Asset management services area 5D

Ended Indefinite Delivery Contract Awarded Last action

Contract number
86616020D00002
Awardee
Awarding agency
Task orders
3 $1,000,187 obligated

Award facts

Opportunity
  • 86616020R00002 Solicitation number
Combined order value
$1,000,187 Current and potential, with all options
Last date to order 100% complete
IDV ceiling 26% used
$3,845,470.20
Award type
Single award
Who can order
Only the awarding agency
Funding agency
Housing Office of Single Family Housing Department of Housing and Urban Development
Set-aside
No set-aside
Competition
Full and Open Competition after exclusion of sources · 1 offer Negotiated Proposal / Quote
Pricing
Firm Fixed Price

Award details come from SAM.gov/FPDS.

About this IDV

The Department of Housing and Urban Development awarded an indefinite delivery contract to Chronos Solutions, LLC for asset management services. The contract includes a potential value of $3,845,470.20 over its period of performance from June 2020 to May 2021. Three firm fixed price delivery orders were subsequently issued against the contract, with values of $558,293.36, $198,226.33, and $243,667.59 respectively.

The delivery orders procure asset management services for Housing and Urban Development programs in Area 5D, to be performed by Chronos Solutions in Coppell, Texas. No set-aside designations were applied. The asset management services support HUD's mission of expanding housing opportunities and strengthening communities through programs overseen by the Assistant Secretary for Housing and Federal Housing Commissioner. Details provided indicate the contract and delivery orders were awarded on a sole source basis to leverage an existing acquisition vehicle.

Task orders

Transactions

Action Obligated Date
Exercise an Option P00003 $0
Other Administrative Action P00002 $0
Exercise an Option P00001 $0
Original award $0

Quick answers

Who was awarded contract 86616020D00002?

86616020D00002 was awarded to Chronos Solutions, LLC by Atlanta Operations Branch (Department of Housing and Urban Development) on June 1, 2020.

How much is contract 86616020D00002 worth?

Orders under 86616020D00002 have obligated $1,000,187. 86616020D00002's own ceiling is $3,845,470.

How many orders have been placed under contract 86616020D00002?

3 orders have been placed under 86616020D00002, the latest on March 1, 2021.

Which agency awarded contract 86616020D00002?

Atlanta Operations Branch (Department of Housing and Urban Development) awarded 86616020D00002, with funding from Housing Office of Single Family Housing (Department of Housing and Urban Development).

Who can order from contract 86616020D00002?

86616020D00002 is a single award indefinite delivery contract. Only the awarding agency can place orders on it.

Was contract 86616020D00002 competed?

The extent of competition for 86616020D00002 was full and open competition after exclusion of sources. The government received 1 offer.

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