Independent Validation Support Services

Closed Pre-Solicitation Posted

Solicitation number
24-0005
Agency
Department of Housing and Urban Development
Responses due
Set-aside
Competitive 8(a)

Opportunity facts

NAICS code
52399 All Other Financial Investment Activities
PSC
R411 Support- Professional: Real Property Appraisals
Place of performance
Washington, District of Columbia 20410, United States
Points of contact

Notice details come from SAM.gov. Updated .

About this opportunity

The Department of Housing and Urban Development (HUD) is issuing a sources sought synopsis to identify parties interested in and capable of providing independent validation support services for the agency's financial and actuarial models. The services required include validating the data, assumptions, theory, mathematics, code, controls, tolerances, outputs, and overall risk of HUD's single-family mortgage insurance and commercial loan models on an annual basis. HUD is seeking a minimum of two subject matter experts with relevant experience in mortgage modeling, valuation, and validation. Responses are due by December 22, 2023, and the agency will use the feedback to determine the appropriate procurement method, which may include a competitive 8(a) set-aside.

The estimated value of the contract is $5.5 million, and the applicable NAICS code is 523920 (All Other Financial Investment Activities) with a PSC code of R411 (Support- Professional: Real Property Appraisals). HUD has not provided any information about potential incumbent contractors, but the agency may opt to award multiple contracts based on the responses received. The initial contract term is for one year, with the potential for up to four one-year option periods.

Notice text

The Department of Housing and Urban Development (HUD) is issuing this sources sought synopsis as a means of conducting market research to identify parties having an interest in and the resources to support this requirement for providing Independent Validation Support Services for the financial / actuarial models. The result of this market research will contribute to determining the method of procurement. The applicable North American Industry Classification System (NAICS) code assigned to this procurement is 523920. The product service code is R411.

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