BANK OF NEW YORK MELLON (THE) - GINNIE MAE MORTGAGE BACKED SECURITIES ISSUANCE AND BOND ADMINISTRATION
Key Details
Description
GINNIE MAE MORTGAGE BACKED SECURITIES ISSUANCE AND BOND ADMINISTRATION
Context & Analysis
On Nov 3, 2025, General Services Administration obligated $244,471,424.51 to BANK OF NEW YORK MELLON (THE) for ginnie mae mortgage backed securities issuance and bond administration. The award is classified under NAICS 522110 — COMMERCIAL BANKING and issued as a firm fixed price contract. Competition extent: full and open competition with 2 offers received. The procurement used a NO SET ASIDE USED. set-aside. Performance is located in WASHINGTON, DC. This award is one of several similar procurements from General Services Administration under NAICS 522110 — related awards are listed below.
Market context
- Recompete outlook
- Ended Jun 30, 2026 (4 months ago). Recompete signal as of Oct 14, 2026: 28/100, combining time to the end date, the incumbent's history with this agency, whether the award was competed, and its size.
- Competition
- Competed, with 2 offers. 100% of 11 awards in this market (General Services Administration awards in NAICS 522110 over the last 3 years) were competed; median 2 offers.
- Incumbent at this agency
- BANK OF NEW YORK MELLON (THE) has 1 other award from General Services Administration, totalling $98.0M.
Computed from USAspending award data on Oct 14, 2026.
Contractor Information
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