Attachment 1 - Performance Work Statement (PWS).pdf

Attachment 1 – Performance Work Statement (PWS)

Solicitation No. 86615621R00004

Global Investors and Market Advisors

Performance Work Statement (PWS)

05/10/2021

Version 1.0

Vision Statement

1 General Information

1.1 Introduction

1.2 Background

1.3 Constraints

1.4 Description of Services

1.5 Non-Personal Services

1.6 Period of Performance

1.7 Place of Performance

1.8 Hours of Operation

1.9 Special Qualifications

1.10 Post Award/Kickoff Conference

1.11 Status Meetings

1.12 Contractor Travel

1.13 Transition In

1.14 Transition Out

2 Definitions and Acronyms

2.1 Definitions

2.2 Acronyms

3 Government-Furnished Property and Services

3.1 Government Services

3.2 Facilities

3.3 Equipment

3.4 Materials

3.5 Quality Assurance (QA)

4 Contractor-Furnished Items and Services

4.1 Facilities

4.2 Equipment

4.3 Material

4.4 Contractor Responsibilities

4.5 Contractor Personnel

4.6 Identification of Contractor Employees

4.7 Quality Control

4.7.1 Quality Control Plan

5 Specific Tasks

5.1 Global Investor Advisory Services

6 Deliverables

6.1 Quality Control Plan

6.2 Acceptance Criteria

7 Performance Requirements Summary

8 Related Documents

Performance Work Statement (PWS)

Global Investors and Market Advisor

Vision Statement

Ginnie Mae Mission is to: “bring global capital into the housing finance system - a system that runs through the core of our nation's economy - while minimizing risk to the taxpayer.”

With current $2.1 trillion Ginnie Mae Mortgage-Backed Securities, $400-500 billion are invested by foreign investors. With increasing competition in the global financial markets and potential impacts to FHA insured mortgages, this project is critically needed to strengthen and expand the network of Global Investors in the Government National Mortgage Association (Ginnie Mae) Securities. With the tremendous increase in global demand and the changing dynamics of the global capital markets, Ginnie Mae requires a global advisor to develop strategies, action plans, market intelligence for maintaining Ginnie Mae as a market leader and attracting global financial capital.

1 General Information

1.1 Introduction

The Ginnie Mae, Office of Capital Markets is seeking Contractor support to provide a full range of advisory services contributing towards Ginnie Mae’s housing finance programs by providing valuable monthly data and insight to the global investors, effective business development strategies and actionable recommendations, and tactical guidance to Ginnie Mae to expand its investor base. Services include:

• Global Market Research and Analysis

• Global Investors Intelligence

• Global Engagement Strategies

• Global Program Management

1.2 Background

As of December 2020, Ginnie Mae’s guaranteed Mortgage-Backed Securities (MBS) outstanding balance exceeded $2.1 trillion. A majority of the holders of these securities are global investors based outside of the US, accounting for roughly 30% - 40% of Ginnie Mae Mortgage-Backed Securities (MBS) portfolio. With the tremendous increase in global demand and the changing dynamics of the global capital markets, Ginnie Mae requires a global advisor that shall provide global capital markets related services to increase Ginnie Mae’s direct access to the global investor community, to provide research on portfolio investment trends, to facilitate geopolitical engagement, and to maintain Ginnie Mae as a market leader and attracting global financial capital.

1.3 Constraints

The Contractor shall adhere to the rules, regulations, laws, standards, and conventions (and any subsequent updates) identified by HUD as well as within the Federal Government. Constraints include the following:

• The contractor in preparation of reports shall provide disclosures pursuant to the information provided in reports and/or publications is for internal or external use by HUD/Ginnie Mae regarding all the information contained in the documentation is compliant with legal and regulatory standards.

• Contractor facilities must be located within the continental United States (US).

