86615525C00001 - GLOBAL ESG INVESTMENT POLICY AND INVESTOR INTELLIG...
Federal Contract Award Search » Definitive Contract Award
This Definitive Contract contract for Financial services was awarded in FY2025 on Nov 26, 2024 to RECURSION CO by GINNIE MAE (Government National Mortgage Association). There have been $1.5M in obligations to date with a ceiling value of $1.5M, showing a 100% burn rate so far on the contract. The contract was competed under 8(a) Sole Source preference program with 1 offer received. We expect a 1 year duration with ultimate completion date of Nov 26, 2025.
RECURSION CO is a contractor located in NY, doing primarily Program Management work for Housing and Urban Development. Also, they have shown success winning No/Limited Bias contracts concentrated mainly on a singular customer focused portfolio.
Definitive contracts are single award contracts which usually result from publicly advertised Federal procurements. Historically, definitive contracts represented the most common pathway for the Federal Government to enter into agreements with contractors operating in the Federal market. With few exceptions, definitive contracts all the Federal Government purchase nearly every type of commodity, technology, or service. A known quantity or deliverable is a critical attribute of definitive contracts.
- Contract Number
- 86615525C00001
- Contractor
- RECURSION CO
- Obligations to Date
- $1.5M
- Ceiling Value
- $1.5M
- Award Date
- 11/26/2024
- Contract Type
- Definitive Contract
- Competition Set Aside Type
- 8(a) Sole Source
- Buying Agency/Office
- Housing and Urban Development»GINNIE MAE (Government National Mortgage Association)
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