Area 8A asset management services
Ended Awarded Last action
- Contract number
- 86616024F00010
- Awardee
-
Raine & Company, LLC UEI WNCDANULC217
- Awarding agency
-
Atlanta Operations Branch
Department of Housing and Urban Development
- Obligated
- $550,584
Award facts
- Contract value 100% obligated
- $550,583.83 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 | -$839,155 | |
| Original award | $1,389,739 |
About this award
The U.S. Department of Housing and Urban Development, through the Assistant Secretary for Housing Federal Housing Commissioner, awarded a delivery order valued at $550,583.83 to Raine & Company, LLC for asset management services covering Area 8A and multiple other designated asset management regions. The contract, awarded on March 1, 2024, with performance completion by August 31, 2024, was issued under a firm fixed-price delivery order structure without set-aside designation, reflecting the contractor's competitive standing in the federal marketplace. Raine & Company, a minority-owned, self-certified small disadvantaged business and woman-owned business based in Atlanta, Georgia, will perform the services at their Atlanta, GA location.
Raine & Company brings substantial experience in HUD asset management, having secured multiple indefinite delivery contracts with ceiling values ranging from $2.5 million to $39.4 million across various geographic regions and asset management areas. The company provides comprehensive asset management services including financial reporting, regulatory compliance monitoring, property inspections, budgeting, and disposition assistance for federally-owned and subsidized housing assets. This delivery order supports HUD's mission of preserving affordable housing and maintaining the quality of the federal housing portfolio, leveraging the contractor's established capabilities in multifamily housing asset management across the Atlanta metropolitan region and surrounding areas.
Quick answers
Who was awarded contract 86616024F00010?
86616024F00010 was awarded to Raine & Company, LLC by Atlanta Operations Branch (Department of Housing and Urban Development) on March 1, 2024.
How much is contract 86616024F00010 worth?
The government has obligated $550,584 on 86616024F00010.
Which agency awarded contract 86616024F00010?
Atlanta Operations Branch (Department of Housing and Urban Development) awarded 86616024F00010, with funding from Assistant Secretary for Housing Federal Housing Commissioner (Department of Housing and Urban Development).
Is contract 86616024F00010 an order under another contract?
Yes. 86616024F00010 is a delivery order under 86616024D00004, an indefinite delivery contract.
Was contract 86616024F00010 competed?
The extent of competition for 86616024F00010 was not competed.
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