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U.S. Department Of Housing And Urban Development·Virginia

Multifamily Premium Review Services

Closes in 2 days$800k – $1.5MRequest for Information
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Description

This Sources Sought notice seeks market research for a future contract to provide daily multifamily mortgage‑insurance premium review and related administrative services. The contractor would be responsible for entering endorsement data, processing premium reviews, handling mortgage‑record changes, managing terminations, and supporting the HUD Multifamily Insurance Operations Branch through a fully digital PeopleSoft‑based workflow. The work is performed off‑site, requires rapid turnaround (1‑3 business days per transaction), and will be measured against strict performance metrics outlined in the Performance Work Statement. • Perform data entry of HUD Form 290 endorsements and final endorsements within 3 business days. • Conduct premium reviews for insured advances, completions, and loan modifications with 1‑2 business‑day turnaround. • Manage mortgage‑record changes, terminations, and related communications, providing lender notifications within 1 business day. • Maintain electronic project files on HUD SharePoint and update a contractor‑provided tracking tool in near‑real‑time. • Meet monthly reporting requirements and adhere to HUD’s quality‑control and records‑management standards.

Attached files

Contact

Augustus Joseph(Contracting Officer)

[email protected]

Key dates

Opened
10/21/2026
Closes
11/3/2026
Duration
5 years

Last updated

Details

Type
Request for Information
Industry
Consulting Services
NAICS
541611
Solicitation №
RCS-H-2027-00006

Budget estimate

$800,000 – $1,500,000

No dollar amount is disclosed. Based on comparable HUD administrative‑services contracts for multifamily insurance processing, annual award values typically range from $500 K to $2 M depending on transaction volume and staffing levels. Given the estimated first‑year workload (≈3,200 total actions) and the need for dedicated staff and system access, a reasonable estimate is $800 K–$1.5 M for the initial 12‑month period, with extensions potentially increasing the total.

AI estimate from the solicitation

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