Contract 86615623C00015

Selene Finance Lp · Department Of Housing And Urban Development · August 9, 2024

Time And MaterialsSole SourceNAICS 523150

Selene Finance Lp was awarded a federal contract by Department Of Housing And Urban Development on August 9, 2024 for $1.13 billion (current value) of work in investment banking and securities intermediation. Performance is in Coppell, TX. It was awarded under full and open competition. The contract has been modified 3 times since the base award It uses time-and-materials contract pricing. The most recent modification was on July 23, 2025. If all options are exercised, the contract could reach $1.13 billion.

Current value
$1.13B
Modifications
3
Latest July 23, 2025

Contract details

PIID
86615623C00015
Award type
Definitive Contract
Pricing
Time And Materials
Set-aside
No Set Aside Used.
Competition
Not Competed
NAICS
523150 · Investment Banking And Securities Intermediation
Product / service
Support- Professional: Program Management/Support
Place of performance
Coppell, TX
First action
August 9, 2024
Latest action
July 23, 2025

Description

SINGLE FAMILY MASTER SUBSERVICER (SF MSS) SERVICES

Modification timeline

  • July 23, 2025
    Mod P00008 · Funding Only Action
    $68.36M
  • July 11, 2025
    Mod P00007 · Exercise An Option
    $64.86M
  • September 25, 2024
    Mod P00004 · Other Administrative Action
    $61.61M
  • August 9, 2024
    Mod P00003 · Exercise An Option
    $191.41M

Similar contracts

RecipientAgencyDateObligated
Carrington Mortgage Services LlcDepartment Of Housing And Urban DevelopmentNovember 10, 2025$981.98M

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Lifetime obligated dollars across all federal contracts in this NAICS code.

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1Carrington Mortgage Services Llc1$144.77M
2Charles Schwab & Co., Inc1$-81.4K

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Frequently asked questions

What is contract 86615623C00015?

Contract 86615623C00015 is a federal contract awarded to Selene Finance Lp by Department Of Housing And Urban Development on August 9, 2024 for $1.13 billion of work classified under INVESTMENT BANKING AND SECURITIES INTERMEDIATION. It has been modified 3 times since the base award.

Who won contract 86615623C00015?

Selene Finance Lp won contract 86615623C00015 from Department Of Housing And Urban Development.

How much is contract 86615623C00015 worth?

Contract 86615623C00015 has obligated $0 to date but carries a potential ceiling of $1.13 billion if fully funded and all options are exercised.