HLCUT Vendor Questions.xlsx

XLSX spreadsheet 12 KB Posted

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HECM Loan Comparison and Underwriting Tool (HLCUT) for Home Equity Conversion Mortgage (HECM)
Solicitation number
86615624R00007
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This document appears to be a set of questions and answers related to a Performance Work Statement (PWS) for a HECM Loan Comparison and Underwriting Tool (HLCUT) for the Department of Housing and Urban Development (HUD), Office of Housing Counseling (OHC).

The PWS outlines requirements for the contractor to provide access to the HLCUT for existing HECM roster counselors, with the counselor list to be provided by the Contracting Officer's Representative (COR) in an Excel spreadsheet format. The contractor is required to report on HLCUT usage by agency, counselor, and other users. The PWS also specifies 30-day transition-in and transition-out periods. Pricing details include a "Not to Exceed (NTE) Other Direct Costs for IT Components" line item, for which the amounts differ between attachments. The incumbent contractor is Ibis Software Corporation, and the solicitation will not be extended. The HLCUT is an existing requirement, not a new one.

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PWS Q&As

HLCUT Questions

Page No.Section ReferenceQuestion/CommentsAnswer
16Performance Work Statement (PWS), Section 5.2 HECM Loan Comparison and Underwriting ToolThe Contractor shall provide access to the HLCUT to existing HECM roster counselors from a list provided by the COR.” In what format is the list provided by the COR (ie: spreadsheet, XML file)?The list will be provided in an excel spreadsheet format.
16Performance Work Statement (PWS), Section 5.2 HECM Loan Comparison and Underwriting ToolThe Contractor shall provide access to the HLCUT to existing HECM roster counselors from a list provided by the COR.” 2. Does the list provided by the COR highlight changes (ie: additions, deletions)?Changes may not be specifically identified within the spreadsheet when provided.
18Section 5.3.3 Reporting
What is the HLCUT use volume by agency?
200 agency staff members (counselors and intake) accessed the tool (Month of June)
18Section 5.3.3 ReportingWhat is the HLCUT use volume by counselor?103 housing counseling agencies accessed the tool
18Section 5.3.3 Reporting
What is the HLCUT use volume by others (ie: non-counselor/admin people)?This is extremely low as not many others outside HECM roster counselors have access.
19Section 5.4 Transition ServicesIs the 30-day Transition-In Period and 30-day Transition-Out Period calendar days
or business days?Calendar days.
19Section 5.4 Transition ServicesPlease confirm that the incumbent Contractor has a 30-day Transition-Out Period in
the existing Contract, and will be providing support?Confirmed
NAAttachmentsCan you please provide a definition or explanation for “NTE Other Direct Costs for IT Components LINThis is a cost intended to apply dollar-for-dollar for IT expenses directly related to physical components required by the Contractor. This amount may be zero, but may not exceed the identified amount.
NAAttachmentsNTE Other Direct Costs for IT Components LIN is pre-populated, is this a hard number? If so, why are the amounts for Option 1 different on Attachment 3 ($20,000) and Attachment 4 ($30,000)?the NTE costs are not to exceed that amount. Attachements have been updated.
NAIs this a new requirement?No, this is not a new requirement.
NAIf its not a new requirement, who is the incumbent?The current incumbent is Ibis Software Corporation
NAIf it’s a new requirement, would you consider extending the due date by two (2) weeks?The solicitation will not be extended.

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