Attachment A - Statement of Work.docx

Statement of Work Federal Housing Finance Agency MF Market Data

Purchase Order # FHF-XXXX

STATEMENT OF WORK

Commercial Real Estate Debt Funds Data (Multifamily)

1. BACKGROUND:

The Federal Housing Finance Agency (FHFA) was created by the Housing and Economic Recovery Act of 2008 (HERA) to regulate and supervise Fannie Mae, Freddie Mac, and the 11 Federal Home Loan Banks (jointly, the “regulated entities”). HERA combined three organizations, the Office of Federal Housing Enterprise Oversight, the Federal Housing Finance Board, and a group from the Department of Housing and Urban Development, which collectively had previously regulated these entities.

The Office of Multifamily Analytics and Policy (OMAP) of the Division of Housing, Mission and Goals (DHMG) has a requirement for a commercial real estate debt funds data.

As part of the ongoing monitoring of commercial real estate debt funds activity, OMAP needs a data source that has the most extensive coverage of commercial real estate debt funds, including multifamily as well as wide-ranging and in-depth details about those funds and their activity.

2. SCOPE:

The minimum required data is as follows:

· Dynamic, updated details on funds, investors, capital raised, capital deployed and available capital for each commercial real estate debt fund including multifamily.

· Ongoing updated list of commercial real estate debt funds, including multifamily.

· Name of fund

· Inception year

· Status

· Strategy

· Geographic focus

· Fund size

· Target Size

· Close date

· Investors

· Historical and current data of all commercial real estate debt funds focusing on those with multifamily allocations.

· Number of funds

· Aggregate capital raised

· Average size

· Strategy

· Target size

· Dry powder

· Unrealized value

· Profile of each commercial real estate debt fund with all accompanying information.

· Fundamentals

· Status of fund

· Strategy of fund

· Date added

· Fund Structure

· Fund structure

· Domicile

· Asset Under Management details

· Open end fund details

· Inception date

· Open to investment status

· Closed end fund details

· Inception year

· Fund size

· Fund raising and target returns details

· Target returns

· Fund raising details

· Initial Target

· Hard Cap

· Co-investment opportunities

· Geographic preferences

· Geographic allocations details

· Investment strategy criteria filters

· Industries

· Private Equity

· Real Estate

· Infrastructure

· Private debt

· Fund Terms

· Access to all regulatory and other-related information

Additional Data Requirements, Services, and Information The Contractor’s commercially available data product, at a minimum, must include:

· Access for at least ten (10) concurrent FHFA authorized users, not including an IT support person. The need for additional users may arise in the future and the resulting purchase order can be modified, as appropriate, for a negotiated, in-scope increase in-line with the Contractor’s customary commercial practices.

· Authorized end users may simultaneously use the data and be from multiple divisions across FHFA and may access and use the product from their official duty stations or remotely via FHFA’s virtual private network (VPN) when such end users are conducting business for the benefit of FHFA.

· Notwithstanding any language to the contrary in the Contractor’s license agreement, FHFA is permitted to use the data for official Government purposes including, but not limited to, reports, presentations, graphs, public releases, other publications, and examination of the regulated entities. Where appropriate, the Contractor will be cited as the data provider for such reports, presentations, graphs, public releases, and other publications, in a commercially reasonable manner.

· Information technology (IT) help-desk support services, through email and/or telephone, at no additional cost beyond the cost of the product license. The support shall be comparable to the support it provides to other customers. Help-desk support services include, but are not limited to, troubleshooting errors, login/access issues, questions related to the product (i.e., IT/technical issues), etc.

· Subject matter expert/technical support services, through email and/or telephone, at no additional cost beyond the cost of the product license. The support shall be comparable to the support it provides to other customers. Subject matter expert/technical support services include, but are not limited to, answering data-specific questions, data validation issues, data updates, etc.

· Initial set-up and configuration of the data and search capabilities, if any, on an enterprise-basis (i.e., any overall FHFA-specific account set up).

· Training on the data for new users through, but not limited to, electronic user manuals and interactive training such as conference call, remote slideshow presentations, web-based interactive meeting/test environment webinars, etc. at no additional cost beyond the cost of the product license. The training shall be comparable to the support it provides to other customers.

