Asset management area 3P
Ended Awarded Last action
- Contract number
- 86616023F00024
- Awardee
-
Raine & Company, LLC UEI WNCDANULC217
- Awarding agency
-
Atlanta Operations Branch
Department of Housing and Urban Development
- Obligated
- $577,150
Award facts
- Contract value 100% obligated
- $577,150.11 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 | -$125,625 | |
| Original award | $702,775 |
About this award
The U.S. Department of Housing and Urban Development's Assistant Secretary for Housing Federal Housing Commissioner awarded a $577,150.11 firm fixed-price delivery order to Raine & Company, LLC for Asset Management Area 3P services. The contract, awarded on September 1, 2023, with an ultimate completion date of February 29, 2024, was executed without a set-aside designation, reflecting the contractor's competitive capabilities in the federal marketplace. Raine & Company, a minority-owned, woman-owned, and economically disadvantaged small business based in Atlanta, Georgia, will provide comprehensive asset management services for HUD's multifamily housing portfolio, including financial reporting, regulatory compliance monitoring, property inspections, budgeting, and disposition assistance for federally-owned and subsidized housing assets.
This delivery order represents one of multiple task orders issued under Raine & Company's larger Indefinite Delivery Contract with HUD covering the 3P asset management area, which allows the agency to efficiently procure services across various geographic regions. The firm has established itself as a strategic partner to HUD through consistent delivery of asset management services that support the agency's mission of preserving affordable housing and maintaining the quality of federally-supported housing inventory. The Atlanta, Georgia-based contractor's work in this area directly contributes to HUD's broader objectives of expanding homeownership opportunities and sustaining the nation's affordable housing stock.
Quick answers
Who was awarded contract 86616023F00024?
86616023F00024 was awarded to Raine & Company, LLC by Atlanta Operations Branch (Department of Housing and Urban Development) on September 1, 2023.
How much is contract 86616023F00024 worth?
The government has obligated $577,150 on 86616023F00024.
Which agency awarded contract 86616023F00024?
Atlanta Operations Branch (Department of Housing and Urban Development) awarded 86616023F00024, with funding from Assistant Secretary for Housing Federal Housing Commissioner (Department of Housing and Urban Development).
Is contract 86616023F00024 an order under another contract?
Yes. 86616023F00024 is a delivery order under 86616022D00013, an indefinite delivery contract.
Was contract 86616023F00024 competed?
The extent of competition for 86616023F00024 was not competed.
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