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$96,398,525

General Services Administration·Federal Acquisition Service

to INTERNATIONAL BUSINESS MACHINES CORPORATION

financeactiveONGOING · MOD OF 2017 CONTRACT
WORK BEGAN2017-05-15·LATEST ACTION2026-05-12·SOURCEUSASPENDING·SOURCE IDCONT_AWD_GS11Q17BJP0005_4732_HHSN316201200030W_7529
Award description

IGF::OT::IGF GINNIE MAE IT INFRASTRUCTURE CONSOLIDATION

Verbatim from USAspending.gov. Capitalization, abbreviations, and codes are unchanged.

The Buildout's read

What the model surfaced from this award

Confidence: high
In plain English

Latest obligation on the 2017 Ginnie Mae IT infrastructure consolidation contract with IBM, supporting mortgage-backed securities systems.

Sub-sectors
it-infrastructuregovernment-operationsginnie-mae-systems
Why this matters

Ginnie Mae guarantees ~$2.3 trillion in mortgage-backed securities; reliable IT infrastructure underpins the secondary mortgage market and housing finance stability.

Supply-chain signal

IBM continues as primary systems integrator for federal mortgage-finance IT; consolidation reduces legacy system sprawl and vendor fragmentation.

Generated by award_classification v2.1.0 via claude-haiku-4-5-20251001 on 2026-05-29. Cost: $0.002814.

Period of performance
Start
2017-05-15
End
2027-05-14
Status
activein 305 days
Sources

The Buildout does not edit federal records. Any inaccuracy reflects the upstream source; it will update here when corrected there.

$96.4M General Services Administration — The Buildout — The Buildout