Indefinite Delivery Contract 86614524D00003

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
Walsh Healy Act
National Interest Action
None
Award Type
Single
Primary Consortia Member
Not listed
Similar IDVs
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 comprehensive field service management (FSM) services to support HUD's portfolio of single-family real estate owned (REO) properties. The IDC, valued up to $58,570,804, covers a range of geographic areas across the eastern United States and Caribbean, including Areas 1D, 3A/4A, 3S/5S, 4D/5D, 5A/8A, and 5P. Under...
The key products and services being delivered under this federal contract IDV award to 24 Asset Management Corp, a minority-owned small business, are field service management and maintenance of single-family real estate owned (REO) properties for the U.S. Department of Housing and Urban Development (HUD). The indefinite delivery contract, with a ceiling value of $70,195,068, covers multiple geographic areas across the eastern United States and Caribbean, including Regions 1D, 3A/4A, 3S/5S,...
The Department of Housing and Urban Development (HUD) awarded a single-award Indefinite Delivery Contract (IDC) valued up to $50.3M to 24 Asset Management Corp, a minority-owned small business, for field service management (FSM) services covering properties across multiple geographic areas. The IDC supports HUD's efforts to effectively manage and dispose of its inventory of single-family real estate owned (REO) properties acquired through foreclosure proceedings. Under this contract, 24 Asset...
The 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 of HUD's single-family Real Estate Owned (REO) properties across various geographic regions. The IDC has a ceiling value ranging from $33 million to $70 million and covers areas such as 1D, 3A/4A, 3S/5S, 4D/5D, 5A/8A, and 5P, aligning with 24 Asset Management Corp's expertise in managing...
The U.S. Department of Housing and Urban Development (HUD) has awarded a single-award Indefinite Delivery Contract (IDC) to 24 Asset Management Corp, a minority-owned small business, for field service management services of HUD's single-family real estate owned (REO) properties. The IDC has a ceiling value of up to $68,001,505 and a period of performance through November 1, 2025. Under this IDC, HUD has issued a $8,736,007 Delivery Order to 24 Asset Management Corp for field service management...
The Department of Housing and Urban Development awarded a single-award Indefinite Delivery Contract to 24 Asset Management Corporation, doing business as Fsr-24 Asset Management, to provide Field Service Management services in designated geographic areas. The contract includes a base period of performance from June 2022 to May 2023 and potential value of $52.8 million. A $9.6 million firm fixed price delivery order was issued against this IDV contract for Field Service Management services in...
The Department of Housing and Urban Development awarded a single-award indefinite delivery contract to 24 Asset Management Corp for field service management services. The contract has a potential value of $45.6M over a base period of one year plus four one-year options. A $8.3M firm fixed price task order was issued for services in Miami, Florida from June 2022 through May 2023. The original solicitation sought proposals for field service management of single-family real estate owned...
The Department of Housing and Urban Development awarded a single-award, indefinite delivery contract to 24 Asset Management Corp., doing business as FSR-24 Asset Management, to provide field service management services across multiple geographic areas. The contract established a potential value of $63.5 million over a base period of one year plus four one-year options, with an initial $9.3 million firm fixed-price delivery order issued for Area 5P services in Miami, Florida running from June...
The Department of Housing and Urban Development awarded a single-award, indefinite delivery contract to 24 Asset Management Corp., doing business as Fsr-24 Asset Management, to provide field service management services for HUD's single-family real estate owned property inventory. The contract has a potential value of $33.7M over a base period of performance plus four one-year options running from June 2022 through April 2023. A subsequent $4.89M firm fixed price delivery order was issued for...
The Department of Housing and Urban Development awarded a single award Indefinite Delivery Contract to 24 Asset Management Corp. doing business as Fsr-24 Asset Management to provide field service management services for areas 5A and 8A. The contract has a potential value of $65 million with a period of performance from June 2022 to April 2023. A $8.7 million firm fixed price delivery order was also awarded for field service management services in Miami, Florida running from June to May 2023. The...
  • 86614524D00003
    Indefinite Delivery Contract
  • 2
    Federal Contract Awards

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, repairs, utility management, and disposition tracking across multiple geographic areas, including Areas 1D, 3A/4A, 3S/5S, 4D/5D, 5A/8A, and 5P. This contract supports HUD's objectives of preserving communities, maintaining property values, and maximizing returns to the Federal Housing Administration's insurance funds by efficiently managing and disposing of foreclosed homes.

Under this IDC, HUD has issued a $4,892,944 delivery order to 24 Asset Management Corp for field service management services specific to Area 1D, which includes properties in Miami, Florida. This delivery order is a firm fixed-price contract with a period of performance through February 2025. 24 Asset Management Corp has been awarded multiple IDCs by HUD, each covering specific geographic areas and with potential values ranging from $33 million to $70 million, providing a framework for HUD to issue task orders for the field service management of its REO properties.

Generated 11/27/24, 9:05 AM