Commercial and Residential Mortgage and Climate (CARMAC) Data Subscription

Awarded Limited / Sole Source Justification Posted

Solicitation number
HUD-H-2023-066
Agency
Set-aside
No set-aside

Opportunity facts

Contract number
86615724P00001 Federal contract award
Place of performance
New York, New York 10007, United States

Notice details come from SAM.gov. Updated .

About this opportunity

The U.S. Department of Housing and Urban Development published a Limited/Sole Source Justification Notice to acquire a commercial and residential mortgage and climate data subscription from Moody's Analytics CRE for $3,372,592.55. HUD requires the subscription to provide housing market analysis, sales transactions, property valuation, commercial real estate sales data, 25-year house price forecasts by MSA, and climate risk scenarios to support risk assessment of Federal Housing Administration properties and monitoring of FHA programs, citing Moody's as the only responsible source able to satisfy these requirements.

Notice text

The purpose of this requirement is to acquire a data subscription service, for Commercial and Residential properties in the Federal Housing Administration’s (FHA’s) portfolio, that provides housing market analysis, sales transactions, single property valuation and analysis, comparable real estate sales, commercial property data, 25-year house price index forecast by Metropolitan Statistical Area (MSA), and climate data risk scenarios.  The on-line data subscription service will support the Office of Risk Management and Regulatory Affairs (ORMRA), Office of Evaluation and Office of Risk Management.

The U.S. Department of Housing and Urban Development (HUD) is responsible for risk assessment of Federal Housing Administration (FHA) insured and HUD-assisted residential (single-family) and commercial (multifamily and healthcare) properties. Real estate market data, housing price forecast economic data and climate data risk scenarios are all needed to perform comprehensive risk assessments. In addition, HUD is responsible for monitoring the performance of FHA’s single family and multifamily programs. It prepares periodic reports to the FHA Commissioner on FHA business activities and oversees the statutorily mandated annual independent actuarial review of single-family endorsements contained in the Mutual Mortgage Insurance Fund (MMIF), FHA’s largest insurance fund.  

Awarded contract 86615724P00001 to unknown vendor for unknown amount on 2023-10-27.

Files

File Type Posted
CARMAC 2023 (Moodys) 10.27.2023.pdf PDF

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