Asset management services area 5A

Ended Awarded Last action

Contract number
86616023F00016
Awardee
Awarding agency
Obligated
$247,776

Award facts

Contract value 100% obligated
$247,776.03 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 -$257,045
Original award $504,821

About this award

The U.S. Department of Housing and Urban Development's Assistant Secretary for Housing Federal Housing Commissioner awarded a delivery order valued at $247,776.03 to Raine & Company, LLC for Asset Management Services in Area 5A on March 1, 2023. This firm fixed-price delivery order, which was completed by August 31, 2023, was issued without a set-aside designation, reflecting the contractor's competitive standing in the federal marketplace. Raine & Company is a minority-owned, self-certified small disadvantaged business based in Atlanta, Georgia, and specializes in comprehensive asset management services for HUD's multifamily housing portfolios.

The delivery order represents one of multiple awards issued to Raine & Company under the AM Bridge Contract, an indefinite delivery vehicle designed to enable HUD to efficiently procure asset management services across various geographic regions. As a woman-owned, Black American-owned, and economically disadvantaged women small-owned business, Raine & Company has established itself as a strategic partner for HUD, providing services including financial reporting, regulatory compliance monitoring, property inspections, budgeting, and disposition assistance for federally-owned and subsidized housing assets. The company's work under this contract supports HUD's mission of preserving affordable housing and maintaining the quality of the federally-supported housing inventory.

Quick answers

Who was awarded contract 86616023F00016?

86616023F00016 was awarded to Raine & Company, LLC by Atlanta Operations Branch (Department of Housing and Urban Development) on March 1, 2023.

How much is contract 86616023F00016 worth?

The government has obligated $247,776 on 86616023F00016.

Which agency awarded contract 86616023F00016?

Atlanta Operations Branch (Department of Housing and Urban Development) awarded 86616023F00016, with funding from Assistant Secretary for Housing Federal Housing Commissioner (Department of Housing and Urban Development).

Is contract 86616023F00016 an order under another contract?

Yes. 86616023F00016 is a delivery order under 86616022D00013, an indefinite delivery contract.

Was contract 86616023F00016 competed?

The extent of competition for 86616023F00016 was not competed.

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