Simone L. Terry

Simone L. Terry serves as a Contract Specialist within the Department of Housing and Urban Development’s Hud-cheif Procurement Officer office (Code: 86544A), where she plays a pivotal role in executing acquisitions that support the stewardship of federally held real estate assets. Her responsibilities encompass the full lifecycle of procurement for property management, appraisal, and settlement services critical to the disposition and maintenance of Real Estate Owned (REO) properties. She ensures compliance with federal acquisition regulations while aligning contracting actions with HUD’s mission to maximize asset value and operational efficiency across the nation’s housing portfolio. Simone collaborates primarily with professional service providers specializing in real estate valuation, title services, and residential property management. Her contractor relationships are built on long-term partnerships with firms possessing deep expertise in federal real estate protocols, including those certified under socioeconomic programs. She fosters transparent, performance-driven vendor relationships, emphasizing accountability, data integrity, and adherence to federal standards in asset disposition and field operations. A staunch advocate for small business participation, Simone consistently prioritizes Small Business Set-Asides under FAR 19.5, with approximately 85% of her acquisitions reserved for small businesses. Her contracting patterns reflect a strong commitment to socioeconomic equity, with a notable emphasis on 8(a) competed awards and a deliberate effort to engage historically underrepresented firms in real estate professional services. Her procurement focus is concentrated in NAICS 531320 (Real Estate Appraisers), which accounts for nearly 70% of her portfolio, followed by title abstract and settlement services (541191) and residential property management (531311). Simone brings specialized expertise in procuring technical services essential to asset valuation, title clearance, and property oversight, ensuring that HUD’s REO portfolio is managed with precision, compliance, and market-aware strategies.