Thu Feb 2 12:07:42 EST 2023
Home#ForeclosurepediaNationHUD M&M FSM Awards Rolled Back To Guardian

HUD M&M FSM Awards Rolled Back To Guardian

HUD Comments On M&M FSM 3.12 Award Restructuring To Guardian Asset Management

The US Department of Housing and Urban Development‘s (HUD) Management and Marketing (M&M) Field Service Manager (FSM) 3.12 Awards have been a roller coaster to put it mildly. One the one hand the unwise decision to award nearly all contracts to 24 Asset Management, a company with virtually  zero HUD experience and no previous awards was questioned from the beginning. And the inevitable protests that everyone expected called into question the leadership — or lack thereof — of Cathy Baker, the current HUD M&M director. And now that all of the awards have been reassigned back to Guardian Asset Management, Labor is scrambling to figure out what is actually going on.

After hundreds of emails received by Foreclosurepedia, we decided to actually reach out and get comment as to what is actually going on. And during that process it was frightening to learn that HUD was not really keeping any of the contract holders or Awardees in the loop. Here is what a Senior HUD Official had to say,

I can confirm that HUD did terminate for convenience the Task Orders for FSM 3.12, but not the basic contract awards.  The corrective action that HUD is taking relative to the protests will not be resolved until FY23 (after 30 September); therefore, the terminations on the TOs were processed solely to reclaim funding that could otherwise be used this FY.  HUD otherwise hopes to have the corrective action completed before the end of the calendar year.

Fiscal years and calendar years? Yeah, part of that mysterious language one has to learn as it pertains to the priesthood like speech the US government uses. The Fiscal Year for the US government ends on 31 September and the Calendar Year ends on 31 December. And it is these nuances which Labor generally has no idea about and moreover, the reality is that Labor was never given a heads up by anyone as to whom actually holds the contracts! With that aggressive approach by 24 Asset Management, Labor onboarded anticipating going to work immediately only to find out it was a complete waste of time. Par for the course.

We are able to inform you that if you are wanting to do HUD M&M FSM work, Guardian is your main point-of-contact. And while Guardian has had a rocky start implementing their new accounting software, we are pleased to announce that all International Association of Field Service Technicians (IAFST) personnel have been paid in full and all outstanding orders have been caught up.

We will dig deeper into the mess in this weekend’s Foreclosurepedia Industry Insider podcast and in the meantime, if you are wanting to participate in the HUD M&M FSM, reach out direct to Guardian and tell your Vendor Manager that Foreclosurepedia sent you!

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