Sources Sought
Mortgage-Backed Securities Operations & Analytics (MBSOA)
Department of Housing and Urban Development
AI summarySources sought notice 86615527MBSOA is for holders of the GSA Aliant 3 government-wide acquisition contract (GWAC: a ready-made contract that agencies buy through) only. The Department of Housing and Urban Development (HUD) is doing market research on operations, data reporting and risk analytics for mortgage-backed securities (MBS: bonds backed by pools of home loans) for the Government National Mortgage Association (Ginnie Mae). There is no solicitation yet; capability statements are due by email by the response due date of November 6, 2026, 2:00 PM Eastern. The planned contract is one base year plus nine option years, estimated at $400 million, with work at the contractor's facility. More in the summary
Market research, not a bid. Replying is free and tells Department of Housing and Urban Development who could do this work. Send a short reply to the contracting contact; no price is needed. See the contact
AI summary Beta
The notice looks incomplete: Attached but not read in full: the draft PWS (Attachment A- Draft MBSOA PWS.docx; 141,325 of 473,106 characters read). Most task descriptions in Section 5, much of the deliverables in Section 6 and the performance requirements in Section 8 are in the unread middle. Check the attachments on SAM.gov.
Sources sought notice 86615527MBSOA is for holders of the GSA Aliant 3 government-wide acquisition contract (GWAC: a ready-made contract that agencies buy through) only. The Department of Housing and Urban Development (HUD) is doing market research on operations, data reporting and risk analytics for mortgage-backed securities (MBS: bonds backed by pools of home loans) for the Government National Mortgage Association (Ginnie Mae). There is no solicitation yet; capability statements are due by email by the response due date of November 6, 2026, 2:00 PM Eastern. The planned contract is one base year plus nine option years, estimated at $400 million, with work at the contractor's facility.
Who can bid (4)
- Limited competition: only Aliant 3 GWAC holders can bid, not every business that meets the set-aside.
- Hold a GSA Aliant 3 government-wide acquisition contract (GWAC); the notice names the GWAC contract number as something to report.
- Hold an active Software Engineering Institute (SEI) Capability Maturity Model Integration (CMMI) Level III certificate for Development.
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- Hold an active corporate ISO/IEC 20000 certification (IT service management) and an ISO 9001 (quality management) certification, and keep them through the contract period of performance.
How to submit: Email to the contracting officer and the contract specialist at the addresses in the notice (Kimberly.M.Campbell@hud.gov and Jennifer.M.Perez@hud.gov). What to include is under Full summary below. Check the solicitation's instructions on SAM.gov.
Things to watch (7)
From the version posted Oct 23, 2026.
- Serious: Only Aliant 3 GWAC holders may respond. A business without that contract cannot be part of this requirement unless HUD later changes how it buys; SAM.gov's set-aside field says not stated, while the notice text names the GWAC holders.
- Serious: Three certifications required: CMMI Level III, ISO/IEC 20000, ISO 9001. Many small firms lack all three, and the draft work statement says they must be kept active for the whole contract period.
- Worth checking: Very large scope: $400 million over a 10-year term. The work covers a portfolio of 11 million loans, and HUD asks whether a firm can commit to the full 10-year term, which is a heavy load for a small business.
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- Worth checking: Market research only; the buying method may change. Responding does not start a bid, and HUD may later set the work aside for a socioeconomic program or small businesses, or buy it through full and open competition or through GSA.
- Worth checking: Experience at the scale of a $2.1 trillion mortgage-backed securities portfolio. Question 1 asks about work for agencies such as Ginnie Mae, FHA, Fannie Mae, Freddie Mac, VA or PIH, and question 7 asks how you keep systems available 24/7/365.
- Worth checking: Six-month transition-in with the current contractor. A new contractor must have enough staff on board during the six-month transition-in, and transition-in is not required only if the successor is the incumbent.
- Minor: Contractor site, plus weekly meetings in Alexandria, Virginia. Work is done at the contractor's own site, but staff must travel to Ginnie Mae headquarters for regular meetings, and services run 8:00 a.m. to 5:00 p.m. Eastern, Monday to Friday.
Read from the notice and 2 attachments. Show which files.
- Attachment A- Draft MBSOA PWS.docx (read)
- MBSOA Sources Sought Notice.docx (read)
Full summary
What they want
- Collect, check and report data on mortgage pools and loans that Ginnie Mae issuers send in each month, with monthly, quarterly and annual reports (Task Three).
- Prepare and release data disclosures for investors on a set release schedule (Task Four).
- Provide risk and information analytics: program, portfolio and issuer analysis, analytics and risk applications, and review of issuer financial statements and new issuer applications (Task Five).
