SOURCES SOUGHT
70 -- Bond Calculation Software that conforms to regulations and meets U.S. Government 508 compliance standards.
- Notice Date
- 2/5/2009
- Notice Type
- Sources Sought
- NAICS
- 541511
— Custom Computer Programming Services
- Contracting Office
- Department of the Treasury, Internal Revenue Service (IRS), National Office Procurement (OS:A:P), 6009 Oxon Hill Road, Suite 500, Oxon Hill, Maryland, 20745
- ZIP Code
- 20745
- Solicitation Number
- IRS-2009-SourcesSought-1
- Response Due
- 2/11/2009 3:00:00 PM
- Archive Date
- 2/26/2009
- Point of Contact
- Russell E. Critterton,, Phone: 2022831396
- E-Mail Address
-
russell.e.critterton@irs.gov
- Small Business Set-Aside
- N/A
- Description
- The Internal Revenue Service intends to issue a Request for Information for Bond Calculation Software. The Bond Calculation Software must conform to regulations and meet with U.S. Government 508 compliance standards. It is required that the Bond Software Calculation Software meets the technical standards listed under Subpart B— Technical Standards 1194.21 (a-l) found at this site: http://www.section508.gov/(http:www.section508.gov/index.cfm?FuseAction=Content&ID=12#General). The Bond Calculation Software is required to meet or exceed the following capabilities for bond calculation based on the Internal Revenue Service Code. Technical Requirements, Product #1, Compute Bond Yield (Variable and Fixed)- Ability to compute the arbitrage yield limit. Ability Technical Requirements: The Tax Exempt Bond (TEB) Field Operations is responsible for performing bond calculations. A software tool is required to meet or exceed the following capabilities for bond calculation based on the Internal Revenue Code: Product #1 – Arbitrage Rebate and Yield Restriction Calculations 1.Compute Bond Yield (Variable and Fixed) – Ability to compute the arbitrage yield limit. Ability to calculate Original Issue Discount (OID) for each maturity. Incorporate the capability of inputing Principal amounts, Coupons, Maturity Dates, Mandatory Sinking Fund Redemption Dates, and Reoffering Prices/Yields. Incorporate credit enhancement as lump sum or periodic payments. Ability to test and compute deep discount and yield-to-call bonds. Ability to determine price/yield on capital appreciation bonds. 2.Compute Investment Yield – Ability to compute the internal rate of return on individual investments, as well as composite (blended) yield on all investments, with the same data input. Ability to select any date as a valuation date for determining internal rate of return, using fair market value or present value of investments. Ability to designate investments to particular funds and compute the internal rate of return for each fund. 3.Compute Arbitrage Rebate Payments – Compute the cumulative rebate amount and provide for the ability to enter rebate transactions by investments. Ability to compute the amount of arbitrage rebate on each fund by future valuing investments to a given date at the arbitrage yield limit. 4.Compute Yield Reduction Payments – Ability to assign yield restriction dates and yield restriction rates to certain investments and funds to determine yield restriction compliance. 5.Data Input – all for the import of information from excel spreadsheets and trustee statements. Acceptance of input data in the form of investment transactions and/or cash flows (receipts/disbursements). Should accept capital appreciation bonds, term bonds, current interest bonds and bonds with irregular payments. 6.Calculate the Amount Transferred Proceeds 7.Allocate the Investment in commingled Fund 8.Determine the Application of Universal Cap 9.Advance Refunding Escrow Analysis – Ability to import State and Local Government Series (SLGS) securities date from Bureau of Public Debt to verify whether SLGS are an adequate investment for yield restricted escrows, thus eliminating the alternative use of open market securities. Product #2 – Multi-Family Housing Calculations Software with the ability to do calculations needed to determine whether a multi-family housing project meets the low income set-aside tests under IRC section 142(d). Product #3 - Private Use Calculations Software with the ability to calculate/determine whether the allocation of and accounting for the bond proceeds are in compliance with the regulations (for arbitrage purposes) under section 148 of the Internal Revenue Code. Statement of Need: The purpose of this RFI is to determine if any vendors have Bond Calculation Software tool that is certified 508 compliant and capable of fulfilling the technical requirements listed above. Requested Response: Please provide an affirmative statement as part of your response of a product that meets the technical standards listed on the section 508 web site. Your response must be limited to 3 pages. As part of each product, the responder should provide the following information for the Government’s consideration and review. We require each vendor to explain: 1.Whether your product meets or exceeds each element (a-1) in the technical standards listed in Subpart B, 1194.21. (Note that Section 508 compliance is for developers, business customers, and field end-users use of the product) 2.Does the product meet of the technical requirements for Product #1 or #2 or #3 or any combination of the 3 products listed above and 3.Does the product correctly interact with the screen scraper JAWS. Details to Respondents: All responsible sources who can provide the specified information as stated above shall submit a written response which shall include: Price (s); Delivery terms; Description of the item offered in sufficient technical detail to show compatibility to permit a technical evaluation; POC (name and telephone number); GSA contract number if applicable; Delivery date; business size and Payment terms. All responses received will be fully considered subject to technical acceptability. Oral communications are not acceptable and will not be honored. Responses to this RFI shall be submitted by 3:00pm Wednesday, February,11, 2009. As a result of analyzing responses to this synopsis of intent, the contracting officer may determine that a solicitation will be issued. Currently, no solicitation document exists. Requests for the same will be considered non-responsive. Responses to be sent electronically to russell.c.critterton@irs.gov or via fax at (202)283-1290.
- Web Link
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FedBizOpps Complete View
(https://www.fbo.gov/?s=opportunity&mode=form&id=778fc655dc85a42795c81b9cc8d8b4e1&tab=core&_cview=1)
- Record
- SN01744824-W 20090207/090205215549-778fc655dc85a42795c81b9cc8d8b4e1 (fbodaily.com)
- Source
-
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