Accounting and Financial Operations Support Services

The U.S. Department of Housing and Urban Development (HUD) intends to award a sole source contract to Williams, Adley & Company – DC, LLP, located at 1030 15th Street, NW, Suite 350 West, Washington, DC 20005-5945 under the authority of  FAR 6.302-1 Only One Responsible Source and No Other Supplies or Services Will Satisfy Agency Requirements, Title 41 – USC 3304 (a)(1).The HUD, Office of Finance and Budget (FAB), which is an office within the Office of Housing, FHA requires the following accounting and financial operations services:General accounting services consist of : planning and preparation of interim and year-end accounting adjusting entries, which are then used in the preparation of financial statements; update and documentation of existing and future processes; production of various management and reconciliation reports; review of existing, and proposal of new, accounting posting models, in accordance with Federal GAAP and Credit Reform requirements; provision of General

Ledger maintenance; and provision of funds control support, including performance of monthly and year-end budgetary reconciliation for each source program area.Financial analysis and reporting services consist of : performance of financial analysis; evaluation and documentation of financial process and internal controls based on Treasury, OMB, FASAB, GAO, and OIG guidelines; research and analysis in support of new policy initiatives, which includes adjustment of Liability for Loan Guarantee (LLG) models and credit subsidy rate (CSR) estimated for the President’s Budget; assistance in the preparation, and editing, of the FHA Management’s Discussion and Analysis (MD&A) section of the FHA Annual Management Report; and provision of analytical and technical support for quarterly and year-end financial statement and reporting requirements as requested.Economic analysis (Credit Reform Act Support) consists of development, validation, and refinement of, multifamily, and health care loan loss reserve (LLR), LLG, mark-to-market (MTM), CSR, and recovery on assets (ROA) cash flow models and projections; preparation of gathered balance sheet per format requirements for the FHA financial statements; preparation and update of cash flow model assumptions and documentation; performance of decomposition and sensitivity analysis on the cash flow models and projections; development, refinement and maintenance of actuarial and multivariate statistical loan performance models; and provision of Credit Reform Act and SAS training.FHA subsidiary ledger financial operations support consists of assistance in performing and managing financial operations for the general ledger, financial statement reporting, central funds control, central cash management, treasury reporting, accounting for contracts and grants, and Revenue Management.The period of performance is for a 12-month base period. The NAICS Code is 541211 Other Accounting Services and the size standard is 22 Million Dollars Per Year.  This notice is not a request for competitive quotations. However, any firm that believes it can meet these requirements may submit a written response via email to Darlene Pope at the email address below by 10:00 AM Eastern Standard Time (EST) on April 9, 2021. Supporting evidence must be furnished in sufficient detail to demonstrate the ability to comply with the above requirement.  Information received will be considered; however, a determination by the Government not to compete the proposed acquisition based on responses to this notice is solely within the discretion of the Government.  If no responses are received, HUD will proceed with the sole source award to  Williams, Adley & Company – DC, LLP. The anticipated award date of this requirement is around April 23, 2021.  No collect calls will be accepted.If you have any questions regarding this announcement, please contact: Darlene.Pope@hud.gov.