Field service management services area [3A/4A]
Ended Awarded Last action
- Contract number
- 86614524F00039
- Awardee
-
24 Asset Management Corp UEI URM8YYHQMLG3
- Awarding agency
-
Atlanta Operations Branch
Department of Housing and Urban Development
- Obligated
- $10,216,999
Award facts
- Contract value 100% obligated
- $10,216,999.00 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's Assistant Secretary for Housing/Federal Housing Commissioner awarded a $10.2 million delivery order to 24 Asset Management Corp (doing business as Fsr-24 Asset Management) on February 16, 2024, for field service management services in Areas 3A/4A. The contract utilizes a firm fixed-price delivery order mechanism with an ultimate completion date of February 15, 2025, and was issued without small business set-aside designation. This award represents a task order issued under HUD's Indefinite Delivery Contracts framework, which the agency uses to manage comprehensive field service operations for real estate owned properties resulting from foreclosures across multiple geographic regions.
24 Asset Management Corp is a minority-owned, Hispanic American-owned small business based in Miami, Florida, that specializes in property management and field service delivery for HUD's foreclosed property portfolio. The company's responsibilities under this delivery order encompass property inspections, security services, repairs, utility management, ongoing maintenance activities, and disposition tracking. The contractor has demonstrated substantial capacity through its established federal contract portfolio, which includes multiple active delivery orders and indefinite delivery vehicles with HUD valued at up to $85.1 million, positioning it as a primary vendor within HUD's field service management procurement framework.
Quick answers
Who was awarded contract 86614524F00039?
86614524F00039 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 86614524F00039 worth?
The government has obligated $10,216,999 on 86614524F00039.
Which agency awarded contract 86614524F00039?
Atlanta Operations Branch (Department of Housing and Urban Development) awarded 86614524F00039, with funding from Assistant Secretary for Housing Federal Housing Commissioner (Department of Housing and Urban Development).
Is contract 86614524F00039 an order under another contract?
Yes. 86614524F00039 is a delivery order under 86614524D00005, an indefinite delivery contract.
Was contract 86614524F00039 competed?
The extent of competition for 86614524F00039 was full and open competition.
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