Indefinite Delivery Contract 86614524D00008
Active Awarded Last action
- Contract number
- 86614524D00008
- Awardee
-
24 Asset Management Corp UEI URM8YYHQMLG3
- Awarding agency
-
Atlanta Operations Branch
Department of Housing and Urban Development
- Task orders
- 3 $33,619,768 obligated
Award facts
- Opportunity
-
- 3. 12 field service management services Pre-Solicitation · 86544B19R00002 · Posted Mar 26, 2019
- Combined order value
- $33,619,768 Current and potential, with all options
- Last date to order 99% complete
- IDV ceiling 48% used
- $70,195,068.00
- 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
-
- 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
The Department of Housing and Urban Development's Assistant Secretary for Housing/Federal Housing Commissioner awarded an indefinite-delivery contract to 24 Asset Management Corp, a minority-owned, Hispanic American-owned small business, on November 2, 2023, with a ceiling value of $70,195,068 and an ultimate completion date of November 1, 2026.
The contract covers field service management services for Area 5P with no set-aside designation. Place of performance is Olympia Heights, Florida. The IDIQ provides a base period of twelve months with four optional twelve-month renewal periods, structured as a single-award vehicle using firm fixed-price delivery order mechanisms.
The originating solicitation, posted as a pre-solicitation on March 26, 2019, contemplated a partial small business set-aside. The contract is intended to procure comprehensive field service management and property maintenance services for HUD's single-family real estate owned (REO) properties, including property inspections, security services, cosmetic and structural repairs, utility management and payments, ongoing maintenance, and disposition tracking.
Recent delivery orders issued under this IDIQ include a $13,228,952 order awarded February 5, 2025, with completion on February 15, 2026; a $9,312,578 order awarded February 16, 2024, with completion on February 15, 2025; and an $11,078,238 order awarded January 13, 2026, with completion on February 15, 2027. All orders are firm fixed-price with no set-aside designation and perform in Olympia Heights, Florida.
Task orders
| Task order | Ordering agency | Obligated | Awarded |
|---|---|---|---|
| Field service management area 5P | Atlanta Operations Branch | $11,078,238 | |
| Field service management services area 5P | Atlanta Operations Branch | $13,228,952 | |
| Field service management services area 5P | Atlanta Operations Branch | $9,312,578 |
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 86614524D00008?
86614524D00008 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 86614524D00008 worth?
Orders under 86614524D00008 have obligated $33,619,768. 86614524D00008's own ceiling is $70,195,068.
How many orders have been placed under contract 86614524D00008?
3 orders have been placed under 86614524D00008, the latest on February 16, 2026.
Which agency awarded contract 86614524D00008?
Atlanta Operations Branch (Department of Housing and Urban Development) awarded 86614524D00008, with funding from Assistant Secretary for Housing Federal Housing Commissioner (Department of Housing and Urban Development).
Who can order from contract 86614524D00008?
86614524D00008 is a single award indefinite delivery contract. Only the awarding agency can place orders on it.
Was contract 86614524D00008 competed?
The extent of competition for 86614524D00008 was full and open competition. The government received 10 offers.
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