Asset management services in area 4P
Ended Awarded Last action
- Contract number
- 86616019F00005
- Awardee
-
Sage Acquisitions LLC UEI TKL1GVVB7885
- Awarding agency
-
Atlanta Operations Branch
Department of Housing and Urban Development
- Obligated
- $590,444
Award facts
- Contract value 100% obligated
- $590,444.36 Current and potential, with all options
- Completion date 100% complete
-
- Current, with exercised options
- Potential, with all options
- Funding agency
- Housing Office of Single Family Housing Department of Housing and Urban Development
- 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 | -$3,222,585 | |
| Original award | $3,813,029 |
About this award
This contract is for asset management services in a specific geographic area, Area 4P, awarded by the Department of Housing and Urban Development (HUD) to Sage Acquisitions LLC, a minority-owned small business. The contract is a delivery order issued under HUD's $3.7 billion Asset Management Services (AMS) multiple award indefinite-delivery/indefinite-quantity (IDIQ) contract.
Sage Acquisitions, as the prime contractor, provides property management and asset disposition services to support HUD's real estate portfolio, particularly in the HUD Housing Office of Single Family Housing's operations in the Atlanta, Georgia area. The contract is a firm-fixed price arrangement with no set-aside designation. The potential value of this specific delivery order is $590,444.36, and the period of performance runs through September 30, 2021.
Quick answers
Who was awarded contract 86616019F00005?
86616019F00005 was awarded to Sage Acquisitions LLC by Atlanta Operations Branch (Department of Housing and Urban Development) on June 1, 2019.
How much is contract 86616019F00005 worth?
The government has obligated $590,444 on 86616019F00005.
Which agency awarded contract 86616019F00005?
Atlanta Operations Branch (Department of Housing and Urban Development) awarded 86616019F00005, with funding from Housing Office of Single Family Housing (Department of Housing and Urban Development).
Is contract 86616019F00005 an order under another contract?
Yes. 86616019F00005 is a delivery order under DU204SB15D11, an indefinite delivery contract, on HUD 3.7 Asset Management Services (HUD AM).
Was contract 86616019F00005 competed?
The extent of competition for 86616019F00005 was full and open competition after exclusion of sources.
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