Indefinite Delivery Contract 86616024D00006

Active Awarded Last action

Contract number
86616024D00006
Awardee
Awarding agency
Task orders
3 $10,031,638 obligated

Award facts

Opportunity
Combined order value
$10,031,638 Current and potential, with all options
Last date to order 69% complete
IDV ceiling 46% used
$21,913,145.70
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
Set-aside
Total Small Business
Competition
Full and Open Competition after exclusion of sources · 16 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, through the Assistant Secretary for Housing Federal Housing Commissioner, awarded a Total Small Business set-aside indefinite-delivery contract to Raine & Company, LLC on September 27, 2024, with a ceiling value of $21,913,145.70 and an ultimate completion date of September 26, 2027. This is a single-award IDIQ.

Raine & Company, LLC is a minority-owned, self-certified small disadvantaged business and woman-owned business located in Atlanta, Georgia. Place of performance is Atlanta, GA.

The IDIQ procures asset management services for HUD's multifamily housing portfolio in Areas 3A and 4A, including financial reporting, regulatory compliance monitoring, property inspections, budgeting, and disposition assistance for federally-owned and subsidized housing assets.

The originating solicitation was posted on October 18, 2018, with a due date of April 19, 2021.

Two firm fixed-price delivery orders have been issued under this IDIQ. The first, awarded September 30, 2024, carries a ceiling of $3,435,502.40 with performance through September 29, 2025. The second, awarded September 30, 2025, carries a ceiling of $3,025,797.91 with performance through September 29, 2026. Both orders are for asset management services in Areas 3A/4A at the Atlanta location and maintain the Total Small Business set-aside. In fiscal year 2025, Raine & Company self-performed work on the second order, deploying 3.0 FTEs and invoicing $616 thousand.

Task orders

Task order Ordering agency Obligated Awarded
Am ATL 3A/4A task order 86616026F00009 Atlanta Operations Branch $3,570,337
86614525F00023 Atlanta Operations Branch $3,025,798
Area 3A/ 4A asset management services 86616024F00047 Atlanta Operations Branch $3,435,502

Transactions

Action Obligated Date
Exercise an Option P00005 $0
Other Administrative Action P00004 $0
Exercise an Option P00003 $0
Change Order P00002 $0
Other Administrative Action P00001 $0
Original award Asset management services area 3A/4A $0

Quick answers

Who was awarded contract 86616024D00006?

86616024D00006 was awarded to Raine & Company, LLC by Atlanta Operations Branch (Department of Housing and Urban Development) on September 27, 2024.

How much is contract 86616024D00006 worth?

Orders under 86616024D00006 have obligated $10,031,638. 86616024D00006's own ceiling is $21,913,146.

How many orders have been placed under contract 86616024D00006?

3 orders have been placed under 86616024D00006, the latest on August 13, 2026.

Which agency awarded contract 86616024D00006?

Atlanta Operations Branch (Department of Housing and Urban Development) awarded 86616024D00006, with funding from Assistant Secretary for Housing Federal Housing Commissioner (Department of Housing and Urban Development).

Who can order from contract 86616024D00006?

86616024D00006 is a single award indefinite delivery contract. Only the awarding agency can place orders on it.

Was contract 86616024D00006 competed?

The extent of competition for 86616024D00006 was full and open competition after exclusion of sources. The government received 16 offers. It was set aside: Total Small Business.

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