Mythics Business Process Consultant Services Sole Source

This is a notice of intent to award a contract as a sole economically feasible source to Mythics for Oracle Business Process Consultant Services.

IHDA uses Mythics, Inc. as an integrated part of its operating model, supplementing its accounting function through Business Process Consulting Services (BPC) with services equivalent to ten direct staff. The team processes approximately 80% of IHDA's accounting activity and directly supports required financial reporting to IHDA's Board of Directors, the State Comptroller's Office, the Federal National Mortgage Association (Fannie Mae), and other federal agencies.

Vendor agrees to provide dedicated accounting resources, including Staff Accountants, Senior Accountants, and an onsite Project Manager. The resources will have governmental and housing finance accounting experience and working knowledge of Oracle Fusion Cloud ERP, and will work within IHDA's secure remote desktop environment.

Vendor agrees to provide the following accounting services:

• Prepare monthly reconciliations of assigned general ledger and bank accounts, including the necessary journal entries
• Support monthly, quarterly, and year-end close, and prepare assigned audit schedules
• Process and balance daily lockbox, wire, pending payout, and other cash transactions, and post them to the general ledger
• Reconcile single family/ multifamily loan and escrow balances to the general ledger
• Analyze proprietary and governmental funds operating results and perform general ledger account analysis
• Collect, analyze, document, and report financial data for governmental programs, including financial statements and income statement, balance sheet, and intercompany analysis
• Review grant and loan receipts and disbursements across programs for proper recording
• Perform variance analysis of management reports and financial statements, and review revenue and expense operating results for commentary
• Continue to identify system enhancements and process improvements through existing and new tools

**Administration.** Vendor agrees to provide monthly reporting on hours, transactions, and performance against IHDA-set benchmarks, maintain standard operating procedures (SOPs) for recurring processes, and provide onsite project management for escalation and coordination.

The hearing will be cancelled unless an interested party submits written comments or makes a written request for public hearing by **Friday, 11/13/26 at 4PM** to the Info Contact above.

Estimated Contract Begin Date: 12/1/2026. Estimated Contract End Date: 11/30/2027. Number of Potential Renewals: 0.

The 12-month cost of $597,096 is based on the current monthly rate. Monthly reporting lets IHDA verify hours delivered against rates paid.

Locally held funds at the Authority.