B24241 Notice of Renewal Award.pdf

PDF 257 KB Posted

Attached to
Renewal Notice - Single Family Loan Servicer (Renewal Option 1 of 2)
Solicitation number
22-551HDA-HMOWN-B-24241
Issued by
Cook County, Illinois

About this file

This document is a Notice of Award Form from the Illinois Housing Development Authority (IHDA) regarding the renewal of a contract for Single Family Loan Servicing. IHDA has selected Dovenmuehle Mortgage, Inc. for the renewal, which is the first of two available renewal options. The initial term of the contract is 3 years, with the renewal option also being 3 years. The award amount is $4,950,000. There was 1 responding bidder, and 1 bidder was awarded the contract.

The renewal contract term is from 11/1/21 to 10/31/24, and remains subject to the review and formal approval of IHDA's Board. The contract was procured through the Invitation for Bid Process, and was awarded to the lowest priced responsive and responsible bidder. There are no Business Enterprise Program (BEP) or Veterans Business Program (VBP) utilization requirements.

View the file

On GovTribe

Work with this file

  • Download the original file
  • Contacts named in this file
  • Similar government files
  • Ask GovTribe AI about this file

Text version

Notice of Award Form

V.19.3 Page 1 of 2

Agency and Awarded Vendor Information

*Description: Renewal Notice - Single Family Loan Servicer (Renewal Option 1 of 2)

*Bid Number: B-24241 *Agency: Illinois Housing Development Authority

*Vendor Selected for Award: Dovenmuehle Mortgage, Inc.

*Line Item Description: Single Family Loan Servicing

*Award Amount: 4950000 *Length of Initial Term: 3 years *Length of available renewal options: 3 years

Farm Leases and Concessions

Value to the State: N/A

Estimated Financial Return to the State for the Life of the Contract (Includes Renewals)

Value to the Vendor: N/A

Estimated Gross Revenue to the Vendor for the Life of the Contract (Includes Renewals)

Business Enterprise Program/Veterans Business Program

% of BEP Per Utilization Plan: 0 % of VBP Per Utilization Plan: 0

Other: N/A

Unsuccessful Bidder(s)

*Number of Responding Bidders: 1 *Number of Unsuccessful Bidder(s) 0 *Number of Awarded Bidder(s): 1

Bidder(s)/Offeror(s) Not Selected:

N/A - Renewal Option

Agency Contact

Contact Name: Amanda Carone Telephone Number: 312.836.5214

Email Address: acarone@ihda.org Fax Number: n/a

Street Address: 111 E. Wacker Drive, Suite 1000 City: Chicago

State: Illinois Zip Code: 60601

V.19.3 Page 2 of 2

SPO Written Determination for Contract Award Decision

General - Applies to Split Awards, Award to Other than Lowest Responsible and Responsive Bidder. The Rationale described by the purchasing agency in the recommendation to award seems reasonable, and serves as the basis for the contract decision.

Invitation for Bid - The contract was procured through the Invitation for Bid Process, and the contract has been awarded to the lowest priced responsive and responsible bidder.

Request for Proposal - Based on factors set forth in the Request for Proposal, the contract has been awarded to the offeror whose proposal is most advantageous to the State.

Renewal - The contract is a renewal in accordance with the terms of the existing contract. The award decision is based on justification presented by the purchasing agency's justification.

Comments:

Other:

Explanation of other terms:

SPO Signature: Date:

V.19.3 Page of Agency and Awarded Vendor Information Farm Leases and Concessions Estimated Financial Return to the State for the Life of the Contract (Includes Renewals) Estimated Gross Revenue to the Vendor for the Life of the Contract (Includes Renewals) Business Enterprise Program/Veterans Business Program Unsuccessful Bidder(s) Bidder(s)/Offeror(s) Not Selected:

Agency Contact SPO Written Determination for Contract Award Decision 11.0.0.20130303.1.892433.887364

CurrentPage:
PageCount:
DESCRIPTION: Renewal Notice - Single Family Loan Servicer (Renewal Option 1 of 2)
BIDNUMBER: B-24241
AGENCY: Illinois Housing Development Authority
VENDORSELECTED: Dovenmuehle Mortgage, Inc.
LINEITEMDESCRIPTION: Single Family Loan Servicing
AWARDAMOUNT: 4950000
LENGTHINITIALTERM: 3 years
NMBROFRENEWALS: 3 years
VALUETOSTATE: N/A
VALUETOVENDOR: N/A
PERCENTBEPUPLAN: 0
PERCENTVBPUPLAN: 0
OTHER: N/A
NoRespBidders: 1
NoUnsuccessfulBidders: 0
NumberAward: 1
BdOffInfo: N/A - Renewal Option
ContactName: Amanda Carone
PhoneNumber: 312.836.5214
EmailAddress: acarone@ihda.org
FaxNumber: n/a
Streetaddress: 111 E. Wacker Drive, Suite 1000
City: Chicago
State: Illinois
ZipCode: 60601
CheckBox1: 0
CheckBox2: 0
CheckBox3: 0
CheckBox5: 1
TextField1:
TextField2:
TextField3:
SignatureField1:
DateField1:

File details come from the government source that posted it. Updated .