Asset management services area 2D
Ended Awarded Last action
- Contract number
- 86616024F00016
- Awardee
-
Raine & Company, LLC UEI WNCDANULC217
- Awarding agency
-
Atlanta Operations Branch
Department of Housing and Urban Development
- Obligated
- $484,175
Award facts
- Opportunity
-
- 86616024R00008 Solicitation number
- Contract value 100% obligated
- $484,174.61 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 | -$1,276,782 | |
| Original award | $1,760,957 |
About this award
The U.S. Department of Housing and Urban Development's Assistant Secretary for Housing awarded a delivery order valued at $484,174.61 to Raine & Company, LLC on March 1, 2024, for Asset Management Services in Area 2D. This firm fixed-price delivery order, which is not subject to any set-aside designation, is scheduled for completion by August 31, 2024, and will be performed in Atlanta, Georgia. Raine & Company, a minority-owned, woman-owned small business certified as economically disadvantaged, serves as the prime contractor on this engagement with no identified major subcontractors.
This delivery order represents another engagement under HUD's broader asset management services framework, through which Raine & Company provides comprehensive portfolio management support including financial reporting, regulatory compliance monitoring, property inspections, budgeting, and disposition assistance for federally-owned and subsidized multifamily housing assets. The company has established itself as a strategic partner to HUD, having been awarded multiple indefinite delivery contracts with ceiling values ranging from $2.5 million to $39.4 million across various geographic asset management areas. This particular task order supports HUD's mission to preserve affordable housing inventory and maintain the quality of federally-supported housing assets within its assigned service area.
Quick answers
Who was awarded contract 86616024F00016?
86616024F00016 was awarded to Raine & Company, LLC by Atlanta Operations Branch (Department of Housing and Urban Development) on March 1, 2024.
How much is contract 86616024F00016 worth?
The government has obligated $484,175 on 86616024F00016.
Which agency awarded contract 86616024F00016?
Atlanta Operations Branch (Department of Housing and Urban Development) awarded 86616024F00016, with funding from Assistant Secretary for Housing Federal Housing Commissioner (Department of Housing and Urban Development).
Is contract 86616024F00016 an order under another contract?
Yes. 86616024F00016 is a delivery order under 86616024D00004, an indefinite delivery contract.
Was contract 86616024F00016 competed?
The extent of competition for 86616024F00016 was not competed.
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