Digital Collateral (DCOL) eVault
Closed Solicitation Posted
- Solicitation number
- 86615525R00001
- Responses due
- Set-aside
- No set-aside
Opportunity facts
- NAICS code
- 518210 Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services
- Place of performance
- United States
- Points of contact
Notice details come from SAM.gov. Updated .
About this opportunity
The Department of Housing and Urban Development (HUD), specifically Ginnie Mae, is seeking a robust electronic vault (eVault) solution fully integrated with the MERS eRegistry to securely store eNotes and other electronic documents that serve as collateral for Mortgage-Backed Securities (MBS). The procurement aims to enable Ginnie Mae to test processes, policies, and controls for securitizing federally insured mortgage loans executed on eNotes, with the eVault capable of updating rights holder status in various scenarios like loan payoff, borrower default, or servicing rights transfers. Technical evaluation factors will be assessed in descending order of importance: Technical Approach, Management Plan, Past Performance, and Socioeconomic Participation, with price also considered. The solicitation (86615525R00001) is an unrestricted competitive procurement using FAR Part 12/13 commercial item procedures, with proposal responses originally due December 17, 2024, at 2:00 PM ET, and questions accepted until November 20, 2024.
The contract will be a firm-fixed-price agreement with a 12-month base period and four 12-month option periods, classified under NAICS code 518210 for Computing Infrastructure Providers. The eVault system must be capable of executing transactions for a minimum of 50,000 eNotes annually and storing at least 150,000 Authoritative Copy eNotes over the contract's life. Small business subcontracting goals include 28% overall participation, with subordinate goals of 5% for small disadvantaged, women-owned, and HUBZone businesses, and 3% for service-disabled veteran-owned small businesses. All work will be performed at contractor facilities, with system requirements including 99.99% availability, compliance with federal security standards, and integration capabilities with Ginnie Mae systems through APIs. The anticipated contract period runs from February 11, 2025, to February 10, 2030, with the place of performance being the United States.
Notice text
5 versions
Update #5 · Latest ·
12/5/2024: Issuing Amendment 2 to exend the receipt of proposals and past performance surveys to 1/6/2025, 2PM ET.
12/5/2024: Clarifying the following:
1. The 5-year period of performance is:
Base Period 02/11/2025 - 02/10/2026
Option 1 02/11/2026 - 02/10/2027
Option 2 02/11/2027 - 02/10/2028
Option 3 02/11/2028 - 02/10/2029
Option 4 02/10/2029 - 02/10/2030
2. Please follow the PWS for the Transition In and Out Services:
5.3 Transition In Service
The contractor provide transition in support services that shall provide uninterrupted and continuing services of all existing maintenance services. The contractor shall submit a draft Transition-In Plan five (5) business days after contract award.
5.4 Transition Out Services
The contractor shall provide Transition-Out support when required by the Government. The Transition-Out Plan shall facilitate the accomplishment of a seamless transition from the incumbent to the incoming contractor/Government personnel at the expiration of the contract. The contractor shall provide a draft Transition-Out Plan within six months of the expiration date. The Government will work with the contractor to finalize the Transition-Out Plan. The contractor shall provide a final Transition-Out Plan 90 calendars before the expiration of the contract after receiving government approval.
12/3/2024: Including Amendment 1 and applicable documents.
11/13/2024: To confirm, this is NOT a new requirement. The incumbent is EOriginal Inc now dba Wolters Kluwer and the contract number is: 47QFDA20C0001
EORIGINAL, INC
351 W CAMDEN ST STE 800
BALTIMORE, MD 21201-7912
United States
410-652-8023
Ginnie Mae is seeking to obtain a robust electronic vault ("eVault) solution that is fully integrated with the MERS eRegistry to use as secure storage for eNotes and other Trailing eDocs that serve as collateral for Mortgage-Backed Securities (MBS) carrying the Ginnie Mae Guarantee. Ginnie Mae will use the eVault solution as part of its Digital Collateral program to test the processes, policies, and controls necessary to enable Mortgagees participating as Issuers in its MBS Program to securitize federally insured or guaranteed mortgage loans executed on eNotes. For each eNote securitized, Ginnie Mae will use the eVault to update its status as a rights holder in the MERS eRegistry in accordance with various scenarios, including but not limited to, loan payoff, borrower default, or the transfer of mortgage servicing rights, as well as to execute transfers of control and location for eNotes associated with defaulted Issuer portfolios.
Update #4 ·
12/5/2024: Clarifying the following:
1. The 5-year period of performance is:
Base Period 02/11/2025 - 02/10/2026
Option 1 02/11/2026 - 02/10/2027
Option 2 02/11/2027 - 02/10/2028
Option 3 02/11/2028 - 02/10/2029
Option 4 02/10/2029 - 02/10/2030
2. Please follow the PWS for the Transition In and Out Services:
5.3 Transition In Service
The contractor provide transition in support services that shall provide uninterrupted and continuing services of all existing maintenance services. The contractor shall submit a draft Transition-In Plan five (5) business days after contract award.
5.4 Transition Out Services
The contractor shall provide Transition-Out support when required by the Government. The Transition-Out Plan shall facilitate the accomplishment of a seamless transition from the incumbent to the incoming contractor/Government personnel at the expiration of the contract. The contractor shall provide a draft Transition-Out Plan within six months of the expiration date. The Government will work with the contractor to finalize the Transition-Out Plan. The contractor shall provide a final Transition-Out Plan 90 calendars before the expiration of the contract after receiving government approval.
12/3/2024: Including Amendment 1 and applicable documents.
