Delivery Order 86614524D00008-86614526F00010

This delivery order, valued at $11.08M and awarded on January 13, 2026, was issued to 24 Asset Management Corp (doing business as Fsr-24 Asset Management) for Field Service Management Services in Area 5P. The contract is a firm fixed-price delivery order under an Indefinite Delivery Vehicle established by the U.S. Department of Housing and Urban Development's Assistant Secretary for Housing/Federal Housing Commissioner and carries no small business set-aside designation. Performance will be conducted in Miami, Florida, with an ultimate completion date of February 15, 2027. 24 Asset Management Corp, a Miami-based minority-owned and Hispanic American-owned small business, specializes in comprehensive field service management and property maintenance services supporting HUD's management of real estate owned properties resulting from foreclosures, including property inspections, security services, repairs, utility management, and disposition tracking.

The awardee brings substantial capacity and experience to this engagement, having maintained an extensive portfolio of HUD field service management contracts across multiple geographic regions since 2011. The company holds multiple active Indefinite Delivery Vehicles with HUD, including ten awarded in November 2023 with ceiling values ranging from $37.2M to $85.1M, and continues to receive regular delivery orders for field service management operations. This contract award reflects HUD's continued reliance on 24 Asset Management Corp as a primary contractor for managing its foreclosed property portfolio, demonstrating the contractor's established standing within HUD's specialized procurement framework and proven capacity to execute large-scale property management operations.