Accenture Federal Services Awarded HUD BPA to Advance the Modernization of Ginnie Mae's Securitization Platform

Accenture (NYSE:ACN) has been awarded a position on a blanket purchase agreement (BPA) to provide the Government National Mortgage Association (Ginnie Mae) with information technology software development services and to

Benzinga · 01/08/2020 13:00

Accenture (NYSE:ACN) has been awarded a position on a blanket purchase agreement (BPA) to provide the Government National Mortgage Association (Ginnie Mae) with information technology software development services and to modernize the proprietary applications, databases and systems that comprise Ginnie Mae’s securitization platform technologies.

The $127 million BPA — awarded by the U.S. Department of Housing and Urban Development (HUD) under which Ginnie Mae operates — is for a multi-award contract over five years. Accenture Federal Services (AFS) was one of four contracting firms receiving the award.