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ARTICLE · 24 JUNE 2021

In Re: Chronos Sols.-The GAO Indicates That COVID Related Contract Changes Can Be Material Changes

HUD functions through the Federal Housing Administration, and is responsible for administering insurance programs for single-family mortgages.

United StatesGovernment, Public Sector

In Chronos Sols., LLC, the GAO determined its first COVID-19 case in September of 2020 where it sustained a protest because the U.S. Department of Housing and Urban Development ("HUD") did not consider, nor acknowledge, the significant changes occurring around the globe from the impact of COVID-19 that could materially affect the contract.

HUD functions through the Federal Housing Administration, and is responsible for administering insurance programs for single-family mortgages. They are widely known for their community planning and development, as they assist making housing affordable for the homeless. They also strictly enforce and help combat against housing discrimination of many kinds. Because of their vast outreach, HUD is the largest single seller of real estate in the United States.

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