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Department of Housing and Urban Development Awarded a Contract to INFORMATION SYSTEMS & NETWORKS CORPORATION for $143,090,930.57

Signed on

5/3/2021, 12:00 AM

INFORMATION SYSTEMS & NETWORKS CORPORATION Government Contract #86614921C00002

INFORMATION SYSTEMS & NETWORKS CORPORATION was awarded a contract with the United States Government for $143,090,930.57. The contract was awarded by the agency office CPO : PHILADELPHIA OPERATIONS BRANC, 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 Information Systems & Networks Corporation, based in Bethesda, Maryland. The contract, funded by the Department of Housing and Urban Development, is for "SECRETARY HELD LOAN SERVICING (NON HECM)" and is worth $141,012,272.30. Notable transactions from the list include amounts of $16,193,207.31, $25,771,372.67, and $11,692,473.30 among others.

Contract Details

Contract ID86614921C00002
Contract TypeD
Total Obligation$141,012,272.30
Exercised Options$142,949,233.77
Base Amount + Options$143,090,930.57
Date Signed2021-05-03
Contract DescriptionSECRETARY HELD LOAN SERVICING (NON HECM)
Start Date2021-05-03
End Date2026-06-08

Agency Details

Awarding AgencyDepartment of Housing and Urban Development
Awarding Sub AgencyDepartment of Housing and Urban Development
Awarding OfficeCPO : PHILADELPHIA OPERATIONS BRANC
Funding AgencyDepartment of Housing and Urban Development
Funding Sub AgencyDepartment of Housing and Urban Development
Funding OfficeCFO : CHIEF FINANCIAL OFFICER

Recipient Details

RecipientINFORMATION SYSTEMS & NETWORKS CORPORATION
Recipient Location10411 MOTOR CITY DR STE 700 BETHESDA MARYLAND, UNITED STATES
Business CategoriesCategory Business, Corporate Entity Not Tax Exempt, Minority Owned Business, Not Designated a Small Business, Special Designations, Subchapter S Corporation, Indian (Subcontinent) American Owned Business, U.S.-Owned Business, Woman Owned Business

Comments

Award Transactions

Transaction #P00022$0.00March 5, 2026

Department of Housing and Urban Development, a sub agency of Department of Housing and Urban Development, issued a payment of $0.00 to INFORMATION SYSTEMS & NETWORKS CORPORATION. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00021$8,325,950.15February 19, 2026

Department of Housing and Urban Development, a sub agency of Department of Housing and Urban Development, issued a payment of $8,325,950.15 to INFORMATION SYSTEMS & NETWORKS CORPORATION. The payment included a Subsidy Cost of $0.00.

Transaction #P00020$9,386,538.55December 19, 2025

Department of Housing and Urban Development, a sub agency of Department of Housing and Urban Development, issued a payment of $9,386,538.55 to INFORMATION SYSTEMS & NETWORKS CORPORATION. The payment included a Subsidy Cost of $0.00.

Transaction #P00019$5,106,784.49September 23, 2025

Department of Housing and Urban Development, a sub agency of Department of Housing and Urban Development, issued a payment of $5,106,784.49 to INFORMATION SYSTEMS & NETWORKS CORPORATION. The payment included a Subsidy Cost of $0.00.

Transaction #P00018$16,193,207.31June 3, 2025

Department of Housing and Urban Development, a sub agency of Department of Housing and Urban Development, issued a payment of $16,193,207.31 to INFORMATION SYSTEMS & NETWORKS CORPORATION. The payment included a Subsidy Cost of $0.00.

Transaction #P00017$0.00May 28, 2025

Department of Housing and Urban Development, a sub agency of Department of Housing and Urban Development, issued a payment of $0.00 to INFORMATION SYSTEMS & NETWORKS CORPORATION. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00016$0.00January 8, 2025

Department of Housing and Urban Development, a sub agency of Department of Housing and Urban Development, issued a payment of $0.00 to INFORMATION SYSTEMS & NETWORKS CORPORATION. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00015$11,692,473.30December 20, 2024

Department of Housing and Urban Development, a sub agency of Department of Housing and Urban Development, issued a payment of $11,692,473.30 to INFORMATION SYSTEMS & NETWORKS CORPORATION. The payment included a Subsidy Cost of $0.00.

