Exercise option year and task order ($$) to fund OY3/4 under DU204SA-13-d-05 for asset management in support of dhoc REO.

Ended Awarded Last action

Contract number
0004
Awardee
Awarding agency
Obligated
$2,300,923

Award facts

Contract value 100% obligated
$2,300,922.51 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
Coppell, TX 75019, USA

Award details come from SAM.gov/FPDS.

Transactions

Action Obligated Date
Close Out P00002 · Asset management area 4D -$10,000
Funding Only Action P00001 · Deobligation -$3,898,057
Original award $6,208,980

About this award

This is a delivery order awarded by the Department of Housing and Urban Development (HUD) to Chronos Solutions, LLC, a technology-enabled services provider in the mortgage industry. The delivery order, valued at $2,300,922.51, funds Option Years 3 and 4 of a larger Indefinite Delivery Contract (IDC) for Asset Management Services in support of HUD's Distressed Housing Oversight and Compliance (DHOC) program. The contract has a period of performance through May 31, 2017 and utilizes firm fixed pricing. Chronos Solutions has previously been awarded multiple delivery orders and IDCs from HUD to provide asset management, property management, and related services for HUD-associated multifamily housing and real estate assets. This delivery order does not have a set-aside designation.

Quick answers

Who was awarded contract 0004?

0004 was awarded to Chronos Solutions, LLC by Atlanta Operations Branch (Department of Housing and Urban Development) on June 1, 2016.

How much is contract 0004 worth?

The government has obligated $2,300,923 on 0004.

Which agency awarded contract 0004?

Atlanta Operations Branch (Department of Housing and Urban Development) awarded 0004, with funding from Assistant Secretary for Housing Federal Housing Commissioner (Department of Housing and Urban Development).

Is contract 0004 an order under another contract?

Yes. 0004 is a delivery order under DU204SA13D05, an indefinite delivery contract, on HUD 3.5 Asset Management Services (HUD AM).

Was contract 0004 competed?

The extent of competition for 0004 was full and open competition after exclusion of sources.

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