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Notice of Intent to Sole Source to Credit Bureaus – TRANSUNION
Contact and place of performance
Cathy Baker
Not specified
NOTICE OF INTENT TO SOLE SOURCE TO CREDIT BUREAUS BLANKET PURCHASE AGREEMENTS 86614623Q00014, 86614623Q00015, 86614623Q00016 Nationwide Credit Bureaus The U. S. Department of Housing and Urban Development (HUD) intends to award Blanket Purchase Agreements to the three nationwide credit bureaus: Experian, Equifax, and TransUnion. These sole source awards are for access over the next five years to raw archi...
View moreThe three RFQs and associated Credit Bureaus are as follows:
86614623Q00014 - Experian
86614623Q00015 - Equifax
86614623Q00016 - TransUnion
The BPA calls will be issued either competitively to all three Credit Bureaus or sole source to one based on the information and credit score calculations required for each call.
THIS IS NOT A SOLICITATION. No solicitation package will be issued. This notice of intent to sole source is not a request for competitive quotations; however, the Government will consider responses received no later than May 20, 2023 at 2:00pm EST. Responses shall be submitted on to [email protected].
Responses shall include, at a minimum, the following information:
1. The name of your company;
2. Company UEI No.;
3. POC name and contact information.
4. The respondent shall provide information that will satisfy tge requirement that includes specific product(s) and services that your company offers that fulfills the same function as the items to be included on this order or evidence that your company is capable of providing a renewal for the specific items mentioned above.
5. The subject line of the email shall state –
86614623Q00014, 86614623Q00015, 86614623Q00016 – Credit Bureau Repository
or it may be deleted as junk mail.
It is your responsibility to demonstrate how your product(s) and services are capable of providing the same data and functionality that exists with the three nationwide Credit Bureaus - Experian, Equifax, and TransUnion. The Government will not seek additional information from your company if you fail to provide sufficient evidence of having a product capable of meeting the Government's needs.
A determination by the Government not to compete the proposed acquisition based upon responses to this notice is solely within the discretion of the Government's Contracting Officer. Information received will normally be considered solely for the purpose of determining whether to conduct a competitive procurement.
The U.S. Department of Housing and Urban Development (HUD) intends to establish Blanket Purchase Agreements with the three nationwide credit bureaus—Experian, Equifax, and TransUnion—to provide access to raw archived credit data. This specific notice, identified by solicitation number 86614623Q00016, focuses on TransUnion’s repository as part of a broader requirement to support Federal Housing Administration (FHA) operations. Over a five-year performance period, the selected contractors will provide historical credit data to be combined with FHA borrower and loan data. This information is used to evaluate scorecard performance, re-estimate and update the mortgage scorecard as new data becomes available, and assess changes in FHA’s distribution of insurance risk.
The acquisition is being conducted as a sole source procurement under the authority of FAR 13.501(a)(1)(ii), Simplified Procedures for Certain Commercial Items. Market research indicates that the three major repositories are the only sources capable of providing the historical raw archived data necessary for the FHA TOTAL Mortgage Scorecard algorithm used in underwriting insurance endorsements. Furthermore, Fair Credit Reporting Law requires HUD to use depersonalized credit data from archives that correspond to loan origination periods. This requirement is classified under NAICS 561450 Credit Bureaus and PSC R611 SUPPORT- ADMINISTRATIVE: CREDIT REPORTING.
While this notice serves as an intent to sole source, the agency will consider information from providers that can demonstrate the ability to fulfill the requirement for historical archived credit data and functionality. Responses must include company identification, UEI numbers, and evidence of capability to provide the specific data requested. All materials must be submitted to the point of contact, Cathy Baker, by the deadline of 2:00 p.m. EST on May 20, 2023. Determination of whether to compete the procurement remains at the discretion of the government’s contracting officer.
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