Presolicitation Notice – Risk Management and Capital Assessment Projections (RMCAP)
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Notice Type: Presolicitation Notice
Posted Date:
Office Address:
Subject: Risk Management and Capital Assessment Projections (RMCAP)
Classification Code: R - Professional, administrative, and management support services
Contact:
Setaside: N/AN/A
Place of Performance Country: US
Description:
OCPO,
FHA/ Housing Support Division
This is a presolicitation notice for an upcoming solicitation. This is not a solicitation for proposals and no contract will be awarded from this synopsis. The purpose of this synopsis is to inform the public that a formal solicitation will be released on or around
The Contractor will be responsible for identifying, measuring, monitoring, valuing and reporting on past, present and probable future risks to the accumulated net assets and contractual cash flows and valuations associated with MMIF insurance operations and federal credit reform transactions as described in Exhibit 1 (MMIF Balance Sheet Line Items) and Exhibit 2 (MMIF Cash Activity Line Items). The Contractor will also monitor probable MMIF capital ratios, provide menu-driven and extended policy analyses, information for FHA's annual report, analyses of independent actuarial reports, budget estimates and re-estimates and associated report storage and retrieval.
Transactions associated with the FHA's guarantee programs for single-family mortgages are recorded in an account of the federal government known as the MMIF. FHA has insured 27.4 million mortgages through the MMIF since federal credit reform went into effect in 1992 of which 852,000 are reverse mortgages and roughly 8 million are active and on which aggregate insurance in force was
The RMCAP will have a monthly operating cycle in which appropriate information is drawn from FHA and other appropriate sources, evaluated, processed, analyzed, reviewed and reported. (Information drawn from FHA is the transfer of data the contractor might need from FHA. This pertains specifically to the FHA data subject to the
The Contractor must provide sound and effective model risk management to RMCAP in accordance with principles and standards such as those established by the
Link/URL: https://www.fbo.gov/notices/889407e37ff555b7778cf0ac7f1de1c7
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