Asset management services area 8A

Ended Awarded Last action

Contract number
86616022F00002
Awardee
Awarding agency
Obligated
$835,761

Award facts

Contract value 100% obligated
$835,760.81 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
Set-aside
No set-aside
Competition
Full and Open Competition Negotiated Proposal / Quote
Pricing
Firm Fixed Price
Place of performance
Atlanta, GA 30305, USA
Legislative mandates

Award details come from SAM.gov/FPDS.

Transactions

Action Obligated Date
Close Out P00003 -$1,878,636
Supplemental Agreement for work within scope P00002 $1,026,527
Other Administrative Action P00001 $0
Original award $1,687,870

About this award

This federal contract award to Raine & Company, LLC, a minority-owned, self-certified small disadvantaged business located in Atlanta, Georgia, is for asset management services in Area 8A. The contract has a ceiling value of $835,760.81 and is a delivery order under an Indefinite Delivery Contract (IDC) with the U.S. Department of Housing and Urban Development (HUD). Raine & Company provides comprehensive asset management services for HUD's affordable housing portfolio, including financial reporting, regulatory compliance monitoring, property inspections, budgeting, and disposition assistance. The company has multiple significant IDCs with HUD, allowing the agency to efficiently procure these services across diverse geographic regions through firm fixed-price delivery orders. This contract award is not set aside and demonstrates Raine & Company's strategic importance in supporting HUD's mission of preserving and managing affordable housing assets nationwide.

Quick answers

Who was awarded contract 86616022F00002?

86616022F00002 was awarded to Raine & Company, LLC by Atlanta Operations Branch (Department of Housing and Urban Development) on December 1, 2021.

How much is contract 86616022F00002 worth?

The government has obligated $835,761 on 86616022F00002.

Which agency awarded contract 86616022F00002?

Atlanta Operations Branch (Department of Housing and Urban Development) awarded 86616022F00002, with funding from Assistant Secretary for Housing Federal Housing Commissioner (Department of Housing and Urban Development).

Is contract 86616022F00002 an order under another contract?

Yes. 86616022F00002 is a delivery order under 86616021D00008, an indefinite delivery contract.

Was contract 86616022F00002 competed?

The extent of competition for 86616022F00002 was full and open competition.

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