SPECIAL NOTICE
B -- Broad Agency Announcement
- Notice Date
- 3/3/2009
- Notice Type
- Special Notice
- NAICS
- 541720
— Research and Development in the Social Sciences and Humanities
- Contracting Office
- Department of the Treasury, Comptroller of the Currency (OCC), Acquisition Management (AQM), 250 E Street, SW, Mail Stop 4-13, Washington, District of Columbia, 20219
- ZIP Code
- 20219
- Solicitation Number
- Tcc-09-HQ-BA-0001
- Archive Date
- 8/15/2009
- Point of Contact
- Catherine Gleasman,, Phone: (202) 874-4832, Brett A Blake,, Phone: 202-874-5541
- E-Mail Address
-
catherine.gleasman@occ.treas.gov, brett.blake@occ.treas.gov
- Small Business Set-Aside
- N/A
- Description
- BAA Announcement No. Tcc-09-HQ-BA-0001 BROAD AGENCY ANNOUNCEMENT I.GENERAL INFORMATION Agency Name The Office of the Comptroller of the Currency, 250 E Street SW, Washington, DC 20219. Issuing Acquisition Office: The Office of the Comptroller of the Currency, Acquisitions Management – Mail Stop FM-4, 250 E Street SW, Washington, DC 20219. Research Opportunity Title Office of the Comptroller of the Currency (OCC) Research Initiative Announcement Type and Date Initial Announcement – Research Initiative, March 2009 Research Opportunity Number Tcc-09-HQ-BA-0001 Pricing Any resulting order that is established as a result of this notice will be separately priced and negotiated and include appropriate terms and conditions consistent with applicable regulations. Response Due Dates White papers will be accepted until July 31, 2009 5:00 pm EST. Proposals will be accepted until August 28, 2009 5:00 pm EST. Proposals will be evaluated and considered for funding on a continual basis. Research Opportunity Description The OCC is establishing this Research Initiative to maintain its support for high-quality research on modeling issues that arise from the use of complex non-experimental and often incomplete data – data typically used by banks to develop risk models for underwriting, account management, and regulatory capital purposes. Banks have been using statistical models for underwriting and account management purposes for several decades, however, until recently their models were developed using relatively simplistic statistical modeling techniques. With the recent advancements in computing technology and the increased availability of loan-level data, banks are developing models for pricing, securitizations, and regulatory/economic capital that incorporate advances in theoretical and applied modeling procedures. These include more complex sample designs and innovative estimation techniques that rely on advanced statistical, econometric and information theoretic techniques. With the introduction of new techniques, however, the risk of model failure increases until the procedure and techniques as applied to banking are thoroughly tested and evaluated and verified by an independent review process. Although the primary responsibility for assessing the suitability of these models rests with each individual bank as part of their validation processes, bank supervisors increasingly will be required to understand the technical details of these models and, when warranted, recommend adjustments or enhancements to the model design as part of the supervisory process. At the OCC, examiners rely on the economists in the Risk Analysis Divisions (RAD) to review these models and provide expert opinions regarding their use to OCC examiners and bank staff; and to train OCC examiners on certain aspects of model-risk analysis. However, advances in risk-model techniques are developing quickly due to market reliance on risk-based pricing, the need to value portfolios of securitized loans, and the inclusion of risk measurement tools under the Advanced Internal Ratings Based approach of the Basel II Capital accord. Many of the techniques under consideration by banks are too new or too specialized to be studied within the traditional university framework. One mechanism to further the OCC’s ability to review these models and provide expert opinions is represented by this broad agency announcement. The OCC’s Research Initiative is seeking proposals that would provide an environment for cooperative research across multiple disciplines on joint work with applied researchers from such fields as business, economics, statistics, and finance to investigate alternative methods of developing models when the structure of the data is less than ideal. The objectives of proposals to the OCC’s Research Initiative should be one or more of the following: 1.Research, evaluation and data development. Planning, initiating and maintaining a program to engage in state-of-the-art research on data analysis, integrating econometrics, statistics and information theory. The research program will focus on developing new ideas and new methods to analyze complex or incomplete and limited data. Providing researchers with financial and intellectual support to carry on that research and foster an exchange of ideas. 2.Dissemination. Disseminating research findings using a variety of mediums to inform the academic community, policymakers, and the public. Organizing and conducting conferences and workshops on special topics related to relevant research. 3.Training and education. Training and providing funding support for graduate students and postgraduates to conduct research related to its research program. Providing short courses, workshops, and training sessions in all areas of econometrics and statistical modeling. Reporting Requirements Each award shall include the required technical and financial reporting requirements as described in paragraph 4 of Section V. Point(s) of Contact and Questions Comments or questions submitted should be concise and reference the relevant part and paragraph of the BAA. Please take caution when submitting questions containing proprietary or sensitive information. Questions shall be directed to Acquisitions Management, Point of Contact, Catherine A. Gleasman, Contract Specialist, via email at Catherine.Gleasman@occ.treas.gov Or Brett Blake, Contracting Officer, Team Lead, via email Brett.Blake@occ.treas,gov II.AWARD INFORMATION It is anticipated the awards will be made in the form of purchase orders. The awards will be made at funding levels commensurate with the proposed research and in response to agency missions. Each individual award will be