Rent comparability study (RCS) property appraisal services: as-is and post-rehab rents. Midwest region
Active Blanket Purchase Agreement Awarded Last action
- 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 38% 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
- 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's Office of Multifamily Housing established a Blanket Purchase Agreement with Feasibility Research Group Ohio LLC, doing business as FRG Valuations, on December 6, 2024, with a $1 million ceiling for rent comparability study services. The BPA runs to an ultimate completion date of December 5, 2029. It covers rent comparability studies across the Midwest, Northeast, Southeast, and West regions, following a pre-solicitation posted November 1, 2023, that sought real estate appraisers for rent comparability and post-rehab studies at HUD multifamily properties. Calls are set aside for total small business under NAICS 531320 (Offices of Real Estate Appraisers) and PSC R411, and the pre-solicitation applied a $9.5 million size standard.
Two calls have been issued under this BPA, both for Midwest rent comparability studies performed in Cleveland, Ohio, on a firm-fixed-price basis. The first, valued at $74,556, was awarded December 19, 2024, with completion on December 18, 2025. The second, valued at $49,604, was awarded December 18, 2025, with completion on December 18, 2026, and is set aside for total small business.
The prime is an SBA 8(a) Program participant whose certification expires February 23, 2028. The firm is minority-owned and headquartered in Lyndhurst, Ohio. A modification to this BPA adds Revolutionary FAR Overhaul clause 52.222-90, addressing DEI discrimination by federal contractors.
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 |
Transactions
| Action | Obligated | Date |
|---|---|---|
| Other Administrative Action | $0 | |
| Original award | $0 |
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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