Inactive

HUD's Office of Single-Family Housing, Office of Asset Management has a need of unusual and compelling urgency to obtain without delay interim Asset Manager (AM) services under FAR 6.3, Other than Ful... HUD's Office of Single-Family Housing, Office of Asset Management has a need of unusual and compelling urgency to obtain without delay interim Asset Manager (AM) services under FAR 6.3, Other than Full and Open Competition to provide interim services in a limited competition bridge award with a period of performance of twelve months (six-month base period with two three (3) month Option Periods in accordance with FAR clause 52.217-8) on a class basis for the following Contract areas Contract Area 3A (IL) Contract Area 4A (IN & KY) Contract Area 5A (NC & SC) Contract Area 6A (MS, AL, & TN) Contract Area 7A (GA) Contract Area 8A (FL, PR, & VI) Contract Area 1D (CO, NM, North TX, & UT) Contract Area 2D (AR, KS, LA, MO, OK, & So. TX) Contract Area 4D (WI, IA, NE, & SD) Contract Area 5D ( WY, MT, ND, & MN) Contract Area 1P (MI) Contract Area 3P ( MA, ME, NH, NJ, NY, RI, & VT) Contract Area 4P (OH) Contract Area 5P ( DC, DE, MD, PA, VA, & WV) Contract Area 3S (AZ) Contract Area 4S (ID & NV) Contract Area 5S (CA, HI & Guam ) Contract Area 6S (OR, WA & AK) The Federal Housing Administration (FHA), an organizational unit within HUD, administers the single-family mortgage insurance program. FHA insures approved lenders against the risk of loss on loans they finance for purchase or rehabilitation. In the event of a default on an FHA insured loan, the lender acquires title to the property by foreclosure, a deed-in-lieu of foreclosure, or other acquisition method, files a claim for insurance benefits and conveys the property to HUD. Because of acquisitions through the mortgage insurance program and other programs, HUD has a need to manage and sell a sizable inventory of single-family homes in a manner that promotes home ownership, preserves communities, and maximizes return to the FHA insurance funds. HUD is one of the largest single sellers of real estate in the United States.