Delivery Order 86614524D00006-86614526F00002
Active Awarded
- Contract number
- 86614526F00002
- Awardee
-
24 Asset Management Corp UEI URM8YYHQMLG3
- Awarding agency
-
Atlanta Operations Branch
Department of Housing and Urban Development
- Obligated
- $10,124,600
Award facts
- Contract value 100% obligated
- $10,124,600.00 Current and potential, with all options
- Completion date 85% 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), through the Federal Housing Commissioner, awarded a delivery order valued at $10.1 million to 24 Asset Management Corp (doing business as Fsr-24 Asset Management) for field service management services in Area 5A/8A. The contract, awarded on December 12, 2025, with a completion date of December 19, 2026, operates under a firm fixed-price structure with no small business set-aside designation. This delivery order is issued under one of HUD's larger indefinite delivery contracts (IDVs) with 24 Asset Management Corp, which carries potential values ranging up to $85 million and provides a framework for ongoing property management services across multiple geographic regions.
24 Asset Management Corp, a Hispanic American-owned small business based in Miami, Florida, specializes in comprehensive field service management for HUD's real estate owned (REO) properties. The services encompassed by this delivery order include property inspections, security, repairs, utility management, and disposition tracking for foreclosed single-family homes. The company has maintained a substantial contract portfolio with HUD since at least 2022, demonstrating expertise in supporting the agency's mission to preserve communities, maintain property values, and maximize returns to the Federal Housing Administration's insurance funds. This award continues HUD's established relationship with the contractor for managing its property portfolio across multiple service areas.
Quick answers
Who was awarded contract 86614526F00002?
86614526F00002 was awarded to 24 Asset Management Corp by Atlanta Operations Branch (Department of Housing and Urban Development) on December 12, 2025.
How much is contract 86614526F00002 worth?
The government has obligated $10,124,600 on 86614526F00002.
Which agency awarded contract 86614526F00002?
Atlanta Operations Branch (Department of Housing and Urban Development) awarded 86614526F00002, with funding from Assistant Secretary for Housing Federal Housing Commissioner (Department of Housing and Urban Development).
Is contract 86614526F00002 an order under another contract?
Yes. 86614526F00002 is a delivery order under 86614524D00006, an indefinite delivery contract.
Was contract 86614526F00002 competed?
The extent of competition for 86614526F00002 was full and open competition.
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