Verification of Lender Eligibility (VOLE)

Closed Solicitation Posted

Solicitation number
86615620R00014
Agency
Department of Housing and Urban Development
Responses due
Set-aside
No set-aside

Opportunity facts

NAICS code
519130 Internet Publishing and Broadcasting and Web Search Portals
PSC
R612 Support- Administrative: Information Retrieval
Place of performance
USA

Notice details come from SAM.gov. Updated .

About this opportunity

The Department of Housing and Urban Development is soliciting proposals to provide verification of lender eligibility services for the Federal Housing Administration. The selected contractor will be required to verify that newly proposed and recertifying lenders and housing counseling agencies seeking to participate in FHA programs meet eligibility requirements under the National Housing Act, HUD regulations, and related guidance. Offerors must demonstrate experience verifying eligibility for similar programs. Evaluation will be based on technical approach, past performance, and price. Proposals are due by October 16, 2020.

There is no set-aside designation. The NAICS code is 519130. West Publishing Corporation is the incumbent contractor. Services will include verifying eligibility qualifications for unlimited applicants online and providing related user support, training, and reporting nationwide over a one-year base period and four one-year options. The current contract value is undisclosed, though total contract value may be significant based on five-year term and unlimited verification volume.

Notice text

The Federal Housing Administration (FHA) within the Department of Housing and Urban Development (HUD) must verify that all newly proposed applicants and recertifying applicants, seeking to become or remain FHA-approved Lenders and FHA-approved housing counseling agencies, are eligible to participate in these HUD FHA programs. This verification also applies to interested principals and specific personnel of each lending and housing counseling agency.  Participants must comply with numerous requirements of the National Housing Act, HUD regulations, handbooks and related Mortgagee Letters. HUD is responsible to verify each applicant’s eligibility to participate in the HUD FHA programs.

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