Covers the procurement of a competitive multi-year contract for nationwide REO disposition services. Subject to availability of FY21 funding.
Ended Indefinite Delivery Contract Awarded Last action
- Contract number
- 12SAD121D0002
- Awardee
-
Dawson's Realty & Mortgages, Inc. UEI EY61HHUAJH94
- Awarding agency
-
Washington Office
Rural Housing Service, Department of Agriculture
- Task orders
- 2 $39,738,590 obligated
Award facts
- Opportunity
-
- Real Estate Owned (REO Disposition Services Pre-Solicitation · 12SAD120R0013 · Posted Jun 11, 2020
- Real Estate Owned (REO) Disposition Services Solicitation · Posted Aug 25, 2020
- Combined order value
- $39,738,590 Current and potential, with all options
- Last date to order 100% complete
- IDV ceiling 88% used
- $45,181,488.94
- Maximum order
- $45,181,488.94
- Award type
- Single award
- Who can order
- Only the awarding agency
- Contracting staff
- Funding agency
- Chief Financial Office Washington Office, Department of Agriculture
- NAICS code
- 531210 Offices of Real Estate Agents and Brokers
- Set-aside
- Total Small Business
- Competition
- Full and Open Competition after exclusion of sources · 12 offers Negotiated Proposal / Quote
- Pricing
- Firm Fixed Price
Award details come from SAM.gov/FPDS.
About this IDV
The Department of Agriculture Rural Housing Service Chief Financial Office awarded Dawson's Realty & Mortgages, Inc. a single-award, indefinite delivery contract with a potential value of $45,181,488.94 to provide nationwide real estate owned property disposition services from May 2021 through November 2023. Under the contract, two firm fixed price delivery orders have been issued to Dawson's Realty for $15,024,200 and $24,714,390 respectively.
The delivery orders require Dawson's Realty to perform property management, marketing, and disposition functions for single-family homes in the Rural Housing Service's real estate owned portfolio located in Atlanta, Georgia. Services include listing, inspecting, preserving, and marketing properties to support the agency's mission of expanding affordable housing opportunities in rural areas. The original solicitation sought information from potential vendors to establish real estate owned disposition services nationwide to reduce inventory holding time and costs for the 225,643-property portfolio valued over $1 billion. Respondents were required to demonstrate experience meeting the agency's regulatory requirements for classification, marketing, sales, and post-closing documentation outlined in the Department of Agriculture handbook.
Task orders
| Task order | Ordering agency | Obligated | Awarded |
|---|---|---|---|
| REO disposition services for the period of performance of 5/28/2022 through 5/27/2023 in accordance with the PWS. | Rural Housing Service | $15,024,200 | |
| REO disposition services for the period of performance of 5/28/2021 through 5/27/2022 in accordance with the PWS. | Washington Office (RHS) | $24,714,390 |
Transactions
| Action | Obligated | Date |
|---|---|---|
| Supplemental Agreement for work within scope | $0 | |
| Exercise an Option | $0 | |
| Original award | $0 |
Quick answers
Who was awarded contract 12SAD121D0002?
12SAD121D0002 was awarded to Dawson's Realty & Mortgages, Inc. by Washington Office (Rural Housing Service) on May 28, 2021.
How much is contract 12SAD121D0002 worth?
Orders under 12SAD121D0002 have obligated $39,738,590. 12SAD121D0002's own ceiling is $45,181,489. A single order can be worth up to $45,181,489.
How many orders have been placed under contract 12SAD121D0002?
2 orders have been placed under 12SAD121D0002, the latest on May 27, 2022.
Which agency awarded contract 12SAD121D0002?
Washington Office (Rural Housing Service) awarded 12SAD121D0002, with funding from Chief Financial Office (Washington Office).
Who can order from contract 12SAD121D0002?
12SAD121D0002 is a single award indefinite delivery contract. Only the awarding agency can place orders on it.
Was contract 12SAD121D0002 competed?
The extent of competition for 12SAD121D0002 was full and open competition after exclusion of sources. The government received 12 offers. It was set aside: Total Small Business.
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