Asset manager area 5A
Ended Indefinite Delivery Contract Awarded Last action
- Contract number
- 86616021D00007
- Awardee
-
Raine & Company, LLC UEI WNCDANULC217
- Awarding agency
-
Atlanta Operations Branch
Department of Housing and Urban Development
- Task orders
- 4 $703,128 obligated
Award facts
- Opportunity
-
- 86616021R00002 Solicitation number
- Combined order value
- $703,128 Current and potential, with all options
- Last date to order 100% complete
- IDV ceiling 26% used
- $2,739,302.00
- 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
- 531390 Other Activities Related to Real Estate
- Set-aside
- No set-aside
- Competition
- Full and Open Competition after exclusion of sources · 5 offers Alternative Sources
- Pricing
- Firm Fixed Price
- Legislative mandates
-
- Clinger-Cohen Act FAR part 39
- 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 awarded a single award Indefinite Delivery Contract to Raine & Company, LLC to provide asset management services across multiple areas in Atlanta, Georgia. Under the contract vehicle, four firm fixed price delivery orders were issued totaling $2,739,302 to procure asset management services in Areas 4A, 5A, and a separate order for Area 4A in Kentucky. Performance will take place in Atlanta from June 2021 through March 2022. No set-asides were applied to the awards.
The delivery orders appear aimed at procuring asset management oversight and advisory services for HUD properties in specified regions. Given HUD's mission includes administering housing assistance programs and community development grants, the contracted services likely involve monitoring and maintaining quality and compliance of HUD-supported housing inventory. The use of multiple orders under a single award IDC suggests an ongoing need for regional asset management across HUD's real estate portfolio requiring dedicated contractors. Raine & Company, LLC will serve as the prime provider for the services to assist HUD in meeting its objectives.
Task orders
| Task order | Ordering agency | Obligated | Awarded |
|---|---|---|---|
| Asset management services area 5A | Atlanta Operations Branch | $186,806 | |
| 86616022F00002 | Atlanta Operations Branch | $297,277 | |
| Asset manager services ATL 4A-in-KY | Atlanta Operations Branch | $120,134 | |
| Asset management services area 5A | Atlanta Operations Branch | $98,912 |
Transactions
| Action | Obligated | Date |
|---|---|---|
| Other Administrative Action | $0 | |
| Other Administrative Action | $0 | |
| Other Administrative Action | $0 | |
| Other Administrative Action | $0 | |
| Supplemental Agreement for work within scope | $0 | |
| Original award | $0 |
Quick answers
Who was awarded contract 86616021D00007?
86616021D00007 was awarded to Raine & Company, LLC by Atlanta Operations Branch (Department of Housing and Urban Development) on June 1, 2021.
How much is contract 86616021D00007 worth?
Orders under 86616021D00007 have obligated $703,128. 86616021D00007's own ceiling is $2,739,302.
How many orders have been placed under contract 86616021D00007?
4 orders have been placed under 86616021D00007, the latest on December 1, 2021.
Which agency awarded contract 86616021D00007?
Atlanta Operations Branch (Department of Housing and Urban Development) awarded 86616021D00007, with funding from Assistant Secretary for Housing Federal Housing Commissioner (Department of Housing and Urban Development).
Who can order from contract 86616021D00007?
86616021D00007 is a single award indefinite delivery contract. Only the awarding agency can place orders on it.
Was contract 86616021D00007 competed?
The extent of competition for 86616021D00007 was full and open competition after exclusion of sources. The government received 5 offers.
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