Default Strategy Service

The Performance Work Statement (PWS) was dated March 19th, 2026.

The opportunity was published on March 20th, 2026.

Responses are due by March 30th, 2026.

The inactive date for the opportunity is April 14th, 2026.

A Draft Project Management Plan (PMP) is due 15 business days after the task order award.

A Final Project Management Plan (PMP) is due 30 business days after the task order award.

Bi-weekly and Monthly Status Reports are due on the day of status meetings, with a final version within two business days after each meeting.

MSSs Training Materials are due within 30 business days of an Issuer Default Simulation event.

Issuer Default artifacts must be captured and organized within 60 business days of Issuer Default execution.

A Draft Transition-Out Plan is due 60 business days prior to the award expiration date.

A Final Transition-Out Plan is due 30 business days prior to the task order expiration.

All task order materials must be transferred within 30 business days prior to the end of the task order period of performance.

The selected vendor will provide comprehensive default strategy services, including the development and maintenance of a Project Management Plan (PMP) to guide project management, planning, and execution. The scope includes ensuring audit readiness for the default playbook by leveraging a playbook governance framework for process improvements and revisions, and proposing, documenting, and updating the issuer default playbook as well as establishing a revision schedule.

Vendors are expected to modernize and enhance asset management and disposition strategies, and develop and implement a robust Subservicer Default Guidance Framework. In addition, specialized advisory support is required to address emerging challenges related to default strategies within the organization.