Real Estate Owned (REO) Disposition Services

The U.S. Department of Agriculture, Rural Development, National Financial and Accounting Operations Center (NFAOC) is seeking nationwide disposition services for its Real Estate Owned (REO) property portfolio. This requirement supports the management of single-family homes, condominiums, manufactured homes, and vacant lots across all 50 states and U.S. Territories including Puerto Rico, the Virgin Islands, Guam, and American Samoa. The contractor will manage a collaborative process to legally clear properties for sale, preserve properties during the marketing phase, and finalize sales to ensure the conveyance of free and clear titles to new owners. Key responsibilities include marketing, selling, and closing properties according to handbook guidelines, alongside providing post-closing title assessments to verify the release of deed restrictions.

This solicitation, identified by number 12SAD120R0013, is a total Small Business Set-Aside (SBA). The procurement is classified under NAICS code 531210 for Offices of Real Estate Agents and Brokers and PSC R499 for Other Professional Support Services. The NFAOC, located in St. Louis, Missouri, manages this initiative to minimize risk to the federal government and taxpayers by centralizing default management functions for approximately 232,525 Single Family Housing borrowers. The inventory primarily originates from Section 502 Direct loans provided to low and moderate-income applicants in rural geographic areas.

The response deadline for this combined synopsis/solicitation is October 5, 2020. The notice and its 13 associated attachments, which include updated solicitation documents, government responses to vendor questions, a project information chart, and a past performance questionnaire, were last updated on September 18, 2020. Charles Spicer is the designated point of contact for this requirement. All contract clauses are governed by Federal Acquisition Circular 2020-08.