Asset management services area 5A

Ended Awarded Last action

Contract number
86614524F00055
Awardee
Awarding agency
Obligated
$674,962

Award facts

Contract value 100% obligated
$674,962.00 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

This federal contract award is for asset management services to the U.S. Department of Housing and Urban Development (HUD) by Raine & Company, LLC, a minority-owned, self-certified small disadvantaged business located in Atlanta, Georgia. The award, valued at $674,962.00, is a delivery order contract with a firm fixed price pricing type. The contract has no set-aside designation and will run through February 28, 2025.

Raine & Company holds multiple indefinite delivery contracts (IDCs) with HUD, serving as the prime contractor for asset management services covering various geographic areas designated by HUD, such as Areas 1D, 2D, 3P, 4A, 4D, 5A, 5D, 5P, 6A, and 8A. The company's work supports HUD's mission of preserving quality affordable housing stock and expanding homeownership opportunities. Under these IDCs, Raine & Company has received numerous delivery orders ranging from $15,000 to over $4 million.

Quick answers

Who was awarded contract 86614524F00055?

86614524F00055 was awarded to Raine & Company, LLC by Atlanta Operations Branch (Department of Housing and Urban Development) on September 1, 2024.

How much is contract 86614524F00055 worth?

The government has obligated $674,962 on 86614524F00055.

Which agency awarded contract 86614524F00055?

Atlanta Operations Branch (Department of Housing and Urban Development) awarded 86614524F00055, with funding from Assistant Secretary for Housing Federal Housing Commissioner (Department of Housing and Urban Development).

Is contract 86614524F00055 an order under another contract?

Yes. 86614524F00055 is a delivery order under 86616024D00004, an indefinite delivery contract.

Was contract 86614524F00055 competed?

The extent of competition for 86614524F00055 was not competed.

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