B08.03 CWIFP Answers to Questions W912HQ26RA007 dated 2026.06.09.docx

1. Task Structure / Period of Performance The SF1449 identifies 4.1 and 4.2 as base tasks, with 4.1 at 18 months and 4.2 at 12 months from date of award, and identifies 4.3 through 4.6 as option tasks. The SAM.gov announcement describes 4.1 and 4.5 as 18-month option tasks and lists 4.2 among the 12-month option tasks, along with 4.3, 4.4, and 4.6. Please confirm which tasks are base versus option, and the period of performance for each task, so that pricing reflects the correct task structure and durations.

4.1 and 4.2 are base tasks but also have additional quantities for options. They are both base and options. Options will be exercised as additional quantities are required. The PWS specifies when each additional quantity is anticipated to be exercised.

Tasks 4.3 – 4.6 are options with varying times anticipated for execution. The schedule is in the PWS. Options will be exercised as additional quantities are required. The PWS specifies when each additional quantity is anticipated to be exercised.

All services are non-severable. These services are job/project based. Options are broken down by anticipated quantities needed with anticipated dates for exercise in the PWS (similar to manufacturing with a projected schedule). Options are not broken down into a base period and option periods.

2. Incumbent / New Requirement Is this requirement a new requirement? If not, please provide the incumbent contractor name, contract number, period of performance, and total contract value.

Similar work has been performed under IDIQ Contract W912HQ22D0002, Task Order W912HQ22F0239 with ABT Global, LLC. The period of performance currently extends through 30 Sep 2027. The total obligated value is $1,438,418.96, and the total contract value is $1,668,853.30.

3. Government-Provided Tools, Templates, and Procedures For Task 4.1, will USACE provide CWIFP underwriting procedures, credit report templates, credit risk rating criteria, borrower application checklists, sample or redacted borrower files, credit subsidy modeling tools, and required analytical software after award, or is the contractor expected to develop and provide these tools based on the PWS and CWIFP program requirements?

The Contractor will be given access to the CWIFP “MDA” which is the team site used to process all applications. Borrower files will be posted in the MDA and templates will also be available. Credit subsidy modeling will be conducted by the government team. Certain members of the team have access to S&P, Moody’s and Fitch credit rating reports. No other analytical software tools are currently used. If the contractor uses something in particular and requires it to perform the work described in this task, it should be included in their proposal.

4. Current Stage of Base Loan Transactions For Task 4.1, what is the current general processing stage of the five base loan underwriting transactions? Are these loans in preliminary application review, invited full application review, active underwriting, credit modeling, credit report preparation, term sheet/negotiation support, or another stage? Are the five base loan transactions expected to be performed concurrently, sequentially, or only as each application becomes ready for processing?

The five loans covered in the base award for task 4.1 are applicants who have submitted their full applications. The CWIFP team has not started processing these applications. The borrowers were informed that processing of their loans would start at the earliest in July. At that time, the team will re-engage with the borrower. These loans would start concurrently, but it is expected that each transaction will move through the process at different times based on borrower readiness and transaction complexity.

5. Incomplete or Delayed Borrower Materials For Task 4.1, if borrower application files, financial statements, credit rating information, engineering documents, or other required materials are incomplete or delayed, will the contractor’s delivery timeline be adjusted accordingly, or must the contractor meet the stated task timeline regardless of borrower/application readiness?

The contractor’s delivery timeline will be adjusted accordingly.

6. Loan Size / Pricing Assumptions For Task 4.1, what is the anticipated loan size or estimated range of loan amounts for the five base loan underwriting transactions? If specific loan amounts cannot be disclosed, can the Government provide general loan-size bands or assumptions that offerors should use for pricing and level-of-effort purposes?

