DOCUMENT
70 -- VA Loan Electronic Reporting Interface (VALERI) - Attachment
- Notice Date
- 6/1/2016
- Notice Type
- Attachment
- NAICS
- 518210
— Data Processing, Hosting, and Related Services
- Contracting Office
- Department of Veterans Affairs;Technology Acquisition Center;23 Christopher Way;Eatontown NJ 07724
- ZIP Code
- 07724
- Solicitation Number
- VA11816R1218
- Archive Date
- 9/8/2016
- Point of Contact
- Lana J Farber
- E-Mail Address
-
0-9702<br
- Small Business Set-Aside
- N/A
- Description
- The Department of Veterans Affairs (VA), Office of Acquisition Operations, Technology Acquisition Center (TAC), located at 23 Christopher Way, Eatontown, New Jersey, intends to enter into a firm-fixed price contract on a sole source basis for Veterans Affairs Loan Electronic Reporting Interface (VALERI) software application and associated services with Black Knight InfoServ, LLC (Black Knight), 601 Riverside Ave., Jacksonville, FL 32204. VA Loan Guaranty (LGY) Service provides home loan benefits to eligible Veterans obtaining mortgage loans through private lenders by guaranteeing a portion of the loan against default. This guaranty protects the servicer against loss up to the amount guaranteed and allows Veterans to obtain mortgage loans at competitive rates with little or no down payment. When a default occurs on these guaranteed loans, VALERI facilitates VA's ability to assist Veterans in retaining their homes and minimizing their financial losses. VALERI is a web-enabled rules-based application that was deployed in 2008 to improve VA's oversight capability and to reduce the cost to the Government for the servicing and liquidation of VA-guaranteed loans. VA depends exclusively on VALERI for loan management services for over 3.5 million loans. The VALERI application facilitates the interface between VA and 500 mortgage servicers, allowing mortgage servicers to report significant events to VA focusing on default, loss mitigation, foreclosure, and claim payments via automated loading of updates from VA mortgage servicers. The proposed action is for continued use of the VALERI software application for up to 9.5 million loans and 370M loan transactions and to acquire continued VALERI services to include the hosting and maintenance of the VALERI software application, and helpdesk support services for all VALERI users. The aforementioned services will allow VA to meet its mission by maintaining services to Veterans, maintaining oversight capability over VA loan servicers, and reducing the cost to the Government for defaulted loans. Black Knight owns the source code of the current version of VALERI, therefore only Black Knight can provide the VALERI software application and associated services that meet all of VA's needs and ensure complete interoperability, compatibility, and continuity of operations by June 30, 2016, which is when the current contract terminates. The total estimated price of the proposed action inclusive of the option periods is $85,769,069.00. The statutory authority permitting other than full and open competition is 41 U.S.C.3304(a)(1) as implemented by the Federal Acquisition Regulation (FAR) Subpart 6.302-1 entitled, "Only One Responsible Source and No Other Supplies or Services Will Satisfy Agency Requirements." The primary North American Industry Classification System (NAICS) is 518210 size standard of $32.5M. This notification shall close on June 8, 2016. Questions/responses shall be submitted via e-mail to Contract Specialist, Lana Farber, Lana.Farber@va.gov with the subject line as the solicitation number, VA118-16-R-1218.
- Web Link
-
FBO.gov Permalink
(https://www.fbo.gov/notices/e1dc82f95eefd8a5e81f5e18c5728fde)
- Document(s)
- Attachment
- File Name: VA118-16-R-1218 VA118-16-R-1218.docx (https://www.vendorportal.ecms.va.gov/FBODocumentServer/DocumentServer.aspx?DocumentId=2770865&FileName=VA118-16-R-1218-000.docx)
- Link: https://www.vendorportal.ecms.va.gov/FBODocumentServer/DocumentServer.aspx?DocumentId=2770865&FileName=VA118-16-R-1218-000.docx
- Note: If links are broken, refer to Point of Contact above or contact the FBO Help Desk at 877-472-3779.
- File Name: VA118-16-R-1218 VA118-16-R-1218.docx (https://www.vendorportal.ecms.va.gov/FBODocumentServer/DocumentServer.aspx?DocumentId=2770865&FileName=VA118-16-R-1218-000.docx)
- Record
- SN04134136-W 20160603/160601234418-e1dc82f95eefd8a5e81f5e18c5728fde (fbodaily.com)
- Source
-
FedBizOpps Link to This Notice
(may not be valid after Archive Date)
| FSG Index | This Issue's Index | Today's FBO Daily Index Page |