1.4 Description of Services

Global Investor Services are required to strengthen and expand the network of Global Investors in the Ginnie Mae Securities. With the tremendous increase in global demand and the changing dynamics of the global capital markets, Ginnie Mae requires a global advisor to maintain Ginnie Mae as a market leader and attracting global financial capital. Services shall include:

• Global Market Research and Analysis

• Global Investors Intelligence

• Global Engagement Strategies

• Global Program Management

Detailed descriptions of specific tasks are provided in Section 5 Specific Tasks and Deliverables

1.5 Non-Personal Services

The Government will neither supervise Contractor employees nor control the method by which the Contractor performs the required tasks. Under no circumstances shall the Government assign tasks to, or prepare work schedules for, individual Contractor employees. It shall be the responsibility of the Contractor to manage its employees and to guard against any actions that are of the nature of personal services or give the perception of personal services.

If the Contractor believes that any actions constitute, or are perceived to constitute personal services, it shall be the Contractor's responsibility to notify the Contracting Officer (CO) immediately. These services shall not be used to perform work of a policy, decision making, or management nature, i.e., inherently Government functions. All decisions relative to programs supported by the Contactor shall be the sole responsibility of the Government.

1.6 Period of Performance

The period of performance will be for one (1) base period of 12 months and four (4) 12-month option periods.

1.7 Place of Performance

The place of performance for this contract will be at the Contractor's worksite.

1.8 Hours of Operation

N/A

1.9 Special Qualifications

N/A

1.10 Post Award/Kickoff Conference

The Contractor shall attend any post award conference convened by the contracting activity or contract administration office in accordance with FAR Subpart 42.5. The Government intends to convene a Post Award Conference with the Contractor within ten business days after contract award. The Contracting Officer will notify the Contractor of the specific date, location, and agenda within five business days after contract award.

1.11 Status Meetings

The Contracting Officer, Contracting Officers Representative (COR) and other Government personnel, as appropriate may meet periodically with the Contractor to also review Contractor performance, requirement status, etc. At these meetings, the Contracting Officer will apprise the Contractor of how the Government views the Contractor's performance or progress of the requirement. The Contractor will apprise the Government of problems, if any, being experienced. Appropriate action shall be taken to resolve outstanding issues. These meetings shall be at no additional cost to the Government. Post Award Conference and subsequent meetings may be held via teleconference.

1.12 Contractor Travel

Prior to travel, the Contractor shall coordinate with and receive Government authorization from the COR for all travel. Reimbursement of travel costs will be in accordance with the Federal Travel Regulation and in accordance with FAR 31.205-46. The Contractor shall travel using the lower cost mode transportation commensurate with the mission requirements. When necessary to use air travel, the Contractor shall use the tourist class, economy class or similar lodging accommodations to the extent they are available and commensurate with the mission requirements. HUD will not reimburse Contractor's local travel. Local travel is defined as travel within fifty (50) miles of Washington, DC. All other travel will be reimbursed on a cost reimbursable basis; no profit or fee will be paid.

1.13 Transition In

The Contractor shall, upon the Contracting Officer's written notice, furnish Transition-In services. As a successor, the Contractor shall have sufficient personnel on board during the 5-business day Transition- In period to ensure a smooth transition with the incumbent Contractor. The Contractor shall provide an orderly transition of work acceptance and accomplishment such that any impact to the program is minimized. During the Transition-In period, the Contractor shall become familiar with the requirements in order to commence full performance of services by the end of the contract Transition-In period.

1.14 Transition Out

To minimize any decrease in productivity and to prevent possible negative impacts on additional services, the Contractor shall have sufficient personnel on board during the 5- business day Transition- Out period. The incumbent Contractor shall ensure a smooth transition with the successor Contractor during the Transition-Out period, prior to completion of contractual performance. The incumbent Contractor shall aid the successor in the development of plans, procedures, and methods for the assumption of all on going work. The Contractor shall provide an orderly transition of work acceptance and accomplishment, such that full control by the successor Contractor is achieved by the end of the new contract Transition-In period.

2 Definitions and Acronyms

2.1 Definitions

Business/Workdays - Every official workday of the week which are days between and including Monday to Friday. This does not include public holidays and weekends.

Contractor - A supplier or vendor awarded a contract to provide specific supplies or service to the Government. The term used in this contract refers to the prime.

