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Department of Housing and Urban Development Awarded a Contract to SP TECHNOLOGIES, LLC for $654,081.36

Signed on

9/28/2020, 12:00 AM

SP TECHNOLOGIES, LLC Government Contract #86614620C00006

SP TECHNOLOGIES, LLC was awarded a contract with the United States Government for $654,081.36. The contract was awarded by the agency office CPO : CPO; ACFO; SFCOD; FT WORTH OP, which is a division with the Department of Housing and Urban Development within the Department of Housing and Urban Development.

Summary of Award

The recipient of the federal contract is SP TECHNOLOGIES, LLC, a small business based in Virginia. The contract, funded by the Department of Housing and Urban Development, is for the HOME EQUITY CONVERSION MORTGAGE PROGRAM ANALYSIS (HECM) worth $654,081.36. Among the transactions, a notable spending pattern is a transaction amount of $636,843.20 on the initial award date.

Contract Details

Contract ID86614620C00006
Contract TypeD
Total Obligation$654,081.36
Exercised Options$654,081.36
Base Amount + Options$654,081.36
Date Signed2020-09-28
Contract DescriptionHOME EQUITY CONVERSION MORTGAGE PROGRAM ANALYSIS (HECM)
Start Date2020-09-30
End Date2022-07-09

Agency Details

Awarding AgencyDepartment of Housing and Urban Development
Awarding Sub AgencyDepartment of Housing and Urban Development
Awarding OfficeCPO : CPO; ACFO; SFCOD; FT WORTH OP
Funding AgencyDepartment of Housing and Urban Development
Funding Sub AgencyDepartment of Housing and Urban Development
Funding OfficePDR : POLICY DEVELOPMENT RESEARCH

Recipient Details

RecipientSP TECHNOLOGIES, LLC
Recipient Location7926 JONES BRANCH DRIVE, SUITE 550 MC LEAN VIRGINIA, UNITED STATES
Business Categories8(a) Program Participant, Category Business, Economically Disadvantaged Women Owned Small Business, Minority Owned Business, Partnership or Limited Liability Partnership, Self-Certified Small Disadvantaged Business, Small Business, Special Designations, Subchapter S Corporation, Indian (Subcontinent) American Owned Business, U.S.-Owned Business, Woman Owned Business, Women Owned Small Business

Comments

Award Transactions

Transaction #P00006$0.00May 6, 2025

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

This payment could indicate a change to the existing contract.

Transaction #P00005$17,238.16February 10, 2022

Department of Housing and Urban Development, a sub agency of Department of Housing and Urban Development, issued a payment of $17,238.16 to SP TECHNOLOGIES, LLC. The payment included a Subsidy Cost of $0.00.

Transaction #P00004$0.00October 27, 2021

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

This payment could indicate a change to the existing contract.

Transaction #P00003$0.00July 8, 2021

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

This payment could indicate a change to the existing contract.

Transaction #P00002$0.00March 3, 2021

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

This payment could indicate a change to the existing contract.

Transaction #P00001$0.00October 20, 2020

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

This payment could indicate a change to the existing contract.

Transaction #0$636,843.20September 28, 2020

Department of Housing and Urban Development, a sub agency of Department of Housing and Urban Development, issued a payment of $636,843.20 to SP TECHNOLOGIES, LLC. The payment included a Subsidy Cost of $0.00.