THIS IS A NOTICE OF INTENT TO SOLE SOURCE AND NOT A REQUEST FOR QUOTATION OR PROPOSAL. THERE IS NO SOLICITATION PACKAGE AVAILABLE FOR THIS ACTION. The U.S. Department of Housing and Urban Development (HUD), Office of the Chief Procurement Officer (OCPO), located in Washington, DC, intends to negotiate and award a Firm Fixed Price (FFP) sole-source contract to Moody’s Analytics, Inc., 7 World Trade Center, 250 Greenwich Street, New York, NY 10007. This acquisition is being conducted using the policies and procedures of Federal Acquisition Regulations (FAR) Subpart 13.5, “Simplified Procedures for Certain Commercial Items” under the authority of 41 U.S.C. 1901. The FAR Part 12 “Acquisition of Commercial Items” as supplemented by the Housing and Urban Development Acquisition Regulation (HUDAR) will be used to evaluate the quote and award this requirement. The North American Industry Classification System (NAICS) code for this requirement is 519290: Web Search Portals and All Other Information Services. The PSC Code is R710: Support: Management - Financial. Background & General Description of Work: HUD’s Office of Chief Procurement Officer (OCPO) has a requirement for an award to Moody’s Analytics, Inc., to continue supporting Ginnie Mae with financial subscription services. The previous IDIQ contract 47QFDA19C0004 was awarded on December 26, 2018, to Moody’s Analytics, Inc., for a base period of 1-year with four 1-year option periods. The contract expires on December 25, 2023. Ginnie Mae requires financial subscription services, specifically, for in-depth financial analysis and data services in a suite of comprehensive financial content. The contractor shall provide Credit View; Residential Mortgage-Backed Research; Commercial Mortgage-Backed Research; RiskCalc Model; CreditEdge Model; Automated Data Feeds for RiskCalc and CreditEdge Models; Financial and Market Databases, Economic Reports and Forecasts; Climate Scenarios for U.S. states and metro areas; Scenario Studio platform to produce custom scenarios at the U.S. national, states and metro levels. Unique Characteristics of the Requirement: The circumstance of the requirement deems only one source reasonably available due to the current contract set to expire on December 25, 2023. Upon expiration, Ginnie Mae would have no contractor to assist with financial services and would need to stop all current requests. Stopping financial subscription services would subject the government to unnecessary credit risks and hinder its ability to properly respond to market changes and fulfill its agency missions. In addition, it would increase the chances of lack of availability of resources, disruption of services, institutional knowledge needed for unfinished projects, and other increased risks. The Government does not intend to incur additional costs that will result in either substantial duplication of costs or experience any unacceptable delays fulfilling HUD’s needs. In addition, awarding any other contractor than Moody’s Analytics, Inc., will create even more risk and undue hardship for the government. General Information & Instructions: This is NOT a solicitation for quotations, quotation abstracts, a request for competitive quotations; or request for competitive proposals; however, all responses received within 3 days from the date of publication of this synopsis will be considered by the Government. Any responses to this notice must clearly and thoroughly defend claims or assertions that attempt to refute the government’s stance. A determination by the Government not to compete this proposed action based upon responses to this notice is solely with the discretion of the Government. Information received will normally be considered for the purpose of determining whether to conduct a competitive procurement, but the information must eliminate the government's concerns and address how the items can be provided without jeopardizing the requirement. Simply submitting a brochure or capabilities statement is not a guaranteed way to alleviate or eliminate the government's concerns. Responses must be specifically tailored to address (1) exactly how the offeror’s services can be provided without jeopardizing the Government’s mission, (2) how the approach overcomes the barrier to competition the Government faces, and (3) how the approach is more advantageous to the Government than the sole source approach. If no affirmative responses are received within 3 days of this notice, a contract will be issued to Moody’s Analytics, Inc. Any questions regarding this notice must be submitted in writing via email to
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[email protected].