HUD Sources Sought: Home Equity Conversion Mortgage (HECM) Accounting Business System

Notice ID: NOF-FY25-002

Department of Housing and Urban Development (HUD) is issuing this Source of Sought as a means of conducting market research to identify parties having an interest in and the resources to support this requirement for a contractor’s solution to provide business services for the Home Equity Conversion Mortgage (HECM) Accounting Business System.

This will be a new contract based on current award 86615324C00012. The current contract encompasses both accounting and business services and was formally procured as a sole source bridge. The proposed new contract will only include the accounting business service module.

Historically this service used a small business set aside strategy under NAICS code 541249; however, the program is open to other NAICS codes and acquisition strategies, if more appropriate. The program is also open to questions and input into the draft PWS as we intend to develop a rigorous project. General Description of Work:

• Development of an Accounting Business System
• Help desk support and training
• Certification and Accreditation (ATO)
• Testing

The period of performance shall be for one base period of 12-months and four 12-month optional periods, if exercised.

Read more here.

🔊 Listen to Story