Loren Data Corp.

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COMMERCE BUSINESS DAILY ISSUE OF APRIL 10,1998 PSA#2071

113 Bon Aire Circle West, Suffern, NY 10901

R -- MULTIFAMILY APARTMENT REPAIR AND RENOVATIONS SOL Arco-NAT236-98-009 jpg (IFB) POC Scott Langan Vice President 914 368 2400 x 309 WEB: Click here to go to the Arco Web Site, www.Arcomgt.com. E-MAIL: Jeffrey P. Goldstein Contracting Officer jpg@arcomgt.com, scott@arcomgt.com. Solicitation ARCO-NAT-236-98-009- jpg (IFB) Multifamily Apartment Repairs and renovations. The solicitation is for the services of a subcontractor to supply services under an indefinite quantity subcontract for approximately 57 apartments located at the Beekman Houses, Bronx N.Y. The contractor will act as a subcontractor to Arco Management under its Prime Contract as Contractor Asset Manager for the U.S. Department of Housing and Urban Development (HUD) for the REO Service Center in Atlanta, Georgia. The Subcontractor will have to provide the work in accordance with labor rates published under Davis Bacon. Certified payrolls are required at the time of payment invoicing. This IFB is structured in accordance with the Uniform Contract Format required by the Federal Acquisition Regulation (FAR). The estimated price range for this solicitation is between $ 100,000 and $ 200,000. Subcontractors must visit the site to inspect the work to be completed. Arco reserves the right to select more than one subcontractor for this solicitation. If you have interest regarding this IFB, you should contact only in writing ARCO MANAGEMENT Attention: Scott Langan 113 Bon Aire Circle West Suffern, New York 10901 -- 914 368 2499 fax or E mail at scott@arcomgt.com Due out for mailing about April 17, 1998. (0097)

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