Field service management services area 5P

Ended Awarded

Contract number
86614525F00013
Awardee
Awarding agency
Obligated
$13,228,952

Award facts

Contract value 100% obligated
$13,228,952.00 Current and potential, with all options
Completion date 100% complete
  • Current, with exercised options
  • 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
PSC
Z1FZ Maintenance Of Other Residential Buildings
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.

About this award

The U.S. Department of Housing and Urban Development (HUD) awarded a firm-fixed-price delivery order contract to 24 Asset Management Corp, a minority-owned small business, for field service management services in Area 5P. The contract has a ceiling value of $13,228,952.00 and a period of performance ending on February 15, 2026. 24 Asset Management Corp, doing business as Fsr-24 Asset Management, specializes in managing and maintaining HUD's single-family real estate owned (REO) properties, including inspections, security, repairs, utility payments, and disposition tracking. This award is part of 24 Asset Management Corp's existing indefinite delivery contracts (IDCs) with HUD, each valued between $33 million and $70 million, to provide field service management services across various geographic regions. The contract does not have a set-aside designation.

Quick answers

Who was awarded contract 86614525F00013?

86614525F00013 was awarded to 24 Asset Management Corp by Atlanta Operations Branch (Department of Housing and Urban Development) on February 5, 2025.

How much is contract 86614525F00013 worth?

The government has obligated $13,228,952 on 86614525F00013.

Which agency awarded contract 86614525F00013?

Atlanta Operations Branch (Department of Housing and Urban Development) awarded 86614525F00013, with funding from Assistant Secretary for Housing Federal Housing Commissioner (Department of Housing and Urban Development).

Is contract 86614525F00013 an order under another contract?

Yes. 86614525F00013 is a delivery order under 86614524D00008, an indefinite delivery contract.

Was contract 86614525F00013 competed?

The extent of competition for 86614525F00013 was full and open competition.

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