Transaction #P00014$37,000.00December 16, 2024

Department of Housing and Urban Development, a sub agency of Department of Housing and Urban Development, issued a payment of $37,000.00 to INFORMATION SYSTEMS & NETWORKS CORPORATION. The payment included a Subsidy Cost of $0.00.

Transaction #P00013$0.00August 5, 2024

Department of Housing and Urban Development, a sub agency of Department of Housing and Urban Development, issued a payment of $0.00 to INFORMATION SYSTEMS & NETWORKS CORPORATION. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00012$0.00July 19, 2024

Department of Housing and Urban Development, a sub agency of Department of Housing and Urban Development, issued a payment of $0.00 to INFORMATION SYSTEMS & NETWORKS CORPORATION. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00011$21,976,748.33June 6, 2024

Department of Housing and Urban Development, a sub agency of Department of Housing and Urban Development, issued a payment of $21,976,748.33 to INFORMATION SYSTEMS & NETWORKS CORPORATION. The payment included a Subsidy Cost of $0.00.

Transaction #P00010$3,262,747.45March 6, 2024

Department of Housing and Urban Development, a sub agency of Department of Housing and Urban Development, issued a payment of $3,262,747.45 to INFORMATION SYSTEMS & NETWORKS CORPORATION. The payment included a Subsidy Cost of $0.00.

Transaction #P00009$3,223,862.53June 12, 2023

Department of Housing and Urban Development, a sub agency of Department of Housing and Urban Development, issued a payment of $3,223,862.53 to INFORMATION SYSTEMS & NETWORKS CORPORATION. The payment included a Subsidy Cost of $0.00.

Transaction #P00008$25,771,372.67May 23, 2023

Department of Housing and Urban Development, a sub agency of Department of Housing and Urban Development, issued a payment of $25,771,372.67 to INFORMATION SYSTEMS & NETWORKS CORPORATION. The payment included a Subsidy Cost of $0.00.

Transaction #P00007$1,447,661.40March 22, 2023

Department of Housing and Urban Development, a sub agency of Department of Housing and Urban Development, issued a payment of $1,447,661.40 to INFORMATION SYSTEMS & NETWORKS CORPORATION. The payment included a Subsidy Cost of $0.00.

Transaction #P00006$0.00February 15, 2023

Department of Housing and Urban Development, a sub agency of Department of Housing and Urban Development, issued a payment of $0.00 to INFORMATION SYSTEMS & NETWORKS CORPORATION. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00005$9,488,904.87December 8, 2022

Department of Housing and Urban Development, a sub agency of Department of Housing and Urban Development, issued a payment of $9,488,904.87 to INFORMATION SYSTEMS & NETWORKS CORPORATION. The payment included a Subsidy Cost of $0.00.

Transaction #P00004$837,709.63June 9, 2022

Department of Housing and Urban Development, a sub agency of Department of Housing and Urban Development, issued a payment of $837,709.63 to INFORMATION SYSTEMS & NETWORKS CORPORATION. The payment included a Subsidy Cost of $0.00.

Transaction #P00003$3,688,040.13May 11, 2022

Department of Housing and Urban Development, a sub agency of Department of Housing and Urban Development, issued a payment of $3,688,040.13 to INFORMATION SYSTEMS & NETWORKS CORPORATION. The payment included a Subsidy Cost of $0.00.

Transaction #P00002$10,278,000.00March 18, 2022

Department of Housing and Urban Development, a sub agency of Department of Housing and Urban Development, issued a payment of $10,278,000.00 to INFORMATION SYSTEMS & NETWORKS CORPORATION. The payment included a Subsidy Cost of $0.00.

Transaction #P00001$0.00August 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 INFORMATION SYSTEMS & NETWORKS CORPORATION. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #0$10,295,271.49May 3, 2021

Department of Housing and Urban Development, a sub agency of Department of Housing and Urban Development, issued a payment of $10,295,271.49 to INFORMATION SYSTEMS & NETWORKS CORPORATION. The payment included a Subsidy Cost of $0.00.