Asset management services - denver hoc
Ended Awarded Last action
- Contract number
- 003
- Awardee
-
Chronos Solutions, LLC UEI HNAEEALMPQ43
- Awarding agency
-
Atlanta Operations Branch
Department of Housing and Urban Development
- Obligated
- $3,075,656
Award facts
- Contract value 100% obligated
- $3,075,656.23 Current and potential, with all options
- Completion date 100% complete
- Current and potential, with all options
- NAICS code
- 541611 Administrative Management and General Management Consulting Services
- 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 | -$1,424,344 | |
| Exercise an Option | $2,361,000 | |
| Original award | $2,139,000 |
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 $3,075,656.23, is for asset management services in support of HUD's affordable housing and community development programs in the Denver area.
The contract is part of HUD's larger Asset Management Services (AM) program, which provides ongoing asset management services across various geographic regions. Chronos Solutions has been repeatedly awarded delivery orders under this program, totaling over $7 million in obligations in recent years. The current award is not set-aside and is being performed out of the company'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 $3,075,656 on 003.
Is contract 003 an order under another contract?
Yes. 003 is a delivery order under DU204SA13D06, 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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