Loren Data's SAM Daily™

SAMDAILY.US - ISSUE OF MARCH 04, 2021 SAM #7035
AWARD

R -- Follow-on Loan Portfolio Servicing and Accounting Services contract to 773444-20-C-0003.

Notice Date

3/2/2021 2:05:58 PM
 

Notice Type

Award Notice
 

NAICS

522390 — Other Activities Related to Credit Intermediation
 

Contracting Office

OFFICE OF ACQUISITION Washington DC 20527 USA
 

ZIP Code

20527
 

Solicitation Number

773444-21-C-0011
 

Archive Date

03/09/2021
 

Point of Contact

Mit Pancholi
 

E-Mail Address

mital.pancholi@dfc.gov
(mital.pancholi@dfc.gov)
 

Award Number

773444-21-C-0011
 

Award Date

02/16/2021
 

Awardee

PNC BANK NATIONAL ASSOCIATION Lenexa KS 66210 USA
 

Award Amount

373906.34
 

Description

Loan Accounting and Reporting; Registration and Transfer of Securities: The contractor must act as registrar, paying and transfer agent (functions as Paying and Transfer Agent, in connection with a Housing Guaranty borrowing; Maintenance of Documents; Financial Reporting: The contractor shall establish and maintain a computerized, loan-related and transactional-based accounting system to provide input from this data base to the agency's automated accounting system and to prepare timely and accurate reports; Treasury Report on Receivables (TROR); U.S. Treasury Foreign Credit Reporting System (FCRS); Annual Confirmation as directed by DFC on an annual basis; Loan Accounting System; Paris Club; Rescheduling; Financial Data: The contractor shall provide USAID all financial information from records maintained by the contractor necessary to prepare financial statements and other reports on the status of the loans. Post contract transition support to ensure smooth transition of data and materials to the DFC. The contractor Midland Loan Services was under contract with the US Agency for International Development (contract AID-OAA-15-00084) to perform the services. This contract was transferred to the DFC in accordance with the transfer provisions of the BUILD Act. The contract is ending February 6, 2021 and DFC has determined that it will perform most of the services currently provided by the contractor in house. However DFC requires the contractor to continue providing the services beyond the contract end date while DFC transitions to taking on performance of the duties and converts data from Midlands systems. This project is not expected to be complete by the end date of the contract. It is also contemplated that DFC will require post-transition support to ensure DFC understands the data and materials transferred to the DFC. The work requires specialized knowledge of the subject portfolios which are unique, as well as the necessary system and data to perform the services required.� The contractor, and only the contractor, has the data, system, and unique experience necessary to immediately perform these services during this period of transition away from the contract.
 

Web Link

SAM.gov Permalink
(https://beta.sam.gov/opp/cd1504dae88d4109b0d6beeeb96593de/view)
 

Place of Performance

Address: DC 20257-0001, USA

Zip Code: 20257-0001

Country: USA
 

Record

SN05930128-F 20210304/210302230102 (samdaily.us)
 

Source

SAM.gov Link to This Notice
(may not be valid after Archive Date)

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