3.76 asset management (am) area 3A, illinois, task order funding.
Ended Awarded Last action
- Contract number
- 86616020F00003
- Awardee
-
Chronos Solutions, LLC UEI HNAEEALMPQ43
- Awarding agency
-
Atlanta Operations Branch
Department of Housing and Urban Development
- Obligated
- $966,109
Award facts
- Opportunity
-
- M&M 3. 76 Asset Management Services Solicitation · Posted Feb 21, 2018
- Contract value 100% obligated
- $966,109.20 Current and potential, with all options
- Completion date 100% complete
- Current and potential, with all options
- Funding agency
- Housing Office of Single Family Housing Department of Housing and Urban Development
- NAICS code
- 531390 Other Activities Related to Real Estate
- Set-aside
- No set-aside
- Competition
- Full and Open Competition Negotiated Proposal / Quote
- Pricing
- Firm Fixed Price
- Place of performance
- Coppell, TX 75019, USA
Award details come from SAM.gov/FPDS.
Transactions
| Action | Obligated | Date |
|---|---|---|
| Funding Only Action | -$915,492 | |
| Original award | $1,881,601 |
About this award
The Department of Housing and Urban Development (HUD) awarded a firm fixed price Delivery Order to Chronos Solutions, LLC (doing business as Mmrem) to provide asset management services in Illinois under the 3.76 Asset Management (AM) program. The $966,109.20 award has a performance period through May 31, 2020 and does not have a set-aside designation. Chronos Solutions, a technology-enabled services provider for the mortgage industry, has previously received multiple prime contract awards from HUD to deliver asset management, property management, and related services for HUD-associated multifamily housing units and real estate assets across the Midwest and other regions. This Delivery Order is likely part of a larger Indefinite Delivery Contract vehicle that allows HUD to issue orders for ongoing asset management support as needed.
Quick answers
Who was awarded contract 86616020F00003?
86616020F00003 was awarded to Chronos Solutions, LLC by Atlanta Operations Branch (Department of Housing and Urban Development) on December 1, 2019.
How much is contract 86616020F00003 worth?
The government has obligated $966,109 on 86616020F00003.
Which agency awarded contract 86616020F00003?
Atlanta Operations Branch (Department of Housing and Urban Development) awarded 86616020F00003, with funding from Housing Office of Single Family Housing (Department of Housing and Urban Development).
Is contract 86616020F00003 an order under another contract?
Yes. 86616020F00003 is a delivery order under 86544B19D00001, an indefinite delivery contract.
Was contract 86616020F00003 competed?
The extent of competition for 86616020F00003 was full and open competition.
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