5D 3.5 asset manager task order
Ended Awarded Last action
- Contract number
- 004
- Awardee
-
Chronos Solutions, LLC UEI HNAEEALMPQ43
- Awarding agency
-
Atlanta Operations Branch
Department of Housing and Urban Development
- Obligated
- $1,863,763
Award facts
- Contract value 100% obligated
- $1,863,763.14 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
- Coppell, TX 75019, USA
Award details come from SAM.gov/FPDS.
Transactions
| Action | Obligated | Date |
|---|---|---|
| Funding Only Action | -$3,926,237 | |
| Original award | $5,790,000 |
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 order is part of the HUD 3.5 Asset Management Services (HUD AM) indefinite delivery contract, which allows for the issuance of delivery orders to support HUD's affordable housing and community development programs.
The $1,863,763.14 firm fixed price delivery order is for asset management services, including property management and related services, for HUD-associated multifamily housing units and real estate assets, primarily in the Coppell, Texas area. Chronos Solutions has been repeatedly awarded delivery orders under the HUD AM contract vehicle, totaling over $7 million in obligations over recent years, with no set-aside designations applied. The current order has a performance period through May 31, 2017.
Quick answers
Who was awarded contract 004?
004 was awarded to Chronos Solutions, LLC by Atlanta Operations Branch (Department of Housing and Urban Development) on June 1, 2016.
How much is contract 004 worth?
The government has obligated $1,863,763 on 004.
Is contract 004 an order under another contract?
Yes. 004 is a delivery order under DU204SA13D06, an indefinite delivery contract, on HUD 3.5 Asset Management Services (HUD AM).
Was contract 004 competed?
The extent of competition for 004 was full and open competition after exclusion of sources.
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