Loren Data Corp.

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COMMERCE BUSINESS DAILY ISSUE OF JULY 6,1998 PSA#2130

MODIFICATION TO HUD'S SECTION 312 REHABILITATION LOAN PROGRAM CONTRACT ( NO. C-OPC-16987) The Department is contemplating issuance of a sole source modification to above referenced contract for providing services as a "master servicer" for the Department's Section 312 Rehabilitation Loan Servicing Program. The current contractor is Computer Data Systems, Inc., One Curie Court, Rockville, MD 20850. The purpose of this modification is to extend the contract for four approximately (4) additional months or to December 31, 1998. The extension is required to allow sufficient time to compete the follow-on procurement currently being conducted by the General Services Administration (GSA)under the Government's Federal Supply Schedule program. Issuance of this modification is contingent upon the award date of the follow-on contract by GSA which is anticipated prior to September 2, 1998. Under this contract the contractor provides a wide range of portfolio management services for loans made under HUD's Section 312 program which include the collection of mortgage debt accounts. The portfolio is made upof loans previously in default, and new loans made in 1982 that were serviced by the Federal National Mortgage Association (FNMA). The services under this contract, include but are not limited to the following:(1) assist in carrying out debt collection policies required by the OMB and the Treasury Dept. Financial Management Services; (2) developing and generating reports needed to manage and maintain the portfolio; (3) conduct loan accounting activity; and, (4) activities related to cash management services. Due to the nature of the work, the contract stipulates a functional requirement of immediate accessibility between the Contractor and HUD Headquarter's program staff in Washington, DC. This notice of intent to issue a modification is not a formal Request for Proposal. Consequently, no RFP is available. This notice is for information purposes and therefore does not require individual acknowledgement by responders to the Government. 18. N/A 19. N/A Page 20. E-MAIL LINK: Melvin_W._Gunn@hud.gov 21. DESCRIPTION OF E-MAIL LINK: Click here to contact Melvin W.Gunn WEB: NOT APPLICABLE, NOT APPLICABLE. E-MAIL: Melvin W. Gunn, Melvin _W._Gunn@hud,gov. Posted 07/01/98.

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