Field service management for area 1D

Ended Indefinite Delivery Contract Awarded Last action

Contract number
86616022D00001
Awardee
Awarding agency
Task orders
1 $0 obligated

Award facts

Opportunity
Last date to order 100% complete
IDV ceiling 0% used
$33,724,953.00
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
531311 Residential Property Managers
Set-aside
No set-aside
Competition
Full and Open Competition · 8 offers Negotiated Proposal / Quote
Pricing
Order Dependent (IDV only)
Legislative mandates

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 24 Asset Management Corp., doing business as Fsr-24 Asset Management, to provide field service management services for HUD's single-family real estate owned property inventory. The contract has a potential value of $33.7M over a base period of performance plus four one-year options running from June 2022 through April 2023. A subsequent $4.89M firm fixed price delivery order was issued for Field Service Management Area 1D, to be performed in Miami, Florida by May 2023.

The original solicitation sought proposals for field service management contracts covering 18 geographic areas nationwide. Services aimed to support HUD's objectives of timely property inspections and documentation, security of properties, cosmetic repairs, payment of homeowner fees, and ongoing maintenance to facilitate disposition from conveyance to sale. Ten small business set-asides were designated under NAICS code 531311 with a size standard of $7.5M. The resultant IDIQ contracts were to have a one-year base period plus four one-year options and utilize hybrid fixed price and cost reimbursement task orders.

Task orders

Task order Ordering agency Obligated Awarded
86616022F00032 Atlanta Operations Branch $0

Quick answers

Who was awarded contract 86616022D00001?

86616022D00001 was awarded to 24 Asset Management Corp by Atlanta Operations Branch (Department of Housing and Urban Development) on June 1, 2022.

How much is contract 86616022D00001 worth?

Orders under 86616022D00001 have obligated $0. 86616022D00001's own ceiling is $33,724,953.

How many orders have been placed under contract 86616022D00001?

1 order has been placed under 86616022D00001, the latest on June 16, 2022.

Which agency awarded contract 86616022D00001?

Atlanta Operations Branch (Department of Housing and Urban Development) awarded 86616022D00001, with funding from Assistant Secretary for Housing Federal Housing Commissioner (Department of Housing and Urban Development).

Who can order from contract 86616022D00001?

86616022D00001 is a single award indefinite delivery contract. Only the awarding agency can place orders on it.

Was contract 86616022D00001 competed?

The extent of competition for 86616022D00001 was full and open competition. The government received 8 offers.

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