Loren Data Corp.

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COMMERCE BUSINESS DAILY ISSUE OF APRIL 28,1998 PSA#2083

U.S. Department of HUD, Denver Asc, Kansas City Contracting Branch (7AAC), 400 State Avenue, Kansas City, KS 66101-2406

R -- SINGLE FAMILY CLOSING AGENT, EASTERN ONE-HALF OF THE STATE OF MISSOURI SOL B-KAN-00078 DUE 060998 POC Jane E. Phillips, Contract Specialist, 913-551-5874 WEB: Click here to download the solicitation from HUD Contracting Opprtunities Web Page, http://www.hud.gov/cts/ctsoprty.html. E-MAIL: Click here to contact Jane E. Phillips, Jane_E._Phillips@hud.gov. This is an Invitation for Bid to provide sales closing services for the single family (1-4 units) properties owned by the U.S. Department of Housing and Urban Development in the Eastern one-half of the State of Missouri including the greater St. Louis Metro Area. The primary objectives of this contract are to ensure that: The sale of all properties assigned to the contract close within the time stipulated by the Sales Contract; prompt and accurate payment of all closing charges are made; and the net proceeds of each sale are deposited to a non-interest bearing escrow account and request is initiated for the wire transfer of the proceeds via FEDWIRE to HUD's account with the U.S. Treasury on the day of closing or no later than the next banking day. THE CONTRACT WILL NOT BE PERMITTED TO SELL TITLE INSURANCE, TITLE UPDATES, TITLE REPORTS, ETC. TO BUYERS OF HUD REO PROPERTIES IN THE PERFORMANCE OF THEIR DUTIES UNDER THIS CONTRACT. UNDER THIS CONTRACT, THE CONTRACTOR SHALL NOT PERFORM CLOSING ON REO PROPERTIES FOR ANY OTHER PARTY OTHER THAN HUD. This procurement is for one (1) base year plus two (2) one (1) year options. HUD posts all required notices of its contracting opportunities on its Internet Home Page Contracting Opportunties site at http://www.hud.gov/cts/ctsoprty.html. Potential offerors who download copies of the solicitations from HUD's Home Page will NOT acutomatically receive any amendments to those solicitations. You are advised to check back frequently to see if HUD has issued any amendments to solicitations you have obtained. All amendments will be posted on, and may be downloaded from, HUD's Home Page Contracting Opportunities site. (0114)

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