Field service management services area [3S/5S]
Active Indefinite Delivery Contract Awarded Last action
- Contract number
- 86614524D00010
- Awardee
-
24 Asset Management Corp UEI URM8YYHQMLG3
- Awarding agency
-
Atlanta Operations Branch
Department of Housing and Urban Development
- Task orders
- 3 $26,864,494 obligated
Award facts
- Opportunity
-
- 3. 12 field service management services Pre-Solicitation · 86544B19R00002 · Posted Mar 26, 2019
- Combined order value
- $30,826,322 Current and potential, with all options
- Last date to order 99% complete
- IDV ceiling 46% used
- $58,570,804.00
- 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 · 3 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 a single-award Indefinite Delivery Contract to 24 Asset Management Corp on November 2, 2023, for field service management services in Area 3S/5S with a ceiling of $58,570,804.
24 Asset Management Corp is a minority-owned, Hispanic American-owned small business. Place of performance is Olympia Heights, Florida. The IDIQ procures comprehensive property management services for HUD's portfolio of real estate owned properties resulting from foreclosures, including property inspections, security services, repairs, utility management, ongoing maintenance, and disposition tracking.
The contract carries a base period of twelve months with four optional twelve-month renewal periods, extending through November 1, 2026. Pricing is firm fixed-price with no small business set-aside designation.
HUD has issued three delivery orders under this IDIQ. The most recent, awarded November 12, 2025, valued $11,072,508 with completion November 21, 2026. A prior order issued November 22, 2024, valued $10,140,684 with completion November 21, 2025. An initial order issued November 22, 2023, valued $9,613,130 with completion November 21, 2024. All delivery orders are performance in Olympia Heights, Florida and are firm fixed-price.
Task orders
| Task order | Ordering agency | Obligated | Awarded |
|---|---|---|---|
| Field service management services area [3S/5S] option 2 task order | Atlanta Operations Branch | $11,072,508 | |
| 86614525F00001 | Atlanta Operations Branch | $6,178,856 | |
| 86614524F00012 | Atlanta Operations Branch | $9,613,130 |
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 86614524D00010?
86614524D00010 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 86614524D00010 worth?
Orders under 86614524D00010 have obligated $26,864,494. Their combined current value, with exercised options, is $30,826,322. 86614524D00010's own ceiling is $58,570,804.
How many orders have been placed under contract 86614524D00010?
3 orders have been placed under 86614524D00010, the latest on November 22, 2025.
Which agency awarded contract 86614524D00010?
Atlanta Operations Branch (Department of Housing and Urban Development) awarded 86614524D00010, with funding from Assistant Secretary for Housing Federal Housing Commissioner (Department of Housing and Urban Development).
Who can order from contract 86614524D00010?
86614524D00010 is a single award indefinite delivery contract. Only the awarding agency can place orders on it.
Was contract 86614524D00010 competed?
The extent of competition for 86614524D00010 was full and open competition. The government received 3 offers.
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