Area 1D field service management services

Active Awarded Last action

Contract number
86614526F00009
Awardee
Awarding agency
Obligated
$5,351,606

Award facts

Contract value 100% obligated
$5,351,606.00 Current and potential, with all options
Completion date 68% 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

Award details come from SAM.gov/FPDS.

Transactions

Action Obligated Date
Other Administrative Action P00001 $0
Original award $5,351,606

About this award

The Department of Housing and Urban Development issued a $5.35 million delivery order to 24 Asset Management Corp on February 16, 2026, under its Area 1D Field Service Management Services indefinite-delivery contract for field service management of HUD real estate owned foreclosed properties.

The parent IDC, awarded November 2, 2023, carries a ceiling of $37.2 million and ultimate completion of November 1, 2026. Place of performance is Olympia Heights, FL. This delivery order extends through February 15, 2027, and is priced firm fixed price with no set-aside designation.

24 Asset Management Corp is a Hispanic American-owned and minority-owned small business. The company delivers comprehensive field service management across six geographic service areas, including property inspections, security, repairs, utility management, maintenance, and disposition tracking for HUD's foreclosed single-family properties. No subcontractors are named.

Quick answers

Who was awarded contract 86614526F00009?

86614526F00009 was awarded to 24 Asset Management Corp by Atlanta Operations Branch (Department of Housing and Urban Development) on February 16, 2026.

How much is contract 86614526F00009 worth?

The government has obligated $5,351,606 on 86614526F00009.

Which agency awarded contract 86614526F00009?

Atlanta Operations Branch (Department of Housing and Urban Development) awarded 86614526F00009, with funding from Assistant Secretary for Housing Federal Housing Commissioner (Department of Housing and Urban Development).

Is contract 86614526F00009 an order under another contract?

Yes. 86614526F00009 is a delivery order under 86614524D00003, an indefinite delivery contract.

Was contract 86614526F00009 competed?

The extent of competition for 86614526F00009 was full and open competition.

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