Indefinite Delivery Contract 86614524D00011

Award Date 11/2/23
Last Date to Order 11/1/25
Contracting Federal Agency
Atlanta Operations Branch
Ultimate Awardee
Not listed
Set-Aside Type
No Set-Aside Used
Federal Contract Vehicle
Pricing Type
Firm Fixed Price
Legislative Mandate
Clinger Cohen Act
National Interest Action
None
Award Type
Single
Primary Consortia Member
Not listed
  • 86614524D00011
    Indefinite Delivery Contract
  • 2
    Federal Contract Awards

The Department of Housing and Urban Development (HUD) has awarded an Indefinite Delivery Contract (IDC) to Spectrum Solutions Acquisitions, LLC, a limited liability company, for Field Service Management (FSM) services to support HUD's single-family Real Estate Owned (REO) property inventory. The IDC has a ceiling value of $65,186,567 and a period of performance through November 1, 2025.

Under this IDC, HUD has issued multiple firm fixed-price delivery order contracts to Spectrum Solutions Acquisitions, including a $8,601,662 contract for FSM services in Areas 4S and 6S, with a period of performance through February 15, 2025. The contracted services include property inspections, security, repairs, maintenance, and other property management activities to support HUD's goals of promoting homeownership, preserving communities, and maximizing returns on its foreclosed single-family home inventory. Spectrum Solutions Acquisitions has been awarded several other IDCs by HUD for FSM services, with a combined potential value exceeding $272 million, demonstrating the company's proven track record in delivering these critical services to the agency.

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