Asset management services area 3P
Active Indefinite Delivery Contract Awarded Last action
- Contract number
- 86616024D00013
- Awardee
-
Raine & Company, LLC UEI WNCDANULC217
- Awarding agency
-
Atlanta Operations Branch
Department of Housing and Urban Development
- Task orders
- 3 $10,515,105 obligated
Award facts
- Opportunity
-
- 3. 9 Asset Manager Solicitation · 86544A19R00003 · Posted Oct 18, 2018
- Combined order value
- $10,515,105 Current and potential, with all options
- Last date to order 69% complete
- IDV ceiling 34% used
- $30,828,815.20
- 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
- Total Small Business
- Competition
- Full and Open Competition after exclusion of sources · 12 offers Negotiated Proposal / Quote
- Pricing
- Firm Fixed Price
- Legislative mandates
-
- Walsh-Healey Public Contracts Act FAR subpart 22.6
- Service Contract Act FAR subpart 22.10
- 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 Assistant Secretary for Housing Federal Housing Commissioner awarded an Indefinite Delivery Contract to Raine & Company, LLC, a total small business set-aside, with a ceiling of $30,828,815.20 and an award date of September 27, 2024. This is a single-award IDIQ with an ultimate completion date of September 26, 2027.
Raine & Company is a minority-owned, self-certified small disadvantaged business and economically disadvantaged women-owned small business located in Atlanta, Georgia. Place of performance is Atlanta, Georgia.
The contract provides comprehensive asset management services for HUD's multifamily housing portfolios, including financial reporting, regulatory compliance monitoring, property inspections, budgeting, and disposition assistance for federally-owned and subsidized housing assets across designated geographic regions.
Two delivery orders have been issued under this IDIQ. On September 30, 2024, a $4.8 million delivery order was issued for asset management services in Area 3P covering Connecticut, Maine, Massachusetts, New Hampshire, New Jersey, New York, and Rhode Island, with completion by September 29, 2025. On September 30, 2025, a $3.75 million delivery order was issued for asset management services in Area 3P with completion by September 29, 2026. Both orders are firm fixed price with place of performance in Atlanta, Georgia.
Task orders
| Task order | Ordering agency | Obligated | Awarded |
|---|---|---|---|
| Am 3P asset management services option 2 task order | Atlanta Operations Branch | $1,950,052 | |
| 86616025F00007 | Atlanta Operations Branch | $3,750,521 | |
| Asset management area 3P | Atlanta Operations Branch | $4,814,531 |
Transactions
| Action | Obligated | Date |
|---|---|---|
| Exercise an Option | $0 | |
| Other Administrative Action | $0 | |
| Exercise an Option | $0 | |
| Exercise an Option | $0 | |
| Other Administrative Action | $0 | |
| Other Administrative Action | $0 | |
| Original award | $0 |
Quick answers
Who was awarded contract 86616024D00013?
86616024D00013 was awarded to Raine & Company, LLC by Atlanta Operations Branch (Department of Housing and Urban Development) on September 27, 2024.
How much is contract 86616024D00013 worth?
Orders under 86616024D00013 have obligated $10,515,105. 86616024D00013's own ceiling is $30,828,815.
How many orders have been placed under contract 86616024D00013?
3 orders have been placed under 86616024D00013, the latest on August 13, 2026.
Which agency awarded contract 86616024D00013?
Atlanta Operations Branch (Department of Housing and Urban Development) awarded 86616024D00013, with funding from Assistant Secretary for Housing Federal Housing Commissioner (Department of Housing and Urban Development).
Who can order from contract 86616024D00013?
86616024D00013 is a single award indefinite delivery contract. Only the awarding agency can place orders on it.
Was contract 86616024D00013 competed?
The extent of competition for 86616024D00013 was full and open competition after exclusion of sources. The government received 12 offers. It was set aside: Total Small Business.
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