This contract expires in 91 days (Jan 25, 2027).

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TIME AND MATERIALS

ERNST & YOUNG LLP - GINNIE MAE FINANCIAL SYSTEMS TECHNOLOGY SUPPORT AND MODERNIZATION (GFIT)

PIID: 47QFDA22F0017Solicitation ID: 47QFDA21Q0064
Signed Date: Jan 14, 2026Effective Date: Jan 26, 2022End Date: Closes in 91 days
Award $
$79.1M
Vendor
ERNST & YOUNG LLP
NAICS
541519
Signed Date
Jan 14, 2026

Key Details

Dollars Obligated
$79.1M
Base & All Options
$17.5M
Awarding Sub-Agency
Federal Acquisition Service
Product Service Code
DF01 - IT AND TELECOM - IT MANAGEMENT SUPPORT SERVICES (LABOR)
Extent Competed
FULL AND OPEN COMPETITION
Number of Offers
3
Place of Performance
WASHINGTON, DC, 200240001, CD-DC-98

Description

GINNIE MAE FINANCIAL SYSTEMS TECHNOLOGY SUPPORT AND MODERNIZATION (GFIT)

Context & Analysis

On Jan 14, 2026, General Services Administration obligated $79,085,264.21 to ERNST & YOUNG LLP for ginnie mae financial systems technology support and modernization (gfit). The award is classified under NAICS 541519 — OTHER COMPUTER RELATED SERVICES and issued as a time and materials contract. Competition extent: full and open competition with 3 offers received. Performance is located in WASHINGTON, DC. The contract is scheduled through Jan 25, 2027 — approximately 3 months remaining. This award is one of several similar procurements from General Services Administration under NAICS 541519 — related awards are listed below.

Market context

Recompete outlook
Ends Jan 25, 2027, in 3 months. Recompete signal as of Oct 16, 2026: 80/100, combining time to the end date, the incumbent's history with this agency, whether the award was competed, and its size.
Competition
Competed, with 3 offers. 98% of 964 awards in this market (General Services Administration awards in NAICS 541519 over the last 3 years) were competed; median 999 offers.
Award size
At $79.1M, this award is larger than 19 in 20 of the 557 priced General Services Administration awards in NAICS 541519 over the last 3 years (median $350K).
Incumbent at this agency
ERNST & YOUNG LLP has 7 other awards from General Services Administration, totalling $86.2M, 2025–2026.
Largest vendors in this market

By obligations, General Services Administration awards in NAICS 541519 over the last 3 years.

Computed from USAspending award data on Oct 16, 2026.

Contractor Information

Contractor: ERNST & YOUNG LLP
UEI: ECMMFNMSLXM7
CAGE Code: 5Y673
Location: NEW YORK, NY
View Full Record on USASpending.gov

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