KPMG and Salient Federal Solutions have won a five-year blanket purchase agreement potentially worth $94 million to update business processes and technology for the Department of Housing and Urban Development‘s Federal Housing Administration.
Salient said Wednesday the BPA contract was awarded under the Mortgage Risk and Fraud Initiative, with KPMG as the prime contractor.
“We look forward to working side by side with KPMG to enhance and modernize HUD’s critical Housing Management systems, ” said Brad Antle, Salient CEO.
KPMG will provide program management; technology consulting; systems operations and maintenance; systems integration and business transformation services.
Salient will work to maintain, operate and modernize applications that HUD’s uses to manage and administer multi- and single-family housing portfolios.