Asset management services
Ended Awarded
- Contract number
- 86616024F00050
- Awardee
-
Raine & Company, LLC UEI WNCDANULC217
- Awarding agency
-
Atlanta Operations Branch
Department of Housing and Urban Development
- Obligated
- $1,701,042
Award facts
- Contract value 100% obligated
- $1,701,042.00 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
- Full and Open Competition after exclusion of sources Negotiated Proposal / Quote
- Pricing
- Firm Fixed Price
- Place of performance
- Atlanta, GA 30305, USA
- Legislative mandates
-
- Walsh-Healey Public Contracts Act FAR subpart 22.6
- Service Contract Act FAR subpart 22.10
- Employment Eligibility Verification (E-Verify) FAR subpart 22.18
- Service Contract Inventory FAR subpart 4.17
Award details come from SAM.gov/FPDS.
About this award
This is a $1,701,042.00 firm fixed price delivery order awarded by the U.S. Department of Housing and Urban Development (HUD) to Raine & Company, LLC, a minority-owned, self-certified small disadvantaged business based in Atlanta, Georgia. The contract provides asset management services to support HUD's mission of preserving quality affordable housing and expanding homeownership opportunities.
Raine & Company's services under this delivery order include financial reporting, regulatory compliance monitoring, property inspections, budgeting, and disposition assistance for HUD's multifamily housing portfolio, primarily in the Atlanta metropolitan area. This award is part of Raine & Company's existing Indefinite Delivery Contracts (IDCs) with HUD, which have ceiling values ranging from $2.5 million to $39.4 million and cover various geographic regions and programs. The company's work under these IDCs and delivery orders helps ensure HUD's real estate assets remain an affordable housing resource for residents.
Quick answers
Who was awarded contract 86616024F00050?
86616024F00050 was awarded to Raine & Company, LLC by Atlanta Operations Branch (Department of Housing and Urban Development) on September 30, 2024.
How much is contract 86616024F00050 worth?
The government has obligated $1,701,042 on 86616024F00050.
Which agency awarded contract 86616024F00050?
Atlanta Operations Branch (Department of Housing and Urban Development) awarded 86616024F00050, with funding from Assistant Secretary for Housing Federal Housing Commissioner (Department of Housing and Urban Development).
Is contract 86616024F00050 an order under another contract?
Yes. 86616024F00050 is a delivery order under 86616024D00009, an indefinite delivery contract.
Was contract 86616024F00050 competed?
The extent of competition for 86616024F00050 was full and open competition after exclusion of sources.
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