The Department of Housing and Urban Development awarded Chronos Solutions, LLC an indefinite delivery contract with a potential value of $2,912,037.20 to provide asset management services. Under the contract, Chronos Solutions has been issued three delivery orders totaling $299,418.10 to manage HUD properties in various regions. The delivery orders require asset management for HUD's Dallas, Texas area through November 2020, Idaho and Nevada through February 2021, and the Dallas area again from June through August 2021. Performance will take place in Coppell, Texas under the terms of the delivery orders. No set-aside designations were applied to the contract or delivery orders. The contract and subsequent delivery orders aim to effectively manage HUD's real estate assets by procuring ongoing asset management services from Chronos Solutions, LLC. The indefinite delivery contract was awarded on June 1, 2020 utilizing the AM 3.5.5.5 SOLE SOURCE BRIDGE 4S major program code. It has a potential value of $2,912,037.20 and a period of performance through May 31, 2021. Subsequent delivery orders awarded to Chronos Solutions include $145,931.74 for HUD's Dallas area through November 2020, $46,148.06 for Idaho and Nevada through February 2021, and $107,338.30 for the Dallas area again from June through August 2021. All delivery orders utilize firm fixed pricing.
Mod # | Description | Reason For Modification | Federal Obligation (Click to sort descending) | Date (Click to sort ascending) |
|---|---|---|---|---|
| P00004 | Exercise an Option | $0 | 2/8/21 | |
| P00003 | Exercise an Option | $0 | 2/2/21 | |
| P00002 | Other Administrative Action | $0 | 1/15/21 | |
| P00001 | Exercise an Option | $0 | 11/18/20 | |
| Not listed | Not listed | $0 | 5/29/20 |
Name | Description | Awardee | Potential Value (Click to sort descending) | Award Date (Click to sort descending) | Completion Date (Click to sort descending) | Updated At (Click to sort descending) |
|---|---|---|---|---|---|---|
Delivery Order 86616020D00001-86616020F00001 | Chronos Solutions, LLC | $145.9k | 6/1/20 | 11/30/20 | 7/21/23 | |
Delivery Order 86616020D00001-86616021F00010 | Chronos Solutions, LLC | $107.3k | 2/9/21 | 6/30/21 | 7/24/23 | |
Delivery Order 86616020D00001-86616021F00002 | Chronos Solutions, LLC | $46.1k | 12/1/20 | 2/28/21 | 7/21/23 |