Request for Information (RFI) - Effects of Interest Rate Reduction on Construction
Closed Special Notice Posted
- Solicitation number
- 36C10F25Q0003
- Agency
-
VA Office of Construction and Facilities Management
Headquarters, Department of Veterans Affairs
- Responses due
- Set-aside
- No set-aside
Opportunity facts
- NAICS code
- 236220 Commercial and Institutional Building Construction
- Place of performance
- Washington, District of Columbia 20001, United States
Notice details come from SAM.gov. Updated .
About this opportunity
This Special Notice is issued by the Department of Veterans Affairs (VA), Office of Construction and Facilities Management, to gather information on how the recent Federal Reserve interest rate reduction will impact contracting for federal construction projects. The VA is conducting this market research to understand the financial implications, contract pricing, project viability, and risk management considerations for firms engaged in federal construction contracting.
The purpose of this Request for Information (RFI) is to solicit detailed feedback from construction firms on the effects of the interest rate reduction, including how it will affect their cost of capital, financing costs, cash flow, bonding capacity, pricing strategies, and bidding competitiveness. The VA is also interested in understanding what factors would make contracting with the government more attractive to these firms. Responses to the RFI are due by October 31, 2024 at 2:00 PM ET and should be submitted via email to the provided contracting points of contact. There are no set-aside requirements or eligibility restrictions for this market research activity.
Notice text
This Request for Information (RFI) is issued by the Department of Veterans Affairs, Office of Facilities Acquisition, Office of Construction and Facilities Management, to understand how the recent Federal Reserve interest rate reduction will impact contracting with the federal Government for construction projects. This RFI is issued solely for information and planning purposes (market research) and does not constitute a solicitation, nor does its issuance obligate or restrict the Government to an eventual acquisition.
Files
| File | Type | Posted |
|---|---|---|
| 36C10F25Q0003 - RFI Interest Rate Reduction on Construction.pdf |
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