Delivery Order 86614524D00003-86614524F00042
Ended Awarded
- Contract number
- 86614524F00042
- Awardee
-
24 Asset Management Corp UEI URM8YYHQMLG3
- Awarding agency
-
Atlanta Operations Branch
Department of Housing and Urban Development
- Obligated
- $4,892,944
Award facts
- Contract value 100% obligated
- $4,892,944.00 Current and potential, with all options
- Completion date 100% complete
- Current and potential, with all options
- Funding agency
- Assistant Secretary for Housing Federal Housing Commissioner Department of Housing and Urban Development
- NAICS code
- 531311 Residential Property Managers
- Set-aside
- No set-aside
- Competition
- Full and Open Competition Negotiated Proposal / Quote
- Pricing
- Firm Fixed Price
- Place of performance
- Olympia Heights, FL 33175, USA
- Legislative mandates
-
- Walsh-Healey Public Contracts Act FAR subpart 22.6
- Service Contract Act FAR subpart 22.10
- Employment Eligibility Verification (E-Verify) FAR subpart 22.18
- Service Contract Inventory FAR subpart 4.17
Award details come from SAM.gov/FPDS.
About this award
The U.S. Department of Housing and Urban Development (HUD) awarded a Delivery Order contract to 24 Asset Management Corp, a minority-owned small business, for field service management services for HUD's single-family real estate owned (REO) properties. The contract has a firm fixed price type and a ceiling value of $4,892,944.00. The contract covers a period ending on February 15, 2025 and was awarded on February 16, 2024. The services provided under this contract include property inspections, security, repairs, utility management, and disposition tracking for foreclosed properties across multiple geographic areas, including Regions 1D, 3A/4A, 3S/5S, 4D/5D, 5A/8A, and 5P. 24 Asset Management Corp holds several Indefinite Delivery Contracts (IDCs) with HUD, each with a potential value ranging from $33 million to $70 million, which provide a framework for HUD to issue task orders for field service management of its REO properties. This contract supports HUD's objectives of preserving communities, maintaining property values, and maximizing returns to the Federal Housing Administration's insurance funds.
Quick answers
Who was awarded contract 86614524F00042?
86614524F00042 was awarded to 24 Asset Management Corp by Atlanta Operations Branch (Department of Housing and Urban Development) on February 16, 2024.
How much is contract 86614524F00042 worth?
The government has obligated $4,892,944 on 86614524F00042.
Which agency awarded contract 86614524F00042?
Atlanta Operations Branch (Department of Housing and Urban Development) awarded 86614524F00042, with funding from Assistant Secretary for Housing Federal Housing Commissioner (Department of Housing and Urban Development).
Is contract 86614524F00042 an order under another contract?
Yes. 86614524F00042 is a delivery order under 86614524D00003, an indefinite delivery contract.
Was contract 86614524F00042 competed?
The extent of competition for 86614524F00042 was full and open competition.
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