- Operate and maintain the existing Ginnie Mae business applications hosted in Amazon Web Services (AWS) GovCloud, including a customer service desk, disaster recovery and minor enhancements of under 500 labor hours each (Task Six).
- Meet federal IT security rules and support audits, including an annual SSAE 18 Type II SOC 1 report (a third-party audit of controls), with a SOC 2 report optional (Tasks Seven and Ten).
- Optional work the Government may order: larger enhancements over 500 hours, software development, specialized analytics, and customer training and conferences (Tasks Eight and Nine).
- Run the program: a program management plan, a quality control plan, monthly metrics reports and regular meetings (Task Two).
- Take over from the current MBSOA contractor during a six-month transition-in, and support a six-month transition-out at the end.
- Contract type
- Firm-fixed-price (FFP: one set price, whatever the work ends up costing) services with optional tasks; the draft performance work statement calls the award a task order. No solicitation exists yet.
- Period of performance
- One 12-month base period plus nine 12-month option periods
- Place of performance
- At the contractor's facility; weekly meetings at Ginnie Mae headquarters, 2415 Eisenhower Ave, Alexandria, VA 22314 (SAM.gov lists Alexandria, VA)
- Estimated value
- $400 million for one 12-month base plus nine 12-month option periods
- Contract vehicle
- GSA Aliant 3 GWAC holders only, as the notice spells it
- How they'll choose
- No proposals are evaluated. HUD makes a high-level assessment of capability statements as market research, and the result helps decide how to buy.
- Offers due
- November 6, 2026, 2:00 PM Eastern
- How to submit
- Email to the contracting officer and the contract specialist at the addresses in the notice (Kimberly.M.Campbell@hud.gov and Jennifer.M.Perez@hud.gov)
What they'll judge offers on
- Ability to provide services consistent in scope and scale with those described in the notice
- Financial, human capital and technical resources to perform similar requirements
- Project management plan: program schedules, cost containment, meeting and tracking performance, hiring and retention of personnel, risk mitigation
- Ability to provide services under a performance-based service acquisition contract
What to include when you submit
- Answer all nine questions in the notice; responses that do not address them may not be evaluated.
- Send a tailored capability statement with documentation of company and staff capability; generic brochures are not wanted.
- Give your organization name, address, email, website, telephone number, and size and type of ownership.
- State your Unique Entity Identifier (UEI), business size for NAICS 541512 (size standard $34M), socioeconomic categories, GSA GWAC contract number and any other GWAC numbers.
- Say whether you served as prime contractor or subcontractor on the related Ginnie Mae or similar work you describe.
- If teaming or significant subcontracting is planned, describe the administrative and management structure of those arrangements.
- Say whether you can commit to a 10-year contract term, and explain any limits.
- Name the page number and paragraph for any change you recommend to the draft performance work statement (PWS).
Current contractor
No incumbent is named. The draft PWS refers to an unnamed "incumbent MBSOA Contractor" and titles its constraints table "MBSOA RECOMPETE CONSTRAINTS LIST", so this looks like a follow-on. The notice gives no counts of firms found capable.
Not in the notice text
- Attached but not read in full: the draft PWS (Attachment A- Draft MBSOA PWS.docx; 141,325 of 473,106 characters read). Most task descriptions in Section 5, much of the deliverables in Section 6 and the performance requirements in Section 8 are in the unread middle.
- When or whether a solicitation will follow, and which buying method HUD will use, are not stated.
- Key personnel rules (HUD Acquisition Regulation clause 2452.237-70) and any security clearance or background check levels for staff are not in the text read.
- SAM.gov lists no set-aside while the notice text names Aliant 3 GWAC holders; the notice does not say how this affects small businesses that do not hold the GWAC.
- The final contract type, labor categories and price terms are not stated, and no dates for solicitation or award are given.
Eligibility and how to respond
- SAM.gov lists no set-aside, but the notice text says who the work is meant for. Any business can reply, and no bid is being taken yet:
- Limited competition: only Aliant 3 GWAC holders can bid.
- The notice text says this is set aside for small businesses, but SAM.gov lists no set-aside. Ask the contracting officer which one applies before you bid.
- To respond, send a short reply to the contracting contact near the top of this page. No price is needed.
Notice details
- Posted
- Oct 23, 2026
- Notice type
- Sources Sought
- Office
- CPO : Gnma Support Division, Washington, DC
- Product/service code
- DA01 · IT and Telecom – Business Application/Application Development Support Services (labor)
- Business type
- IT, software & telecom (FedReady's grouping, from NAICS 541512)
- Attachments
Past awards and competition
Who has won work like this before, the likely incumbent, and what similar contracts paid, from USAspending.gov.
Before you respond
Terms on this notice: Sources sought notice
Full notice text from SAM.gov
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