11/13/2024: To confirm, this is NOT a new requirement. The incumbent is EOriginal Inc now dba Wolters Kluwer and the contract number is: 47QFDA20C0001
EORIGINAL, INC
351 W CAMDEN ST STE 800
BALTIMORE, MD 21201-7912
United States
410-652-8023
Ginnie Mae is seeking to obtain a robust electronic vault ("eVault) solution that is fully integrated with the MERS eRegistry to use as secure storage for eNotes and other Trailing eDocs that serve as collateral for Mortgage-Backed Securities (MBS) carrying the Ginnie Mae Guarantee. Ginnie Mae will use the eVault solution as part of its Digital Collateral program to test the processes, policies, and controls necessary to enable Mortgagees participating as Issuers in its MBS Program to securitize federally insured or guaranteed mortgage loans executed on eNotes. For each eNote securitized, Ginnie Mae will use the eVault to update its status as a rights holder in the MERS eRegistry in accordance with various scenarios, including but not limited to, loan payoff, borrower default, or the transfer of mortgage servicing rights, as well as to execute transfers of control and location for eNotes associated with defaulted Issuer portfolios.
Update #3 ·
12/3/2024: Including Amendment 1 and applicable documents.
11/13/2024: To confirm, this is NOT a new requirement. The incumbent is EOriginal Inc now dba Wolters Kluwer and the contract number is: 47QFDA20C0001
EORIGINAL, INC
351 W CAMDEN ST STE 800
BALTIMORE, MD 21201-7912
United States
410-652-8023
Ginnie Mae is seeking to obtain a robust electronic vault ("eVault) solution that is fully integrated with the MERS eRegistry to use as secure storage for eNotes and other Trailing eDocs that serve as collateral for Mortgage-Backed Securities (MBS) carrying the Ginnie Mae Guarantee. Ginnie Mae will use the eVault solution as part of its Digital Collateral program to test the processes, policies, and controls necessary to enable Mortgagees participating as Issuers in its MBS Program to securitize federally insured or guaranteed mortgage loans executed on eNotes. For each eNote securitized, Ginnie Mae will use the eVault to update its status as a rights holder in the MERS eRegistry in accordance with various scenarios, including but not limited to, loan payoff, borrower default, or the transfer of mortgage servicing rights, as well as to execute transfers of control and location for eNotes associated with defaulted Issuer portfolios.
Update #2 ·
11/13/2024: To confirm, this is NOT a new requirement. The incumbent is EOriginal Inc now dba Wolters Kluwer and the contract number is: 47QFDA20C0001
EORIGINAL, INC
351 W CAMDEN ST STE 800
BALTIMORE, MD 21201-7912
United States
410-652-8023
Ginnie Mae is seeking to obtain a robust electronic vault ("eVault) solution that is fully integrated with the MERS eRegistry to use as secure storage for eNotes and other Trailing eDocs that serve as collateral for Mortgage-Backed Securities (MBS) carrying the Ginnie Mae Guarantee. Ginnie Mae will use the eVault solution as part of its Digital Collateral program to test the processes, policies, and controls necessary to enable Mortgagees participating as Issuers in its MBS Program to securitize federally insured or guaranteed mortgage loans executed on eNotes. For each eNote securitized, Ginnie Mae will use the eVault to update its status as a rights holder in the MERS eRegistry in accordance with various scenarios, including but not limited to, loan payoff, borrower default, or the transfer of mortgage servicing rights, as well as to execute transfers of control and location for eNotes associated with defaulted Issuer portfolios.
Update #1 ·
Ginnie Mae is seeking to obtain a robust electronic vault ("eVault) solution that is fully integrated with the MERS eRegistry to use as secure storage for eNotes and other Trailing eDocs that serve as collateral for Mortgage-Backed Securities (MBS) carrying the Ginnie Mae Guarantee. Ginnie Mae will use the eVault solution as part of its Digital Collateral program to test the processes, policies, and controls necessary to enable Mortgagees participating as Issuers in its MBS Program to securitize federally insured or guaranteed mortgage loans executed on eNotes. For each eNote securitized, Ginnie Mae will use the eVault to update its status as a rights holder in the MERS eRegistry in accordance with various scenarios, including but not limited to, loan payoff, borrower default, or the transfer of mortgage servicing rights, as well as to execute transfers of control and location for eNotes associated with defaulted Issuer portfolios.
Files
| File | Type | Posted |
|---|---|---|
| 86615525R00001 Amendment 2.pdf | ||
| SF 1449 Continuation eVault 12.3.2024 TRACK Changes AMENDMENT 1.docx | DOCX document | |
| PWS - eVAULT TRACK CHANGES AMENDMENT 1 12.3.2024 doc.doc | DOC document | |
| PWS - eVAULT FINAL AMENDMENT 1 12.3.2024 doc.doc | DOC document | |
| 86615525R00001 Amendment 1.pdf | ||
| Vendor Questions and Government Responses 12.3.2024 AMENDMENT 1.pdf | ||
| S14 Attachment 8 Nondisclosure-Agreement.docx | DOCX document | |
| S14 Attachment 5 Subcontracting Plan Template.docx | DOCX document | |
| S14 Attachment 3 Pricing Worksheet.xlsx | XLSX spreadsheet | |
| 86615525R00001 RFP eVault.pdf | ||
| S14 Attachment 6- Past Performance Survey.docx | DOCX document | |
| S14 Attachment 7- Past Performance Information Chart.docx | DOCX document | |
| S14 Attachment 2 QASP - Digital Collateral eVAULT Re-Compete.doc | DOC document | |
| S14 Attachment 1 PWS - eVAULT Re-Compete (ALU Approved) 11.5.2024.doc | DOC document |
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