R -- Credit Accounting Services

The Bureau of the Public Debt plans to procure specialized credit accounting services through a sole-source contract with J. Thomas Luter, based in Noblesville, Indiana, pending final approval. The services focus on credit accounting and managing federal programs related to direct and guaranteed loans, supporting existing operations for Treasury Agency Services (TAS). Mr. Luter was chosen specifically for his expertise and experience in developing government-wide federal financial and credit policy, as guided by Treasury, FASAB, and OMB standards. No formal solicitation document is available, and the Bureau invited affirmative responses by September 23, 2005, with documentation proving the ability to offer more advantageous terms to the government. In the absence of valid competing offers, the contract will be awarded solely to Mr. Luter. The contract is identified under the solicitation number RFQ-FS-05-0003 and categorized as a Total Small Business Set-Aside under NAICS code 541219. This emphasizes the government’s intent to support small business participation while ensuring the specialized nature of the service requires the unique qualifications of the selected contractor. The request for additional information will not be considered an affirmative response, reinforcing the Bureau’s preference for direct offers demonstrating superior terms. The contract’s scope, solicitation type, and criteria are tailored to ensure continuity and expertise in managing federal credit accounting services for Treasury’s financial programs.