Contracting Officer (CO) - A person with authority to enter into, administer, and/or terminate contracts and make related determinations and findings on behalf of the Government. Note: the only individual who can legally bind the Government.

Contracting Officer's Representative (COR) - An employee of the U.S. Government appointed by the

Contracting Officer to perform contract administration activities in regard to technical issues. This individual has authority to provide technical direction to the Contractor as long as direction is within the scope of the contract, does not constitute a change and has no funding implications. This individual does NOT have authority to change the terms and conditions of the contract.

Defective Service - A service output that does not meet the standard of performance associated with the Performance Work Statement.

Deliverable Anything that can be physically or electronically delivered but may include non-manufactured things such as meeting minutes or reports.

Performance Work Statement (PWS) - A statement of work for performance-based acquisitions that describe the required results in clear, specific, and objective terms with measurable outcomes.

Quality Assurance (QA) - Policies and procedures adopted by the Government to ensure that supplies and services acquired under Government contracts conform to the contracts quality requirements.

Quality Assurance Surveillance Plan (QASP) - A plan describing how the agency will survey, observe, test, sample, evaluate and document the Contractor's performance in meeting critical performance standards identified in the contract.

Quality Control (QC) - All necessary measures taken by the Contractor to assure that the quality of an end product of service shall meet contract requirements.

Subcontractor - Any entity , in connection with a government contract, who offers to furnish or furnishes any supplies, material, equipment, or services of any kind under a prime contract or a subcontract entered into in connection with such prime contract, and any person who offers to furnish or furnishes general supplies to the prime contractor or a higher tier subcontractor. The Government does not have privity of contract with a subcontractor.

Think Tanks – is a research institute that performs research and advocacy concerning topics such as social policy, political strategy.

Visit – is defined as in person travel to regions of the world to meet face-to-face with institutional investors.

Virtual Meeting– is defined a meeting with institutional investors via Zoom, Microsoft Teams, WebEx, etc.

Work Week - Monday through Friday, unless specified otherwise.

2.2 Acronyms

AQL - Acceptable Quality Level

CFR - Code of Federal Regulations

CO - Contracting Officer

COR - Contracting Officer Representative

EST - Eastern Standard Time (U.S.)

HUD - U.S. Department of Housing and Urban Development

HUDAR - HUD Acquisition Regulation

MBS – Mortgage-Backed Securities

PM - Project Manager

POC - Point of Contact

QA - Quality Assurance

QASP - Quality Assurance Surveillance Plan

QCP - Quality Control Plan

3 Government-Furnished Property and Services

The Contractor shall ensure accurate control and accountability of all Government-Furnished Property in accordance with the terms and conditions of this contract. The Government will furnish, at no cost to the Contractor, the GFP shown below.

3.1 Government Services

No Government services will be provided.

3.2 Facilities

No facilities will be provided by the Government.

3.3 Equipment

No equipment will be provided by the Government.

3.4 Materials

No materials will be provided by the Government.

3.5 Quality Assurance (QA)

The Government shall evaluate the Contractor's performance under this contract in accordance with the Quality Assurance Surveillance Plan. This plan is primarily focused on what the Government must do to ensure that the Contractor has performed in accordance with the performance standards. It defines how the performance standards will be applied, the frequency of surveillance, and the minimum acceptable quality level.

4 Contractor-Furnished Items and Services

The Contractor shall furnish, all facilities, equipment, and supplies required to perform the work under this contract that are not listed under Government-Furnished Property and Services.

4.1 Facilities

The Contractor shall furnish all facilities, equipment, and supplies required to perform the work under this contract that are not listed under Government-Furnished Property and Services.

4.2 Equipment

The Contractor shall furnish facilities required to perform the work under this contract that are not listed under Government-Furnished Property and Services.

4.3 Material

The Contractor shall furnish all supplies and materials required to perform the work under this contract that are not listed under Government-Furnished Property and Services.

4.4 Contractor Responsibilities

The Contractor shall only conduct business with designated Government personnel listed as points of contact (POCs). Names of authorized personnel shall be provided to the Contractor by the Government, in writing, and updated as necessary throughout the contract period.

