Request for Information (RFI) - Effects of Interest Rate Reduction on Construction
ID: 36C10F25Q0003Type: Special Notice
Overview

Buyer

VETERANS AFFAIRS, DEPARTMENT OFVETERANS AFFAIRS, DEPARTMENT OFOFFICE OF CONSTRUCTION & FACILITIES MGMT (36C10F)WASHINGTON, DC, 20001, USA

NAICS

Commercial and Institutional Building Construction (236220)

PSC

CONSTRUCTION OF HOSPITALS AND INFIRMARIES (Y1DA)

Original Source

https://sam.gov/opp/2784a48c4b0d47f29747c211fec85058/view
Timeline
    Description

    The Department of Veterans Affairs is issuing a Request for Information (RFI) to assess the effects of the recent Federal Reserve interest rate reduction on federal construction contracting. This RFI aims to gather insights on how the interest rate changes may influence financial aspects such as cost of capital, cash flow, contract pricing strategies, project viability, and risk management approaches for future construction projects. The initiative underscores the government's commitment to adapting to economic shifts and enhancing collaboration with the contracting community. Interested parties are encouraged to submit their responses, which should include a company cover sheet and narrative addressing the impacts of the interest rate reduction, to the primary contact, Gerald Brusaw, at gerald.brusaw@va.gov by the specified deadline.

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    36C10F25Q0003 - RFI Interest Rate Reduction on Construction.pdf
    The Department of Veterans Affairs is issuing a Request for Information (RFI) to understand the effects of a recent Federal Reserve interest rate reduction on construction projects contracted by federal agencies. The RFI, identified as solicitation number 36C10F25Q0003, is intended for market research purposes and does not bind the government to any future solicitation. The information sought focuses on various aspects, including financial impacts on cost of capital and cash flow, potential changes in contract pricing strategies, project viability, and risk management approaches. Respondents are encouraged to provide insights regarding how the interest rate reduction may influence their future bidding decisions, project competitiveness, and overall contracting with the government. The RFI also includes a statement of limitations clarifying that submitted responses are not binding and do not guarantee any acquisition opportunities with the VA. Submission details are outlined, including a request for a company cover sheet, description, and narrative responses addressing the interest rate impacts. This initiative reflects the government's proactive approach in adapting to economic changes and preparing for forthcoming construction projects, emphasizing collaborative input from the contracting community.
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    Request for Information (RFI) - Effects of Interest Rate Reduction on Construction
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