From: Federal Government(Federal)
Basic Details | Start Date05 Mar, 2021 (about 3 years ago)Due Date15 Mar, 2021 (about 3 years ago) |
Customer / Agency | |
SetAside | SBA(Total Small Business Set-Aside (FAR 19.5)) |
The U.S. Department of Housing and Urban Development (HUD), Federal Housing Administration (FHA) intends to negotiate and award on a sole source basis with Summit Consulting LLC, 601 New Jersey Ave. NW Suite 400 Washington DC 20001 to provide risk management, budget, and related policy decisions with respect to Single-Family Mortgage Insurance program. Risk Management & Capital Assessment Projections (RMCAP) purpose is to ensure that the cash flows, net assets, and valuations arising from the mortgage insurance and financial transactions of the Single-Family Mortgage Insurance program and the level, direction, and implications of the risks to the Single-Family Mortgage Insurance program are made clear. Single-Family Mortgage Insurance program includes all FHA loan programs other than multi-family and health care facility programs and may include new single-family programs. Current Single-Family Mortgage Insurance program programs include programs under Titles I and II of the
National Housing Act.FHA has employed a variety of financial and statistical models to project its loan performance and cash flow transactions. These models have often used econometric or actuarial techniques. FHA has relied on database systems capable of manipulating the large amount of data related to FHA loan performance. These models are referred to as NPV, ROA, and CSR models.Transactions associated with the FHAs guarantee programs for single-family mortgages are recorded in accounts of the federal government known as the FHA insurance funds. Cash flows on these insurance policies result from both FHAs insurance operations and from transactions mandated by federal credit reform. Aggregate Single-Family Mortgage Insurance program cash flows and balances are reported monthly. Underwriting, servicing and property disposition information on FHA-insured loans and the resulting cash flows and accumulated net assets of the insurance operation reside on multiple systemsThe Contractor shall provide risk management statistical models, cash flow and valuations arising from the mortgage insurance and financial transactions support services. The NAICS code is 541618 – Other Management Consulting Services and the size standard is $16.5 M. PSC Code: R710 Financial/ R704 Auditing Services. 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 Brenda K. Lee EST on March 15, 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, the HUD will proceed with the sole source award to Summit Consulting LLC. The anticipated award date of this requirement is on or around March 15, 2021. No collect calls will be accepted. If you have any questions regarding this announcement, please contact Brenda K. Lee or via email
brenda.k.lee@hud.gov.