U.S. Government records, copies of original results and reports, verified original data, corrected data, and corrected supporting final reports which are maintained by the Contractor remain the property of the U.S. Government. These files/results must be surrendered to the COR.

4.5 Contractor Personnel

The Contractor shall provide a Contract/Project Manager who shall be responsible for the performance of work. An alternate shall also be designated to act in the absence of the Contract/Project Manager. These Contractor personnel (main point of contact and alternate point of contact) are considered Key Personnel by the Government and shall be listed as such in accordance with HUDAR 2452.237-70, "Key Personnel. The Contract/Project Manager and alternate shall have full authority to act on all contact matters relating to daily operations of this contract. Accordingly, at a minimum, the points of contact shall have the technical knowledge of the requirement and be in the position to actually receive assignment, guidance, and direction from the COR, PM, and CO per HUDAR 2452.237- 73, "Conduct of Work and Technical Guidance" and shall be allocated enough hours to the requirement to ensure successful performance. These points of contact shall each be an employee of the Contractor. An employee of a subcontractor is not acceptable for either of these positions. The Contract/Project Manager or alternate shall be available between the hours of 8:00am to 4:30pm Monday through Friday EST, except Federal Holidays or when the Government facility is closed for administrative reasons.

4.6 Identification of Contractor Employees

All Contractor/subcontractor personnel shall wear company picture identification badges as to distinguish themselves from Government employees. When conversing with Government personnel during business meetings, over the telephone, or via electronic mail, Contractor/subcontractor personnel shall identify themselves as such to avoid situations arising where sensitive topics might be better discussed solely between Government employees. Contractors/subcontractors shall identify themselves on any attendance sheet or any coordination documents they may review. Electronic mail signature blocks shall identify their company affiliation. Where practicable, Contractor/subcontractors occupying collocated space with their Government program customer shall identify their workspace area with their name and company affiliation, or at a minimum, "Contractor" after name.

4.7 Quality Control

The Contractor shall establish and maintain a complete quality control program that shall ensure services are performed in accordance with this contract. The Contractor shall develop and implement procedures to identify, prevent, and ensure non-reoccurrence of defective services. The Contractor's quality control program is the means by which it assures that work complies with the requirements of the contract. The Contractor shall provide the associated Quality Control Plan to the Government as directed.

4.7.1 Quality Control Plan

The Contractor shall develop, maintain, enforce, and document a Quality Control Plan (QCP). The QCP shall ensure the Government receives the level of quality that is consistent with the requirements specified in this contract. The QCP shall be sufficiently detailed to provide the Contractor's methodology for identifying and recruiting qualified personnel. The QCP shall also provide the Contractor's methodology for resolving problems identified by the Government during reviews conducted in accordance with its Quality Assurance Surveillance Plan (QASP). The QCP shall also provide the Contractor's methodology for establishing an internal feedback system for support personnel, and for resolving problems identified by that feedback system. The QCP shall demonstrate and validate that the services or deliverables to be provided under the contract are completed with a level of quality that meets the minimum performance threshold established in the Government's QASP. The QCP shall address Quality Management Approach, Quality Assurance, Quality Control and Quality Standards.

5 Specific Tasks

5.1 Global Advisory Services

The purpose of this task is to provide a full range of advisory services to Ginnie Mae to assist Ginnie Mae’s in accomplishing the objectives of the Global Investor program. The Contractor is responsible for advising Ginnie Mae on any and all fluctuations affecting the Global MBS Market which should cause harm to Ginnie Mae’s portfolio of $2 trillion invested by hundreds of institutions worldwide.

5.1.1 Global Markets Analysis

The Contractor shall prepare a Global Market Analysis (GMA) report in writing addressing investor community characteristics in terms of demand, decision making process, and potential global macroeconomic issues that will affect the foreign holding of Ginnie Mae securities and Ginnie Mae’s global competitiveness on a set monthly schedule. This report will provide comprehensive analysis on current and future trends of economic, financial, and geo-political situations that will affect institutional investors and their MBS holdings.

