Indefinite Delivery Contract 86616024D00016
Active Awarded Last action
- Contract number
- 86616024D00016
- Awardee
-
Raine & Company, LLC UEI WNCDANULC217
- Awarding agency
-
Atlanta Operations Branch
Department of Housing and Urban Development
- Task orders
- 3 $9,626,635 obligated
Award facts
- Opportunity
-
- 3. 9 Asset Manager Solicitation · 86544A19R00003 · Posted Oct 18, 2018
- Combined order value
- $9,626,635 Current and potential, with all options
- Last date to order 69% complete
- IDV ceiling 52% used
- $18,431,749.80
- 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 · 13 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 a single-award Indefinite Delivery Contract to Raine & Company, LLC, a woman-owned, economically disadvantaged women-owned small business, on September 27, 2024, with a ceiling value of $18,431,749.80 and a Total Small Business set-aside. The contract is designated for Asset Management Services Area 4S/6S and performs at Atlanta, Georgia. The IDIQ has a base performance period through September 26, 2027.
The originating solicitation, posted October 18, 2018, with a due date of April 19, 2021, sought comprehensive asset management services for HUD's multifamily housing portfolio, including financial reporting, regulatory compliance monitoring, property inspections, budgeting, and disposition assistance. Two delivery orders have been issued under this IDIQ. A firm fixed-price delivery order was issued September 30, 2024, with a ceiling of $2,905,667.60 and final completion September 29, 2025, covering asset management services for Areas 4S and 6S; this order carried no set-aside designation. A subsequent firm fixed-price delivery order was issued September 30, 2025, with a ceiling of $2,717,258.00 and final completion September 29, 2026, also for Areas 4S and 6S asset management; this order maintained the Total Small Business set-aside. Performance occurs in the Atlanta metropolitan region supporting HUD's affordable housing preservation mission.
Task orders
| Task order | Ordering agency | Obligated | Awarded |
|---|---|---|---|
| Area 4S_6S asset manager services | Atlanta Operations Branch | $4,003,710 | |
| Asset management services area 4S 6S | Atlanta Operations Branch | $2,717,258 | |
| Asset management (am) services area 4S/6S | Atlanta Operations Branch | $2,905,668 |
Transactions
| Action | Obligated | Date |
|---|---|---|
| Exercise an Option | $0 | |
| Other Administrative Action | $0 | |
| Exercise an Option | $0 | |
| Other Administrative Action | $0 | |
| Other Administrative Action | $0 | |
| Original award | $0 |
Quick answers
Who was awarded contract 86616024D00016?
86616024D00016 was awarded to Raine & Company, LLC by Atlanta Operations Branch (Department of Housing and Urban Development) on September 27, 2024.
How much is contract 86616024D00016 worth?
Orders under 86616024D00016 have obligated $9,626,635. 86616024D00016's own ceiling is $18,431,750.
How many orders have been placed under contract 86616024D00016?
3 orders have been placed under 86616024D00016, the latest on August 13, 2026.
Which agency awarded contract 86616024D00016?
Atlanta Operations Branch (Department of Housing and Urban Development) awarded 86616024D00016, with funding from Assistant Secretary for Housing Federal Housing Commissioner (Department of Housing and Urban Development).
Who can order from contract 86616024D00016?
86616024D00016 is a single award indefinite delivery contract. Only the awarding agency can place orders on it.
Was contract 86616024D00016 competed?
The extent of competition for 86616024D00016 was full and open competition after exclusion of sources. The government received 13 offers. It was set aside: Total Small Business.
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