MODIFICATION
U -- Credit Scoring Course
- Notice Date
- 11/20/2002
- Notice Type
- Modification
- Contracting Office
- Department of the Treasury, Office of Thrift Supervision (OTS), Procurement and Administrative Services, 1700 G Street, N.W., 3rd Floor, Washington, DC, 20552
- ZIP Code
- 20552
- Solicitation Number
- Reference-Number-TOTCDC5290020030001
- Response Due
- 12/13/2002
- Archive Date
- 12/28/2002
- Point of Contact
- Elaine Logan, Manager, Procurement Branch, Phone 202-906-6193, Fax 202-906-5648,
- E-Mail Address
-
elaine.logan@ots.treas.gov
- Small Business Set-Aside
- Total Small Business
- Description
- The Office of Thrift Supervision (OTS) intends to negotiate a sole source contract with Fair Isaac, & Company, Inc., 200 Smith Ranch Road, San Rafael, CA 94903 to provide training courses on the principles of credit scoring using its company credit scoring course entitled Making Bureau Scores Work for You. The training will be acquired as a commercial item purchase using Federal Acquisition Regulations (FAR) Part 12 and the simplified acquisition procedures of FAR Part 13.5. The objectives of the course are specified below under Description of Services. Responsible firms may submit a written response to this notice. Oral proposals will not be accepted. The Government intends to award a performance based indefinite delivery contract with firm fixed price courses only after determining the Fair Isaac and Company proposal to be the most advantageous means of satisfying the requirement. This notice is a combined synopsis/solicitation for commercial items prepared in accordance with the format of FAR Subpart 12.6, as supplemented with additional information included herein, and constitutes the only solicitation. This combined synopsis/solicitation document incorporates provisions and clauses in effect through Federal Acquisition Circular 09, effective September 30, 2002. Proposals submitted in response to this notice should include: 1. Price Proposal consisting of firm fixed prices for the courses and travel; one course price for the base and each of the 2 option years (up to 6 courses may be requested over the life of the contract). 2. Technical proposal consisting of a brief description of the firm, discussion of how the firm will provide the services specified below in the statement of objectives. 3. Past performance information. All questions regarding this combined synopsis/solicitation must be emailed to elaine.logan@ots.treas.gov or faxed to 202-906-5648. Questions by phone will not be accepted. The following FAR provisions and clauses apply to this combined synopsis/solicitation: 52.212-1, Instructions to Offers Commercial Items. The Representation and Certifications (Provision 52.212-3), which must be completed and submitted with the proposal, are located under Federal Acquisition Regulation at http://www.arnet.gov/far/. Description of Services: Introduction - The OTS requires a contractor to conduct training courses covering the principles of credit scoring. During the past several years, an increasing number of banks regulated by OTS use bureau scores to develop marketing plans, underwrite and service consumer, mortgage and, increasingly, business loan portfolios. In order to adequately assess the risk to a bank and determine the level of compliance with various consumer regulations, it is important that OTS examiners understand the concepts of bureau score development and their use as a risk management tool. It is intended that Credit Scoring School (CSS) be offered to a mixed audience of Safety and Soundness and Compliance examiners as a 2-day program. Statement of Objectives: Desired objectives/outcomes include, but are not limited to, providing a review of the technical aspects of scorecard covering the entire process from basic bureau score development and concepts to account management and modifying the credit scoring model. Appendix A is a sample program agenda. The contractor will be responsible for conducting the course. The course content will follow the major headings outlined in Appendix A. Two courses will be held per year of the contract and will be held in OTS main regional offices (Atlanta, Dallas, New Jersey, San Francisco) or at its headquarters in Washington, DC. Appendix A Credit Scoring School Sample Seminar Agenda: Day 1: 8:00-8:30 Introductions; 8:30- 9:00 Scoring Overview and Concepts of Scoring; 9:00-12:00 Credit Bureau Score Development (including scorecard design, model development process, features of credit bureau scores, Industry Option Scores, and odds charts); 12:00-1:00 Lunch; 1:00-3:00 Calibrating Credit Bureau Scores to Credit Grantor Portfolios; 3:00-5:00 Next Generation Credit Bureau Risk Scores (recent research, design, features, comparison of Next Generation Scores to the Classic Credit Bureau Scores and Industry Option Scores); Day 2: 8:00-8:30 Review of Day One, Open Discussion; 8:30-10:00 Pooled Application Models (model development, features, implementation issues); 10:00-12:00 Pooled Model Tracking; 12:00-1:00 Lunch; 1:00-5:00 Using Credit Bureau Scores across the Account Lifecycle (Prescreening, Applicant Screening, Account Management, and Marketing to Existing Customers) Term of Contract: The contract Base Period will be January 02, 2003 or date of award through 12 months thereafter with two one year options plus and additional option of up to six months. The Contracting Officer Technical Representative will be specified at time of award. Proposal Evaluation Factors - proposals will be evaluated based on technical, past performance (experience in the design, development, and implementation of a currently used large credit scoring model equivalent to that of Fair Isaac and company). The model must be used by the major credit reporting agencies; Experience in developing specialized or custom credit scoring systems; Demonstrated experience in providing training programs on: the credit scoring process; how large credit scoring models are developed and used such as the Fair Isaac model; risk analysis and portfolio management; and regulatory and compliance issues; Training instructors must have direct experience using large credit scoring models such as the Fair Isaac model. Proven record of satisfactory customer service demonstrated through references from contracts similar in scope and magnitude (proposal must include the names and numbers of three references within the past three years); and Price (Prices proposed for the base period and 2 options years will be added together to obtain the total contract amount and reviewed to determine compliance with this combined synopsis/solicitation as well as a determination of the most advantageous means of satisfying the requirement using the evaluation factors above). A quality assurance plan with incentives and disincentives will be included at time of contract award. The following FAR clauses will apply to any contract resulting from this combined synopsis/solicitation. 52.212-4, Contract Terms and Conditions, Commercial Items; 52.212-5, Contract Terms and Conditions Required to Implement Statutes or Executive Orders - Commercial Items; 52.216-18 Ordering; 52-217-8, Option to Extend Services, 52.217-9, Option to Extend the Terms of the Contract. Proposals are due in the procurement office by 4:00 P.M. EST December 13, 2002 at Office of Thrift supervision, 1700 G Street, N.W., Washington, DC, 20552. Proposals may be faxed to 202-906-5648 or emailed to elaine.logan@ots.treas.gov.
- Place of Performance
- Address: Washington,DC;
- Zip Code: 20552
- Country: United States
- Zip Code: 20552
- Record
- SN00208358-W 20021122/021120213519 (fbodaily.com)
- Source
-
FedBizOpps.gov Link to This Notice
(may not be valid after Archive Date)
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