PIH-REAC Reverse Auctions for Physical Inspections

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The Real Estate Assessment Center (REAC) within HUD's Office of Public and Indian Housing (PIH) has begun a paperless "Reverse Auction" program to purchase Uniform Physical Condition Standards Inspection Services (UPCS).

The entire process (bidding, inspection and payment) is paperless--

• PIH-REAC will post its requirements for individual inspections, or in some cases small groups of inspections, to the Reverse Auction Internet site.
  
  
• Inspection firms (including individual inspectors, i.e., sole proprietors) that have been certified by REAC may log on to the Reverse Auction site and bid in open competition for purchase order(s) to perform the posted inspection(s).
  
  
• Learn how to become a REAC certified inspector
  
  
• At the close of the reverse auction, the successful bidder will be notified via email.
  
  
• The successful bidder will promptly schedule and perform the inspection(s) in accordance with the Uniform Physical Condition Standards (UPCS) protocol and submit the inspection(s) electronically to REAC for review and acceptance.
  
  
• Upon acceptance of the inspection(s), HUD will make payment electronically to the firm's/inspector's bank account using the Government-wide Purchase Card (Mastercard).
  
  
• Learn more about the Reverse Auction Program.