Asset management area 3P
Ended Awarded Last action
- Contract number
- 86616024F00055
- Awardee
-
Raine & Company, LLC UEI WNCDANULC217
- Awarding agency
-
Atlanta Operations Branch
Department of Housing and Urban Development
- Obligated
- $4,814,531
Award facts
- Contract value 100% obligated
- $4,814,531.20 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 30305, USA
- Legislative mandates
-
- Clinger-Cohen Act FAR part 39
- 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 | $1,047,720 | |
| Original award | $3,766,812 |
About this award
This federal contract award to Raine & Company, LLC, a minority-owned and self-certified small disadvantaged business, is for comprehensive asset management services for the U.S. Department of Housing and Urban Development (HUD). The contract, valued at $4,814,531.20, covers the management of HUD's real estate assets across multiple geographic areas, primarily in the Atlanta region. The award is a Delivery Order under an Indefinite Delivery Contract (IDC) that enables HUD to efficiently procure asset management services across diverse regions through firm fixed-price task orders. Raine & Company provides essential administrative and oversight services for federally-owned and subsidized housing assets, including financial reporting, regulatory compliance monitoring, property inspections, budgeting, and disposition assistance. This contract is not designated as a set-aside.
Quick answers
Who was awarded contract 86616024F00055?
86616024F00055 was awarded to Raine & Company, LLC by Atlanta Operations Branch (Department of Housing and Urban Development) on September 30, 2024.
How much is contract 86616024F00055 worth?
The government has obligated $4,814,531 on 86616024F00055.
Which agency awarded contract 86616024F00055?
Atlanta Operations Branch (Department of Housing and Urban Development) awarded 86616024F00055, with funding from Assistant Secretary for Housing Federal Housing Commissioner (Department of Housing and Urban Development).
Is contract 86616024F00055 an order under another contract?
Yes. 86616024F00055 is a delivery order under 86616024D00013, an indefinite delivery contract.
Was contract 86616024F00055 competed?
The extent of competition for 86616024F00055 was full and open competition after exclusion of sources.
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