HUD has just released the instructions for renewing Project Assistance Contracts (PACs) for Fiscal Year (FY) 2015.  The instructions provide guidance to the field for processing PAC renewals for FY2015.  The expiring PACs may be renewed for a period of one year only.  Headquarters sent the instructions to the field offices on March 24, 2015.  The memorandum and the FY 2015 contract are available on the HUD website at :