Redacted Sole Source Justification.pdf

SOLE SOURCE JUSTIFICATION

SIMPLIFIED ACQUISITIONS OVER THE MICRO-PURCHASE THRESHOLD

AND UP TO THE SIMPLIFIED ACQUISITION THRESHOLD

Date: 11/01/2022 Requisition Number: FHF-23-Q-0006

This is a sole source justification in accordance with 41 U.S.C. 1901(e)(2), FAR 13.106-1(b)(1).

1. NATURE AND/OR DESCRIPTION OF THE ITEM/SERVICE BEING

PROCURED AND ITS INTENDED USE (INCLUDE THE ANTICIPATED COST):

The Federal Housing Finance Agency (FHFA) has a requirement on a sole source basis for the acquisition of a multifamily data product. Specifically, the Office of Multifamily Analytics and Policy (OMAP) of the Division of Housing, Mission and Goals (DHMG) requires data of multifamily mortgage originations via secure file transfer protocol of datasets on a quarterly basis. The datasets will consist of multifamily (5+ units) mortgage originations data in dollars stratified by property geography to the Census tract level and property size, property type/land use code, maturity term of the loan, and lender type.

The anticipated contract type is a single-award, purchase order with firm-fixed price (FFP) contract line item numbers (CLINs). The purchase order will be for one (1) base year and four (4) option years. The anticipated period of performance date is 1 January 2023 through 31 December 2023 for the base year; the purchase order has a potential period of performance end date of 31 December 2027, if all options are exercised. The anticipated cost is $27,500.00 for the base year and $20,000.00 for each additional option year.

The name of the proposed sole source firm is:

Black Knight Data & Analytics, LLC.

602 Riverside Avenue Jacksonville, FL 32204

UEI: C185UQM3TZS1

2. SOLE SOURCE JUSTIFICATION AND RATIONALE (CHECK ONE AND

EXPLAIN BELOW):

__X___ Only one responsible source.

______ Unusual and compelling circumstances exist.

______ Other

Rationale:

Black Knight Data & Analytics, LLC is the only known available source with capability to meet FHFA’s minimum requirements, which is to have comprehensive multifamily mortgage origination datasets. Black Knight Data & Analytics, LLC’s data would greatly enhance FHFA’s understanding and forecasts of multifamily mortgage originations volume, an important input into the multifamily Scorecard cap for the Enterprises.

The determination to award a sole source purchase order is further supported by:

1) recent internet-based searches for similar products that provided no other vendors with similar products and capabilities; 2) confirmation by Black Knight Data & Analytics, LLC that it is the sole source provider (i.e. it has no resellers of the product); and 3) previously conducted market research, as outlined below.

3. MARKET SURVEY.

FHFA contacted several vendors regarding their ability to provide multifamily mortgage originations data. Three vendors said that they could supply the data, for loans collateralized by 50+ unit professionally managed properties, but FHFA also needs data for mortgages collateralized by 5 to 49 unit properties (e.g. small properties). Other vendors said that they could supply the data, but only for properties located in metropolitan statistical areas. However, FHFA requires data for properties in non-metropolitan areas as well. Still other vendors could supply estimates, not actual data from lien recordation records or other actual source.

Therefore, FHFA determined that Black Knight Data & Analytics, LLC. is the only known firm that can meet all the requirements of the Statement of Work.

In addition, a “Notice of Intent to Sole Source” synopsis was posted on Contract Opportunities of SAM.gov, on 24 October 2022 with a response date and time of 28 October 202 at 1:00PM Eastern Time requesting that parties express their interest in writing to the Contracting Officer. The FHFA Contracting Officer received no written interests, responses, or challenges.

4. IF THIS IS A DETERMINATION FOR SOLE SOURCE, THE CONTRACTING

OFFICER CERTIFIES:

a. Only one source is available.

b. The anticipated price will be determined fair and reasonable using standard price analysis techniques described in FAR Part 13.

Debra Fuller Date Technical Representative

Jennifer Sellers Date Contracting Officer

This is only applicable if the requirement must be publicly posted. For open market requirements, the threshold is for over $25,000.

Statement of Availability

As a representative of the requirements office, I understand the above justification is subject to publication on the Contract Opportunities website in accordance with FAR 6.305.

I believe the above information is accurate and documented clearly for the general public to understand the Agency’s decision not to compete this requirement.

However, contractor proprietary data or commercial or financial information that is privileged or confidential, shall be redacted. As the requirements office representative, I have determined that the following items should be redacted. I have also included my basis for redaction below.

Insert areas for redaction and basis for reduction below.

Date Name

Title Requirements Office