Loren Data Corp.

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COMMERCE BUSINESS DAILY ISSUE OF OCTOBER 14,1997 PSA#1950

U.S. Department Of Housing And Urban Development, Office Of Procurement And Contracts, Program Support Division (ARCS), 451 7th Street, Sw, Room 5256, Washington, DC 20410

R -- DUE DILIGENCE SERVICES SOL DU100C000018660 POC Faye Allen, Contract Specialist (202) 708-1162 x152 or C. Dianne Wright, Contracting Officer (202) 708-1162 x151 WEB: Click here to download the solicitation from the HUD Contracting Opportunities Web Page, http://www.hud.gov/cts/ctsoprty.html. E-MAIL: Click here to contact Faye Allen, Joshulyn_F._Allen@hud.gov. The proposed contract is 100% set aside for 8(a) participation. HUD requires the services of a contractor to provide a range of services to facilitate the sale and/or restructing of HUD-held and/or insured single-family and multifamily mortgages and Title I home improvement and manufactured housing loans. The services include determining which mortgages are marketable, preparing mortgage documents for sale, packaging and marketing the mortgages, performing detailed seller due diligence, and soliciting subcontractors for credit reports, site inspections, environmental inspections, market studies, and related services. In addition, the contractor(s) will provide logistics support during seller and buyer due diligence periods, and in conducting auctions, and closing transactions. The SIC Code for this procurement is 8721 and the Size Standard is $6.0 million. The period of performance is 48-months from the date of award and multiple awards are anticipated. Indefinite Quantity contract awards are contemplated with a guaranteed minimum of $250,000 and a maximum ordering limitation $30 million per award. This solicitation will be available on or about 10/31/97. Interested parties may obtain a copy of the solicitation by submitting a written request with two-self addressed gummed labels. 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 have obtained. All amendments will be posted on, and may be download from HUD's Home Page Contracting Opportunities site. (0282)

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