Nationwide default management services, to include foreclosure/legal, appraisal, real estate owned disposition, and property preservation.
Active Awarded Last action
- Contract number
- 12SAD223D0001
- Awardee
-
Dawson's Realty & Mortgages, Inc. UEI EY61HHUAJH94
- Awarding agency
-
Rural Housing Service
Department of Agriculture
- Task orders
- 3 $282,440,501 obligated
Award facts
- Opportunity
-
- 12SAD122R0001 Solicitation number
- Combined order value
- $282,440,501 Current and potential, with all options
- Last date to order 37% complete
- IDV ceiling 28% used
- $1,000,000,000.00
- Maximum order
- $300,000,000.00
- Award type
- Multiple award
- Who can order
- Only the awarding agency
- Contracting staff
- NAICS code
- 531390 Other Activities Related to Real Estate
- PSC
- R499 Support- Professional: Other
- Set-aside
- No set-aside
- Competition
- Full and Open Competition · 7 offers Negotiated Proposal / Quote
- Pricing
- Firm Fixed Price
- Legislative mandates
-
- Service Contract Inventory FAR subpart 4.17
Award details come from SAM.gov/FPDS.
About this IDV
Dawson's Realty & Mortgages, Inc., a certified economically disadvantaged women-owned small business based in Duluth, Georgia, was awarded a $1 billion multiple-award Indefinite Delivery/Indefinite Quantity contract by the U.S. Department of Agriculture's Rural Housing Service on February 27, 2023, with an ultimate completion date of February 26, 2033. The Nationwide Default Management Services contract establishes a nationwide framework for providing comprehensive default management, foreclosure/legal services, appraisals, real estate owned property disposition, and property preservation services supporting the Rural Housing Service's Single Family Direct Loan portfolio. The contract operates on a non-set-aside basis and is structured to enable task order issuance for specific default management initiatives and property management operations across the nation, with work performed primarily from contractor facilities in Georgia.
Under this parent contract, Dawson's Realty & Mortgages has received three significant delivery orders totaling approximately $234.5 million. The largest task order, valued at $232.3 million and awarded June 20, 2023, provides nationwide post-acceleration default management, property preservation, and real estate owned disposition services through June 19, 2033, under a firm fixed-price structure. A secondary delivery order valued at $245,578.76 for implementation services was issued concurrently with the contract award on February 27, 2023, with completion by August 26, 2023. Additionally, a minor task order valued at $2,314.34 was issued on July 29, 2024, for official travel to support contract administration meetings. These delivery orders collectively position the contractor as a critical provider managing the full lifecycle of loan defaults and property disposition operations within the Rural Housing Service's rural lending program portfolio.
Task orders
| Task order | Ordering agency | Obligated | Awarded |
|---|---|---|---|
| Task order for official travel to ST. Louis office meeting in july 2024. | Rural Housing Service | $2,314 | |
| Ndms sample task order for non-personal services to provide nationwide post acceleration default, property preservation… | Rural Housing Service | $282,192,598 | |
| Ndms implementation task order | Rural Housing Service | $245,579 |
Transactions
| Action | Obligated | Date |
|---|---|---|
| Supplemental Agreement for work within scope | $0 | |
| Supplemental Agreement for work within scope | $0 | |
| Supplemental Agreement for work within scope | $0 | |
| Supplemental Agreement for work within scope | $0 | |
| Supplemental Agreement for work within scope | $0 | |
| Supplemental Agreement for work within scope | $0 | |
| Original award | $0 |
Quick answers
Who was awarded contract 12SAD223D0001?
12SAD223D0001 was awarded to Dawson's Realty & Mortgages, Inc. by Rural Housing Service (Department of Agriculture) on February 27, 2023.
How much is contract 12SAD223D0001 worth?
Orders under 12SAD223D0001 have obligated $282,440,501. 12SAD223D0001's own ceiling is $1,000,000,000. A single order can be worth up to $300,000,000.
How many orders have been placed under contract 12SAD223D0001?
3 orders have been placed under 12SAD223D0001, the latest on July 29, 2024.
Who can order from contract 12SAD223D0001?
12SAD223D0001 is a multiple award indefinite delivery contract. Only the awarding agency can place orders on it.
Is contract 12SAD223D0001 part of a contract vehicle?
Yes. 12SAD223D0001 is part of Nationwide Default Management Services (NDMS).
Was contract 12SAD223D0001 competed?
The extent of competition for 12SAD223D0001 was full and open competition. The government received 7 offers.
On GovTribe
See this IDV's full record
- Every order and transaction
- The awardee's other awards and teaming partners
- Similar IDVs and recompete opportunities
- Ask GovTribe AI about this IDV