Department of Housing and Urban Development Awarded a Contract to CREDITVEST INC for $1,690,229.00

Summary of Award

The US federal government awarded a contract to Creditvest Inc for the "MULTIFAMILY ASSESSMENT CONTRACTORS FOR GREEN RESILIENT AND RETROFIT PROGRAM" with a total obligation of $183,736.7. The contract falls under the category of BPA CALL and was signed on August 1, 2024. The base exercised options amount to $183,736.7, with a total potential value of $1,690,229. The total account outlay is $54,437.3, and the total account obligation is $1,690,229.

The contract was awarded by the Department of Housing and Urban Development (HUD) under the sub-agency ID 8600. The contract falls under the IDV type description of BPA (Blanket Purchase Agreement) and is categorized as a multiple award contract. The solicitation procedures were MAFO, and five offers were received. The extent competed was full and open competition, with no set-aside type specified. The product or service code is R710, falling under the NAICS code 541611 for Administrative Management and General Management Consulting Services.

Creditvest Inc, the recipient of the contract, is a U.S.-owned business located in Wexford, Pennsylvania. They specialize in financial management support services. The contract's period of performance is from August 2, 2024, to February 13, 2025, with the last modification made on April 3, 2025. The contract transactions include four entries: 1. On August 1, 2024, a transaction amount of $1,690,229 was recorded under modification 0. 2. On November 1, 2024, a transaction amount of $0 was recorded under modification P00001. 3. On February 13, 2025, a transaction amount of -$1,506,492.3 was recorded under modification P00002. 4. On April 3, 2025, a transaction amount of -$150,6492.3 was recorded under modification P00003. These transactions indicate the financial activities related to the awarded contract between the US federal government and Creditvest Inc.