Loan and lender monitoring system (l/LMS)

The purpose of this order is to provide assistance to the U.S. Small Business Administration (SBA) with loan, lender, and portfolio monitoring, oversight, and credit risk management services on the Agency's 7(a) and 504 loan portfolios and its participant lenders. SBA is seeking services consistent with the best practices utilized by the commercial lending industry for credit risk management including early warning indicators of possible changes in portfolio performance trends. The Contractor shall provide support consistent with these objectives. However, given the constant evolution of best practices in the commercial lending industry, the Contractor shall ensure that it provide SBA with services, analysis, and models that are updated and enhanced (continuous process improvement) to reflect current, relevant, and reflect industry best practices.

The SBA wants to ensure that the loan and lender credit risk management services for 7(a), 504 (and other, where applicable) loan portfolios and its participant lenders it is acquiring are consistent with the best practices utilized by the commercial lending industry for credit risk management (including early warning indicators of possible changes in portfolio performance trends). Moreover, the L/LMS contractor must maintain the currency and relevance of provided services and models and update those services and models to reflect evolutions in industry best practice.