SPECIAL NOTICE
B -- Broad Agency Announcement
- Notice Date
- 5/12/2010
- 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-10-HQ-BA-0001
- Archive Date
- 6/15/2010
- Point of Contact
- catherine A gleasman, Phone: 202-874-4832
- E-Mail Address
-
catherine.gleasman@occ.treas.gov
(catherine.gleasman@occ.treas.gov)
- Small Business Set-Aside
- N/A
- Description
- BROAD AGENCY ANNOUNCEMENT No. Tcc-10-HQ-BA-0001 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, May 2010 Research Opportunity Number: Tcc-10-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: Pre-proposals will be accepted until May 31, 2010 at 11:59 pm EST. Proposals will be accepted until June 27, 2010 at 11:59 pm EST. Proposals will be evaluated and considered for funding on a continual basis through May 31, 2010 and June 27, 2010, respectively. Background The Office of the Comptroller of the Currency (OCC), a bureau of the United States Department of the Treasury, is the primary regulator of all nationally chartered banking institutions. The OCC is responsible for promoting the safety and soundness of the country’s national banking system and maintaining its competitiveness, efficiency, integrity and stability in the financial marketplace. Research Opportunity Description: The OCC established this Research Initiative to maintain its support for high-quality research on modeling issues related to valuations and risk measurement that arise from the use of complex non-experimental and often incomplete data – data typically used by banks to develop risk models for trading, asset liability management, asset management, credit scoring, compliance, operation risk, underwriting, account management, risk management, and regulatory capital purposes. Banks have been using statistical models 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 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 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 the OCC Research Initiative is to develop an ongoing partnership with established research centers to engage in state-of-the-art research on data analysis, integrating econometrics, statistics and information theory; disseminate research findings using a variety of mediums to inform the academic community, policymakers, and the public; and provide training and funding support for graduate students and postgraduates to conduct research related to its research program. For all proposals submitted to the OCC, the OCC must ensure that the Contractor does not have a conflict of interest and is not biased because of its financial, contractual, organizational, or other interests that relate to the work under the proposal. A conflict of interest means that because of other activities or relationships with other persons, a person is unable or potentially unable to render impartial assistance or advice to the Government, or the person’s objectivity in performing the contract work is or might be otherwise impaired, or a person has an unfair advantage. A proposal to the OCC’s Research Initiative should address one or more of the following: 1. Research, evaluation and data development. The research program should 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. Organizing and conducting conferences and workshops on special topics related to relevant research. 3. Training and education. 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 Marguerite G. Brown, Contracting Officer, Pre – Award Team Lead, via email Marguerite.Brown@occ.treas,gov II. AWARD INFORMATION It is anticipated that the awards will be made in the form of purchase orders. The awards will be made at funding levels commensurate with how the proposals meet the evaluation criteria in Section V and in response to agency missions. Each individual award will be individually negotiated. The OCC may establish a deadline for the close of fact-finding and negotiations that allows a reasonable time for award of a contract. Firms may be removed from award consideration should the parties fail to reach agreement on contract terms, conditions and/or cost/price within a reasonable time. 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 pre-proposals and proposals submitted under this BAA are expected to address the objectives of 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 - Prospective offerors are encouraged to submit pre-proposals 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 pre-proposals received prior to the deadline (5/31/2010 at 11:59 p.m. EST). Based on an assessment of the pre-proposal, 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 (6/27/2010 at 11:59 p.m. EST). All proposals submitted under the terms and conditions cited in this BAA will be evaluated in accordance with the evaluation criteria stated herein. Both pre-proposals and proposals should address any intellectual property issues related to the proposal, e.g. licensing and copyright of information. 2. Submission of Pre-proposals Pre-proposals shall be submitted electronically to Catherine.Gleasman@occ.treas.gov. The email subject line should contain the following: Tcc-10-HQ-BA-0001. Pre-proposals received after the deadline of 5/31/2010 at 11:59 p.m. EST 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). Pre-proposal content should be as follows: • A one page cover letter (optional) • A cover page, labeled “PRE-PROPOSAL,” 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 • Statement that firm is not aware of any conflicts of interest The pre-proposal should provide sufficient information on the strategic goals of the research center sponsoring the proposal and the scope of the proposed initiatives (e.g., research, dissemination channels, and training and education programs) to allow for an assessment as to whether a full proposal submission is warranted. Evaluation of Pre-Proposals Pre-proposals will be reviewed by a subject matter expert who is a Government employee. The subject matter expert will make a recommendation to the firm as to whether a full proposal is warranted based on the pre-proposal submission. 3. Submission of a Full Proposal Proposals shall be submitted electronically to Catherine.Gleasman@occ.treas.gov. The email subject line should contain the following: Tcc-10-HQ-BA-0001. Proposals received after the deadline of 6/27/2010 at 11:59 p.m. EST will not be considered for funding in the current fiscal year. Full proposals must include the following: • A one page cover letter (optional) • A cover page, labeled “PROPOSAL,” 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 researchers• Statement that firm is not aware of any conflicts of interest 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 pre-proposal 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 pre-proposal submission. Questions regarding CCR registration may be directed to the OCC Point of Contact. 5. Pre-proposal and Full Proposal Receipt Notices Acknowledgement of receipt of a pre-proposal and/or proposal under this BAA will be accomplished via email to the addressee approximately one week after submission. 6. Late Submission of Pre-proposals and Proposals Any pre-proposal arriving after the deadline (11:59 p.m. EST on 5/31/2010) may not be reviewed and may not receive a recommendation. Any full proposal submitted after the time and date for submission (11:59 p.m. EST on 6/27/2010) will not be considered for award for the current fiscal year V.EVALUATIONINFORMATION 1.EvaluationCriteria 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 Initiative. 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 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. Award decisions will be made on an acceptable or nonacceptable basis.
- Web Link
-
FBO.gov Permalink
(https://www.fbo.gov/spg/TREAS/OCC/ASDMS413/TCC-10-HQ-BA-0001/listing.html)
- Place of Performance
- Address: TBD, United States
- Record
- SN02147745-W 20100514/100512235143-674b8fdd5d049efe18ce62658b33c291 (fbodaily.com)
- Source
-
FedBizOpps Link to This Notice
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