Asset management services area 4A

Ended Awarded Last action

Contract number
86614524F00054
Awardee
Awarding agency
Obligated
$842,840

Award facts

Contract value 100% obligated
$842,840.00 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
NAICS code
531390 Other Activities Related to Real Estate
PSC
R402 Support- Professional: Real Estate Brokerage
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.

About this award

The U.S. Department of Housing and Urban Development (HUD) awarded a firm fixed price delivery order valued at $842,840.00 to Raine & Company, LLC, a minority-owned, self-certified small disadvantaged business based in Atlanta, Georgia. The delivery order is part of a larger indefinite delivery contract (IDC) awarded to Raine & Company in March 2024, with a ceiling value of $39.4 million, to provide asset management services for HUD's real estate portfolio primarily in the Atlanta metropolitan area.

Under this contract, Raine & Company delivers comprehensive asset management services to support HUD's mission of preserving quality affordable housing stock and expanding homeownership opportunities. These services include financial reporting, regulatory compliance monitoring, property inspections, budgeting, and disposition assistance for federally-owned and subsidized housing assets. The delivery order awarded on September 1, 2024, has a period of performance through February 28, 2025 and is not subject to any set-aside requirements.

Quick answers

Who was awarded contract 86614524F00054?

86614524F00054 was awarded to Raine & Company, LLC by Atlanta Operations Branch (Department of Housing and Urban Development) on September 1, 2024.

How much is contract 86614524F00054 worth?

The government has obligated $842,840 on 86614524F00054.

Which agency awarded contract 86614524F00054?

Atlanta Operations Branch (Department of Housing and Urban Development) awarded 86614524F00054, with funding from Assistant Secretary for Housing Federal Housing Commissioner (Department of Housing and Urban Development).

Is contract 86614524F00054 an order under another contract?

Yes. 86614524F00054 is a delivery order under 86616024D00004, an indefinite delivery contract.

Was contract 86614524F00054 competed?

The extent of competition for 86614524F00054 was not competed.

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