BLUF: The Department of Housing and Urban Development has obligated $32,059,025.55 to Phoenix Oversight Group LLC, a small business, for FHA Catalyst platform development support running through May 21, 2027.

The task order, designated "FHA Catalyst - Development, Modernization and Enhancement (DME) Support Services," was signed May 22, 2023 under GSA Schedule parent contract 47QTCA21D007X. It was competed as a total small-business set-aside, drawing six offers.

Why it matters: FHA Catalyst is HUD's ongoing effort to modernize the legacy IT systems underlying Federal Housing Administration loan origination and servicing. A total small-business set-aside with six competitors shows continued small-business competition for FHA IT modernization work, and the order's base-and-all-options ceiling of $53,862,268.55 — well above the $32.1 million obligated so far — indicates further task-level growth is likely for firms tracking custom software development opportunities under NAICS 541511.

By the numbers:

• Total obligations: $32,059,025.55
• Base and all options value: $53,862,268.55
• Period of performance: May 22, 2023 – May 21, 2027
• NAICS code: 541511 (Custom Computer Programming Services)
• Set-aside: Total Small Business Set-Aside
• Solicitation number: 86615322Q00011
• Competition: 6 offers received

The award is tied to HUD's "FHA Catalyst DME Support Services" major program and was procured through GSA's Multiple Award Fair Opportunity process as a competitive set-aside.

Source: USAspending.gov