Indefinite Delivery Contract 86614521D00005

Award Date 8/1/21
Last Date to Order 3/31/22
Contracting Federal Agency
Atlanta Operations Branch
Ultimate Awardee
Not listed
Set-Aside Type
No Set-Aside Used
Federal Contract Vehicle
Pricing Type
Firm Fixed Price
Legislative Mandate
Clinger Cohen Act
National Interest Action
None
Award Type
Single
Primary Consortia Member
Not listed
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  • 86614521D00005
    Indefinite Delivery Contract
  • 4
    Federal Contract Awards

The Department of Housing and Urban Development awarded an indefinite delivery contract to DGG Re Investments LLC, doing business as Guardian Asset Management, for field service management services. The contract has a potential value of $9.3 million and period of performance through March 2022. Under the contract, Guardian Asset Management has provided field service management support through multiple delivery orders totaling over $7.2 million. Services include coordinating property preservation and inspection activities for FHA single family insured mortgages. Delivery orders specify services for areas including nationwide, Florida-Puerto Rico-Virgin Islands, and Area 8. Performance locations are Guardian Asset Management's Langhorne, Pennsylvania offices.

The contract aims to maintain and preserve HUD's inventory of vacant real estate owned homes through field management services. Delivery orders fund services from August 2021 through March 2023, indicating the contract provides ongoing property preservation assistance. No subcontractors or set asides are noted in awarded task orders. Details demonstrate the contract functions as an indefinite delivery contract vehicle for the Department of Housing and Urban Development to obtain recurring field service management support nationwide in administering its real estate portfolio.

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