An online database subscription service that will provide HUD economists and policy analysts with market intelligence.

The US Department of Housing and Urban Development (HUD), Chicago Contracting Operations Branch, intends to enter into a sole source procurement with LPS Applied Analytics, for the purchase of an online core database subscription service. The database will provide HUD economists and policy analysts with market intelligence. 

NAICS code 518210 applies to this procurement.  The government intends to solicit and negotiate with only one source, according to FAR 6.302-1, "Only One Responsible Source and No Other Supplies or Services Will Satisfy Agency Requirements."  The online database is a commercial item as defined in FAR 2.101, Definitions.

The database provides mortgage loan details that include:

•·         Origination date;

•·         Term;

•·         Property type;

•·         Occupancy;

•·         Credit score;

•·         Current/delinquency status;

•·         Variable rate information; and,

•·         Geographic details

The online interface will allow HUD analysts to use the most current mortgage data to efficiently respond to Secretarial and Congressional inquiries. The subscription includes monthly updates and user IDs for necessary HUD staff and contractors, monthly download of loan level data files, and monthly data summary reports (e.g., Warehouse Distribution Report; Lender Processing Services Market Monitor; Delinquency and Migration Analysis Report; Monthly Overview-Traditional Product; and, Monthly Overview-Exotic Product), and twenty-four hour user support.

This notice is also for HUD to gain knowledge of potential qualified sources. 

Responses to this notice must include the following: (a) company name and address; (b) point of contact; and (c) size and socioeconomic status of company (see FAR Part 19).   The respondent must provide a either a capability statement, or a commercial catalog, or other product literature describing their services and ability to provide HUD with an online subscription service. 

Attached is a "Statement of Objectives." 

Respondents may identify their interest in this requirement, should respond to this Sources Sought Notice no later than 2:00pm, CDST, April 15, 2011, by contacting and sending the aforementioned information to Gene H. Jackson, Contracting Officer, at gene.h.jackson@hud.gov.  All formation must be furnished at no cost to the government.