The Global Markets Analysis data publication should provide a monthly snapshot of the US mortgage market with a strong emphasis on Ginnie Mae’s role from a policy and capital markets perspective. This report should contain latest data and analyses of policy, regulatory, or industry developments affecting Ginnie Mae, the housing mortgage market, or global institutional investors such as Official Institutions, Sovereign Wealth institutions, pensions, private-sector institutions that have or are considering investment allocation in the Mortgage-Backed Securities (MBS) sector, including but not limited to mortgage originations, Mortgage-Backed Securities (MBS) issuances, delinquencies, credit availability, first-time homebuyers, prepayments.

In order to provide regular monthly updates and customized analysis of current trends, market outlook, and changing market dynamics related to the general market, the Government has a requirement to provide monthly reporting of any impact on Ginnie Mae and Ginnie Mae Securities. The publication should cover the broad US mortgage market with a strong emphasis on Ginnie Mae’s role from a public policy, industry, regulatory, and capital markets perspective.

Performance Standards:

STD: Draft document delivered by the 15th of the month for review and approval by Contracting Officer Representative (COR). Global Market Analysis will be delivered in .PDF format along with back-up data utilized to produce report.

AQL: Two (2) business day deviation from standard.

STD: Provide Final document for publication by the 20th day of the month. Global Market Analysis will be delivered in .PDF format along with back-up data utilized to produce report.

5.1.2 Global Investor Intelligence

The Contractor shall perform investigation and data gathering about current and potential global investors and shall produce comprehensive global reports by obtaining market-based and market driven perspectives of global investors in the fixed-income or structured finance market segment and understanding their preferences and needs. The Government has the need for analytical reporting focusing on investors, the drivers of their demands and the primary factors affecting their investment decisions. Analytical reports on global investors should include a list of institutional and non-institutional investors (as available), the driver of investor demands, and primary factors that affect their investment decisions as well as on Ginnie Mae’s investment holdings by major Ginnie Mae investors broken down in different categories that include, but not limited to, product type, structure, and region.

The Contractor shall conduct in-depth study on selected subject areas identified by Ginnie Mae for making decisions on managing global investor relations. The information and decision-making factors that investors or fund managers use to judge Ginnie Mae securities’ competitiveness will need to be clearly articulated. The intelligence gathered will assist Ginnie Mae Office of Capital Market to understand investors’ intent to buy, hold, and sell Ginnie Mae securities. Primary categories of investors will include, but not limited to central banks, insurance companies, sovereign wealth funds, and international institutional investment firms.

Specific tasks include:

• Prepare comprehensive global intelligence reports.

• Prepare Ginnie Mae overview and value proposition.

• Conduct investigations and analyze fund management portfolios of selected countries, institutional investors, and monetary authorities that may be involved in the MBS, treasury notes, and other securities markets.

• Conduct policy research and policy exchange activities on cutting edge issues that can bring long term growth of Ginnie Mae products and strengthen Ginnie Mae’s global leadership in the housing finance and MBS markets.

Performance Standards:

STD: Draft and Final document delivery will be delivered on a quarterly basis. Reports will be provided Word, Excel, Power Point and/or .PDF as determined by the Contractor when producing the report.

Provide back-up data utilized to produce report.

AQL: 2 business day deviation from delivery due date.

5.1.3 Global Engagement Strategies

The Contractor shall increase Ginnie Mae’s reach to the global investor community by increasing access to global official and private institutions investor community. The Contractor shall focus on addressing and responding to the needs of global investors by providing effective strategic planning and education on Ginnie Mae Securities with semi-annual updates to be delivered by Ginnie Mae leadership to Official Institutions, Sovereign Wealth Funds, Public and Private Pension Funds, Banks, Insurance Companies, and other Global Investments Consultants. The Contractor shall assist in setting up face-to-face communication with investors and portfolio managers in private and public forums in the U.S. and other countries to discuss issues and policies related to Ginnie Mae products and housing market. The Contractor shall also identify forums, roundtable discussions and conferences for Ginnie Mae’s participation as keynote speaker and also to participate in investor or non-investors, U.S. government or non-U.S. government, third party discussions that lead to knowledge building for Ginnie Mae management team to make decisions on product development.

