The key products and services being delivered under this federal contract Indefinite Delivery Vehicle (IDV) award are property management services for the Department of Housing and Urban Development's (HUD) portfolio of single-family homes. The prime contractor, J G M Property Group, Inc., is a certified Small Business Administration (SBA) Women-Owned Small Business and self-certified Small Disadvantaged Business that provides a range of facility services and property management solutions to federal agencies.
The IDV, valued at up to $86,086,415, covers a geographic area designated as "Area 3P" and includes services such as inspections, maintenance, repairs, utility payments, and security for HUD's foreclosed single-family properties. This is part of a larger HUD initiative to efficiently manage and dispose of its real estate owned (REO) inventory, promoting homeownership and community preservation. The IDV has a base period of 12 months with four 12-month option periods, and the task orders issued under it are on a firm fixed-price basis. The original solicitation sought IDIQ contracts for field service management services across 18 different geographic areas, with some opportunities set aside for small businesses.
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