Field service management services for area 5A/8A

Ended Indefinite Delivery Contract Awarded Last action

Contract number
86616022D00011
Awardee
Awarding agency
Task orders
1 $0 obligated

Award facts

Opportunity
Last date to order 100% complete
IDV ceiling 0% used
$65,074,077.00
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 · 13 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 for areas 5A and 8A. The contract has a potential value of $65 million with a period of performance from June 2022 to April 2023. A $8.7 million firm fixed price delivery order was also awarded for field service management services in Miami, Florida running from June to May 2023.

The original solicitation sought proposals for field service management services to support HUD's inventory of single-family Real Estate Owned properties across 18 geographic areas. Services include property inspections, security, cosmetic repairs, homeowners association fee payments, and ongoing maintenance to prepare properties for sale. The objective is to efficiently manage acquired foreclosed homes and maximize return to the Federal Housing Administration insurance funds. The North American Industry Classification System code is 531311 for residential property managers, with a small business size standard of $7.5 million. The agency intends to award 11 contracts under this solicitation.

Task orders

Task order Ordering agency Obligated Awarded
86616022F00030 Atlanta Operations Branch $0

Quick answers

Who was awarded contract 86616022D00011?

86616022D00011 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 86616022D00011 worth?

Orders under 86616022D00011 have obligated $0. 86616022D00011's own ceiling is $65,074,077.

How many orders have been placed under contract 86616022D00011?

1 order has been placed under 86616022D00011, the latest on June 17, 2022.

Which agency awarded contract 86616022D00011?

Atlanta Operations Branch (Department of Housing and Urban Development) awarded 86616022D00011, with funding from Assistant Secretary for Housing Federal Housing Commissioner (Department of Housing and Urban Development).

Who can order from contract 86616022D00011?

86616022D00011 is a single award indefinite delivery contract. Only the awarding agency can place orders on it.

Was contract 86616022D00011 competed?

The extent of competition for 86616022D00011 was full and open competition. The government received 13 offers.

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