• Facilitate face-to-face meetings with Senior Level Officials from Central Banks, Sovereign Wealth Funds, Pension Funds, Insurance Companies, Institutional Investors and Global MBS Market leaders.

• Conduct joint seminars, forums, or conferences in collaboration with academic institutions and international think tanks, in the U.S. and overseas locations to discuss with Ginnie Mae partners and investors on findings or trends from Ginnie Mae and Contractor’s studies.

• Produce presentations for Ginnie Mae staff to deliver during 1-1 meetings with investors and at industry roundtables and conferences.

• Assist in face-to-face communication with investors and portfolio managers in private and public forums in the U.S. and other countries to discuss issues and policies related to Ginnie Mae products and housing market.

• Participate in investor or non-investors, U.S. Government or non-U.S. Government, third party discussions that lead to knowledge building for Ginnie Mae management team to make decisions on product development.

STD: The Contractor shall deliver four (4) new regional point of contacts including but not limited to Central Banks, Sovereign Wealth Funds, Pension Funds, Insurance Companies, Institutional Investors and Global MBS Market leaders and set one (1) visit to a region within the base year with 4 additional new regional point of contacts and three (3) visits per subsequent option years for a total of twenty (20) new point of contacts and ten (10) visits.

AQL: 20 new regional point of contact and 10 visits (travel to or virtual) from standard.

STD: Identify and participate in 2 Ginnie Mae approved Forums and Conferences for Ginnie Mae personnel as keynote speakers within the base year with 2 Forums and Conferences per subsequent option years for a total of 10 Forums and Conferences.

AQL: Participation in five (5) Forums or Conferences from standard.

5.1.3.1 Global Program Management and Support Services

The Contractor shall assist in Strategic Development Action Planning to expand Ginnie Mae’s access to global decisionmakers who have political and financial influence in purchasing and holding Ginnie Mae securities.

• Prepare business development action plans with specific recommendations on Ginnie Mae market development and investor engagement plan.

• Perform yearly assessment of Office of Capital Market’s global market development plans based on metrics established at the beginning of each project year.

• Participate in collaborative discussions, knowledge-sharing sessions, and project meetings with Ginnie Mae Office of Capital Market.

• Build Ginnie Mae Global Intelligence Network by compiling a Global Investors Database. The database will include, but is not limited to, central banks, sovereign wealth funds, institutional investors, banks, money managers and academics. This database should include a minimum company contact information, name and title of person or persons met during meetings, when visited, etc.

• Submit to COR a Monthly Project Status Report for Global Engagement Strategies providing the activities performed and actual progress. The Monthly Project Status Report shall be current as of the last business day of the month.

• The monthly status report shall include:

o A brief, factual summary description of client engagement progress made during the monthly reporting period. Identify significant problems and their impacts, causes, proposed corrective actions, and the effect that such corrective actions will have on the accomplishments of the contract objectives.

o A schedule status and/or degree of completion of tasks/activities by time intervals.

o A monthly Program Status Report on deliverables, budget status, personnel, performance evaluation, and contract related issues.

STD: Yearly Program Status are submitted fifteen (15) business days before the end of the performance year.

AQL: 2 business day deviation from standard.

STD: Monthly Program Status are submitted within 5 business days after the end of the reporting month with a monthly meeting between Ginnie Mae and The Contractor to review program status, discuss accomplishments and challenge’s and to set priorities for the upcoming month(s).

AQL: 2 business day deviation from standard.

6 Deliverables

The Contractor shall complete all work and submit all deliverables as specified herein. The Government reserves the right to make changes to delivery dates.

Number Name Frequency Quantity

B001 Global Market Analysis Monthly 1

• Global Market Analysis Report.

B002 Global Investor Intelligence Quarterly 1

• Comprehensive Global Intelligence Report.

