Asset management services area 2D
Ended Awarded Last action
- Contract number
- 86616024F00031
- Awardee
-
Raine & Company, LLC UEI WNCDANULC217
- Awarding agency
-
Atlanta Operations Branch
Department of Housing and Urban Development
- Obligated
- $563,706
Award facts
- Contract value 100% obligated
- $563,705.60 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 | -$1,197,251 | |
| Original award | $1,760,957 |
About this award
The U.S. Department of Housing and Urban Development's Assistant Secretary for Housing Federal Housing Commissioner awarded a firm fixed-price delivery order valued at $563,705.60 to Raine & Company, LLC, a minority-owned small disadvantaged business based in Atlanta, Georgia. This delivery order, issued on September 1, 2024, with completion targeted for February 28, 2025, falls under the Asset Management Services Area 2D task order contract and was awarded without a set-aside designation. The work will be performed in Atlanta, Georgia, and represents one of numerous delivery orders the company has received under its larger indefinite delivery contract vehicle with HUD.
Raine & Company will provide comprehensive asset management services supporting HUD's multifamily housing portfolio, including activities such as 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 business, Raine & Company has demonstrated sustained competitive capability in the federal marketplace, having secured multiple significant indefinite delivery contracts with HUD with ceiling values ranging from $2.5 million to $39.4 million across various geographic asset management areas. This delivery order contributes to HUD's broader mission of preserving affordable housing and maintaining the quality of the federally-supported housing inventory.
Quick answers
Who was awarded contract 86616024F00031?
86616024F00031 was awarded to Raine & Company, LLC by Atlanta Operations Branch (Department of Housing and Urban Development) on September 1, 2024.
How much is contract 86616024F00031 worth?
The government has obligated $563,706 on 86616024F00031.
Which agency awarded contract 86616024F00031?
Atlanta Operations Branch (Department of Housing and Urban Development) awarded 86616024F00031, with funding from Assistant Secretary for Housing Federal Housing Commissioner (Department of Housing and Urban Development).
Is contract 86616024F00031 an order under another contract?
Yes. 86616024F00031 is a delivery order under 86616024D00004, an indefinite delivery contract.
Was contract 86616024F00031 competed?
The extent of competition for 86616024F00031 was not competed.
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