Issue a pre-priced task order to perform occupied property management services at heritage apartments located at 1306 donald ST. Waterloo, IA 50703 utilizing FHA funding.
Active Awarded Last action
- Contract number
- 86614326F00010
- Awardee
-
Leumas Residential LLC UEI K2ZNTN4ANN36
- Awarding agency
-
Philadelphia Operations Branch
Department of Housing and Urban Development
- Obligated
- $1,649,320
Award facts
- Contract value 100% obligated
- $1,649,320.00 Current and potential, with all options
- Completion date 76% complete
- Current and potential, with all options
- Funding agency
- Housing Office of Multi Family Housing Department of Housing and Urban Development
- NAICS code
- 531311 Residential Property Managers
- Set-aside
- No set-aside
- Competition
- Full and Open Competition after exclusion of sources Negotiated Proposal / Quote
- Pricing
- Firm Fixed Price
- Place of performance
- Waterloo, IA 50703, USA
- Legislative mandates
-
- 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's Office of Multifamily Housing awarded a delivery order valued at $1.65M to Leumas Residential LLC for occupied property management services at Heritage Apartments in Waterloo, Iowa through January 16, 2027. The firm fixed-price delivery order, awarded January 17, 2026, will be funded through Federal Housing Administration resources and encompasses property management and tenant relocation services. This award was issued without a set-aside designation and derives from Leumas Residential's larger $108.9M indefinite delivery contract with HUD's Office of Multifamily Housing, which was competitively awarded as an 8(a) set-aside in June 2022 and remains valid through May 31, 2027.
Leumas Residential LLC, a Fredericksburg, Virginia-based minority-owned small disadvantaged business certified under the Small Business Administration's 8(a) program, brings substantial experience in federal property management and tenant relocation services across HUD-assisted multifamily housing properties nationwide. The company has executed similar engagements at comparable properties, including recent task orders for tenant relocation services at Olive Park Village in Kansas City, Missouri ($1.015M), Willow Bend I & II in Jacksonville, Arkansas ($1.157M), and Shorter College Gardens in North Little Rock, Arkansas ($2.765M). Leumas Residential operates primarily as a prime contractor and maintains multiple significant federal contract vehicles with HUD, the Air Education and Training Command, and the General Services Administration, positioning it as an established provider of complex multifamily housing management and relocation support services.
Quick answers
Who was awarded contract 86614326F00010?
86614326F00010 was awarded to Leumas Residential LLC by Philadelphia Operations Branch (Department of Housing and Urban Development) on January 17, 2026.
How much is contract 86614326F00010 worth?
The government has obligated $1,649,320 on 86614326F00010.
Which agency awarded contract 86614326F00010?
Philadelphia Operations Branch (Department of Housing and Urban Development) awarded 86614326F00010, with funding from Housing Office of Multi Family Housing (Department of Housing and Urban Development).
Is contract 86614326F00010 an order under another contract?
Yes. 86614326F00010 is a delivery order under 86614822D00002, an indefinite delivery contract.
Was contract 86614326F00010 competed?
The extent of competition for 86614326F00010 was full and open competition after exclusion of sources.
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