Issue a pre-priced task order against contract number 86614822D00002 for the contractor to perform property management services at heritage apartments located in waterloo, iowa using FHA funds. The…

Ended Awarded Last action

Contract number
86614924F00017
Awardee
Awarding agency
Obligated
$2,606,084

Award facts

Contract value 100% obligated
$2,606,084.00 Current and potential, with all options
Completion date 100% 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

Award details come from SAM.gov/FPDS.

Transactions

Action Obligated Date
Other Administrative Action P00003 · Property management services at heritage apartments located in waterloo, iowa. $0
Other Administrative Action P00002 $0
Funding Only Action P00001 · Issue a task order modification for the contractor to perform addditional property management services at heritage apartments located in waterloo, iowa. $775,400
Original award $1,830,684

About this award

The U.S. Department of Housing and Urban Development's Office of Multifamily Housing awarded a $2.6 million delivery order to Leumas Residential LLC for property management and tenant relocation services at Heritage Apartments in Waterloo, Iowa. This task order was issued under the parent contract 86614822D00002 and will utilize Federal Housing Administration funds associated with FHA case number 074-35265. The contract, which was not set aside for any designated group, carries a firm fixed-price structure and an ultimate completion date of January 16, 2025. The award was made on January 17, 2024.

Leumas Residential LLC, doing business as The Leumas Group and headquartered in Fredericksburg, Virginia, is a minority-owned small disadvantaged business certified under the Small Business Administration's 8(a) program. The contractor brings extensive experience in federal property management, having served as the prime on a substantial $108.9 million single-award indefinite delivery contract with HUD's Office of Multifamily Housing for nationwide property management and tenant relocation services through May 31, 2027. For this Heritage Apartments engagement, Leumas will provide comprehensive property management oversight and tenant relocation support, addressing the property management needs resulting from the owner's abandonment of the facility.

Description

Issue a pre-priced task order against contract number 86614822D00002 for the contractor to perform property management services at heritage apartments located in waterloo, iowa using FHA funds. The FHA case # is 074-35265. The owner has abandoned TH

Quick answers

Who was awarded contract 86614924F00017?

86614924F00017 was awarded to Leumas Residential LLC by Real Estate Assessment Center (Department of Housing and Urban Development) on January 17, 2024.

How much is contract 86614924F00017 worth?

The government has obligated $2,606,084 on 86614924F00017.

Which agency awarded contract 86614924F00017?

Real Estate Assessment Center (Department of Housing and Urban Development) awarded 86614924F00017, with funding from Housing Office of Multi Family Housing (Department of Housing and Urban Development).

Is contract 86614924F00017 an order under another contract?

Yes. 86614924F00017 is a delivery order under 86614822D00002, an indefinite delivery contract.

Was contract 86614924F00017 competed?

The extent of competition for 86614924F00017 was full and open competition after exclusion of sources.

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