# Home Equity Conversion Mortgage (HECM) Justification Sole Source

Canonical: https://abierto.us/opportunities/86614924r00002

- Solicitation number: 86614924R00002
- Notice type: Special notice
- Status: Awarded to Compu-Link Corp.
- Department: Department of Housing and Urban Development
- Contracting office: Cpo : Cpo; Acfo; Wfcod; Real Estate (866149)
- NAICS: 522390 Other Activities Related to Credit Intermediation
- Product or service code: R710 Financial Services (includes credit card services and any other financial services. See revision to description for code R703 above)
- Place of performance: Tulsa, Oklahoma
- County: Tulsa County (FIPS 40143). https://abierto.us/counties/tulsa-county-ok-40143
- City: Tulsa. https://abierto.us/cities/tulsa-ok-4075000
- First posted: October 31, 2024
- Last posted: October 31, 2024
- SAM.gov: https://sam.gov/workspace/contract/opp/c265ffad4b9a47369ca15d6d9f7c67df/view

## Description

LEASE READ THIS NOTICE CAREFULLY AS IT CONSTITUTES THE ONLY NOTICE THAT WILL BE PUBLISHED. The Department of Housing and Urban Development (HUD)intends to negotiate a sole source fixed priced contract for one three (3) month base and one Nine (9) month option periods with the following company. Compu-Link Corporation 14002 East 21st Street, Suite 300; Tulsa, OK 74134 HUD has prepared a sole source justification on the basis of other than full and open competition for this effort.

HUD intends to negotiate with only one source under the authority of 6.301-1 Only One Responsible Source and No Other Supplies or Services Will Satisfy Agency Requirements. HUD has a requirement for servicing a portfolio of over 100,000 Home Equity Conversion Mortgage (HECM) loans with specialized experience in HECM, FHA insured and Secretary-Held first, second, subordinate notes and mortgages.

The North American Classification System Code (NAICS) for this requirement 522390 Other Activities Related to Credit Intermediation with a NAICS size stand of $20.5 Million. This notice will be distributed solely through the beta.sam.gov website. Interested parties are responsible for monitoring the sam.gov website to ensure they have the most up to date information regarding this acquisition. This notice satisfies the requirement of FAR 5.102(a)(1) and 5.103(a)(1).

This Notice of Intent to Sole Source is not a request for quotes. Information received in response to this notice will be considered solely for the purpose of determining whether a competitive procurement is in the best interest of the Government. If no written responses by the date listed below, which reflect 3 business days from the posting of this notice, the solicitation will be issued to Compu-Link Corporation.

Interested parties may identify their interests and capabilities to the attention of Christopher Stuart, email address Christopher.S.Stuart@hud.gov. Emailed responses will only be considered and must identify their capabilities in writing no later than 4:00 PM Easter Time, November 5, 2024.

## Award on USAspending

- Recipient: Compu-Link Corp. (UEI X3YNUCZD67A6)
- Contract: 86614925C00001, definitive contract
- Obligated: $102,009,050.00
- Competition: Not Competed, 1 offers received
- Link: solicitation number 86614924R00002 equals the FPDS solicitation identifier; same awarding office 866149 (high confidence)
- Record: https://www.usaspending.gov/award/CONT_AWD_86614925C00001_8600_-NONE-_-NONE-/


## Publications

- October 31, 2024: Special notice, due November 5, 2024 at 4:00 PM EST. Notice c265ffad4b9a47369ca15d6d9f7c67df. https://sam.gov/workspace/contract/opp/c265ffad4b9a47369ca15d6d9f7c67df/view

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Source: SAM.gov Contract Opportunities bulk extract and USAspending.gov award data. Confirm deadlines on SAM.gov before responding. Cite https://abierto.us/opportunities/86614924r00002.
