This contract expires in 271 days (Jul 25, 2027).

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

PIID: 47QFDA22F0017Solicitation ID: 47QFDA21Q0064
Signed Date: Jan 26, 2022Effective Date: Jan 26, 2022End Date: Closes in 271 days
Award $
$87.9M
Vendor
ERNST & YOUNG LLP
NAICS
541519
Signed Date
Jan 26, 2022

Key Details

Dollars Obligated
$87.9M
Base & All Options
$87.9M
Awarding Sub-Agency
Federal Acquisition Service
Contract Vehicle
GSA MAS
Parent IDIQ (PIID)
47QTCA18D003W
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

Description

GINNIE MAE FINANCIAL SYSTEMS TECHNOLOGY SUPPORT AND MODERNIZATION (GFIT)

Context & Analysis

On Jan 26, 2022, General Services Administration obligated $87,856,732.49 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. Competition extent: full and open competition with 3 offers received. Performance is located in WASHINGTON, DC. The contract is scheduled through Jul 25, 2027 — approximately 9 months remaining.

Market context

Recompete outlook
Ends Jul 25, 2027, in 9 months. Recompete signal as of Oct 27, 2026: 53/100, 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 963 awards in this market (General Services Administration awards in NAICS 541519 over the last 3 years) were competed; median 999 offers.
Award size
At $87.9M, this award is larger than 19 in 20 of the 566 priced General Services Administration awards in NAICS 541519 over the last 3 years (median $347K).
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 27, 2026.

Contractor Information

Contractor: ERNST & YOUNG LLP
UEI: ECMMFNMSLXM7
Location: NEW YORK, NY

Subcontractors on this Prime(1 disclosed)

First-tier subawards from USASpending’s FSRS reporting. Sub-recipient names are often partially disclosed or redacted; amounts reflect the sub portion only.

SubcontractorAmount
Not disclosed
Mar 6, 2026
$530,398

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