Find WHEDA bid requests, public hearings and other public requests and notifications here.
RFB – Single Family Payment Coupon Book
The Authority is seeking bids from vendors interested in providing the single-family servicing department to send out its annual coupons in mass in the month of February every year. Included in the mailing are (1) an Automatic Payment Deduction Authorization form, (2) return window envelopes, and (3) the coupon book with the escrow analysis included. Not every item is included for every loan. The Authority’s current breakdown for the mass mailing is:
The Authority also submits two monthly coupon requests for an average of 500 total coupon books in each month.
The Authority currently uses Finastra Servicing Director for its servicing system and BMO Harris Bank as the Lockbox Vendor.
The Authority intends to use the results of this process to award one or more Contracts to provide the products and/or services in this RFB.
Proposals are due on Wednesday, August 21, 2019 at 2:00 p.m. CT
Please direct questions to email@example.com by August 7, 2019 @ 2:00 p.m. CT
Request for Bids - Single Family Payment Coupon Book
WHEDA’s procurement practices strive to provide vigilant stewardship of resources, inspire stakeholder confidence through consistent and transparent processes, and ensure the vendor community has access to open and fair competition.
For its competitive bidding processes, WHEDA encourages Wisconsin-based businesses, Minority Business Enterprises, Women-Owned Business Enterprises and Disabled Veteran-Owned Business Enterprises to submit quotes and proposals whenever possible. Businesses looking to obtain MBE, WBE and DVB certification can obtain more
information through the
Wisconsin Department of Administration.
Competitive bidding is the preferred method for WHEDA to select suppliers of goods and services. WHEDA typically uses the following competitive methods based upon the value and/or type of the goods or services to be purchased and the timeframe on which the goods or
services are needed.
Simplified Bid: At least three quotes from viable vendors shall be obtained when the cost of a good or services is less than $50,000.
Request for Bid: Most commodity and some service solicitations at or above $50,000 are issued through an RFB. An RFB is used when WHEDA is able to develop clear specifications for the item(s) to be procured.
Request for Proposal: An RFP is used to solicit proposals for purchases at or above $50,000 where an award cannot be made strictly on specifications or price. Rather than meet detailed and precise specifications, vendors are given an opportunity
to propose how they would provide a product or service.
Request for Qualifications: From time-to-time, WHEDA may issue an RFQ to evaluate a proposer’s qualifications, costs and potential contract requirements in advance of the need for its services. WHEDA may approve multiple vendors over the term of the RFQ or individually as the
need for services arise.
WHEDA’s vendor database is designed to provide potential vendors with WHEDA procurement updates and/or other information.