The Department of Housing and Urban Development awarded a single award Indefinite Delivery Contract to DGG Re Investments LLC, doing business as Guardian Asset Management, to provide Field Service Management services. The contract has a potential value of $4,438,529 and period of performance through March 31, 2022. Under the contract, Guardian Asset Management has been issued four delivery orders totaling $2,396,620.14 to perform field service management activities in support of HUD programs in Langhorne, Pennsylvania; Atlanta, Georgia; and the FSM Area 4A region. Services provided include facilities support, maintenance, and management services. No subcontractors or set-asides were identified for any of the orders issued against the IDV.
The IDV and associated delivery orders aim to procure field service management services for HUD's real estate owned properties. Based on the place of performance and program codes referenced, Guardian Asset Management is providing property preservation, maintenance, inspection, and related support activities for HUD under the Federal Housing Administration programs. This allows HUD to maintain and manage its inventory of foreclosed homes until they can be sold or rented, supporting the agency's mission of expanding housing opportunities and fostering sustainable, inclusive communities.
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