Intent to Sole Source - Black Knight Mcdash Data Tender, USA - 102119240

Procurement Summary

Country : USA

Summary : Intent to Sole Source - Black Knight Mcdash Data

Deadline : 10 Jun 2024

Other Information

Notice Type : Tender

TOT Ref.No.: 102119240

Document Ref. No. : 20341524Q00015

Financier : Self Financed

Purchaser Ownership : Public

Tender Value : Refer Document

Purchaser's Detail

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Tender Details

Description

INTENT TO SOLE SOURCE

Black Knight McDash Data

SOL # 20341524Q00015

The Bureau of the Fiscal Service, on behalf of the Office of Financial Research (OFR) and the Financial Stability Oversight Council (FSOC) intends to make award to Black Knight Data and Analytics LLC, 601 Riverside Avenue Jacksonville, FL 32204-2901 on a sole source basis, there is no competitive vendor or regulatory agency that provides these subscriptions, OFR requires McDash data in order to analyze mortgage and insurance data. Additionally, OFR requires accurate and current data to pair with previous procured data on to calibrate models. Black Knight Data and Analytics LLC has been identified as the only source capable of providing the required content in an arrangement that suits the needs of OFR/FSOC.

While other entities may provide loan-level mortgage data, Black Knight is the only firm that provides Property Insurance data. Black Knight-s Property Insurance data is linked to their foundational McDash Primary (mortgage) data. Black Knight-s Property Insurance model related to hurricane, helps inform the ability of the borrower to pay, they are separate data layouts, but it is linked to the datasets and property insurance is an add on model. Black Knight is unique in that no other vendor offer the detailed Property Insurance data that Black Knight does.

Some of the key fields in the Property Insurance data are monthly insurance amounts (flood, earthquake, etc. coverage) and deductible & expiration dates. Property Insurance data covers

10 years of history, year-end snapshot; the location of the mortgages; requests from non-MSP servicers and lines up with Flash daily prepay/loan event coverage - 25-30M loans.

Black Knight-s Property Insurance data-s main focus is impact to mortgage performance/ability to pay at the loan level; tracking expiration dates; premium increases and payment shocks across geographies; defaults after payment shocks; borrowers l...
Active Contract Opportunity Notice ID 20341524Q00015 Related Notice Department/Ind. Agency TREASURY, DEPARTMENT OF THE Sub-tier BUREAU OF THE FISCAL SERVICE Office ARC DIV PROC SVCS - DO
General Information
Contract Opportunity Type: Special Notice (Original)
All Dates/Times are: (UTC-04:00) EASTERN STANDARD TIME, NEW YORK, USA
Original Published Date: Jun 03, 2024 08:36 am EDT
Original Response Date: Jun 10, 2024 10:00 am EDT
Inactive Policy: 15 days after response date
Original Inactive Date: Jun 25, 2024
Initiative:
Classification
Original Set Aside:
Product Service Code: R702 - SUPPORT- MANAGEMENT: DATA COLLECTION
NAICS Code: 531390 - Other Activities Related to Real Estate

Place of Performance: Washington, DC USA

Documents

 Tender Notice

Intent-to-Sole-Source.docx