Asset management services - area 5D task order

Ended Awarded Last action

Contract number
86616022F00038
Awardee
Awarding agency
Obligated
$132,331

Award facts

Opportunity
  • 86616022R00006 Solicitation number
Contract value 100% obligated
$132,330.51 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
Not Competed Only One Source
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 P00002 -$4,575
Funding Only Action P00001 · Asset management services - area 5D -$724,772
Original award $861,678

About this award

The U.S. Department of Housing and Urban Development (HUD) awarded a Firm Fixed Price Delivery Order contract for Asset Management Services in Area 5D to Raine & Company, LLC, a minority-owned, self-certified small disadvantaged business located in Atlanta, Georgia. The contract has a ceiling value of $132,330.51 and a period of performance through February 28, 2023. This Delivery Order was issued under a larger Indefinite Delivery Contract (IDC) that allows HUD to efficiently procure asset management services across diverse geographic regions. Raine & Company provides a range of services under these IDCs, including financial reporting, regulatory compliance monitoring, property inspections, budgeting, and disposition assistance for federally-owned and subsidized housing assets, primarily focusing on multifamily housing portfolios. The contract was awarded without a set-aside designation, indicating Raine & Company's competitiveness in the federal marketplace.

Quick answers

Who was awarded contract 86616022F00038?

86616022F00038 was awarded to Raine & Company, LLC by Atlanta Operations Branch (Department of Housing and Urban Development) on September 1, 2022.

How much is contract 86616022F00038 worth?

The government has obligated $132,331 on 86616022F00038.

Which agency awarded contract 86616022F00038?

Atlanta Operations Branch (Department of Housing and Urban Development) awarded 86616022F00038, with funding from Assistant Secretary for Housing Federal Housing Commissioner (Department of Housing and Urban Development).

Is contract 86616022F00038 an order under another contract?

Yes. 86616022F00038 is a delivery order under 86616022D00013, an indefinite delivery contract.

Was contract 86616022F00038 competed?

The extent of competition for 86616022F00038 was not competed.

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