This Position Is No Longer Available
  1. Overview
  2. Duties
  3. Qualifications & Evaluations
  4. Benefits & Other Info
  5. How to Apply

Job Title:Contracting Intern

Agency:Federal Housing Finance Agency

Job Announcement Number:OBFM-12-06

This position is closed and no longer accepting online applications through USAJOBS.

The contents of the announcement can still be viewed.


$58,783.00 to $58,783.00 / Per Year


Monday, November 19, 2012 to Monday, November 26, 2012




Full Time - Internships


1 vacancy in the following location:
Washington DC Metro Area, DC United States


Student/Internship Program Eligibles


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The Federal Housing Finance Agency (FHFA) is a small, dynamic, fast-paced federal agency whose work has far-reaching impact. If selected, you will be part of an integrated team playing a key role in the current and future U.S. housing market. 

At FHFA, every employee is critical in meeting our mission. Our team primarily consists of examiners, accountants, economists, financial analysts, information technology specialists, and attorneys – which make up our Mission Critical Occupations (MCO).  However, we also employ budget and procurement specialists, human resources specialists, administrative, facilities and space management professionals and student interns.

We offer competitive salaries and a great benefits package.


To be eligible for this position, the applicant must have been accepted for enrollment or be enrolled and seeking a degree (diploma, certificate, etc.) in a qualifying educational institution on a full time or half time basis in a  Contracting program.


The listed salary is the beginning range of pay for the EL-09 level.  Actual salary may be set higher according to a number of factors to include education, experience, and equity with current staff in similar positions.


  • Must be a US citizen
  • Applicants must be eligible for the Pathways Internship Program


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Serves as a contract specialist and business advisor in contracting for one or more FHFA program offices.  The employee will support a senior contract specialist.

Work includes a range of contract specializations such as negotiation, cost and price analysis, and administration.  Performs the entire contracting functions; i.e. award, pre-award, and post-award.

Plans, develops, and establishes the contractual strategy for the assigned program office’s acquisition program.   Determines the types of contracts and negotiation authority to be used and prepares all supporting acquisition-related documents.  Monitors contract performance.

Conducts contract negotiations, often serving as the contracting advisor on the team with the technical support of a senior contract specialist for complex actions, and providing acquisition support to team members.  Coordinates with General Counsel and other offices during the acquisition process.  Prepares and recommends the appointment of the Contracting Officer’s Representatives (CORs).

Directs the full range of contract administration actions required for the acquisition program, including the preparation of contract modifications, negotiation of changes, exercise of option recommendations, investigation and resolution of contractor delays, contractor performance evaluation, subcontractor surveillance, disposition of claims, terminations, and similar matters.

Obtains appropriate audit and technical data, plans the negotiation strategy with the FHFA program office and senior contract specialist, and leads the negotiations with contractors for commercial items or less complex contracts to develop contract price, terms, and conditions.

Performs a range of contracting activities for the assigned program offices.   Ensures contracts meet the requirements of contracting provisions of the Small Business Act and the Dodd-Frank financial reform legislation.  Collaborates with assigned FHFA program offices to ensure appropriate outreach to minority-owned and women-owned businesses during the solicitation process.  Monitors contracts to ensure that businesses that are awarded FHFA contracts include, to the extent possible, minorities and women in their workforce.  Participates in providing information and review of agency reports regarding FHFA’s compliance with these regulations.


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Qualifying experience for the EL-09 level includes one year of specialized experience at least equivalent to EL-07 which is in or directly related to the line of work of the position to be filled and which has equipped the applicant with the particular knowledge, skills, and abilities to successfully perform the duties of the position. Examples of specialized experience include; 1) experience with the entire acquisition process, executing an acquisition  strategy, communicating and negotiating with contractors, and recommending contracts for award. 2) experience providing recommendations on contracting actions in accordance with Federal Acquisition Regulations (FAR) and other applicable statutes and regulations, primarily for commercial item procurements.


B. Two full academic years of progressively higher level graduate education or Masters degree or equivalent graduate degree.


