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Department of Housing and Urban Development Awarded a Contract to REVERSE MARKET INSIGHT, INC. for $27,259,683.43

Signed on

9/29/2024, 12:00 AM

REVERSE MARKET INSIGHT, INC. Government Contract #86615324C00012

REVERSE MARKET INSIGHT, INC. was awarded a contract with the United States Government for $27,259,683.43. The contract was awarded by the agency office CPO : IT PROGRAM SUPPORT DIVISION; NOI, 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 Reverse Market Insight, Inc. They are a U.S.-owned business located in Dana Point, California, specializing in computer systems design services. The contract, funded by the Department of Housing and Urban Development, is for a Home Equity Conversion Mortgage (HECM) worth $12,998,118. Notable spending patterns include multiple transactions totaling $12,698,509.50 towards the contract, with the latest transaction of $3,565,391.50 on June 24, 2025.

Contract Details

Contract ID86615324C00012
Contract TypeD
Total Obligation$12,998,118.00
Exercised Options$12,998,118.00
Base Amount + Options$27,259,683.43
Date Signed2024-09-29
Contract DescriptionHOME EQUITY CONVERSION MORTGAGE (HECM)
Start Date2024-09-30
End Date2025-09-29

Agency Details

Awarding AgencyDepartment of Housing and Urban Development
Awarding Sub AgencyDepartment of Housing and Urban Development
Awarding OfficeCPO : IT PROGRAM SUPPORT DIVISION; NOI
Funding AgencyDepartment of Housing and Urban Development
Funding Sub AgencyDepartment of Housing and Urban Development
Funding OfficeCIO : OFFICE OF CHIEF INFOR OFF

Recipient Details

RecipientREVERSE MARKET INSIGHT, INC.
Recipient Location34232 PACIFIC COAST HWY DANA POINT CALIFORNIA, UNITED STATES
Business Categories8(a) Program Participant, Asian Pacific American Owned Business, Category Business, Corporate Entity Not Tax Exempt, Minority Owned Business, Self-Certified Small Disadvantaged Business, Small Business, Special Designations, Subchapter S Corporation, U.S.-Owned Business

Comments

Award Transactions

Transaction #P00004$3,565,391.50June 24, 2025

Department of Housing and Urban Development, a sub agency of Department of Housing and Urban Development, issued a payment of $3,565,391.50 to REVERSE MARKET INSIGHT, INC.. The payment included a Subsidy Cost of $0.00.

Transaction #P00003$0.00June 24, 2025

Department of Housing and Urban Development, a sub agency of Department of Housing and Urban Development, issued a payment of $0.00 to REVERSE MARKET INSIGHT, INC.. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00002$0.00June 10, 2025

Department of Housing and Urban Development, a sub agency of Department of Housing and Urban Development, issued a payment of $0.00 to REVERSE MARKET INSIGHT, INC.. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00001$6,710,026.52February 27, 2025

Department of Housing and Urban Development, a sub agency of Department of Housing and Urban Development, issued a payment of $6,710,026.52 to REVERSE MARKET INSIGHT, INC.. The payment included a Subsidy Cost of $0.00.

Transaction #0$6,288,091.48September 29, 2024

Department of Housing and Urban Development, a sub agency of Department of Housing and Urban Development, issued a payment of $6,288,091.48 to REVERSE MARKET INSIGHT, INC.. The payment included a Subsidy Cost of $0.00.

Transaction #P00005$0.00August 11, 2025

Department of Housing and Urban Development, a sub agency of Department of Housing and Urban Development, issued a payment of $0.00 to REVERSE MARKET INSIGHT, INC.. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00004$3,565,391.50June 24, 2025

Department of Housing and Urban Development, a sub agency of Department of Housing and Urban Development, issued a payment of $3,565,391.50 to REVERSE MARKET INSIGHT, INC.. The payment included a Subsidy Cost of $0.00.

Transaction #P00003$0.00June 24, 2025

Department of Housing and Urban Development, a sub agency of Department of Housing and Urban Development, issued a payment of $0.00 to REVERSE MARKET INSIGHT, INC.. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00002$0.00June 10, 2025

Department of Housing and Urban Development, a sub agency of Department of Housing and Urban Development, issued a payment of $0.00 to REVERSE MARKET INSIGHT, INC.. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00001$6,710,026.52February 27, 2025

Department of Housing and Urban Development, a sub agency of Department of Housing and Urban Development, issued a payment of $6,710,026.52 to REVERSE MARKET INSIGHT, INC.. The payment included a Subsidy Cost of $0.00.

Transaction #0$6,288,091.48September 29, 2024

Department of Housing and Urban Development, a sub agency of Department of Housing and Urban Development, issued a payment of $6,288,091.48 to REVERSE MARKET INSIGHT, INC.. The payment included a Subsidy Cost of $0.00.

Transaction #P00007$3,565,391.50February 4, 2026

Department of Housing and Urban Development, a sub agency of Department of Housing and Urban Development, issued a payment of $3,565,391.50 to REVERSE MARKET INSIGHT, INC.. The payment included a Subsidy Cost of $0.00.

Transaction #P00006$3,565,391.50December 18, 2025

Department of Housing and Urban Development, a sub agency of Department of Housing and Urban Development, issued a payment of $3,565,391.50 to REVERSE MARKET INSIGHT, INC.. The payment included a Subsidy Cost of $0.00.

Transaction #P00005$0.00August 11, 2025

Department of Housing and Urban Development, a sub agency of Department of Housing and Urban Development, issued a payment of $0.00 to REVERSE MARKET INSIGHT, INC.. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00004$3,565,391.50June 24, 2025

Department of Housing and Urban Development, a sub agency of Department of Housing and Urban Development, issued a payment of $3,565,391.50 to REVERSE MARKET INSIGHT, INC.. The payment included a Subsidy Cost of $0.00.

Transaction #P00003$0.00June 24, 2025

Department of Housing and Urban Development, a sub agency of Department of Housing and Urban Development, issued a payment of $0.00 to REVERSE MARKET INSIGHT, INC.. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00002$0.00June 10, 2025

Department of Housing and Urban Development, a sub agency of Department of Housing and Urban Development, issued a payment of $0.00 to REVERSE MARKET INSIGHT, INC.. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00001$6,710,026.52February 27, 2025

Department of Housing and Urban Development, a sub agency of Department of Housing and Urban Development, issued a payment of $6,710,026.52 to REVERSE MARKET INSIGHT, INC.. The payment included a Subsidy Cost of $0.00.

Transaction #0$6,288,091.48September 29, 2024

Department of Housing and Urban Development, a sub agency of Department of Housing and Urban Development, issued a payment of $6,288,091.48 to REVERSE MARKET INSIGHT, INC.. The payment included a Subsidy Cost of $0.00.

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