Delivery Order 86614524D00004-86614525F00015
Ended Awarded
- Contract number
- 86614525F00015
- Awardee
-
24 Asset Management Corp UEI URM8YYHQMLG3
- Awarding agency
-
Atlanta Operations Branch
Department of Housing and Urban Development
- Obligated
- $8,883,861
Award facts
- Contract value 100% obligated
- $8,883,861.00 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
-
- 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 awarded a delivery order valued at $8.88 million to 24 Asset Management Corp, a minority-owned small business based in Miami, Florida, for field service management in the 4D/5D geographic area. The contract, awarded on February 3, 2025, with completion targeted for February 15, 2026, is issued under a firm fixed-price delivery order structure without a small business set-aside designation. 24 Asset Management Corp, operating as Fsr-24 Asset Management, specializes in comprehensive property management services for HUD's real estate owned (REO) inventory, including property inspections, security services, repairs, utility management, and disposition tracking for foreclosed single-family homes.
This delivery order is issued under one of 24 Asset Management Corp's existing Indefinite Delivery Contracts with HUD, which were awarded in 2022 and 2023 with potential values ranging from $33 million to $85 million. These IDVs provide the framework for HUD to issue task orders supporting the agency's mission to preserve communities, maintain property values, and maximize returns to the Federal Housing Administration's insurance fund. The contractor has established itself as a reliable partner for HUD field service management across multiple geographic regions and maintains a diverse federal portfolio that includes landscape maintenance services for the U.S. Department of Agriculture's Agricultural Research Service.
Quick answers
Who was awarded contract 86614525F00015?
86614525F00015 was awarded to 24 Asset Management Corp by Atlanta Operations Branch (Department of Housing and Urban Development) on February 3, 2025.
How much is contract 86614525F00015 worth?
The government has obligated $8,883,861 on 86614525F00015.
Which agency awarded contract 86614525F00015?
Atlanta Operations Branch (Department of Housing and Urban Development) awarded 86614525F00015, with funding from Assistant Secretary for Housing Federal Housing Commissioner (Department of Housing and Urban Development).
Is contract 86614525F00015 an order under another contract?
Yes. 86614525F00015 is a delivery order under 86614524D00004, an indefinite delivery contract.
Was contract 86614525F00015 competed?
The extent of competition for 86614525F00015 was full and open competition.
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