Department of Agriculture Awarded a Contract to SAGENT M&C, LLC for $25,000,000.00

Signed on

3/31/2020, 12:00 AM

SAGENT M&C, LLC Government Contract #12SAD120D0005

SAGENT M&C, LLC was awarded a contract with the United States Government for $25,000,000.00. The contract was awarded by the agency office USDA/RD/STRATEGIC ACQUISITION DIV, which is a division with the Rural Housing Service within the Department of Agriculture.

Summary of Award

The recipient of the federal contract is SAGENT M&C, LLC, a U.S.-owned business located in King of Prussia, Pennsylvania. The contract, awarded by the Department of Agriculture's Rural Housing Service, is for Single Family Housing Direct Loan/Grant Origination/Servicing Novation, totaling $25,000,000. The work falls under IT and Telecom-Systems Development, specifically Computer Systems Design Services. There are no transactions listed, indicating no notable spending patterns.

Contract Details

Contract ID12SAD120D0005

Contract TypeIDV_B_B

Total Obligation$0.00

Exercised Options

Base Amount + Options$25,000,000.00

Date Signed2020-03-31

Contract DescriptionSINGLE FAMILY HOUSING DIRECT (SFHD)LOAN/GRANT ORIGINATION/SERVICING NOVATION

Start Date2020-03-30

End Date2024-03-12

Agency Details

Awarding AgencyDepartment of Agriculture

Awarding Sub AgencyRural Housing Service

Awarding OfficeUSDA/RD/STRATEGIC ACQUISITION DIV

Funding AgencyDepartment of Agriculture

Funding Sub AgencyRural Housing Service

Funding OfficeCHIEF INFORMATION OFFICE

Recipient Details

RecipientSAGENT M&C, LLC

Recipient Location1000 CONTINENTAL DRIVE, SUITE 570 KING OF PRUSSIA PENNSYLVANIA, UNITED STATES

Business CategoriesCategory Business, Corporate Entity Not Tax Exempt, Limited Liability Corporation, Not Designated a Small Business, Special Designations, U.S.-Owned Business