For estimating purposes, the contractor can anticipate the borrower type for the base transactions to be 4 x municipal borrowers and 1 x corporate borrower. The largest transaction was invited for a loan amount of $299,596,000 while the smallest transaction was invited for a loan amount of $17,422,240. The CWIFP website https://www.usace.army.mil/Missions/Civil-Works/Infrastructure/revolutionize/CWIFP/ contains a list of the applicants who applied and were invited to submit full applications. The interactive map includes fact sheets on each applicant/project.

7. Optional Additional Loan Transactions — Exercise and Pricing Structure For Task 4.1 optional additional loan transactions, the schedule references up to 50 additional loans. Should offerors assume the full quantity of 50 additional loans may be exercised during the same period of performance, or will the Government exercise optional loan transactions incrementally as individual applications become ready? Should offerors price these option CLINs based on a fixed unit price per additional loan transaction or a total fixed price for the full quantity shown in the schedule?

The Government will exercise quantities as they become ready. A fixed price per additional loan is ideal in addition to the subtotals for the varying quantities of 5 and 10 units. Additional loan transactions will be dependent on when the next CWIFP Notice of Funding Availability (NOFA) is published, which could take up to 6 months to a year. Applicants would have a 3-month window to submit preliminary applications. Once invited, applicants have a year to submit full applications. As the exact timeline for future transactions is unknown, it is recommended to price additional loan transaction per unit based on the PWS schedule, which is the government team’s best approximation of how future work will unfold.

8. Optional Additional Loan Transactions — Complexity and Level of Effort For Task 4.1 option CLINs, should offerors assume optional additional loan transactions will be similar in size, complexity, and level of effort to the five base loan transactions, or may optional transactions vary materially by loan amount, borrower type, project size, credit complexity, documentation volume, and number of concurrent transactions?

The CWIFP website https://www.usace.army.mil/Missions/Civil-Works/Infrastructure/revolutionize/CWIFP/ contains a list of the applicants who applied and were invited to submit full applications. The interactive map includes fact sheets on each applicant/project. The CWIFP team anticipates similar types of borrowers/projects to apply in the next application round. However, the next Notice of Funding Availability (NOFA) will also include levee projects. The first NOFA was limited to dam safety projects.

9. Completion and Acceptance for Payment For each Task 4.1 loan underwriting transaction, what constitutes completion and acceptance for payment purposes? Is a transaction considered complete upon submission of the draft credit report, resolution of Government comments, delivery of the final credit report, completion of borrower coordination, or another acceptance point?

A transaction under 4.1 is considered complete with the final credit report and presentation materials ready for submission to the WIFIA Credit Council.

10. Level of Effort / Labor Category Assumptions Will the Government provide an estimated level of effort, estimated labor category mix, or workload assumptions for each base and option task to support Firm Fixed Price pricing?

Offerors are expected to propose this with their technical proposals which will aid the government evaluation team in determining the offeror’s understanding of the requirement.

11. Task 4.2 Government-Provided Materials For Task 4.2, will the Government provide the approved CWIFP credit subsidy model, prior budget data request templates, prior reestimate documentation, default curve assumptions, recovery assumptions, and MAX.gov data entry formats after award?

The Government will provide those items after award. The contractor’s role in this task is primarily to provide guidance and act as a subject matter expert to assist the Government team when questions arise. If the contractor recommends a specific software program/tool to conduct this task, it can be included as an option in their proposal.

12. OCI for Third-Party Credit Risk Assessment For Option Task 4.5, may the same contractor team that supports loan underwriting under Task 4.1 also perform third-party credit risk assessment work under Task 4.5, or would that create an Organizational Conflict of Interest concern requiring separate personnel, a firewall, or a separate review team?

The third-party credit risk assessments may be conducted by someone who is part of the larger team supporting underwriting work under 4.1 but should not be part of the underwriting team for the same transaction. For example, Contractor Employee 1 and 2 are assigned to Transaction X. Contractor Employee 2 and 3 are assigned to Transaction Y. If a third party credit risk assessment is requested for Transaction X, then Contractor Employee 3 could conduct the third party review.