Asset management services - area 1D

Ended Awarded Last action

Contract number
86616023F00012
Awardee
Awarding agency
Obligated
$313,804

Award facts

Contract value 100% obligated
$313,804.27 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 P00001 -$405,177
Original award $718,981

About this award

This is a delivery order contract awarded by the U.S. Department of Housing and Urban Development (HUD) to Raine & Company, LLC, a minority-owned, self-certified small disadvantaged business located in Atlanta, Georgia. The contract, valued at $313,804.27, is for asset management services in HUD's Area 1D and is a part of a larger bridge contract major program. The contract does not have a set-aside designation. Raine & Company, LLC specializes in providing comprehensive asset management services for HUD, including financial reporting, regulatory compliance monitoring, property inspections, budgeting, and disposition assistance for federally-owned and subsidized housing assets, particularly multifamily housing portfolios. The company holds multiple significant Indefinite Delivery Contracts (IDCs) with HUD, allowing the agency to efficiently procure asset management services across diverse geographic regions through firm fixed-price delivery orders.

Quick answers

Who was awarded contract 86616023F00012?

86616023F00012 was awarded to Raine & Company, LLC by Atlanta Operations Branch (Department of Housing and Urban Development) on March 1, 2023.

How much is contract 86616023F00012 worth?

The government has obligated $313,804 on 86616023F00012.

Which agency awarded contract 86616023F00012?

Atlanta Operations Branch (Department of Housing and Urban Development) awarded 86616023F00012, with funding from Assistant Secretary for Housing Federal Housing Commissioner (Department of Housing and Urban Development).

Is contract 86616023F00012 an order under another contract?

Yes. 86616023F00012 is a delivery order under 86616022D00013, an indefinite delivery contract.

Was contract 86616023F00012 competed?

The extent of competition for 86616023F00012 was not competed.

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