Asset management services
Ended Indefinite Delivery Contract Awarded Last action
- Contract number
- 86616022D00013
- Awardee
-
Raine & Company, LLC UEI WNCDANULC217
- Awarding agency
-
Atlanta Operations Branch
Department of Housing and Urban Development
- Task orders
- 33 $17,289,808 obligated
Award facts
- Opportunity
-
- 86616022R00006 Solicitation number
- Combined order value
- $14,552,450 Current and potential, with all options
- Last date to order 100% complete
- IDV ceiling 44% used
- $39,444,779.00
- 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
- Not Competed · 1 offer Only One Source
- 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 geographic areas in Atlanta, Georgia. Under the single award contract vehicle valued at $39.4M, Raine & Company serves as the prime contractor on 19 firm fixed price delivery orders totaling $15.3M to manage HUD real estate assets from March 2023 through August 2023 and September 2023 through February 2024. The delivery orders were awarded under the major program codes Asset Management Bridge Contract and various Asset Management Area designations to support HUD's mission of expanding affordable housing opportunities through effective stewardship of its real estate portfolio. Raine & Company will leverage its expertise managing HUD's multifamily housing programs to ensure properties remain viable and affordable long-term. No subcontractors or set-aside designations were specified in the task order awards provided.
The original solicitation sought an contractor to provide comprehensive asset management services for HUD-owned residential properties located across multiple regions in the Atlanta metropolitan area. This included activities such as property inspections, financial reporting, regulatory compliance monitoring, and disposition assistance to help HUD maintain its real estate assets as affordable housing resources and properly exit the portfolio when necessary. The indefinite delivery contract and subsequent firm fixed price delivery orders enable HUD to efficiently obtain these critical services and address issues as they arise nationwide.
Task orders
Show all 33
Transactions
| Action | Obligated | Date |
|---|---|---|
| Other Administrative Action | $0 | |
| Exercise an Option | $0 | |
| Other Administrative Action | $0 | |
| Original award | $0 |
Quick answers
Who was awarded contract 86616022D00013?
86616022D00013 was awarded to Raine & Company, LLC by Atlanta Operations Branch (Department of Housing and Urban Development) on September 1, 2022.
How much is contract 86616022D00013 worth?
Orders under 86616022D00013 have obligated $17,289,808. Their combined current value, with exercised options, is $14,552,450. 86616022D00013's own ceiling is $39,444,779.
How many orders have been placed under contract 86616022D00013?
33 orders have been placed under 86616022D00013, the latest on September 1, 2023.
Which agency awarded contract 86616022D00013?
Atlanta Operations Branch (Department of Housing and Urban Development) awarded 86616022D00013, with funding from Assistant Secretary for Housing Federal Housing Commissioner (Department of Housing and Urban Development).
Who can order from contract 86616022D00013?
86616022D00013 is a single award indefinite delivery contract. Only the awarding agency can place orders on it.
Was contract 86616022D00013 competed?
The extent of competition for 86616022D00013 was not competed. The government received 1 offer.
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