Loren Data Corp.

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COMMERCE BUSINESS DAILY ISSUE OF AUGUST 16,1995 PSA#1411

Resolution 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)

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