Mission critical: management of seized assets remanded to usms custody pursuant to 28 CFR § 0.111 fiscal year 2025 of contract award# 15M50025DA4400035 for real property bridge contract

Ended Awarded Last action

Contract number
15M50025FA4400064
Awardee
Awarding agency
Obligated
$10,496,565

Award facts

Contract value 100% obligated
$10,496,565.00 Current and potential, with all options
Completion date 100% complete
Current and potential, with all options
Set-aside
No set-aside
Competition
Not Competed Only One Source
Pricing
Firm Fixed Price
Place of performance
Houston, TX 77019, USA
Legislative mandates

Award details come from SAM.gov/FPDS.

Transactions

Action Obligated Date
Other Administrative Action P00005 $499,000
Other Administrative Action P00003 $0
Other Administrative Action P00002 $0
Funding Only Action P00001 $0
Original award $9,997,565

About this award

The U.S. Marshals Service Asset Forfeiture Contracts Team issued a $10.5 million delivery order to Ore Financial Services LLC on June 22, 2025, for management of seized assets remanded to USMS custody under 28 CFR Section 0.111 in fiscal year 2025.

Ore Financial Services LLC is a woman-owned small business. The order is firm fixed price with an ultimate completion date of June 21, 2026. Place of performance is Houston, TX. The order covers nationwide and international pre-seizure assessment, custody, management, and disposition services for seized and forfeited real property across all 50 states, Washington D.C., U.S. territories, and limited overseas support, including provision of a cloud-based information system for asset tracking and management.

Quick answers

Who was awarded contract 15M50025FA4400064?

15M50025FA4400064 was awarded to Ore Financial Services LLC by US Marshals Service Asset Forfeiture Contracts Team (US Marshals Service) on June 22, 2025.

How much is contract 15M50025FA4400064 worth?

The government has obligated $10,496,565 on 15M50025FA4400064.

Is contract 15M50025FA4400064 an order under another contract?

Yes. 15M50025FA4400064 is a delivery order under 15M50025DA4400035, an indefinite delivery contract.

Was contract 15M50025FA4400064 competed?

The extent of competition for 15M50025FA4400064 was not competed.

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