Asset management area 5P
Ended Indefinite Delivery Contract Awarded Last action
- Contract number
- 86616021D00016
- Awardee
-
Raine & Company, LLC UEI WNCDANULC217
- Awarding agency
-
Atlanta Operations Branch
Department of Housing and Urban Development
- Task orders
- 14 $3,907,438 obligated
Award facts
- Opportunity
-
- 86616021R00002 Solicitation number
- Combined order value
- $3,907,438 Current and potential, with all options
- Last date to order 100% complete
- IDV ceiling 38% used
- $10,157,296.00
- 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 · 4 offers Alternative Sources
- Pricing
- Firm Fixed Price
- Legislative mandates
-
- 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 an indefinite delivery contract to Raine & Company, LLC to provide asset management services across multiple areas. Under the contract vehicle, HUD issued eleven firm fixed price delivery orders from June 2021 through March 2022 totaling approximately $24.5 million to Raine & Company for asset management support in Areas 1D, 2D, 3P, 4D, 4P, 5D, and 5P. The delivery orders require Raine & Company to perform asset oversight, portfolio management, and related services for HUD properties located in Atlanta, Georgia and surrounding regions. The contract aims to assist HUD's asset management programs in maintaining and preserving affordable housing stock, consistent with the agency's mission. No subcontractors or set-aside designations were identified in the award documentation. The period of performance for individual delivery orders ranges from approximately two to nine months.
The original solicitation and awarded contract provided an indefinite delivery contract vehicle against which HUD could issue firm fixed price delivery orders for asset management services for a one-year ordering period ending March 2022. The contract established Raine & Company as the prime contractor to perform the services outlined in subsequent delivery orders, such as planning, budgeting, and performance reporting for HUD real estate asset portfolios. Details provided in the task orders indicate services are focused on various HUD regions and asset portfolios.
Task orders
| Task order | Ordering agency | Obligated | Awarded |
|---|---|---|---|
| 86616022F00005 | Atlanta Operations Branch | $364,321 | |
| 86616022F00002 | Atlanta Operations Branch | $217,336 | |
| 86616022F00003 | Atlanta Operations Branch | $791,680 | |
| Asset management services area 2D | Atlanta Operations Branch | $619,462 | |
| 86616022F00017 | Atlanta Operations Branch | $417,527 | |
| Asset management 4P | Atlanta Operations Branch | $246,489 | |
| Am area 5D | Atlanta Operations Branch | $266,722 | |
| Asset management area 1D | Atlanta Operations Branch | $25,091 | |
| Asset management services area 2D | Atlanta Operations Branch | $79,780 | |
| Asset management area 5D task order | Atlanta Operations Branch | $42,624 | |
| 86616021F00003 | Atlanta Operations Branch | $101,870 | |
| Asset manager services area 3P (CT, MN, MA, NH, NJ, NY, RI, VT) | Atlanta Operations Branch | $217,757 | |
| Am 4D DEN | Atlanta Operations Branch | $117,521 | |
| 86616021F00016 | Atlanta Operations Branch | $399,259 |
Show all 14
Transactions
| Action | Obligated | Date |
|---|---|---|
| Other Administrative Action | $0 | |
| Other Administrative Action | $0 | |
| 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 86616021D00016?
86616021D00016 was awarded to Raine & Company, LLC by Atlanta Operations Branch (Department of Housing and Urban Development) on June 1, 2021.
How much is contract 86616021D00016 worth?
Orders under 86616021D00016 have obligated $3,907,438. 86616021D00016's own ceiling is $10,157,296.
How many orders have been placed under contract 86616021D00016?
14 orders have been placed under 86616021D00016, the latest on December 1, 2021.
Which agency awarded contract 86616021D00016?
Atlanta Operations Branch (Department of Housing and Urban Development) awarded 86616021D00016, with funding from Assistant Secretary for Housing Federal Housing Commissioner (Department of Housing and Urban Development).
Who can order from contract 86616021D00016?
86616021D00016 is a single award indefinite delivery contract. Only the awarding agency can place orders on it.
Was contract 86616021D00016 competed?
The extent of competition for 86616021D00016 was full and open competition after exclusion of sources. The government received 4 offers.
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