Federal Bid

Last Updated on 17 Jan 2018 at 9 AM
Special Notice
Location Unknown

Notice of Intent to Sole Source for Multifamily Mortgage Loan Servicing Services

Solicitation ID 86543G18C00005
Posted Date 22 Dec 2017 at 1 PM
Archive Date 17 Jan 2018 at 5 AM
NAICS Category
Product Service Code
Set Aside No Set-Aside Used
Contracting Office Office Of Support Operations, No
Agency Department Of Housing And Urban Development
Location United states

The U.S. Department of Housing and Urban Development (HUD) intends to negotiate and award a sole source contract to Dynaxys LLC, 11911 Tech Road, Silver Spring, Maryland, 20904 under the authority of FAR 6.302-2 Unusual and Compelling Urgency.

The Office of Multifamily Housing, Asset Management with their Federal Housing Administration (FHA) Programs is responsible for assisting multifamily mortgages and property inventories under a variety of FHA programs. The Department assumes the role of mortgagee or lender when the borrower defaults on the loan.

The Mortgage Loan Servicing (MLS) is for Conventional, Mark-to Market (M2M) and DEMO notes, property disposition portfolio services, as well as accounting services for all HUD-held notes. The work encompasses a broad but integrated set of functions for HUD-held notes and properties. MLS is a high priority and critical to the successful performance of mortgage loan servicing functions. MLS for mortgage and property servicing entails not only financial aspects of the HUD-held first, second and subordinate notes, mortgage portfolios and properties, but also requires response to a wide variety of incoming inquiries from HUD personnel, borrowers, auditors, billing agents, vendors attorneys and local taxing authorities.

The period of performance is for a 6-month base period. The NAICS code is 522390 and the size standard is $20.5 million. 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 Carmen Calloway at the email address below by 10:00 AM Eastern Standard Time on January 2, 2017. 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 Dynaxys LLC. The anticipated award date of this requirement is no later than January 7, 2018. No collect calls will be accepted. If you have any questions regarding this announcement, please contact: [email protected].

Bid Protests Not Available

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