individually negotiated. III. ELIGIBILITY INFORMATION This BAA is open to institutions of higher education (universities) with degree- granting programs Entities organized under section 501(c)4 of the Internal Revenue Code that engage in lobbying are not eligible. IV.APPLICATION AND SUBMISSION INFORMATION 1.General Information The white papers and proposals submitted under this BAA are expected to address the research initiative. The proposal submissions will be protected from unauthorized disclosure in accordance with applicable laws, the Federal Acquisition Regulation (FAR) and OCC terms and conditions. Offerors are expected to appropriately mark each page of their submission that contains proprietary information. The proposal submission process has two stages. Stage 1 – Propsective offerors are encouraged to submit white papers to minimize the labor and cost associated with the production of detailed proposals that have very little chance of being selected for award. OCC will review all white papers received prior to the deadline (7/31/2009). Based on an assessment of the white paper, the OCC will provide prospective recipients a recommendation to either submit a full proposal or to not submit a full proposal.. Stage 2 -- OCC will evaluate all proposals received prior to the deadline (8/28/2009). All proposals submitted under the terms and conditions cited in this BAA will be evaluated in accordance with the evaluation criteria stated herein. 2.Submission of White Papers White papers shall be submitted electronically to Catherine.Gleasman@occ.treas.gov. The email subject line should contain the following: Tcc-09-HQ-BA-0001. White papers received after the deadline of 7/31/2009 may not be reviewed. •Paper size when printed - 8.5 x 11 inch paper •Margins - 1 inch •Spacing - single •Font – No smaller than Times New Roman, 10 point •Number of pages – no more than four (4) single-sided pages (excluding cover letter, cover, and curriculum vitae). White paper content should be as follows: •A one page cover letter (optional) •A cover page, labeled “PROPOSAL WHITE PAPER,” that includes the BAA number, proposed title, and offeror’s technical point of contact with telephone number, facsimile number, e-mail address, topic number, and topic title •Identification of the research and issues •Proposed methods •Potential team and management plan •Summary of estimated costs •Curriculum vitae of key researches The white paper should provide sufficient information on the research being proposed (e.g., hypothesis, theories, concepts, methods, approaches, data collection, and measurement) to allow for an assessment as to whether a full proposal submission is warranted.. 3.Submission of a Full Proposal Full proposals shall be submitted via email to the OCC Point of Contact. 4.Registration Requirements There is a one-time action that an offeror must complete in order to be considered eligible for award, register with the Central Contract Registry (CCR) (http://www.ccr.gov/). An offeror may submit a white paper and/or full proposal prior to registering, however an award will not be made until the offeror has registered (see Section VI). Applicants who are not registered with CCR should allow at least 21 days to complete these requirements. It is suggested that the process be started upon initial white paper submission. Questions regarding CCR registration may be directed to the OCC Point of Contact. 5.White Paper and Full Proposal Receipt Notices Acknowledgement of receipt of a white paper and/or proposal under this BAA will be accomplished via email to the addressee approximately one week after submission. 6.Late Submission of White Papers and Proposals Any white paper arriving after the deadline may not be reviewed and may not receive a recommendation. Any full proposal submitted after the time and date for submission may not be considered for award for the current fiscal year, although, it may be considered for a future fiscal year. V. EVALUATION INFORMATION 1. Evaluation Criteria Full proposals will be evaluated by an evaluation panel to assess whether the proposal is likely to meet the objectives of the OCC’s Research Institute. The assessment will focus on scientific merit (criterion a, below) and relevance and potential contributions to OCC (criterion b, below), although the other criteria (c and d below) may also be used in making the assessment. The first two evaluation factors are of equal importance: a.Scientific merit, soundness, policy relevance and programmatic strategy of the proposal b.Relevance and potential contributions of the proposal to the objectives of the OCC’s Research Initiative The following criteria are each of lesser importance than any of the above two: c.Quality of the staffing, such as research experience and demonstrated research skills d.Realism of cost 2.Evaluation Panel White papers will be reviewed by a subject matter expert who is a Government employee. Full proposals will be reviewed by an evaluation panel chaired by the responsible Technical Evaluation Team (TEP) Chairman. The evaluation panel will consist of subject matter experts who are Government employees. 3.Selection Process Full proposals will undergo a single stage evaluation procedure. The respective evaluation team will review each white paper and make the recommendations for full proposals based on the white paper responses. Award decisions will be made on an acceptable or nonacceptable basis. 4.Reporting In general, for each award, quarterly progress reports are required, which will summarize the technical progress and accomplishments during the performance period. Specific reporting requirements will be included in each resulting award. VI.AWARD ADMINISTRATION INFORMATION Successful offerors must be registered in the Central Contractor Registry before any award can be made from this BAA. Information on CCR registration is available at www.ccr.gov. Questions regarding CCR registration may be directed to the OCC Point of Contact.
- Web Link
-
FedBizOpps Complete View
(https://www.fbo.gov/?s=opportunity&mode=form&id=c6f5286d54e9b659daeadf1170b3ef35&tab=core&_cview=1)
- Place of Performance
- Address: TBD, United States
- Record
- SN01760457-W 20090305/090303215908-c6f5286d54e9b659daeadf1170b3ef35 (fbodaily.com)
- Source
-
FedBizOpps Link to This Notice
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