Asset management services
Ended Awarded Last action
- Contract number
- 003
- Awardee
-
Sage Acquisitions LLC UEI TKL1GVVB7885
- Awarding agency
-
Atlanta Operations Branch
Department of Housing and Urban Development
- Obligated
- $1,983,409
Award facts
- Contract value 100% obligated
- $1,983,408.91 Current and potential, with all options
- Completion date 100% complete
- Current and potential, with all options
- NAICS code
- 531320 Offices of Real Estate Appraisers
- 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
Award details come from SAM.gov/FPDS.
Transactions
| Action | Obligated | Date |
|---|---|---|
| Funding Only Action | -$6,237,929 | |
| Original award | $8,221,338 |
About this award
This contract was awarded by the Department of Housing and Urban Development (HUD) to Sage Acquisitions LLC, a minority-owned small business, for asset management services. Specifically, Sage is providing services to support HUD's real estate portfolio, including managing properties and disposing of HUD-owned assets. The contract was awarded under HUD's $3.7 billion Asset Management Services (AMS) multiple award indefinite-delivery/indefinite-quantity (IDIQ) contract and has a potential value of $1,983,408.91. The services are being provided on a firm-fixed price basis with no set-aside designation. As a prime contractor, Sage is assisting HUD's Housing Office of Single Family Housing, Assistant Secretary for Housing Federal Housing Commissioner, and Atlanta Operations Branch in managing single-family homes and expanding homeownership opportunities in various parts of the country, including Atlanta, Georgia, and parts of Ohio, Indiana, Kentucky, Florida, and Puerto Rico.
Quick answers
Who was awarded contract 003?
003 was awarded to Sage Acquisitions LLC by Atlanta Operations Branch (Department of Housing and Urban Development) on June 1, 2017.
How much is contract 003 worth?
The government has obligated $1,983,409 on 003.
Is contract 003 an order under another contract?
Yes. 003 is a delivery order under DU204SB15D11, an indefinite delivery contract, on HUD 3.7 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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