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COMMERCE BUSINESS DAILY ISSUE OF NOVEMBER 7,1996 PSA#1717Department of Housing and Urban Development, Government National
Mortgage Association (Ginnie Mae), Contracting Division, Room 6151, 451
Seventh Street, S.W., Washington, D.C. 20410 R -- IPA FINANCIAL STATEMENT REVIEWS POC: Susan M. Taylor, Contracting
Officer, (202) 708-4531. Ginnie Mae, a wholly-owned Government
corporation which provides a secondary market for government
insured/guaranteed loans through its Mortgage-Backed Securities
programs, is soliciting for contract services to perform the review and
analysis of financial statements including supplemental reports
received from institutions approved to conduct business as Ginnie Mae
issuers and Federal Housing Administration (FHA) mortgagees under the
Title I and/or Title II programs. The purpose of the review and
analysis is to determine that the issuer/mortgagee is in compliance
with Ginnie Mae and FHA financial and insurance requirements as well as
to bring to the agencies' attention if the issuer/mortgagee has major
internal control problems and/or is not in compliance with any laws,
regulations or HUD program requirements per the supplemental reports
prepared by the Independent Public Accountant. Offerors must
demonstrate that they have a complete understanding of both Ginnie
Mae's Mortgage. Backed Securities programs and FHA's Title I and Title
II programs participated in by FHA mortgagees including the
Consolidated Audit Guide for Audits of HUD programs, HUD Handbook
2000.04 REV-1. Additionally, offerors must demonstrate that they have
experienced personnel that meet the auditor qualifications of
Government Auditing Standards, including the qualifications relating to
continuing professional education. The offeror must be an audit
organization that meets the quality control standards of Government
Auditing Standards. RFP GNMA-96-PA-06 will be issued on or about
December 6. Proposals will be due 30 days after issuance of the
solicitation. This solicitation has no restriction as to the size of a
firm which may offer. SIC 8721 applies. All interested firms should
submit their requests for RFP GNMA-96-PA-06 in writing or by facsimile
(202-708-3239). Telephonic requests will not be honored. (309) Loren Data Corp. http://www.ld.com (SYN# 0073 19961106\R-0004.SOL)
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