Field service management for area 3A/4A

Ended Indefinite Delivery Contract Awarded Last action

Contract number
86616022D00010
Awardee
Awarding agency
Task orders
1 $0 obligated

Award facts

Opportunity
Last date to order 100% complete
IDV ceiling 0% used
$64,038,533.00
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 · 11 offers Negotiated Proposal / Quote
Pricing
Firm Fixed Price
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 in support of HUD's single-family Real Estate Owned property inventory. The contract has a potential value of $64 million with a period of performance from June 2022 through April 2023. A $10.2 million firm fixed price delivery order was also awarded for Field Service Management of Areas 3A and 4A, to be performed in Miami, Florida through May 2023.

The original solicitation sought proposals for Field Service Management contracts covering 18 geographic areas to service HUD-owned single family properties. Ten opportunities were set aside for small businesses. The Field Service Management requirements aim to ensure property security and maintenance, timely inspections and documentation, payment of homeowner fees, and coordination with HUD contractors and staff to facilitate the disposition of acquired foreclosed properties for sale. The contracts issued will provide property preservation and disposition support services that are crucial to HUD's administration of its single-family mortgage insurance program and management of acquired real estate inventory.

Task orders

Task order Ordering agency Obligated Awarded
Field service management for area 3A/4A task order 86616022F00036 Atlanta Operations Branch $0

Quick answers

Who was awarded contract 86616022D00010?

86616022D00010 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 86616022D00010 worth?

Orders under 86616022D00010 have obligated $0. 86616022D00010's own ceiling is $64,038,533.

How many orders have been placed under contract 86616022D00010?

1 order has been placed under 86616022D00010, the latest on June 17, 2022.

Which agency awarded contract 86616022D00010?

Atlanta Operations Branch (Department of Housing and Urban Development) awarded 86616022D00010, with funding from Assistant Secretary for Housing Federal Housing Commissioner (Department of Housing and Urban Development).

Who can order from contract 86616022D00010?

86616022D00010 is a single award indefinite delivery contract. Only the awarding agency can place orders on it.

Was contract 86616022D00010 competed?

The extent of competition for 86616022D00010 was full and open competition. The government received 11 offers.

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