HECM Financial Interviewing and Resources Support

Added: Jan 19, 2016 9:47 am This is a notice of intent to award a sole source contract under statutory authority 10 USC 2304(c) (1), set forth in Federal Acquisition Regulation 6.302-1, "Only One Responsible Source and No Other Supplies or Services Will Satisfy Agency Requirements" to National Council on Aging, Inc. The Government intends to purchase contractor support to assist the Office of Housing Counseling, (OHC) with financial counseling for senior homeowners interested in a Home Equity Conversion Mortgage (HECM). Additionally, the contractor will provide a proprietary web-based program/tool (Financial Interview Tool (FIT) analysis and Benefits Check-Up (BCU) tool) to provide a financial assessment of each senior homeowner interested in a HECM.

This notice of intent is not a request for competitive proposals; however, all responses received by the closing date and time will be considered for future requirements. A determination by the Government not to compete this proposed contract action based upon responses to this notice is solely within the discretion of the Government as to the ultimate acquisition approach, nor should it be construed as a commitment by the Government.