Three-in-one credit services - S00R3600017

The State of Maryland, through the Department of Housing and Community Development (DHCD), is issuing an Invitation for Bids (IFB) for Three-In-One Credit Services, solicitation number S00R3600017. The Department is seeking qualified contractors to provide credit reporting services that combine information from Equifax, Experian, and TransUnion to assist with the analysis of single-family borrower applications for homeownership loans. The scope of work requires the selected contractor to provide comprehensive credit reports on an as-needed basis, with the monthly volume of reports ranging from 20 to 45. The IFB specifies the required content and format of the credit reports, and payment will be made on a per credit report flat fee basis. The bid submission deadline is March 30, 2023, and the contract will be for a two-year base period with no renewal options.

This solicitation does not have any Minority Business Enterprise (MBE) or Veteran-Owned Small Business Enterprise (VSBE) participation goals. The contract is funded with state funds and is not subject to any federal funding requirements. The IFB does not list any incumbent vendors or provide details on the current contract value or budget range. The pre-bid conference held on February 15, 2023 provided an overview of the solicitation requirements, but did not include any additional information on pricing, set-asides, or funding sources.