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Asset Management Services

Active
C-OPC-23642Federal

Contract Overview

Solicitation details, issuing organization, response deadlines, documents, and interested companies for this government contract opportunity.

AI Contract Overview

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The contract pertains to Asset Management Services under the Department of Housing and Urban Development, specifically facilitated through a Class Justification under FAR Part 8.405-6(a)(1)(i)(C) as a logical follow-on for 16 distinct asset management service contracts. The solicitation number for this contract is C-OPC-23642, associated with NAICS code 522310, indicating financial investment activities. The primary office managing this contract is located in Atlanta, Georgia, with key points of contact including Contracting Officer Joy V. Fryer-Scott and Director Craig Karnes of the M&M Acquisition Center. This procurement action is aimed at continuing or expanding asset management services critical to the agency's operational needs, as detailed in accompanying justifications documented in the JOFOC. While specific performance locations are not stated, the contract supports HUD’s asset management functions, potentially through multiple service locations. The procurement does not specify any particular set-aside type, suggesting open competition among qualified service providers is either implied or governed by FAR regulations in place for follow-on contracts of this nature.

General Info

Asset Management Services contract for HUD, Atlanta, under NAICS 522310, follow-on competition.

NAICS

522310 - Mortgage and Nonmortgage Loan Brokers

Place of Performance

See attached JOFOC, GA, USA

Set-Aside

NONE

Documents

1

Class_JOFOC_3.0_AM.pdf

PDF

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Timeline

Posted

special-notice

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Organization & Contact Information

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AgencyDepartment Of Housing And Urban Development → Department Hud-Cheif Procurement Officer
Contacts2 people available
OfficeATLANTA, GA, 30303, USA
Office AddressATLANTA, GA, 30303, USA
Contacts
Joy V Fryer-ScottContracting Officer
Craig KarnesDirector, M&M Acquisition Center

Full Description

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This is a Class Justification under FAR Part 8.405-6(a)(1)(i)(C) Logical Follow-on for 16 Asset Management Services (AM): C-OPC-23630 C-OPC-23628 C-OPC-23635 C-OPC-23636 C-OPC-23631 C-OPC-23645 C-OPC-23644 C-OPC-23642 C-OPC-23641 C-OPC-23640 C-OPC-23638 C-OPC-23639 C-OPC-23633 C-OPC-23634 C-OPC-23637 C-OPC-23632 See attached JOFOC

Similar Contracts

Same NAICS industry code

NAICS: 522310
Federal
Bundling Notice - USDA Rural Development (RD) Loan Servicing & Operational Support
Solicitation # 12E3-RD-TBD
USDA Rural Development is consolidating multiple fragmented loan-servicing support functions into a single nationwide Blanket Purchase Agreement under the GSA Multiple Award Schedule, specifically utilizing SIN 522310 for Financial Advising, Loan Servicing, and Asset Management. The goal is to streamline operations, improve service consistency, enhance regulatory compliance, and achieve significant cost savings of 8.65% across a portfolio valued at over $94 million, including all option years. The contract, structured with a one-year base and nine optional years, will be performed primarily from Saint Louis, Missouri, and will require the prime contractor to deliver end-to-end servicing including loan modification, workout strategies, digital modernization, and audit and compliance support. Market research concluded that no small business can perform at least 50% of the requirement due to the scale, complexity, and technical demands, justifying a substantial bundling action under FAR 7.107-2, with the SBA formally coordinated and a Determination and Findings document supporting the decision. Despite the prime being restricted to other-than-small businesses, a 22% small business subcontracting goal has been established, and Contract Team Arrangements are permitted to enable small business participation through GSA Schedule vehicles. Evaluation will prioritize small business participation as the primary factor, alongside technical approach, past performance, and cost, indicating a trade-off method rather than LPTA. The contractor must hold MISMO certification, demonstrate experience managing large federal loan portfolios, and maintain robust compliance and audit teams. No security clearances are required, but performance will be assessed against operational benchmarks including regulatory compliance rates, error reduction, timeliness, and borrower outcome improvements. Invoicing, payment, and detailed accounting data are not specified, but oversight is retained by the USDA Rural Housing Service’s Servicing Office, which holds inherently governmental authority for final acceptance. The contract is set to be awarded through SAM.gov with a posting date of July 27, 2026, and point of contact is James Sowden with Bridget Purdy as secondary.
Rural Housing Service

POSTED

3 months ago

DEADLINE

N/A
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