Sources-Sought-RFI-10.5.2022.docx

Sources Sought Synopsis

Description: Electronic Appraisal Delivery Portal Services

The Department of Housing and Urban Development (HUD) is issuing this sources sought synopsis as a means of conducting market research to identify parties having an interest in and the resources to support this requirement for providing support to a transaction based electronic appraisal delivery (EAD) portal with approved government Mortgagees and service providers. The result of this market research will contribute to determining the method of procurement. The applicable North American Industry Classification System (NAICS) code assigned to this procurement is 541519 – Other computer related services.

There is no solicitation at this time. This request for capability information does not constitute a request for proposals; submission of any information in response to this market survey is purely voluntary; the government assumes no financial responsibility for any costs incurred. This is not an evaluation of proposals but an assessment of vendors’ capabilities. Therefore, a high-level assessment of the capability statements will be performed. Generic brochures are not being requested. Vendors should provide information to stress their competencies, differentiators, and past performance showing or demonstrating:

· Core Competencies to demonstrate expertise.

· Differentiator’s listing/discussing unique factors and benefits of the services that set them apart from others.

· Past Performance listing/discussing previous similar work showing benefits and how the past projects relate to Agency’s needs.

If your organization has the potential capacity to perform these contract services, please provide the following information: 1) organization name, address, email address, website address, telephone number, and size and type of ownership for the organization; and 2) tailored capability statements addressing the particulars of this effort, with appropriate documentation supporting claims of organizational and staff capability. If significant subcontracting or teaming is anticipated in order to deliver technical capability, organizations should address the administrative and management structure of such arrangements.

The government will evaluate market information to ascertain potential market capacity to 1) provide services consistent in scope and scale with those described in this notice and otherwise anticipated; 2) secure and apply the full range of corporate financial, human capital, and technical resources required to successfully perform similar requirements; 3) implement a successful project management plan that includes: compliance with program schedules; cost containment; meeting and tracking performance; hiring and retention of personnel and risk mitigation; and 4) provide services under a performance based service acquisition contract.

Based on the responses to this sources sought notice/market research, this requirement may be set-aside for small businesses or procured through full and open competition, and GSA Schedules. Interested potential offerors must clearly specify the following: their Unique Entity Identifier (UEI), business size applicable to NAICS, socioeconomic business category, GSA contract number (if applicable), and any other applicable GWAC number. Telephone inquiries will not be accepted or acknowledged, and no feedback or evaluations will be provided to companies regarding their submissions.

Submission Instructions: Interested parties who consider themselves qualified to perform the above-listed services are invited to submit a response to this Sources Sought Notice by Monday, October 17, 2022 at 2:00 PM EST. All responses under this Sources Sought Notice must be emailed to Robert Caldwell at robert.e.caldwell@hud.gov and Che Uche Logan at che.u.logan@hud.gov. Additional information on the required services is listed below.

If you have any questions concerning this opportunity, please contact the Contracting Officer, Che Uche Logan at che.u.logan@hud.gov.

Background: On June 27, 2016, FHA made it mandatory for Mortgagees to submit electronic appraisals through a centralized portal for case numbers issued on or after that date. The EAD portal is a centralized database that allows uploading of electronic appraisal files to a central location where they are processed and checked against an FHA defined rule set and the original file scored, and securely transferred to HUD servers. A major component of the FHA insuring process is the collection of an appraisal. The Home Valuation Policy Division is responsible for the policy and solutions supporting the collection of the appraisal.

General Description of Work: HUD is seeking a Contractor to assist with EAD portal services. These services will enable Federal Housing Administration (FHA)-approved mortgagees and/or their third-party service providers access to the portal to electronically upload, submit and/or view appraisal data for loans submitted to FHA for insuring. The portal data will be submitted to FHA insuring systems for processing.

Necessary tasks identified for EAD are as follows:

· The Contractor shall provide a web-based solution that shall collect, analyze, and store data in a repository for retrieval by HUD.

· The Contractor shall maintain compliance with all current and future Federal IT security requirements.

· The Contractor shall provide specialized web hosting services at their facility, that shall include web and application hosting in support of the EAD portal.

The characteristics below could help determine capabilities to perform EAD requirements:

· Demonstrated experience hosting a web-based appraisal delivery portal to collect appraisal data, apply custom rules and analysis to the data, transmit feedback to users and store data for retrieval.

· Demonstrated ability to manage user registration, authentication, and account management.

· Demonstrated ability that the EAD solution has a single point of entry capability and an interface capability.

· Demonstratable knowledge of industry tested and recognized Automated Valuation Model (AVM) tool that can generate a property market value estimate, confidence score, and forecast standard deviation for valuation risk assessment with this data being delivered for each appraisal submission.

· Demonstrated ability to provide a comprehensive scoring tool, with results deliverable to FHA for all appraisals submitted.

· Demonstrated ability maintain compliance with all current and future Federal IT security requirements.

· Previous experience in providing electronic appraisal delivery services at a volume of approximately1,300,000 transactions per year.

The tasks require a set of skill categories based on the following approximate breakdown:

Project Management 25%

· Business Analysts

· Financial Analysts Technology 50%

· Developers Supportive 25%

· Research Analysts

· Valuation Subject Matter Experts

· Training Specialists

· Customer Support Specialists

Contemplated performance metrics:

· 100% compliance with all security requirements.

· 100% compliance with all reporting requirements.

Contemplated report requirements:

· Configuration Management Plan

· Weekly EAD portal reports

· Quarterly EAD analysis reports

· Monthly status reports

Contemplated dollar value of the project:

It is anticipated that the dollar value will be between 30 and 40 million for the base year plus 4 12-month option periods.

Contemplated place of performance:

Performance will be at the Contractor’s facility.