Iris Development LLC was awarded a blanket purchase agreement by the Federal Emergency Management Agency to provide property management services in support of Hurricane Ida disaster relief efforts in Louisiana. The single award agreement has a potential value of $10.73 million and a period of performance from January 2022 through July 2024.
Under the terms of the agreement, Iris Development LLC has received multiple firm fixed price task orders to manage rental properties leased through FEMA's Direct Lease Program in response to Hurricane Ida (designated DR-4611-LA). Task order periods of performance range from 12 to 24 months. Collectively, the 11 task orders detailed have a total value of approximately $4.5 million and require property management in Houma, Louisiana through early 2024. Services include maintenance of single family homes and multi-unit buildings leased by FEMA to provide temporary housing assistance in areas impacted by the hurricane.
Generated 1/24/24, 9:13 AM