Closed Solicitation · DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT

    MULTI-FAMILY MASTER SUB-SERVICER (MF MSS) SUPPORT SERVICES

    DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT
    Sol. 86615524R00007Combined Synopsis/SolicitationWASHINGTON, DC
    Closed
    STATUS
    Closed
    closed Sep 1, 2024
    POSTED
    Aug 14, 2024
    Publication date
    NAICS CODE
    523150
    Primary industry classification
    PSC CODE
    R408
    Product & service classification

    AI Summary

    The U.S. Department of Housing and Urban Development (HUD) is seeking contractors to provide support services for Multifamily (MF) loans, specifically focusing on servicing Ginnie Mae loans from terminated Issuers and assisting in the removal of MF Issuers from Ginnie Mae's Mortgage-Backed Securities (MBS) program. This opportunity is structured as a single award Indefinite Delivery Indefinite Quantity (IDIQ) contract, which will include Firm Fixed Price (FFP), Time and Materials (T&M), and hybrid task orders. The total program ceiling is set at $25 million over a three-year period,

    Contract details

    Solicitation No.
    86615524R00007
    Notice Type
    Combined Synopsis/Solicitation
    Posted Date
    August 14, 2024
    Response Deadline
    September 1, 2024
    NAICS Code
    523150AI guide
    PSC / Class Code
    R408
    Contract Code
    8600
    Primary Contact
    Cheri Redding
    State
    DC
    ZIP Code
    20410

    Description

    The U.S. Department of Housing and Urban Development (HUD), located in Washington D.C., requires contractors to provide support to service Multifamily (MF) loans. Services shall include servicing Ginnie Mae loans from terminated Issuers and provide support services to extinguish Multifamily (MF) Issuers from Ginnie Mae’s Mortgage-Backed Securities (MBS) program.  A single award Indefinite Delivery Indefinite Quantity (IDIQ) contract with Firm Fixed Priced (FFP), Time and Materials (T&M), and hybrid task orders are anticipated. The anticipated program ceiling is $25,000,000.00 over the three (3) year ordering period (12-month base, 12-month Option 1 and 12-month Option 2). The minimum guaranteed amount for this requirement is $10,000.00 and will be issued as the first task order under each contract for work that is to be performed sometime during the three (3) year ordering period. This requirement is being competed on a full and open or unrestricted basis utilizing the policies and procedures of Federal Acquisition Regulation (FAR) Part 12 - Acquisition of Commercial Items in conjunction with FAR Part 15 Types of Contracts supplemented by HUD Acquisition Regulation. The government will utilize a best value trade off process; thus, the Government may award to other than the lowest priced Offerors or other than the Offerors with the highest rated.  The Government will evaluate proposals to determine the best value to the Government.

    Key dates

    1. August 14, 2024Posted Date
    2. September 1, 2024Proposals / Responses Due

    Frequently asked questions

    MULTI-FAMILY MASTER SUB-SERVICER (MF MSS) SUPPORT SERVICES is a federal acquisition solicitation issued by DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT. Review the full description, attachments, and submission requirements on SamSearch before the response deadline.

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