Asset management services area 4P
Ended Awarded Last action
- Contract number
- 86616024F00040
- Awardee
-
Raine & Company, LLC UEI WNCDANULC217
- Awarding agency
-
Atlanta Operations Branch
Department of Housing and Urban Development
- Obligated
- $147,114
Award facts
- Contract value 100% obligated
- $147,114.24 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 | -$494,649 | |
| Original award | $641,763 |
About this award
The U.S. Department of Housing and Urban Development's Assistant Secretary for Housing and Federal Housing Commissioner awarded a delivery order valued at $147,114.24 to Raine & Company, LLC for Asset Management Services Area 4P, with performance in Atlanta, Georgia. The contract, awarded on September 1, 2024, with a completion date of February 28, 2025, is structured as a firm fixed-price delivery order under a larger Indefinite Delivery Contract vehicle. No set-aside designation was applied to this award, reflecting the contractor's competitive standing in the federal marketplace. Raine & Company, a minority-owned, woman-owned small disadvantaged business based in Atlanta, provides comprehensive asset management services to HUD including financial reporting, regulatory compliance monitoring, property inspections, budgeting, and disposition assistance for federally-owned and subsidized housing assets.
Raine & Company has established a strong track record as a strategic partner for HUD, having been awarded numerous delivery orders across multiple asset management geographic areas with contract values ranging from $15,000 to over $4 million. The company maintains multiple Indefinite Delivery Contracts with HUD with ceiling values between $2.5 million and $39.4 million, enabling efficient procurement of asset management services across various regions. These contracts directly support HUD's mission of preserving affordable housing stock and maintaining the quality of federally-supported housing inventory nationwide. The company's registration in SAM.gov since 2009 and consistent selection without set-aside designations demonstrate its competitive capabilities in HUD's asset management procurement environment.
Quick answers
Who was awarded contract 86616024F00040?
86616024F00040 was awarded to Raine & Company, LLC by Atlanta Operations Branch (Department of Housing and Urban Development) on September 1, 2024.
How much is contract 86616024F00040 worth?
The government has obligated $147,114 on 86616024F00040.
Which agency awarded contract 86616024F00040?
Atlanta Operations Branch (Department of Housing and Urban Development) awarded 86616024F00040, with funding from Assistant Secretary for Housing Federal Housing Commissioner (Department of Housing and Urban Development).
Is contract 86616024F00040 an order under another contract?
Yes. 86616024F00040 is a delivery order under 86616024D00004, an indefinite delivery contract.
Was contract 86616024F00040 competed?
The extent of competition for 86616024F00040 was not competed.
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