $0.00June 26, 2025

Department of Housing and Urban Development, a sub agency of Department of Housing and Urban Development, issued a payment of $0.00 to I TECH AG LLC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00003 | $4,846,045.00June 17, 2025

Department of Housing and Urban Development, a sub agency of Department of Housing and Urban Development, issued a payment of $4,846,045.00 to I TECH AG LLC. The payment included a Subsidy Cost of $0.00.

Transaction #P00002 | $0.00May 16, 2025

Department of Housing and Urban Development, a sub agency of Department of Housing and Urban Development, issued a payment of $0.00 to I TECH AG LLC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00001 | $3,606,914.24July 16, 2024

Department of Housing and Urban Development, a sub agency of Department of Housing and Urban Development, issued a payment of $3,606,914.24 to I TECH AG LLC. The payment included a Subsidy Cost of $0.00.

Transaction #0 | $1,273,006.76June 27, 2024

Department of Housing and Urban Development, a sub agency of Department of Housing and Urban Development, issued a payment of $1,273,006.76 to I TECH AG LLC. The payment included a Subsidy Cost of $0.00.