SOLICITATION NOTICE
99 -- FDIC ORE Property Management and Marketing Services - Request For Proposal
- Notice Date
- 5/18/2009
- Notice Type
- Combined Synopsis/Solicitation
- NAICS
- 531311
— Residential Property Managers
- Contracting Office
- Federal Deposit Insurance Corporation, Dallas/DOA, Acquisition Services Branch, 1910 Pacific Ave, Dallas, Texas, 75201
- ZIP Code
- 75201
- Solicitation Number
- RECVR-09-R-0110
- Archive Date
- 7/2/2009
- Point of Contact
- Sandra G. Emerson, Phone: 9727612596
- E-Mail Address
-
saemerson@fdic.gov
(saemerson@fdic.gov)
- Small Business Set-Aside
- N/A
- Description
- Request For Proposal with Statement of Work The services to be provided by the Contractor include, but are not limited to, the following five stages of work: (The complete Statement of Work is attached) 1. Assist the FDIC during the Acquisition Stage - Most of the ORE is acquired at the failure of financial institutions (bank closings). Other sources of ORE are foreclosure actions, settlements, deeds in lieu, and Discovered ORE Assets. Contractor may be required to assist the FDIC in developing a plan to manage ORE prior to a bank closing. Contractor is required to attend the closing of the financial institution to inventory and gain control of the ORE and Other Owned Assets, create 6-part files for each ORE asset and set up assets in Contractor's inventory system. Thereafter, Contractor will either remain on site for a specific period of time or move the files to the Contractor's location at the sole discretion of the FDIC. 2. Prepare ORE property for Marketing - This stage encompasses ensuring that the FDIC is the owner of the ORE property and that title can be conveyed. The Contractor is required to obtain services such as valuations (appraisals or broker's price opinions), title work, insurance, and environmental assessments, in order to prepare the ORE property for marketing. Some assets acquired may be Unmarketable and the Contractor shall be required to use their best efforts to make them Marketable. 3. Manage ORE - The purpose of this stage is to secure and manage the ORE in a manner that will minimize losses, maximize recoveries, and mitigate liability to the FDIC. 4. Market, Sell & Close - In this stage the Contractor shall expose ORE properties that are marketable to the broadest market possible, and negotiate and dispose of the ORE properties at the highest return possible within a reasonable period of time. 5. Research Potential ORE - This stage involves conducting research in response to inquires on properties to determine ownership (Discovered ORE assets). It may be necessary to research public records. Typically the FDIC receives inquiries from investors or taxing jurisdictions claiming that the FDIC owns certain ORE property. The FDIC's goal is to provide top quality customer service to the public and to respond to Discovered Asset inquires in a timely basis. Each request will require searching the FDIC's databases and warehouse records to ensure that the ORE property is owned by the FDIC and was not previously disposed by the FDIC. Access to FDIC systems and records requires Contractor and subcontractor security clearances as described in the Agreement.
- Web Link
-
FBO.gov Permalink
(https://www.fbo.gov/spg/FDIC/DL/ACSB/RECVR-09-R-0110/listing.html)
- Place of Performance
- Address: The Contractor will provide services at the site of a failed institution, the Contractor's place of business or the FDIC offices, as is appropriate., United States
- Record
- SN01821415-W 20090520/090518235316-a5449ed78633f30e534e5621726086c0 (fbodaily.com)
- Source
-
FedBizOpps Link to This Notice
(may not be valid after Archive Date)
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