Department of Housing and Urban Development Awarded a Contract to CREDITVEST INC for $253,406.80

Summary of Award

The US federal government awarded a contract to Creditvest Inc for the "MULTIFAMILY ASSESSMENT CONTRACTORS FOR GREEN RESILIENT AND RETROFIT PROGRAM." The total obligation for the contract is $253,406.80, with a base exercised option of the same amount. The contract was signed on August 1, 2024, and falls under the category of a BPA CALL.

The Department of Housing and Urban Development (HUD) is the agency responsible for this contract, with the sub-agency also being HUD. The contract falls under the IDV type description of BPA (Blanket Purchase Agreement) and is categorized as a multiple award contract. The solicitation procedures for this contract were MAFO (Multiple Award Fair Opportunity), and it was subject to full and open competition.

Creditvest Inc, the recipient of the contract, is a U.S.-owned business located in Wexford, Pennsylvania. They offer services in the category of "Support- Management: Financial," specifically in the field of administrative management and general management consulting services. The contract includes several transactions, with the most recent one occurring on April 3, 2025. This transaction had a negative amount of $1,725,343.20, indicating a refund or adjustment. The previous transaction on February 13, 2025, had a transaction amount of $0, suggesting no financial activity. The initial transaction on August 1, 2024, had a transaction amount of $1,978,750, representing the total obligation of the contract. Overall, the contract with Creditvest Inc involves financial management services related to the green, resilient, and retrofit program for multifamily assessments. The contract is part of a multiple award agreement under HUD and has undergone fair competition procedures. Creditvest Inc, as the recipient, is a U.S.-owned business specializing in financial management services.