3. ACCESS

Data Access Data will be accessed and retrieved by logging into Contractor’s web platform.

Data Quality Contractor will perform electronic data processing production, including edit checks and data purification efforts, archiving, and safeguarding the information.

4. LICENSE AGREEMENT REQUIREMENTS

The license agreement for the data product, at a minimum, must include and/or conform to the following requirements:

· At the termination or expiration of the license agreement, FHFA shall have the right to maintain and use indefinitely print or electronic copies of its reports, presentations, or other content created in accordance with the license agreement;

· Authorized end users may simultaneously use the product and be from multiple divisions across FHFA, and may access and use the product from their official duty stations or remotely via FHFA’s virtual private network (VPN) when such end users are conducting business for the benefit of FHFA;

· FHFA does not permit compliance audits; however, the license agreement may require that FHFA will provide written assurance of its compliance or other alternative agreed to in writing by the Contracting Officer;

· The license agreement shall not include an indemnification of the Contractor by the FHFA;

· The license agreement shall be governed by, and construed in accordance with, the federal laws of the United States of America;

· The Contractor shall represent and warrant that it makes commercially reasonable efforts to ensure that the software, data, or product as applicable is free of any viruses, worms, Trojan horses, malware, and/or other malicious code;

· The license agreement shall not include terms that authorize assignment of the purchase order except in accordance with Federal Acquisition Regulation Subpart 42.12;

· Contractor shall acknowledge and agree that if there is a conflict between the terms and conditions of the license agreement and those of the purchase order, the purchase order governs;

· The license agreement shall permit FHFA to use the data product for official Government purposes, including but not limited to reports, presentations, graphs, public releases, other publications, and examination of the regulated entities;

· The license agreement may acknowledge that FHFA is a federal government agency and is exempt, by law, from the payment and collection of sales taxes; and

· The license agreement shall be subject to the terms and conditions in the FHFA Subscriber Addendum (Attachment D).

5. SECURITY

In the event that the Contractor may visit FHFA Headquarters, the FHFA Contracting Officer’s Representative (COR) will coordinate visitor access and escorting duties.

6. INFORMATION TECHNOLOGY ACCESSIBILITY (SECTION 508)

Section 508 of the Rehabilitation Act, as amended by the Workforce Investment Act of 1998 (P.L. 105-220) requires that when Federal agencies develop, procure, maintain, or use information and communication technology (ICT), it shall be accessible to people with disabilities. Federal employees and members of the public who have disabilities must have access to, and use of, information and data that is comparable to people without disabilities.

Products, platforms and services delivered as part of this work statement that are ICT, or contain ICT, must conform to the Revised 508 Standards, which are located at 36 C.F.R. § 1194.1 & Apps. A, C & D, and available at https://www.access-board.gov/guidelines-and-standards/communications-and- it/about-the-ict-refresh/final-rule/text-of-the-standards-and-guidelines

E102 / 702.10 – Web Content Accessibility Guidelines (WCAG) success criteria level A & AA are incorporated as a requirement. The referenced WCAG criteria is available at http://www.w3.org/TR/WCAG20/

Applicable Functional Performance Criteria

All functional performance criteria apply when using an alternative design or technology that achieves substantially equivalent or greater accessibility and usability by individuals with disabilities than would be provided by conformance to one or more of the requirements in Chapters 4-6 of the Revised 508 Standards, or when Chapters 4-6 do not address one or more functions of ICT.

Electronic Documents and/or Support Services

All services and deliverables such as reports, training materials, support documentation and plans, shall conform to the following standards:

· E205.4 – WCAG Level A & AA Success Criteria

· E302 – Functional Performance Criteria

7. PERIOD OF PERFORMANCE

The period of performance will be for a one-year base period and four (4) one-year option periods beginning from the effective date of the purchase order.

8. GOVERNMENT-FURNISHED PROPERTY

FHFA will not furnish government property for the Contractor to fulfill the requirements of this purchase order. However, if the Contractor visits FHFA Headquarters (400 7th Street, SW, Washington, D.C. 20219) for training and related purposes, FHFA may furnish temporary access to desks, chairs, office space, internet access, and other common office furnishings.