Asset management services area 4A

Ended Awarded Last action

Contract number
86616024F00014
Awardee
Awarding agency
Obligated
$842,840

Award facts

Opportunity
  • 86616024R00008 Solicitation number
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

This federal contract award is for asset management services to the U.S. Department of Housing and Urban Development (HUD) in the Atlanta, GA metropolitan area. The prime contractor is Raine & Company, LLC, a minority-owned, self-certified small disadvantaged business based in Atlanta. The contract has a ceiling value of $842,840.00 and was awarded on March 1, 2024 as a firm fixed price delivery order. Raine & Company provides comprehensive asset management services to support HUD's mission of preserving quality affordable housing, including financial reporting, compliance monitoring, property inspections, and disposition assistance for federally-owned and subsidized multifamily housing assets. This contract is part of a larger indefinite delivery contract (IDC) held by Raine & Company, valued at $39.4 million, that covers multiple geographic areas designated by HUD in the Atlanta region through August 2024. The contract does not have a set-aside designation.

Quick answers

Who was awarded contract 86616024F00014?

86616024F00014 was awarded to Raine & Company, LLC by Atlanta Operations Branch (Department of Housing and Urban Development) on March 1, 2024.

How much is contract 86616024F00014 worth?

The government has obligated $842,840 on 86616024F00014.

Which agency awarded contract 86616024F00014?

Atlanta Operations Branch (Department of Housing and Urban Development) awarded 86616024F00014, with funding from Assistant Secretary for Housing Federal Housing Commissioner (Department of Housing and Urban Development).

Is contract 86616024F00014 an order under another contract?

Yes. 86616024F00014 is a delivery order under 86616024D00004, an indefinite delivery contract.

Was contract 86616024F00014 competed?

The extent of competition for 86616024F00014 was not competed.

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