Indefinite Delivery Contract 86614524D00006
Active Awarded Last action
- Contract number
- 86614524D00006
- Awardee
-
24 Asset Management Corp UEI URM8YYHQMLG3
- Awarding agency
-
Atlanta Operations Branch
Department of Housing and Urban Development
- Task orders
- 3 $30,311,207 obligated
Award facts
- Opportunity
-
- 3. 12 field service management services Pre-Solicitation · 86544B19R00002 · Posted Mar 26, 2019
- Combined order value
- $30,311,207 Current and potential, with all options
- Last date to order 99% complete
- IDV ceiling 45% used
- $68,001,505.00
- 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 · 13 offers Negotiated Proposal / Quote
- Pricing
- Firm Fixed Price
- Legislative mandates
-
- Walsh-Healey Public Contracts Act FAR subpart 22.6
- 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
HUD's Assistant Secretary for Housing Federal Housing Commissioner awarded an indefinite-delivery contract to 24 Asset Management Corp on November 2, 2023, with a contract ceiling of $68,001,505 for field service management services in Area 5A/8A. This is a single-award contract with no set-aside designation. 24 Asset Management Corp is a minority-owned, Hispanic American-owned small business based in Miami, Florida.
The contract runs for a base period of twelve months with four optional twelve-month renewal periods, with an ultimate completion date of November 1, 2026. Place of performance is Olympia Heights, Florida.
The IDIQ provides a framework for delivery orders covering comprehensive field service management for HUD's real estate owned (REO) properties resulting from foreclosures. Services include property inspections, security, cosmetic and structural repairs, utility management and payments, ongoing maintenance, and disposition tracking for single-family foreclosed homes.
Since award, HUD has issued three delivery orders under this IDIQ. The most recent, awarded December 12, 2025, valued at $10,124,600 with completion on December 19, 2026, covers field service management in Area 5A/8A. A prior delivery order issued December 16, 2024, for $11,450,600 with completion on December 19, 2025, also covers Area 5A/8A. An initial delivery order from December 20, 2023, valued at $8,736,007 with completion on December 19, 2024, covered the same area. All delivery orders are firm fixed-price with no small business set-asides and perform in Olympia Heights, Florida.
Task orders
| Task order | Ordering agency | Obligated | Awarded |
|---|---|---|---|
| 86614526F00002 | Atlanta Operations Branch | $10,124,600 | |
| Field service management services 5A/8A | Atlanta Operations Branch | $11,450,600 | |
| Field service management services for area 5A 8A | Atlanta Operations Branch | $8,736,007 |
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 86614524D00006?
86614524D00006 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 86614524D00006 worth?
Orders under 86614524D00006 have obligated $30,311,207. 86614524D00006's own ceiling is $68,001,505.
How many orders have been placed under contract 86614524D00006?
3 orders have been placed under 86614524D00006, the latest on December 12, 2025.
Which agency awarded contract 86614524D00006?
Atlanta Operations Branch (Department of Housing and Urban Development) awarded 86614524D00006, with funding from Assistant Secretary for Housing Federal Housing Commissioner (Department of Housing and Urban Development).
Who can order from contract 86614524D00006?
86614524D00006 is a single award indefinite delivery contract. Only the awarding agency can place orders on it.
Was contract 86614524D00006 competed?
The extent of competition for 86614524D00006 was full and open competition. The government received 13 offers.
On GovTribe
See this IDV's full record
- Every order and transaction
- The awardee's other awards and teaming partners
- Similar IDVs and recompete opportunities
- Ask GovTribe AI about this IDV