Asset management services area 1D
Ended Awarded Last action
- Contract number
- 86616024F00015
- Awardee
-
Raine & Company, LLC UEI WNCDANULC217
- Awarding agency
-
Atlanta Operations Branch
Department of Housing and Urban Development
- Obligated
- $289,381
Award facts
- Opportunity
-
- 86616024R00008 Solicitation number
- Contract value 100% obligated
- $289,381.02 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 | -$731,839 | |
| Original award | $1,021,220 |
About this award
The U.S. Department of Housing and Urban Development's Assistant Secretary for Housing Federal Housing Commissioner awarded a $289,381.02 firm fixed-price delivery order to Raine & Company, LLC for Asset Management Services Area 1D. The contract, awarded on March 1, 2024, with a completion date of August 31, 2024, represents a task order issued under a larger Indefinite Delivery Contract vehicle. No set-aside designation was applied to this award, indicating the contractor competed on a fully open basis. Raine & Company, a minority-owned, woman-owned small disadvantaged business based in Atlanta, Georgia, will perform the work at its Atlanta location.
Raine & Company will deliver comprehensive asset management services supporting HUD's multifamily housing portfolio management mission, which may include financial reporting, regulatory compliance monitoring, property inspections, budgeting, and disposition assistance for federally-owned and subsidized housing assets. The contractor has established itself as a strategic partner to HUD through multiple delivery orders across various geographic asset management areas, with IDC ceiling values ranging from $2.5 million to $39.4 million. This delivery order represents part of HUD's broader effort to preserve affordable housing inventory and maintain the quality of federally-supported housing assets across the nation.
Quick answers
Who was awarded contract 86616024F00015?
86616024F00015 was awarded to Raine & Company, LLC by Atlanta Operations Branch (Department of Housing and Urban Development) on March 1, 2024.
How much is contract 86616024F00015 worth?
The government has obligated $289,381 on 86616024F00015.
Which agency awarded contract 86616024F00015?
Atlanta Operations Branch (Department of Housing and Urban Development) awarded 86616024F00015, with funding from Assistant Secretary for Housing Federal Housing Commissioner (Department of Housing and Urban Development).
Is contract 86616024F00015 an order under another contract?
Yes. 86616024F00015 is a delivery order under 86616024D00004, an indefinite delivery contract.
Was contract 86616024F00015 competed?
The extent of competition for 86616024F00015 was not competed.
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