Q and A.pdf
PDF 187 KB Posted
- Attached to
- 401K Investment Advisor Federal contract opportunity
- Solicitation number
- FHF25Q0031
- Issued by
- Federal Housing Finance Agency
About this file
This is a Questions and Answers document for RFQ FHF25Q0031, issued by the Federal Housing Finance Agency (FHFA) for a 401K Investment Advisor. The document contains seven questions and responses that clarify various aspects of the solicitation.
Key details revealed include: the opportunity is unrestricted with no small business preferences; NAICS code 541611 is confirmed as appropriate since the investment work is not fee/commission-based; monthly invoicing is required in equal installments for fixed-price services; there is a $5,000 yearly Not-to-Exceed value for ad hoc services; no insurance coverage is required by FHFA; and the incumbent is eligible to submit a quote as part of this public solicitation. The document refers interested parties to Section 3.0 of the PWS for details about required tasks and oversight committee requests.
View the file
Other files for this federal contract opportunity
| File | Type | Posted |
|---|---|---|
| Attachment B-Pricing.xlsx | XLSX spreadsheet | |
| RFQ 25Q31.pdf |
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Text version
Questions and Answers
FHF25Q0031
# QUESTION RESPONSE
Has the incumbent been invited to rebid on
RFQ FHF25Q0031.
Yes, the posting is public and invites all responsible vendors, including the incumbent, to submit a quote.
The NAICS code listed on the solicitation is 541611, which typically covers financial management (except investment advice).
However, the scope of work in the SOW is states that FHFA is looking for an Investment Advisor who would provide expert financial advice, which is typically covered under NAICS code 523930 (Investment Advice). Could you please confirm that the correct NAICS code applicable to this RFQ.
541611 is the confirmed NAICS code for this procurement as the Investment work is not fee nor commission based.
In the pricing sheet, there is an entry for $5000. Is that a dollar cap for adhoc requests to complement or supplement the fixed price services?
It is the estimated yearly Not-to-Exceed value for the ad hoc services.
The pricing sheet is setup to provide a monthly rate that is then aggregated for 12 months. It is the expectation of FHFA to receive monthly invoices for the fixed monthly amount or payment based on individual invoices?
For firm fixed priced services the FHFA expects to receive monthly invoices in equal installments for the fixed price
CLIN.
Can you provide examples of typical requests by Oversight Committee on various topics to estimate the amount of time / effort required to complete these requests?
Section 3.0 of the PWS specifies the required tasks.
The solicitation did not mention any insurance requirements, can you please provide the types of insurance coverages required?
None are required by FHFA.
Is there any preference for small businesses, including SBA 8(a) certified?
No, as stated in the RFQ this requirement is unrestricted.
File details come from the government source that posted it. Updated .