Asset management services area 3P
Ended Awarded Last action
- Contract number
- 86616023F00011
- Awardee
-
Raine & Company, LLC UEI WNCDANULC217
- Awarding agency
-
Atlanta Operations Branch
Department of Housing and Urban Development
- Obligated
- $562,798
Award facts
- Contract value 100% obligated
- $562,798.41 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
- 531390 Other Activities Related to Real Estate
- Set-aside
- No set-aside
- Competition
- Not Competed Only One Source
- Pricing
- Firm Fixed Price
- Place of performance
- Atlanta, GA 30305, USA
- Legislative mandates
-
- Employment Eligibility Verification (E-Verify) FAR subpart 22.18
- Service Contract Inventory FAR subpart 4.17
Award details come from SAM.gov/FPDS.
Transactions
| Action | Obligated | Date |
|---|---|---|
| Close Out | -$1,680,364 | |
| Original award | $2,243,162 |
About this award
Raine & Company, LLC, a minority-owned, woman-owned small disadvantaged business based in Atlanta, Georgia, was awarded a delivery order valued at $562,798.41 for Asset Management Services Area 3P under the AM Bridge Contract, a larger Indefinite Delivery Contract vehicle with the U.S. Department of Housing and Urban Development. This firm fixed-price delivery order, awarded on February 24, 2023, with completion targeted for August 31, 2023, represents a continuation of Raine & Company's established partnership with HUD's Assistant Secretary for Housing Federal Housing Commissioner. The award was made without set-aside designation, reflecting the company's demonstrated competitive capabilities in the federal marketplace.
Under this delivery order, Raine & Company will provide comprehensive asset management services supporting HUD's multifamily housing portfolio in the Atlanta, Georgia area. These services typically encompass financial reporting, regulatory compliance monitoring, property inspections, budgeting, and disposition assistance for federally-owned and subsidized housing assets. This engagement aligns with HUD's broader mission of preserving affordable housing and maintaining the quality of federally-supported housing inventory. Raine & Company has successfully executed multiple delivery orders across various asset management geographic areas, with the AM Bridge Contract structure enabling HUD to efficiently procure specialized asset management services on an as-needed basis.
Quick answers
Who was awarded contract 86616023F00011?
86616023F00011 was awarded to Raine & Company, LLC by Atlanta Operations Branch (Department of Housing and Urban Development) on February 24, 2023.
How much is contract 86616023F00011 worth?
The government has obligated $562,798 on 86616023F00011.
Which agency awarded contract 86616023F00011?
Atlanta Operations Branch (Department of Housing and Urban Development) awarded 86616023F00011, with funding from Assistant Secretary for Housing Federal Housing Commissioner (Department of Housing and Urban Development).
Is contract 86616023F00011 an order under another contract?
Yes. 86616023F00011 is a delivery order under 86616022D00013, an indefinite delivery contract.
Was contract 86616023F00011 competed?
The extent of competition for 86616023F00011 was not competed.
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