Delivery Order 86614524D00011-86614525F00003

Ended Awarded Last action

Contract number
86614525F00003
Awardee
Awarding agency
Obligated
$5,649,811

Award facts

Contract value 100% obligated
$5,649,811.00 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
South Salt Lake, UT 84115, USA
Legislative mandates

Award details come from SAM.gov/FPDS.

Transactions

Action Obligated Date
Other Administrative Action P00001 $0
Original award Field service management services area [4S/6S] $5,649,811

About this award

Spectrum Solutions Acquisitions, LLC has been awarded a delivery order valued at $5.6 million under a larger Indefinite Delivery Contract (IDC) for Field Service Management Services in Areas 4S and 6S. The contract, awarded on January 28, 2025, with an ultimate completion date of February 15, 2026, is structured as a firm fixed-price delivery order with no set-aside designation. The work will be performed in South Salt Lake, Utah, and is funded by the U.S. Department of Housing and Urban Development (HUD) through the Assistant Secretary for Housing Federal Housing Commissioner office.

Under this contract, Spectrum Solutions Acquisitions will provide comprehensive field service management for HUD's single-family Real Estate Owned (REO) properties, including property inspections, security measures, cosmetic repairs, homeowners association fee payments, ongoing maintenance, and disposition tracking for foreclosed homes. The contractor's selection reflects HUD's confidence in the company's capability to manage substantial federal property management responsibilities; Spectrum Solutions currently holds four significant IDCs with HUD representing a combined potential value exceeding $272 million. These services support HUD's mission to maximize returns on its property inventory while maintaining community stability through effective asset management across multiple geographic regions.

Quick answers

Who was awarded contract 86614525F00003?

86614525F00003 was awarded to Spectrum Solutions Acquisitions, LLC by Atlanta Operations Branch (Department of Housing and Urban Development) on January 28, 2025.

How much is contract 86614525F00003 worth?

The government has obligated $5,649,811 on 86614525F00003.

Which agency awarded contract 86614525F00003?

Atlanta Operations Branch (Department of Housing and Urban Development) awarded 86614525F00003, with funding from Assistant Secretary for Housing Federal Housing Commissioner (Department of Housing and Urban Development).

Is contract 86614525F00003 an order under another contract?

Yes. 86614525F00003 is a delivery order under 86614524D00011, an indefinite delivery contract.

Was contract 86614525F00003 competed?

The extent of competition for 86614525F00003 was full and open competition.

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