Applicants must meet all qualifications requirements (listed above) by Monday, November 26, 2012 to be eligible for further consideration. Eligibility will be based on clear documentation indicating that the applicant's training and experience are of the scope, quality and level of responsibility sufficient to successfully perform the duties and responsibilities of this position.


All qualified applicants will receive consideration for employment regardless of race, color, religion, gender, status as a parent, sexual orientation, political affiliations, national origin, age, disability, or any other non-merit factor.


Applicants must be attending or enrolled in a qualifying educational program in order to be eligible for this position.


Candidates who meet the basic qualification requirements for this vacancy will be referred to the hiring manager. Veteran's preference applies and Veterans' with preference will be placed at the top of the list.

All of the information you provide will be verified by a review of the work experience and/or education as shown on your application forms, by checking references or through other means, such as the interview process. This verification could occur at any stage of the application process. Any exaggeration of your experience, false statements, or attempts to conceal information may be grounds for rating you ineligible.


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The Federal Housing Finance Agency (FHFA) offers a comprehensive benefits package that includes all of the standard federal benefits plus additional agency specific benefits.  Our unique benefits package includes the following:

DENTAL. FREE comprehensive dental coverage to employees and their family members. There is a $2,500 annual maximum per employee and a separate orthodontic benefit for dependent children to age 19. (Annual deductibles apply.)

VISION. FREE vision care coverage. This benefit covers the employee and all eligible dependents. (Co-pay applies.) Coverage includes reimbursement according to a fee schedule for eye examinations, frames and contact lenses once every 12 months.

TRANSPORTATION. 100% cost of your public transportation commuting expenses (e.g., vanpool, metro bus, metro train). The first $230 tax-free and up to $90 per month to cover the cost of parking at Metro operated lots.

WELLNESS.  This program provides a taxable reimbursement each fiscal year for various health related expenses. The maximum reimbursement dollar amount is established at $600.00 for 2011.

HEALTH INSURANCE. .A variety of Federal Employee Health Benefit plans to choose from which can be paid from pre-tax income. FHFA pays 90% of the bi-weekly premium.

RETIREMENT. The Federal Employee Retirement System (FERS) is a three-tiered program consisting of: Basic Benefit (a retirement pension) Social Security, and the Thrift Savings Plan (see below).  Current CSRS employees will remain under that retirement system.

RETIREMENT SAVINGS.. The Thrift Savings Plan (TSP) is a retirement savings and investment plan for Federal employees and offers the same type of savings and tax benefits provided under 401(k) plans. A FERS employee can contribute up to $16,500 per year. The agency will match contributions up to the first 5 percent. A CSRS employee, you can contribute up to $16,500 per year. CSRS employees do not receive any agency contributions. Employees age 50 or older as of December 31, 2011, may contribute an additional $5,500 for catch-up contribution per year.

 401K PLAN. In addition to the Thrift Savings Plan (TSP), the FHFA implemented an additional retirement savings plan that is administered by T. Rowe Price. Employees contributing at least 3% to the TSP may participate in the agency 401(k) plan. 401(k) plan participants may contribute up to 10% of their salary on a pre-tax basis, with agency matching contributions of up to 3 percent.

 LEAVE. The Federal leave program offers exceptional time-off benefits, including annual leave, sick leave, Family Friendly Leave, Family Medical Leave, and ten (10) paid holidays per year.

LIFE INSURANCE. The Federal Employee Group Life Insurance offers numerous life insurance policy options covering employees and dependents.

COUNSELING SERVICES. The Employee Assistance Program provides free confidential counseling and referral services to you and your family members.

TRAINING. Career development and enrichment training is available in job-related areas.

FITNESS. Free use of an on-site fitness facility which includes a locker room with showers.


Please visit for more detailed information on the federal benefits programs.


