Asset management services area 5A
Ended Awarded Last action
- Contract number
- 86616024F00013
- Awardee
-
Raine & Company, LLC UEI WNCDANULC217
- Awarding agency
-
Atlanta Operations Branch
Department of Housing and Urban Development
- Obligated
- $159,430
Award facts
- Contract value 100% obligated
- $159,429.87 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 | -$515,532 | |
| Original award | $674,962 |
About this award
The U.S. Department of Housing and Urban Development's Assistant Secretary for Housing awarded a delivery order to Raine & Company, LLC for Asset Management Services in Area 5A. This firm fixed-price delivery order, valued at approximately $159,430, was issued on March 1, 2024, with an ultimate completion date of August 31, 2024. The work will be performed in Atlanta, Georgia. No set-aside designation was used for this award, indicating that the contract was awarded on a competitive basis. Raine & Company is a minority-owned, self-certified small disadvantaged business based in Atlanta that specializes in comprehensive asset management services for HUD's multifamily housing portfolios.
Raine & Company has established itself as a strategic partner to HUD through numerous delivery orders across multiple asset management areas. The company's asset management services typically include financial reporting, regulatory compliance monitoring, property inspections, budgeting, and disposition assistance for federally-owned and subsidized housing assets. As a woman-owned, Black American-owned, and economically disadvantaged women small-owned business, Raine & Company has consistently demonstrated competitive capabilities in the federal marketplace, supporting HUD's mission of preserving affordable housing and maintaining the quality of federally-supported housing inventory. The company holds multiple Indefinite Delivery Contracts with HUD with ceiling values ranging from $2.5 million to $39.4 million across various geographic regions.
Quick answers
Who was awarded contract 86616024F00013?
86616024F00013 was awarded to Raine & Company, LLC by Atlanta Operations Branch (Department of Housing and Urban Development) on March 1, 2024.
How much is contract 86616024F00013 worth?
The government has obligated $159,430 on 86616024F00013.
Which agency awarded contract 86616024F00013?
Atlanta Operations Branch (Department of Housing and Urban Development) awarded 86616024F00013, with funding from Assistant Secretary for Housing Federal Housing Commissioner (Department of Housing and Urban Development).
Is contract 86616024F00013 an order under another contract?
Yes. 86616024F00013 is a delivery order under 86616024D00004, an indefinite delivery contract.
Was contract 86616024F00013 competed?
The extent of competition for 86616024F00013 was not competed.
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