The Virgin Islands Housing Finance Authority issues Request for Proposals (RFP), Invitation for Bids (IFB) and Bid Requests (BR) to award contracts to qualified and licensed firms, or individuals to complete different projects. Once the publicly solicited bids are reviewed and approved, a fixed-price contract (lump sum or unit price) is awarded to the most responsible and responsive bidder whose bid, conforming with all the material terms and conditions of the bid, is the lowest in price.
Any of the Authority's bids may be picked up locally at our main offices either in St. Thomas or St. Croix. For more information, please feel free to contact our office in the St. Croix or St. Thomas respectively.
The Virgin Islands Housing Finance Authority has a strong commitment to a procurement system of quality and integrity; provide for the fair and equitable treatment of all persons or firms involved in purchasing by the VIHFA; ensure that supplies and services (including construction) are procured efficiently, effectively, and at the most favorable prices available to the VIHFA; promote competition in contracting; and assure that VIHFA purchasing actions are in full compliance with applicable State/Territory, and local laws.