Loren Data Corp.

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COMMERCE BUSINESS DAILY ISSUE OF OCTOBER 30,1995 PSA#1462

U. S. Department of Housing and Urban Development, Office of Procurement and Contracts, Program Support Division (ARCS), 451 7th Street, SW, Room 5258, Washington, DC 20410-3000

R -- MANAGING AND MARKETING OF HUD PROPERTIES IN HUD MARYLAND STATE OFFICE SOL DU100C000018501 DUE 121495 POC George Chabot, Contract Specialist, (202) 708-1585, x139; A. Dolores Ammons-Barnett, Contracting Officer, (202) 708-1585, x134. MANAGING AND MARKETING OF HUD PROPERTIES IN HUD MARYLAND STATE OFFICE. As part of a demonstration program, the Department intends to procure the services of a Management and Marketing Contractor for the real estate owned functions located in the state of Maryland. The entire demonstration program will include three areas, the other two areas will be advertised and competed separately. The services are needed to ensure that: properties which are in HUD's custody are protected and preserved pending conveyance; properties which are owned by HUD are properly managed, evaluated, and marketed in a manner which produces the highest possible return to the mortgage insurance funds; properties under sales agreements are promptly closed; and average losses on sales and the average time properties remain in the inventory are reduced. The successful Contractor for the HUD Maryland state area will be required to provide all facilities, materials, supplies, equipment, labor, services and working capital required to successfully manage single family properties (1 - 4 units) owned or in the custody of HUD located in the state of Maryland, to successfully market those single family properties which are owned by HUD, and to successfully oversee the sales closing activity. The RFP will be available, upon written request, on or about November 14, 1995. Those interested in receiving a copy of the solicitation should submit two self-addressed mailing labels to the above address. Please indicate the applicable solicitation number in your request. No telephone or faxed requests will be accepted. No RFPs forwarded nor offers accepted via fax. (0299)

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