Rent comparability study (RCS) property appraisal services: as-is and post-rehab rents. Midwest region
Active Blanket Purchase Agreement Awarded
- Contract number
- 86614125A00003
- Awardee
-
Feasibility Research Group Ohio LLC UEI N3NCXJW3BBK9
- Awarding agency
-
Chicago Operations Branch
Department of Housing and Urban Development
- Task orders
- 2 $124,160 obligated
Award facts
- Opportunity
-
- Rent Comparability Studies - MFH Regions: Midwest, Northest, Southeast, & West Pre-Solicitation · 86614124Q00005 · Posted Nov 1, 2023
- Combined order value
- $124,160 Current and potential, with all options
- Last date to order 37% complete
- IDV ceiling 12% used
- $1,000,000.00
- Maximum order
- $200,000.00
- Award type
- Multiple award
- Who can order
- Only the awarding agency
- Funding agency
- Housing Office of Multi Family Housing Department of Housing and Urban Development
- NAICS code
- 531320 Offices of Real Estate Appraisers
- Set-aside
- No set-aside
- Pricing
- Firm Fixed Price
- Legislative mandates
-
- Employment Eligibility Verification (E-Verify) FAR subpart 22.18
- Service Contract Inventory FAR subpart 4.17
Award details come from SAM.gov/FPDS.
About this IDV
The Department of Housing and Urban Development (HUD) has awarded a Blanket Purchase Agreement (BPA) to Feasibility Research Group Ohio LLC, doing business as FRG Valuations, to provide Rent Comparability Study (RCS) and property appraisal services for multifamily housing properties across the Midwest region. This $1,000,000 multiple-award BPA has an ultimate completion date of December 5, 2029.
As an SBA-certified 8(a) Program participant, minority-owned, and small disadvantaged business, FRG Valuations will leverage its expertise in real estate valuation and feasibility research to assist HUD in determining appropriate rent levels for Section 8 project-based properties. The contract requires the contractor to perform both as-is and post-rehab rent assessments. This BPA award is part of a larger HUD procurement initiative to obtain real estate appraisal services for the Midwest, Northeast, Southeast, and Western regions of the United States through a series of small business set-aside solicitations to be released between December 2023 and March 2024.
Task orders
| Task order | Ordering agency | Obligated | Awarded |
|---|---|---|---|
| BPA call for rent comparability study for the MFH midwest region. | Chicago Operations Branch | $49,604 | |
| BPA call for rent comparability study for the MFH midwest region. | Chicago Operations Branch | $74,556 |
Quick answers
Who was awarded contract 86614125A00003?
86614125A00003 was awarded to Feasibility Research Group Ohio LLC by Chicago Operations Branch (Department of Housing and Urban Development) on December 6, 2024.
How much is contract 86614125A00003 worth?
Orders under 86614125A00003 have obligated $124,160. 86614125A00003's own ceiling is $1,000,000. A single order can be worth up to $200,000.
How many orders have been placed under contract 86614125A00003?
2 orders have been placed under 86614125A00003, the latest on December 18, 2025.
Which agency awarded contract 86614125A00003?
Chicago Operations Branch (Department of Housing and Urban Development) awarded 86614125A00003, with funding from Housing Office of Multi Family Housing (Department of Housing and Urban Development).
Who can order from contract 86614125A00003?
86614125A00003 is a multiple award blanket purchase agreement. Only the awarding agency can place orders on it.
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