Asset management services

Ended Awarded Last action

Contract number
86616024F00048
Awardee
Awarding agency
Obligated
$3,463,135

Award facts

Contract value 100% obligated
$3,463,135.20 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
Set-aside
No set-aside
Competition
Full and Open Competition after exclusion of sources Negotiated Proposal / Quote
Pricing
Firm Fixed Price
Place of performance
Atlanta, GA 30305, USA
Legislative mandates

Award details come from SAM.gov/FPDS.

Transactions

Action Obligated Date
Other Administrative Action P00001 · Asset management services 5A/8A $0
Original award $3,463,135

About this award

Raine & Company, LLC, a minority-owned, self-certified small disadvantaged business based in Atlanta, Georgia, was awarded a $3,463,135.20 firm fixed price delivery order contract by the U.S. Department of Housing and Urban Development (HUD) for asset management services. This contract, which has a completion date of September 29, 2025, is part of HUD's Asset Management Services portfolio and covers designated areas such as Areas 1D, 2D, 3P, 4A, 4D, 5A, 5D, 5P, 6A, and 8A. Raine & Company's services under this contract include financial reporting, regulatory compliance monitoring, property inspections, budgeting, and disposition assistance for HUD's multifamily housing assets in the Atlanta metropolitan area. This delivery order is one of several Indefinite Delivery Contracts (IDCs) that Raine & Company holds with HUD, with ceiling values ranging from $2.5 million to $39.4 million, enabling the agency to efficiently procure the company's expertise across various geographic areas and programs.

Quick answers

Who was awarded contract 86616024F00048?

86616024F00048 was awarded to Raine & Company, LLC by Atlanta Operations Branch (Department of Housing and Urban Development) on September 30, 2024.

How much is contract 86616024F00048 worth?

The government has obligated $3,463,135 on 86616024F00048.

Which agency awarded contract 86616024F00048?

Atlanta Operations Branch (Department of Housing and Urban Development) awarded 86616024F00048, with funding from Assistant Secretary for Housing Federal Housing Commissioner (Department of Housing and Urban Development).

Is contract 86616024F00048 an order under another contract?

Yes. 86616024F00048 is a delivery order under 86616024D00007, an indefinite delivery contract.

Was contract 86616024F00048 competed?

The extent of competition for 86616024F00048 was full and open competition after exclusion of sources.

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