Economic Model Validation implementation, maintenance, and upgrades of model validation.

This contract focuses on the implementation, ongoing maintenance, and periodic upgrades of economic model validation processes. It is intended to ensure that economic models used by the Government National Mortgage Association (Ginnie Mae) remain accurate, reliable, and up to date. The contract is set aside exclusively for small businesses under the Total Small Business Set-Aside program in accordance with FAR 19.5 regulations, reflecting an emphasis on supporting small business participation. The contract is associated with the NAICS code 541512, which pertains to computer systems design services, indicating a technology-driven approach to economic model validation. The Department of Housing and Urban Development is the overseeing agency, with Mitchell L. McCoy serving as the primary point of contact. While specific location details for performance are not provided, the contract aligns with Ginnie Mae's objective to maintain rigorous validation standards in its economic modeling efforts, supporting the agency’s broader mission related to mortgage-backed securities governance.