Asset management area 4D

Ended Indefinite Delivery Contract Awarded Last action

Contract number
86616021D00011
Awardee
Awarding agency
Task orders
1 $0 obligated

Award facts

Opportunity
  • 86616021R00002 Solicitation number
Last date to order 100% complete
IDV ceiling 0% used
$2,424,308.00
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 · 4 offers Alternative Sources
Pricing
Firm Fixed Price
Legislative mandates

Award details come from SAM.gov/FPDS.

About this IDV

Raine & Company, LLC was awarded an indefinite delivery contract by the Department of Housing and Urban Development to provide asset management services. The contract has a potential value of $2,424,308 and a period of performance through November 30, 2021.

Under the contract, Raine & Company will manage HUD properties located in the Atlanta, Georgia area. Specifically, the company received a $0 firm fixed price delivery order to carry out asset management responsibilities for Area 4D. HUD utilizes indefinite delivery contracts and subsequent delivery orders to efficiently oversee real estate assets assisting low-income families. No set-aside provisions were applied to this award given to a single awardee.

The purpose of this contract is to aid HUD's mission of expanding homeownership opportunities and access to affordable housing free from discrimination. By leveraging private sector expertise, the department aims to properly maintain properties until occupants can transition to sustainable independent living arrangements. Raine & Company's management of assets in the Atlanta region will support this goal through focused stewardship of HUD's real estate portfolio.

Task orders

Task order Ordering agency Obligated Awarded
Asset manager area 4D 86616021F00011 Atlanta Operations Branch $0

Quick answers

Who was awarded contract 86616021D00011?

86616021D00011 was awarded to Raine & Company, LLC by Atlanta Operations Branch (Department of Housing and Urban Development) on June 1, 2021.

How much is contract 86616021D00011 worth?

Orders under 86616021D00011 have obligated $0. 86616021D00011's own ceiling is $2,424,308.

How many orders have been placed under contract 86616021D00011?

1 order has been placed under 86616021D00011, the latest on June 1, 2021.

Which agency awarded contract 86616021D00011?

Atlanta Operations Branch (Department of Housing and Urban Development) awarded 86616021D00011, with funding from Housing Office of Single Family Housing (Department of Housing and Urban Development).

Who can order from contract 86616021D00011?

86616021D00011 is a single award indefinite delivery contract. Only the awarding agency can place orders on it.

Was contract 86616021D00011 competed?

The extent of competition for 86616021D00011 was full and open competition after exclusion of sources. The government received 4 offers.

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