CFP-17-R-00017_Compliance_Analysis_-_Questions.pdf

Q# QUESTION REFERENCE PAGE

In paragraph 9(b) it states that the offer shall be submitted via e‐mail to the PCO, however In paragraph 10.1, it states the Offeror shall provide paper copies of its reporting(s) that documents its ability to provide each of the calculations and meet each of the regulatory test requirements listed within paragraphs 3.1 and 3.2. Please confirm that we can submit copies of our reporting documentation via email as opposed to paper copies.

9(b), 10.1 12, 13

1a Yes, you can submit copies of your reporting documentation via email.

2 Is there a requirement related to number of pages for the response, or any other mandated format

10.1 13

2a No.

Is all information provided in this response considered source selection sensitive and not subject to FOIA regulations. We intend to submit proprietary/sensitive company information

3 4 to 7

3a The award is subject to FOIA, however the awardee will have the opportunity to redact any proprietary/sensitive company information prior to CFPB responding to the FOIA request.

4 Can the CFPB estimate the volume/number of transactions per year. Historically, how many compliance analyses were performed annually?

10.2 13

4a CFPB expects up to 1,500,000 loans to be uploaded via batch annually.

Per the requirement paragraph 9(b) that offeror shall submit: 6) A completed copy of the representations and certifications at FAR 52.212‐3 (see FAR 52.212‐3(b) for those representations and certifications that the offeror shall complete electronically), does the offeror need to submit via SAMS for part B? or can this be included with the proposal?

9.0 (6) 10

5a

The offeror must be registered in SAM. Per the clause, the offeror shall complete only paragraphs (b) of the provision if the Offeror has completed the annual representations and certification electronically via the System for Award Management (SAM) Web site located at http://www.sam.gov/portal. If the Offeror has not completed the annual representations and certifications electronically, the Offeror shall complete only paragraphs (c) through (u) of the provision. The documentation shall be submitted with the proposal

How many companies are expected to be registered for compliance tool use and how many examiners are expected to be registered for compliance tool use?

oncurrent Examiner users of the indivi 4

6a

The expectation is for a maximum of 25 registered companies annually. This also assumes one company may wish to register more than one user at a given time. CFPB may accept a limitation on the number of registered users allowed for each registered company. We expect 75 concurrent Examiner users to be registered.

Certain calculations on the required list are not typical for residential mortgage lending as a standard feature in commercial applications. Do all calculations need to be available as of the proposal date, or to the extent that full functionality could be provided by the end of an implementation and/or transition period, would that be acceptable?

on 3.1 Calculations for Mortgage Anal 4‐7

7a

All calculations must be available no later than the end of the implementation and transition period which is 28 November 2017. The Offeror must demonstrate, with its proposal that it is capable of fulfilling all requirements prior to that date

8 Can CFPB confirm that there are no specific required input formats, including but not limited to the LEF format?

quest submission format from institut 7

8a There is no specific required input format.

9 Can the CFPB provide clarity on what is meant by “streamlined or adjusted” and what the process will be to streamline or adjust required data elements?

equest submission format from institut 7

9a

"Streamlined or adjusted" makes reference to any regulatory requirement(s) and calculation(s) that would need to be changed or amended as result of changes or updates to corresponding laws and regulations. We expect a tool to be flexible enough to be modified to reflect the most current regulatory requirements. The process should include a timeline to implement any regulatory change(s) prior to the effective date of required regulatory compliance.

10 Can the CFPB specify what specific types of technical support is envisioned for off hours? equirements "Provision of 24/7 techn 7

10a

Off‐hours technical support will be required whenever the system is down and the CFPB is waiting on data from the system. Examples of potential issues include:

‐ Unable to contact servers to get data ‐ Manual submission of data is required due to down servers ‐ Submission, synchronization, timing issues

What does the CFP mean by “handle up to 25 simultaneous users of the batch loan file processing”? What is the min/max/average expected volume of loans to be uploaded via batch upload * Daily * Monthly * Annually to 25 simultaneous users of the batch 7

11a

The expectation is for a maximum of 25 registered companies annually. This also assumes a company may wish to register more than one user at a given time. We are open to having a limitation set for the number of registered users allowed for each registered company. CFPB expects up to 1,500,000 loans to be uploaded via batch annually. Given that estimate, an monthly estimate would be up to 125,000 loans uploaded via batch per month, and 4,110 loans uploaded via batch daily.

12 What are the minimum, average, and maximum expected upload volumes for a single batch?

to 25 simultaneous users of the batch 7

12a

CFPB expects up to 1,500,000 loans to be uploaded via batch annually. Volumes for a single batch upload may differ widely across companies, from a couple hundred loans to a few hundred thousand loans. An average estimate for a single batch may range from 30,000‐60,000.

13 What is entailed in an individual loan drill‐down? to 25 simultaneous users of the batch 7

13a The drill‐down refers to an Examiner user being able to analyze/modify/update/input individual loan data fields that would influence regulatory test result(s).

Can the CFPB confirm that the Compliance Analysis Tool servers (web servers, application servers, databases, and other servers), can be hosted in the respondents’ data centers or servers in Amazon Web Service (AWS)?

SFTP or similar) of all business data in 7‐9

14a CFPB is seeking a SAAS or hosted solution.

15 Is it required that the authentication and access control of the Compliance Analysis Tool be integrated with CFPB’s LDAP or Kerberos interface?

UCTURE, OPERATING SYSTEM, AND SE 8

15a Comparability with both Kerberos and LDAP as the CFPB uses them as a standard for authentication with AD.

16 When does CFPB expect to start using the new Compliance Analysis Tool? SECTION 5.0 DELIVERABLES 8 16a CFPB expects to be able to start using the new tool by November 29, 2017.

17 Will there be an implementation phase for the new compliance management tool, and if so, how long will that period be?

SECTION 5.0 DELIVERABLES 8

17a Implemenation phase will occur from contract award date through November 28, 2017.

18 Will there be a transition period between use of the current tool and use of the new tool, and if so, how long will that period be?

SECTION 5.0 DELIVERABLES 8

18a We anticipate that the transition and implementation period will run in parallel between the contract award date and November 28, 2017.

Given the short period of time between submission of questions and proposal submission, will CFPB allow a one (1) week extension to the proposal submission.

General

19a Yes, CFPB will allow a (1) week extension to the proposal submission. Proposal submissions will now be due by Wednesday, September 20, 2017. Amendment 0001 reflects this change.