Field service management [4D/5D]
Active Indefinite Delivery Contract Awarded Last action
- Contract number
- 86614524D00004
- Awardee
-
24 Asset Management Corp UEI URM8YYHQMLG3
- Awarding agency
-
Atlanta Operations Branch
Department of Housing and Urban Development
- Task orders
- 3 $24,720,882 obligated
Award facts
- Opportunity
-
- 3. 12 field service management services Pre-Solicitation · Posted Mar 26, 2019
- Combined order value
- $24,720,882 Current and potential, with all options
- Last date to order 99% complete
- IDV ceiling 49% used
- $50,304,711.00
- Award type
- Single award
- Who can order
- Only the awarding agency
- Funding agency
- Assistant Secretary for Housing Federal Housing Commissioner Department of Housing and Urban Development
- NAICS code
- 531311 Residential Property Managers
- Set-aside
- No set-aside
- Competition
- Full and Open Competition · 9 offers Negotiated Proposal / Quote
- Pricing
- Firm Fixed Price
- Legislative mandates
-
- Service Contract Act FAR subpart 22.10
- Employment Eligibility Verification (E-Verify) FAR subpart 22.18
- Service Contract Inventory FAR subpart 4.17
Award details come from SAM.gov/FPDS.
About this IDV
The Department of Housing and Urban Development's Assistant Secretary for Housing/Federal Housing Commissioner awarded a single-award indefinite-delivery contract to 24 Asset Management Corp with a ceiling value of $50,304,711 on November 2, 2023, for field service management in Area 4D/5D.
24 Asset Management Corp is a minority-owned, Hispanic American-owned small business. Performance takes place in Olympia Heights, Florida. The IDIQ procures comprehensive property management services for HUD's real estate owned (REO) foreclosed properties, including property inspections, security services, cosmetic and structural repairs, utility management and payments, ongoing maintenance, and disposition tracking for single-family homes.
The contract carries a base period of twelve months with four optional twelve-month renewal periods, expiring November 1, 2026. All delivery orders utilize firm fixed-price pricing with no small business set-aside designation.
Recent delivery orders issued under this IDIQ include $7.56 million for Areas 4D/5D (awarded December 19, 2025, completion February 15, 2027), $8.88 million for Areas 4D/5D (awarded February 3, 2025, completion February 15, 2026), and $8.27 million for Areas 4D/5D (awarded February 16, 2024, completion February 15, 2025).
Task orders
| Task order | Ordering agency | Obligated | Awarded |
|---|---|---|---|
| Field service management area 4D/5D | Atlanta Operations Branch | $7,562,943 | |
| 86614525F00015 | Atlanta Operations Branch | $8,883,861 | |
| 86614524F00041 | Atlanta Operations Branch | $8,274,078 |
Transactions
| Action | Obligated | Date |
|---|---|---|
| Other Administrative Action | $0 | |
| Exercise an Option | $0 | |
| Exercise an Option | $0 | |
| Original award | $0 |
Quick answers
Who was awarded contract 86614524D00004?
86614524D00004 was awarded to 24 Asset Management Corp by Atlanta Operations Branch (Department of Housing and Urban Development) on November 2, 2023.
How much is contract 86614524D00004 worth?
Orders under 86614524D00004 have obligated $24,720,882. 86614524D00004's own ceiling is $50,304,711.
How many orders have been placed under contract 86614524D00004?
3 orders have been placed under 86614524D00004, the latest on February 16, 2026.
Which agency awarded contract 86614524D00004?
Atlanta Operations Branch (Department of Housing and Urban Development) awarded 86614524D00004, with funding from Assistant Secretary for Housing Federal Housing Commissioner (Department of Housing and Urban Development).
Who can order from contract 86614524D00004?
86614524D00004 is a single award indefinite delivery contract. Only the awarding agency can place orders on it.
Was contract 86614524D00004 competed?
The extent of competition for 86614524D00004 was full and open competition. The government received 9 offers.
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