Area 4D/5D asset management services contract award
Ended Awarded Last action
- Contract number
- 86616024F00053
- Awardee
-
Raine & Company, LLC UEI WNCDANULC217
- Awarding agency
-
Atlanta Operations Branch
Department of Housing and Urban Development
- Obligated
- $3,188,533
Award facts
- Contract value 100% obligated
- $3,188,533.20 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
- 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 30315, 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.
Transactions
| Action | Obligated | Date |
|---|---|---|
| Funding Only Action | $198,976 | |
| Original award | $2,989,557 |
About this award
This is a federal contract award to Raine & Company, LLC, a minority-owned, self-certified small disadvantaged business based in Atlanta, Georgia. The contract, awarded by the U.S. Department of Housing and Urban Development (HUD), is for AREA 4D/5D ASSET MANAGEMENT SERVICES with a ceiling value of $3,188,533.20. The contract is a delivery order, with a firm fixed price pricing type, and has an ultimate completion date of September 29, 2025. Raine & Company, LLC provides comprehensive asset management services for HUD's multifamily housing portfolio in the Atlanta metropolitan area, including financial reporting, compliance monitoring, property inspections, and disposition assistance. The company holds several Indefinite Delivery Contracts (IDCs) with HUD, ranging from $2.5 million to $39.4 million, which enable the agency to efficiently procure the company's expertise across various geographic regions and programs. This contract award supports HUD's mission of preserving quality affordable housing and expanding homeownership opportunities.
Quick answers
Who was awarded contract 86616024F00053?
86616024F00053 was awarded to Raine & Company, LLC by Atlanta Operations Branch (Department of Housing and Urban Development) on September 30, 2024.
How much is contract 86616024F00053 worth?
The government has obligated $3,188,533 on 86616024F00053.
Which agency awarded contract 86616024F00053?
Atlanta Operations Branch (Department of Housing and Urban Development) awarded 86616024F00053, with funding from Assistant Secretary for Housing Federal Housing Commissioner (Department of Housing and Urban Development).
Is contract 86616024F00053 an order under another contract?
Yes. 86616024F00053 is a delivery order under 86616024D00011, an indefinite delivery contract.
Was contract 86616024F00053 competed?
The extent of competition for 86616024F00053 was full and open competition after exclusion of sources.
On GovTribe
See this award's full record
- Every transaction and funding action
- The awardee's other awards and teaming partners
- Similar awards and recompete opportunities
- Ask GovTribe AI about this award