B003 Global Engagement Strategies Quarterly 1

• Regional Contacts List/Action Plan

B004 Global Program Management and Support

Services

Monthly 1

• Program Status Report

6.1 Quality Control Plan

The Contractor's QCP shall be delivered to the COR within 30 days after contract award (or with the Contractor's proposal if it is an evaluation factor). A revised copy of the QCP shall be submitted to the COR within 5 business days of any changes made thereafter.

6.2 Acceptance Criteria

Acceptance of all deliverables shall be submitted in a draft format agreed upon by the Contractor and the Government. Upon review and acceptance by the Government, the Contractor shall address all Government comments and submit a final draft within 5 business days of the Government notification.

7 Performance Requirements Summary

The summary chart below lists the contract's primary requirements, the associated performance standards, the expected target performance, and the methods of surveillance. While some contract requirements may not be listed in the chart below, requirements not appearing on the PRS chart do not negate the Contractor's obligation to perform all requirements as specified in the contract. Additionally, HUD reserves all rights and remedies under the provisions and clauses of the contract when performance of any contract requirement, whether or not listed below, is unacceptable.

HUD will develop a Quality Assurance Surveillance Plan to be used to provide contract oversight. In conjunction with the Contractor's Quality Control Plan and various other methods of assessing performance, the COR and PM may perform on-site reviews and/or other types of verification to determine that the specified target performance requirements have been met.

Regular review of Contractor performance is critical to the overall success of the contract. On a monthly basis, the COR will evaluate the quality of the product or services.

Performance Requirement Summary (PRS)

Statements Standards/AQLs Incentive/Remedy

5.1.1 Global Market

Analysis

STD: Draft document delivered by the 15th of the month for review and approval by Contracting Officer Representative (COR). If the 15th day of the month falls on a weekend document to be delivered on the next business day.

Global Market Analysis will be delivered in .PDF format along with back-up data utilized to produce report.

AQL: 2 business day deviation from standard.

STD: Provide Final document for publication by the 20th day of the month. If the 20th day of the month falls on a weekend document to be delivered on the next business day.

Global Market Analysis will be delivered in .PDF format along with back-up data utilized to produce report.

AQL: 2 business day deviation from standard.

The Contractors invoice would be deducted at 0.1% deduction from the associated monthly LIN price which will be assessed each day of non-compliance.

5.1.2 Global Investor

Intelligence

STD: Draft and Final document delivery will be delivered on a quarterly basis. Reports will be provided Word, Excel, Power Point and/or .PDF as determined by the Contractor when producing the report. Provide back-up data utilized to produce report.

delivery due date.

from the associated monthly LIN price which will be assessed each day of non-compliance.

5.1.3 Global Engagement

Strategies

STD: The Contractor shall deliver four (4) new regional contacts including but not limited to Central Banks, Sovereign Wealth Funds, Pension Funds, Insurance Companies, Institutional Investors and Global MBS Market leaders and set 1 visit to a region within the base year with 4 additional new regional contacts and 3 visits per subsequent option years for a total of 20 new contacts and 10 visits.

AQL: 20 new regional contact and 10 visits from standard.

STD: Identify and participate in 2 Ginnie Mae approved Forums and Conferences for Ginnie Mae personnel as keynote speakers within the base year with 2 Forums and Conferences per subsequent option years for a total of 10 Forums and Conferences.

AQL: Participation in 5 Forums or Conferences from standard.

from the associated monthly LIN price which will be assessed each day of non-compliance.

5.1.3.1 Global Program

Management and Support Services

STD: Yearly Program Status are submitted 15 business days before the end of the performance year.

AQL: 2 business day deviation from standard.

STD: Monthly Program Status are submitted within 5 business days after the end of the reporting month with a monthly meeting between Ginnie Mae and The Contractor to review program status, discuss accomplishments and challenge’s and to set priorities for the upcoming month(s).

from the associated monthly LIN price which will be assessed each day of non-compliance.

standard.

8 Related Documents

The Contractor shall abide by all applicable financial regulations, publications, manuals, policies, and procedures in the performance of this contract including but not limited to data sourcing use of public data.