Field service management for area [3A/4A]
Active Indefinite Delivery Contract Awarded Last action
- Contract number
- 86614524D00005
- Awardee
-
24 Asset Management Corp UEI URM8YYHQMLG3
- Awarding agency
-
Atlanta Operations Branch
Department of Housing and Urban Development
Award facts
- Opportunity
-
- 3. 12 field service management services Pre-Solicitation · Posted Mar 26, 2019
- Last date to order 99% complete
- IDV ceiling
- $85,085,058.00
- 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 · 10 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 for $85,085,058 on November 2, 2023, for field service management in Areas 3A/4A. 24 Asset Management Corp is a minority-owned, Hispanic American-owned small business.
Place of performance is Olympia Heights, Florida. The contract covers comprehensive property management services for single-family foreclosed homes, including property inspections, security services, cosmetic and structural repairs, utility management and payments, ongoing maintenance, and disposition tracking.
The period of performance is a twelve-month base period plus four optional twelve-month renewal periods, with an ultimate completion date of November 1, 2026. The contract uses firm fixed-price delivery orders with no set-aside designation.
Recent delivery orders issued under this IDIQ include a $10,038,620 order awarded December 16, 2026, with completion on February 15, 2027; an $11,450,600 order awarded December 16, 2024, with completion on December 19, 2025; and a $10,216,999 order awarded February 16, 2024, with completion on February 15, 2025. All orders are for Areas 3A/4A and performed in Olympia Heights, Florida.
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 86614524D00005?
86614524D00005 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 86614524D00005 worth?
86614524D00005's own ceiling is $85,085,058.
Which agency awarded contract 86614524D00005?
Atlanta Operations Branch (Department of Housing and Urban Development) awarded 86614524D00005, with funding from Assistant Secretary for Housing Federal Housing Commissioner (Department of Housing and Urban Development).
Who can order from contract 86614524D00005?
86614524D00005 is a single award indefinite delivery contract. Only the awarding agency can place orders on it.
Was contract 86614524D00005 competed?
The extent of competition for 86614524D00005 was full and open competition. The government received 10 offers.
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