HUD REAC Reverse Auction Program

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HUD REAC Reverse Auction Program

Contract Project Title
Location

REAC Reverse Auction Program

Contracting Agency/Customer

HUD (REAC)

Contract Number, Contract Value and Firm’s Role

No Contract Number; $(IQID)
Prime Contractor

Type of Contract

Reverse Auction Program

Period of Performance

Perpetual

Customer Representative Name and Contact Information

HUD REAC (Abraham Johnson)
550 12th Street SW #100, Washington DC 20410
E-Mail: REACReverseAuctionProgram@hud.gov
Telephone 202-485-0284

Location and Description of Work

National, including Puerto Rico, U.S. Virgin Islands, and Guam
The Reverse Auction Program (RAP), is conducted by the Office of Public and Indian Housing Real Estate Assessment Center (PIH-REAC). The PIH-REAC RAP is a process of: (a) identifying properties needing inspection; (b) procuring bids to conduct the inspections through certified contractors; (c) reviewing and accepting inspections; and (d) authorizing payment to contractors. Specifically:
1.The auction is conducted with the use of a reverse auction vendor website;
2.Contractors bid on inspection assignments throughout the nation, including Puerto Rico, U.S. Virgin Islands, and Guam;
3.Purchase order awards are made to the lowest, eligible contractor at the close of the auction;
4.Active, certified inspectors then schedule and conduct the inspection in accordance with UPCS protocol, and upload the inspection observations to PIH-REAC;
5.Once the inspection is accepted by PIH-REAC, payment is authorized;
6.Payment is made electronically to the contractor’s vendor account.
A contractor is a small business that participates in the RAP by bidding on a lot group of properties to be inspected.  An inspector is an individual, certified by PIH-REAC in the UPCS inspection protocol, who performs on-site property inspections. Inspectors may be contractors themselves, employees of a contractor, subcontractors to a contractor, or employees of a subcontractor.

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