Notice of Intent to Sole Source_VRM.pdf

THIS IS A NOTICE OF INTENT TO SOLE SOURCE AND NOT A REQUEST FOR

QUOTATION OR PROPOSAL. The U.S. Department of Housing and Urban Development (HUD), Office of the Chief Procurement Officer (OCPO), located in Washington, DC, intends to negotiate on a sole source basis and award a contract to KPMG, LLP (KPMG) to continue supporting the Vendor

Risk Management (VRM) Program to support the internal assessment of mission critical third-party vendors that support our essential functions as well as to exam and scope System and

Organization Controls (SOC) for Ginnie Mae.

This acquisition is being conducted using the procedures under Federal Acquisition Regulations (FAR)

6.302-1 “Only one responsible source and no other supplies or services will satisfy agency requirements” in accordance with 41 U.S.C. 3304(a)(1). The FAR Part 12 “Acquisition of Commercial Items” as supplemented by the Housing and Urban Development Acquisition Regulation (HUDAR) will be used to evaluate the quote and award this requirement. The North American Industry Classification System

(NAICS) code for this requirement is 541611: Administrative Management and General Management with a size standard of $16.5 million. The PSC Code is R408: Support – Professional: Program

Management/Support. HUD anticipates negotiating and awarding a firm-fixed-price (FFP) sole-source bridge contract to KPMG, LLP for this requirement.

The Office of Enterprise Risk (OER) requires contractor support to strengthen internal controls over financial reporting and financial management systems. Specifically, the VRM contract supports our essential functions as well as to exam and scope System and Organization Controls (SOC) for

Ginnie Mae. These cSOC reviews support our response to the Office of Inspector General (OIG) audit of Ginnie Mae. SOC reviews cover our Information Technology systems and related controls such as Ginnie level and application level controls. This is point of focus our audits and to essential to helping Ginnie Mae assist HUD in keeping a clean audit opinion.

The current contract is a task order on a blanket purchase agreement (BPA), DU203NP-14-A-10

TO: 0007, with KPMG LLP, expired on December 31, 2020. A new BPA will be awarded once corrective action is completed on a protest received. The Government cannot afford to have a prolonged break in service or incur additional expenses.

This is NOT a solicitation for quotations, quotation abstracts, a request for competitive quotations; or request for competitive proposals; however, all responses received within 7 days from the date of publication of this synopsis will be considered by the Government. Responses must clearly and thoroughly defend any claims or assertions that attempt to refute the Government’s claim. A determination by the Government not to compete this proposed action based upon responses to this notice is solely with the discretion of the Government. Information received will normally be considered for the purpose of determining whether to conduct a competitive procurement. Information received on this notice must eliminate the Government's concerns and addressed how the items can be provided without jeopardizing the science behind the on-going projects. If no affirmative responses are received within 7 days of this notice to determine whether a qualified source is more advantageous to the Government, a contract will be issued to KPMG, LLPThere is no solicitation package available. Any questions regarding this notice must be submitted in writing via email to Wendy.D.McNorial@hud.gov.

mailto:Wendy.D.McNorial@hud.gov