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COMMERCE BUSINESS DAILY ISSUE OF APRIL 13,1999 PSA#2323

U.S. Dept. Of HUD, Ofc. of Procurement & Contracts, Admin. Support Div. (ARCA), 451 7th St., Sw, Rm. 5266, Washington, DC 20410-3000

R -- HOME EQUITY CONVERSION LOANS SOL HECM (2) DUE 042699 POC Amelia McCormick, Contracting Officer (202) 708-1772 ext. 7127, Catherine Pinkney (202) 708-1772 ext. 7125 WEB: Click here to download the request from the HUD Contracting, http://www.hud.gov/cts/ctsoprty.html. E-MAIL: Click here to contact Catherine B. Pinkney, Catherine_B._Pinkney@hud.gov. The Department of Housing and Urban Development (HUD) plans to issue a Request for Quotations (RFQ) under the Simplified Acquisition procedures for services of a contractor for the servicing of Secretary-held Home Equity Conversion Loans. This will be an unrestricted acquisition open to both large and small business. All offerors must be FHA approved Mortgage/ lenders as stated in the Code of Federal Regulations (CFR) Title 24, Part 202 "Approval of Lending Institutions and Mortgagees." A transitional period not to exceed thirty days may be required for a new contractor for the purpose of receiving loan files/ documents and establishing the financial data in the contractors automated system's database. A formal RFQ will be issued on or about 04/26/99. The period of performance will be from the date of award through September 30, 1999. All request for the RFQ shall be faxed to Catherine Pinkney on (202) 708-2933, no telephone request will be accepted. HUD posts all required notices of its contracting opportunities on its Internet Home Page Contracting Opportunities site at http://www.hud.gov/cts/ctsoprty.html. Potential offerors who download copies of solicitations from HUD's Home page will not automatically receive any amendments to those solicitations. You are advised to check back frequently to see if HUD has issued any amendments to solicitations you hav obtained. All amendments will be posted on and may be downloaded from HUD's Home Page Contracting Page Opportunities. Posted 04/09/99 (W-SN318149). (0099)

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