Asset management service (am), area 4S (idaho and nevada)

Ended Awarded Last action

Contract number
003
Awardee
Awarding agency
Obligated
$1,217,142

Award facts

Contract value 100% obligated
$1,217,141.95 Current and potential, with all options
Completion date 100% complete
Current and potential, with all options
Set-aside
No set-aside
Competition
Full and Open Competition after exclusion of sources Negotiated Proposal / Quote
Pricing
Firm Fixed Price
Place of performance
Vienna, VA 22180, USA

Award details come from SAM.gov/FPDS.

Transactions

Action Obligated Date
Funding Only Action P00001 · Asset management services -$3,176,320
Exercise an Option M001 $2,928,975
Original award $1,464,487

About this award

This is a firm fixed price delivery order contract awarded by the U.S. Department of Housing and Urban Development (HUD) to Chronos Solutions, LLC, a technology-enabled services provider in the mortgage industry. The contract, valued at $1,217,141.95, is for asset management services covering the Idaho and Nevada regions under HUD's 3.5 Asset Management Services Area 4S program.

Chronos Solutions has previously provided asset management, property management, and related services to HUD under multiple prime contracts and indefinite delivery contracts. This latest award is a continuation of the firm's work supporting HUD's affordable housing and community development initiatives through the delivery of asset management services. The contract has no set-aside designation and is being performed out of the contractor's locations in Texas and Virginia.

Quick answers

Who was awarded contract 003?

003 was awarded to Chronos Solutions, LLC by Atlanta Operations Branch (Department of Housing and Urban Development) on June 1, 2015.

How much is contract 003 worth?

The government has obligated $1,217,142 on 003.

Is contract 003 an order under another contract?

Yes. 003 is a delivery order under DU204SA13D02, an indefinite delivery contract, on HUD 3.5 Asset Management Services (HUD AM).

Was contract 003 competed?

The extent of competition for 003 was full and open competition after exclusion of sources.

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