3.75 Asset Manager (AM) Services - Synopsis for the Department of HUD, Single Family Asset Management

Agency: Department of Housing and Urban Development
State: Federal
Level of Government: Federal
  • R - Professional, Administrative and Management Support Services
Opps ID: NBD00159150306135958
Posted Date: Sep 28, 2017
Due Date:
Solicitation No: DU204SB-17-R-0003
Source: Members Only
Solicitation Number :
Notice Type :
Synopsis :
Added: Jul 07, 2017 4:56 pm
The United States Department of Housing and Urban Development (HUD) intends to solicit offers in response to Request for Proposal (RFP) number DU204SB-17-R-0003 to contract for all necessary 3.75 Asset Manager (AM) services in support of HUD's single-family Real Estate Owned (REO) property inventory. HUD intends to award separate single-award Indefinite Delivery/ Indefinite Quantity (IDIQ) AM contracts to manage HUD Owned Single Family Properties within each of the following three (3) geographic areas: 7A (Georgia); 1D (Colorado, New Mexico, North Texas and Utah); and 5P (Delaware, Maryland, Pennsylvania, Virginia, District of Columbia, and West Virginia).

These services will support the marketing and resale of HUD's Real Estate Owned (REO) single family property inventory within the geographical areas referenced above. This requirement will require interaction with existing and future HUD contractors, homebuyers, investors, the real estate industry (including local listing brokers), nonprofit housing and advocacy organizations, Federal, State and local governments and HUD staff.

The Federal Housing Administration (FHA), an organizational unit within HUD, administers the single-family mortgage insurance program. FHA insures approved lenders against the risk of loss on loans they finance for the purchase, and in some instances rehabilitation, of single-family homes. In the event of a default on an FHA insured loan, the lender acquires title to the property by foreclosure, a deed-in-lieu of foreclosure, or other acquisition methods, files a claim for insurance benefits and conveys the property to HUD. As a result of acquisitions through the mortgage insurance program and other programs, HUD has a need to manage and sell a sizable inventory of foreclosed single-family homes in a manner that promotes home ownership, preserves communities, and maximizes return to the FHA insurance funds. HUD is the largest single seller of real estate in the US.

HUD has identified primary objectives for its Asset Management services to analyze market and property conditions and develop a marketing strategy for the pricing and disposition of each property. The Contractor is required to list, market, select the best offer, execute sale documents, oversee the closing process, and ensure that sale proceeds are delivered to HUD in a no more than one (1) business day.
Asset Management services shall include:

? Transition In
? Marketing and Sales
? Inspections
? Data Updates
? Customer Service
? Required Reports
? Training
? Transition Out

HUD conducted significant market research in support of this requirement, including issuing a public Sources Sought notice in FedBizOpps, https://www.fbo.gov and GSA eBuy. Based on the results of the market research, HUD has determined that these opportunities will be set aside for small businesses under FAR Part 19, Total Small Business Set-aside. Offers received in response to the solicitation will be evaluated in accordance with FAR Part 15 procedures. The Government does not intend to use FAR Part 12 for this solicitation. The North American Industrial Classification System (NAICS) code for this acquisition is 531210, Office of Real Estate Agents and Brokers with an identified Business Size Standard of $7.5 million. HUD anticipates issuing a total of three (3) contracts, resulting in a single contract award for each of the three solicited areas.

The resultant contract (s) will be Hybrid, Indefinite Quantity/ Fixed-Price (Fixed Unit Rate) and Cost Reimbursement Award type contract, if awarded, will include a six (6) month base period, plus two twelve (12) month option periods. The solicitation is expected to be released on or about July 24, 2017. Proposals will be due 30 calendar days from the issuance date of the solicitation. In order to be eligible for award, firms must be registered in the System for Award Management (SAM) database under the corresponding NAICS code solicited and must meet any business size restrictions imposed under the set-aside. Businesses may obtain information on registration by calling 1-866-606-8220, or via the Internet at website www.fsd.gov. Upon issuance of the solicitation, the solicitation document(s) may be obtained via the Federal Business Opportunity website https://www.fbo.gov/index.

Please consult the list of document viewers if you cannot open a file.
Solicitation 1
Posted Date:
August 22, 2017
Description: 3.75 Asset Manager (AM) Solicitation
Description: 3.75 Attachment A1
Description: 3.75 Attachment A2
Description: 3.75 Attachment A3
Description: 3.75 Attachment A4
Description: 3.75 Attachment A6
Description: 3.75 Attachment A7
Description: 3.75 Attachment A8
Description: 3.75 Attachment A9
Description: 3.75 Attachment A10
Description: 3.75 Attachment A11
Description: 3.75 Attachment A12
Description: 3.75 Attachment A13
Description: 3.75 Attachment A14
Amendment 1
Posted Date:
August 25, 2017
Description: 3.75 Asset Manager (AM) Solicitation DU204SB-17-R-0003 Conformed Copy
Amendment 000001
Description: 3.75 Revised Attachment A4 Amendment 000001
Amendment 2
Posted Date:
September 5, 2017
Description: 3.75 Asset Manager (AM) Solicitation DU204SB-17-R-0003 Amendment 000002
Description: 3.75 Asset Manager (AM) NAICS Appeal Notice and Order
Amendment 3
Posted Date:
September 13, 2017
Description: 3.75 AM Solicitation DU204SB-17-R-0003, Amendment 000003, Extending the Receipt of Offers due date to September 26, 2017 @ 1:00 PM ET.
Amendment 4
Posted Date:
September 20, 2017
Description: 3. 75 Asset Manager Solicitation DU204SB-17-R-0003, Amendment 000004 which extends the Receipt of Offers to September 29, 2017 @ 1:00 PM ET.
Amendment 5
Posted Date:
September 25, 2017
Description: DU204SB-17-R-0003 Amendment 000005 which posts the SBA, OHA BLB NAICS Appeal Decision and changes the NAICS code for this solicitation to 531390- Other Activities Related to Real Estate, Size Standard $7.5 Million.
Description: SBA OHA, BLB NAICS Decision document.
Amendment 6
Posted Date:
September 26, 2017
3.75_AM_DU204SB-17-R-0003_Conformed_Amend_000006.pdf... (1,290.47 Kb)
Download/View 3.75_AM_DU204SB-17-R-0003_Conformed_Amend_000006.pdf
Description: 3.75 AM DU204SB-17-R-0003, Amendment 000006, Conformed Copy which incorporates changes to the solicitation, the Questions and Answers, and extends the Receipt of Offers to October 2, 2017 @ 1:00PM ET.
Description: 3.75 AM DU204SB-17-R-0003, Amendment 000006 Questions and Answers
Contracting Office Address :
40 Marietta Street
14th Floor
Atlanta, Georgia 30303-2806
Place of Performance :
Contractor Site

United States
Primary Point of Contact. :
F. Marie Myers,
Contracting Officer
Phone: 6787322903


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