The U.S. Department of Housing and Urban Development (HUD) has awarded a Firm Fixed Price Delivery Order contract to 24 Asset Management Corp, a minority-owned small business, for field service management services related to HUD's single-family real estate owned (REO) properties. The contract, with a ceiling value of $9,613,130.00, covers a geographic area designated as 3S/5S and has a period of performance through November 21, 2024. 24 Asset Management Corp, doing business as Fsr-24 Asset Management, provides comprehensive services including property inspections, security measures, cosmetic repairs, utility management, and disposition tracking for HUD's acquired foreclosed properties. This award is part of a larger set of Indefinite Delivery Contracts (IDCs) the company holds with HUD, which together support the agency's efforts to preserve communities, maintain property values, and maximize returns to the Federal Housing Administration's insurance funds by efficiently managing its REO portfolio.
Generated 11/27/24, 9:35 AM