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COMMERCE BUSINESS DAILY ISSUE OF AUGUST 16,1995 PSA#1411Resolution Trust Corporation, 100 Colony Square, Suite 2100, Box 68,
Atlanta, GA 30361 R -- QUALIFIED CONTRACTORS FOR AN AFFORDABLE HOUSING RESIDENTIAL
PROPERTY REAL ESTATE AUCTION SOL 0710-95-0042 DUE 083095 POC Contact
Point, Michael T. S. Kennedy, (312)642-7900 NRC AUCTIONS, INC. NOTICE
OF INTENT TO SOLICIT QUALIFIED PROPERTY QUALIFICATION CONTRACTORS FOR
AN AFFORDABLE HOUSING RESIDENTIAL \PROPERTY REAL ESTATE AUCTION ?NRC
AUCTIONS, INC., intends to distribute a Solicitation ofServices
requesting proposals from qualified firms to performrequired
maintenance to prepare between 20 and 60 single familyresidential
properties for sale by auction. These properties arelocated in the
Charlotte, NC area. The properties to be preparedfor sale are owned by
various receiverships or conservatorshipsand/or their subsidiaries,
all of which are controlled by theResolution Trust Corporation. The
property preparation serviceswill include, but not necessarily be
limited to: providingindividual cost estimates; completing approved
property repairs;assisting in the distribution of marketing brochures;
assisting inthe opening of properties for ''open house'', and
preparingcomprehensive completion reports for each property prepared.
To beconsidered well qualified a firm must: (1) have experience
inpreparing large number of properties for sale, in a short period
oftime, i.e.: complete preparations on up to 60 properties in a 3045day
period; (2) meet the following insurance requirements: a)Performance
Bonds in an amount not less than $300,000, b) Workman'sCompensation
Insurance, and c) General Liability insurance in anamount not less than
$1,000,000; (3) demonstrate knowledge of RTCMinimum Habitability
requirements; (4) be licensed, or agree tobecome licensed, to do
business in the State of North Carolina; and(5) have financial
capability to wait up to 30 days on payment forwork performed on
individual properties. Firms desiring to respond to the announcement
must submit anotification letter on official firm letterhead
statingaffirmatively that the firm is qualified to perform the
aboveservices and to meet the above requirements, and is interested
inreceiving a solicitation. The notification letter must include:firm
name, street address, phone and facsimile numbers, federal
taxidentification number (TIN), name of contact person, whether or
notOfferor is a Minority or Woman Owned Business (''MWOB''),
andsignature of an officer or general partner of the firm. Notification
letters must include a firm resume not to exceed fourpages. It is the
intent of NRC Auctions, Inc. to distribute thesolicitation only to
qualified firms. MWOB's are encouraged toapply and will be given
special consideration. NRC Auctions, Inc.also encourages the
participation of MWOB's in joint venture andsubcontracting
arrangements. Notification letters must be either hand delivered, sent
byovernight courier, or certified mail/return receipt requested to:NRC
Auctions, Inc., 720 North Franklin Street, Suite 400,
Chicago,h)0*0*0*Illinois 60610. Attention: Michael T. S. Kennedy. Phone
number(312)6427900. Notification letters must be received on or
before5:00p.m. Eastern Standard Time on Friday, August 30, 1995.
Notification letters received after this time, or which do notconform
with all above instructions, will be deemed nonresponsive. Firms
responding as directed in this announcement, with theappropriate
experience and meeting necessary requirements, will bemailed a detailed
Solicitation of Services authorizing them tosubmit a proposal. (0226) Loren Data Corp. http://www.ld.com (SYN# 0122 19950815\R-0001.SOL)
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