Indefinite Delivery Contract 86614524D00002

Award Date 11/2/23
Last Date to Order 11/1/25
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
Service Contract Act
National Interest Action
None
Award Type
Single
Primary Consortia Member
Not listed
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The Department of Housing and Urban Development (HUD) awarded J G M Property Group, Inc., a certified women-owned small business, an Indefinite Delivery/Indefinite Quantity (IDIQ) contract for field service management services for HUD-owned single-family real estate properties in various geographic areas across the United States. The total ceiling value of the contract is $65,439,356. Under this IDIQ, J G M Property Group is responsible for providing property inspections, maintenance, repairs,...
The Department of Housing and Urban Development (HUD) awarded an Indefinite Delivery Contract (IDC) to J G M Property Group, Inc., a certified Small Business Administration (SBA) Women-Owned Small Business and self-certified Small Disadvantaged Business, for field service management services in HUD's Area 3P. The contract has a total ceiling value of $86,086,415 and a period of performance through November 1, 2025. Under this IDC, J G M Property Group has been awarded two firm fixed-price...
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The key elements of this federal contract IDV award are as follows: The U.S. Department of Housing and Urban Development (HUD) awarded a single-award Indefinite Delivery Contract (IDC) to 24 Asset Management Corp, a minority-owned small business, for field service management (FSM) services related to HUD's inventory of single-family real estate owned (REO) properties. The IDC, with a ceiling value of $37,218,578, covers a wide range of services including property inspections, security,...
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  • 86614524D00002
    Indefinite Delivery Contract
  • 2
    Federal Contract Awards

This federal contract IDV was awarded by the Department of Housing and Urban Development (HUD) to J G M Property Group, Inc., a certified Small Business Administration (SBA) Women-Owned Small Business and self-certified Small Disadvantaged Business. The IDV, valued at up to $65,322,508, covers field service management services for HUD's single-family Real Estate Owned (REO) property inventory across multiple geographic areas in the United States.

Under this IDV, J G M Property Group provides comprehensive property management services including inspections, maintenance, repairs, utility payments, and security. These services support HUD's mission to manage and dispose of foreclosed properties efficiently, promoting homeownership and community preservation. The IDV includes a single-award Delivery Order valued at $9,855,887 for services in the 1P/4P geographic area, with a period of performance through December 2024. The original solicitation was issued as a pre-solicitation notice, indicating HUD's intention to award multiple IDIQ contracts to small businesses for field service management across 18 geographic areas.

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