Asset management services - 5D
Ended Awarded Last action
- Contract number
- 86616024F00027
- Awardee
-
Raine & Company, LLC UEI WNCDANULC217
- Awarding agency
-
Atlanta Operations Branch
Department of Housing and Urban Development
- Obligated
- $103,820
Award facts
- Contract value 100% obligated
- $103,819.56 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 | -$424,746 | |
| Original award | $528,566 |
About this award
The U.S. Department of Housing and Urban Development (HUD), through the Assistant Secretary for Housing Federal Housing Commissioner, awarded a delivery order valued at $103,819.56 to Raine & Company, LLC for asset management services under the AM Bridge 5D Task Order program. This firm fixed-price delivery order, which carries no set-aside designation, is scheduled for completion by February 28, 2025, with performance to be executed in Atlanta, Georgia. Raine & Company is a minority-owned, self-certified small disadvantaged business and women-owned business that has established itself as a strategic partner to HUD, providing comprehensive asset management services to support the agency's multifamily housing portfolio management mission.
Raine & Company will deliver asset management services that typically encompass financial reporting, regulatory compliance monitoring, property inspections, budgeting, and disposition assistance for federally-owned and subsidized housing assets. The company has demonstrated competitive capability through prior delivery orders across multiple asset management areas and has secured substantial Indefinite Delivery Contracts with HUD ranging from $2.5 million to $39.4 million. This engagement supports HUD's overarching mission of preserving affordable housing and maintaining the quality of federally-supported housing inventory across the nation.
Quick answers
Who was awarded contract 86616024F00027?
86616024F00027 was awarded to Raine & Company, LLC by Atlanta Operations Branch (Department of Housing and Urban Development) on September 1, 2024.
How much is contract 86616024F00027 worth?
The government has obligated $103,820 on 86616024F00027.
Which agency awarded contract 86616024F00027?
Atlanta Operations Branch (Department of Housing and Urban Development) awarded 86616024F00027, with funding from Assistant Secretary for Housing Federal Housing Commissioner (Department of Housing and Urban Development).
Is contract 86616024F00027 an order under another contract?
Yes. 86616024F00027 is a delivery order under 86616024D00004, an indefinite delivery contract.
Was contract 86616024F00027 competed?
The extent of competition for 86616024F00027 was not competed.
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