Delivery Order 86616022D00013-86616023F00035

Ended Awarded Last action

Contract number
86616023F00035
Awardee
Awarding agency
Obligated
$353,334

Award facts

Contract value 100% obligated
$353,334.13 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 -$219,901
Original award Area 5A asset management services $573,235

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 $353,334.13 to Raine & Company, LLC on September 1, 2023, for Area 5A Asset Management Services. The contract, which was not set aside and carries a firm fixed-price structure, is scheduled for completion by February 29, 2024, with performance taking place in Atlanta, Georgia. Raine & Company is a minority-owned, self-certified small disadvantaged business and women-owned enterprise that specializes in providing comprehensive 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 issued under one of Raine & Company's existing Indefinite Delivery Contracts with HUD, which allow the agency to procure asset management services across multiple geographic regions through competitively awarded delivery orders. The contractor has demonstrated significant federal contracting experience, having been awarded numerous delivery orders and IDCs with ceiling values ranging from millions to tens of millions of dollars across various HUD asset management areas. The company's expertise in managing multifamily housing portfolios directly supports HUD's mission of preserving affordable housing and maintaining the quality of the federal housing inventory, particularly in the Southeast region.

Quick answers

Who was awarded contract 86616023F00035?

86616023F00035 was awarded to Raine & Company, LLC by Atlanta Operations Branch (Department of Housing and Urban Development) on September 1, 2023.

How much is contract 86616023F00035 worth?

The government has obligated $353,334 on 86616023F00035.

Which agency awarded contract 86616023F00035?

Atlanta Operations Branch (Department of Housing and Urban Development) awarded 86616023F00035, with funding from Assistant Secretary for Housing Federal Housing Commissioner (Department of Housing and Urban Development).

Is contract 86616023F00035 an order under another contract?

Yes. 86616023F00035 is a delivery order under 86616022D00013, an indefinite delivery contract.

Was contract 86616023F00035 competed?

The extent of competition for 86616023F00035 was not competed.

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