The U.S. General Services Administration (GSA) has awarded field services provider Mortgage Contracting Services (MCS) with a contract to perform property preservation work for the government. Each year, GSA manages approximately $56 billion worth of contracting dollars in providing its government customers with goods and services, including property management and historic property preservation.
In order to be certified to do work on behalf of GSA's government clientele, MCS was required to provide months of documentation proving its fiscal responsibility and capacity. MCS' certification ultimately enables GSA to extend cost-effective property preservation services to its clients, MCS says.
"As the need for pre-foreclosure and REO property preservation continues to grow, MCS wants to be in a position to do as much work as possible to prevent neighborhood blight," says Allan Martin, CEO of MCS.