Interagency Career Transition Program: The ICTAP provides eligible displaced Federal competitive service employees with selection priority over other candidates for competitive service vacancies.  If your agency has notified you in writing that you are a displaced employee eligible for ICTAP consideration, you may receive selection priority if:  1) this vacancy is within your ICTAP eligibility, 2) you apply under the instructions in this announcement, and 3) you are found well-qualified for this vacancy. Well-qualified candidates are those who are rated in the well-qualified or highly-qualified category. You must provide proof of eligibility with your application to receive selection priority.  Such proof may include a copy of your written notification of ICTAP eligibility or a copy of your separation personnel action form.  Information about ICTAP eligibility is on OPM's Career Transition Resources website at

Selective Service:  If you are a male applicant born after December 31, 1959 , you must certify that you have registered with the Selective Service System, or are exempt from having to do so under the Selective Service Law.   See

Veterans' Preference:  If you are entitled to veterans' preference, you should indicate the type of veterans' preference you are claiming on your résumé.  Your veterans' preference entitlement will be verified if selected.

Veterans claiming preference who have met the basic qualification requirements will be placed ahead of other applicants in the category to which they are assigned based upon the rating of their application. Preference-eligible veterans who have at least a 10 percent compensable service-connected disability will be placed ahead of all applicants in the highest category.


REASONABLE ACCOMMODATION: This agency provides reasonable accommodations to applicants with disabilities, except when doing so would pose an undue hardship on the employing agency. If you need a reasonable accommodation for any part of the application and hiring process, please notify the agency at (202) 408-2921. The decision on granting reasonable accommodation will be made on a case-by-case basis.


Ethics: FHFA employees are subject to government-wide ethical standards of conduct, financial disclosure requirements, and post-employment prohibitions. In addition, certain FHFA employees are prohibited from accepting compensation from Fannie Mae and Freddie Mac for a two-year period after terminating employment with FHFA. Furthermore, to avoid financial conflicts-of interest or the appearance of conflicts-of-interest, FHFA employees may need to divest or sell certain assets they, their spouse, or minor children own or control, including securities issued by Fannie Mae, Freddie Mac, or the Federal Home Loan Banks. Employees who work on Federal Home Loan Bank issues may need to sell or divest financial interests with Federal Home Loan Bank members, which may include stock in bank holding companies, insurance companies, and other financial services firms. Questions regarding these requirements and prohibitions should be directed to the Office of General Counsel at (202) 414-3099.

Additional Information:

New federal employees are required to fulfill a one-year probationary period.

Favorable adjudication of the appropriate level of background investigation is a condition of employment at FHFA.

All Federal employees are required to have Federal salary payments made by direct deposit to a financial institution of their choosing.

There is currently only one vacancy available. However, should additional vacancies become available within three months from the opening date of this announcement, eligible applicants for this position may be referred for consideration for the additional position(s).


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To apply for this position, you must provide a complete Application Package which includes:



1. Your Resume or CV   

2.  Answer to the minimum qualifications question in the questionnaire.

3.  Documentation that you are enrolled or attending a qualified educational program.


The complete Application Package must be submitted by 11:59 PM (EST) on Monday, November 26, 2012.

To begin the process, click the Apply Online button to create an account or log in to your existing USAJOBS account.  Follow the prompts to complete the occupational questionnaire. Please ensure you click the Submit My Answers button at the end of the process. 
Note: To check the status of your application or return to a previous or incomplete application, log into your USAJOBS account, select Application Status, and click on the MORE INFORMATION link under the application status for this position. 

To fax supporting documents you are unable to upload, complete this cover page using the following Vacancy ID  780247.  Fax your documents to 1-478-757-3144.

If you cannot apply online:

1. Click the following link to view and print the occupational questionnaire View Occupational Questionnaire.                2. Print this 1203FX form to provide your response to the occupational questionnaire
3. Fax the completed 1203FX form along with any supporting documents to 1-478-757-3144. Your 1203FX will serve as a cover page for your fax transmission.


  • Resume, CV or application
  • Responses to the questionnaire

Proof that you are enrolled or attending a qualified educational program


Janice Obeido
Phone: (202)649-3742
Agency Information:
Federal Housing Finance Agency
400 7th Street SW
Washington, DC


After all application packages have been received, we will review your resume to ensure you meet the basic qualification requirements.  We will evaluate each applicant who meets the basic qualifications on the information provided in his/her resume and the completed Supplemental Questionnaire.  Applicants deemed best-qualified may be contacted for an interview.  We anticipate making a final job offer for this position within 45 days after the deadline for applications.  All candidates will be notified of the final disposition.

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