FY23 DISB Foreclosure Prevention and Mediation Program
Closed State & local contract opportunity Posted
- Solicitation number
- Doc658611
- State
- District of Columbia
- Responses due
Opportunity facts
Opportunity details come from contracts.ocp.dc.gov. Updated .
About this opportunity
The District of Columbia is seeking proposals for the FY23 DISB Foreclosure Prevention and Mediation Program, a critical procurement aimed at providing comprehensive foreclosure prevention services. The District of Columbia's Department of Insurance, Securities and Banking (DISB) is soliciting competitive bids from qualified organizations capable of delivering targeted foreclosure prevention and mediation support to local homeowners. Prospective contractors must demonstrate expertise in housing counseling, legal mediation, and mortgage intervention strategies designed to help District residents avoid home loss. The solicitation requires detailed proposals outlining specific approaches to foreclosure prevention, including client intake processes, individualized counseling methodologies, and mediation techniques with mortgage lenders. Key deliverables will likely include comprehensive client documentation, intervention success metrics, and quarterly programmatic reports demonstrating tangible outcomes for participating homeowners. The proposal submission deadline is June 6, 2023, with all response materials to be submitted electronically through the District's procurement portal. Interested vendors should carefully review all requirements and prepare comprehensive technical and cost proposals that demonstrate their capacity to effectively serve District residents facing potential foreclosure.
The contract appears to have potential set-aside considerations for local or disadvantaged business enterprises, which is typical for District of Columbia procurement processes. While specific set-aside designations are not explicitly detailed in the provided information, District procurements frequently include provisions supporting minority-owned, small, and local business participation. The procurement does not specify incumbent vendors or existing contract holders for this foreclosure prevention program. Potential contractors should anticipate a robust evaluation process that will likely assess organizational experience, proposed methodological approaches, staff qualifications, and cost structures. Though precise budget ranges are not specified, foreclosure prevention programs typically require significant financial resources to support comprehensive client services, legal interventions, and administrative infrastructure. Vendors should be prepared to demonstrate cost-effectiveness, programmatic efficiency, and a clear understanding of the District's housing preservation objectives.
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