Asset management area 4P
Ended Awarded Last action
- Contract number
- 86616024F00005
- Awardee
-
Raine & Company, LLC UEI WNCDANULC217
- Awarding agency
-
Atlanta Operations Branch
Department of Housing and Urban Development
- Obligated
- $240,028
Award facts
- Contract value 100% obligated
- $240,028.08 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 | -$401,735 | |
| Original award | $641,763 |
About this award
Raine & Company, LLC, a minority-owned small disadvantaged business based in Atlanta, Georgia, was awarded a $240,028 firm fixed-price delivery order by the U.S. Department of Housing and Urban Development's Office of the Assistant Secretary for Housing Federal Housing Commissioner on March 1, 2024. This delivery order, designated as the AM Bridge 4P Task Order under the Asset Management Area 4P program, is set to be completed by August 31, 2024, with performance taking place in Atlanta, Georgia. The contract was awarded without a set-aside designation, demonstrating Raine & Company's competitive standing in the federal marketplace.
This delivery order falls under HUD's broader asset management services program, through which Raine & Company has consistently provided comprehensive support for the agency's multifamily housing portfolios. The company specializes in asset management services including financial reporting, regulatory compliance monitoring, property inspections, budgeting, and disposition assistance for federally-owned and subsidized housing assets. As a woman-owned and Black American-owned business with established expertise across multiple HUD asset management regions, Raine & Company has been awarded numerous delivery orders and multiple Indefinite Delivery Contracts with ceiling values ranging up to $39.4 million, underscoring its strategic role in supporting HUD's mission of preserving affordable housing inventory.
Quick answers
Who was awarded contract 86616024F00005?
86616024F00005 was awarded to Raine & Company, LLC by Atlanta Operations Branch (Department of Housing and Urban Development) on March 1, 2024.
How much is contract 86616024F00005 worth?
The government has obligated $240,028 on 86616024F00005.
Which agency awarded contract 86616024F00005?
Atlanta Operations Branch (Department of Housing and Urban Development) awarded 86616024F00005, with funding from Assistant Secretary for Housing Federal Housing Commissioner (Department of Housing and Urban Development).
Is contract 86616024F00005 an order under another contract?
Yes. 86616024F00005 is a delivery order under 86616024D00004, an indefinite delivery contract.
Was contract 86616024F00005 competed?
The extent of competition for 86616024F00005 was not competed.
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