Asset management service area 5P

Ended Awarded Last action

Contract number
86616023F00013
Awardee
Awarding agency
Obligated
$4,151,872

Award facts

Contract value 100% obligated
$4,151,872.00 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
Other Administrative Action P00001 $0
Original award $4,151,872

About this award

This contract was awarded by the U.S. Department of Housing and Urban Development (HUD) to Raine & Company, LLC, a minority-owned, self-certified small disadvantaged business based in Atlanta, Georgia. The $4,151,872.00 firm-fixed-price delivery order contract is for asset management services in HUD's Asset Management Service Area 5P, which covers the Atlanta, Georgia region.

Raine & Company has an extensive history of providing asset management services to HUD, including financial reporting, regulatory compliance monitoring, property inspections, budgeting, and disposition assistance for federally-owned and subsidized housing assets. This delivery order is part of a larger $39.4 million indefinite delivery contract (IDC) that has enabled 19 delivery orders totaling $15.3 million from 2023-2024 for Raine & Company to manage HUD's real estate portfolio in Atlanta. The contract does not have a set-aside designation.

Quick answers

Who was awarded contract 86616023F00013?

86616023F00013 was awarded to Raine & Company, LLC by Atlanta Operations Branch (Department of Housing and Urban Development) on March 1, 2023.

How much is contract 86616023F00013 worth?

The government has obligated $4,151,872 on 86616023F00013.

Which agency awarded contract 86616023F00013?

Atlanta Operations Branch (Department of Housing and Urban Development) awarded 86616023F00013, with funding from Assistant Secretary for Housing Federal Housing Commissioner (Department of Housing and Urban Development).

Is contract 86616023F00013 an order under another contract?

Yes. 86616023F00013 is a delivery order under 86616022D00013, an indefinite delivery contract.

Was contract 86616023F00013 competed?

The extent of competition for 86616023F00013 was not competed.

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