HUD 3.5 Asset Management Services (HUD AM)

Ended Master IDIQ Awarded

Federal agency
Awardees
2 across 6 IDV awards
Task orders
37
Obligated
$77,457,313

Vehicle facts

Opportunity
  • RATL02006 Solicitation number
Agency
Combined task order value
  • $81,917,363 Current, with exercised options
  • $105,813,891 Potential, with all options
Last date to order 100% complete
Shared ceiling 48% used
$162,200,000.00

IDV award and task order details come from SAM.gov/FPDS.

About this vehicle

The Department of Housing and Urban Development Housing Office of Single Family Housing awarded HUD 3.5 Asset Management Services, a Master IDIQ with a combined potential value of $162.2 million and a last date to order of May 31, 2018—the ordering period is now closed, having expired over eight years ago. This vehicle is no longer available for new task orders; HUD replaced it with HUD 3.7 Asset Management Services, awarded September 25, 2015.

The vehicle contracted marketing and asset management services supporting HUD's Real Estate Owned single-family property disposition across three geographic regions: Area 1S (Arizona, Idaho, Nevada), Area 2S (Alaska, California, Hawaii, Oregon, Washington), and Area 3D (Iowa, Minnesota, Montana, North Dakota, Nebraska, South Dakota, Wyoming, Wisconsin). Task orders funded activities including property marketing, resale coordination with listing brokers, investor outreach, and interaction with nonprofit housing organizations and government entities at federal, state, and local levels.

From award in September 2013 through the ordering cutoff in May 2018, HUD issued 37 task orders at a steady pace of approximately 6 per year. Competition was tightly concentrated: two primes captured 100% of awards. BLB Resources, Inc. held 19 orders valued at $77.9 million combined potential value, while Chronos Solutions, LLC held 18 orders valued at $27.9 million. Nearly all orders (97%, or 36 of 37) carried no set-aside designation; a single small-business order rounded out the mix. Ordering came from four HUD entities, with the CPO Atlanta Operations Branch placing 19 orders worth $52.8 million combined potential value, followed by the Housing Office of Single Family Housing with 12 orders valued at $22.8 million.

By the last ordering date in May 2018, HUD had obligated $77.5 million of the $105.8 million combined task-order potential value, representing 73% utilization. Task-order ceiling values typically ranged from roughly $340 thousand to $3.5 million, with individual orders structured as firm-fixed-price delivery orders supporting annual or multi-year option periods tied to geographic asset management regions.

Description

The United States Department of Housing and Urban Development (HUD) has awarded a Master IDIQ for all necessary marketing services in support of the Asset Management (AM) requirements for the Home Ownership Centers (HOCs) located in the following three (3) geographical areas: a) Area 1S (Arizona, Idaho and Nevada); b) Area 2S (Alaska, California, Hawaii, Oregon and Washington State) and c) Area 3D (Iowa, Minnesota, Montana, North Dakota, Nebraska, South Dakota, Wyoming and Wisconsin). These services will support the marketing and resale of HUD's Real Estate Owned (REO) single family property inventory within these geographical areas. The requirement will require interaction with existing and future HUD contractors, homebuyers, investors, the real estate industry (including local listing brokers), nonprofit housing and advocacy organizations, Federal, State and local governments and HUD staff.

IDV awards

Latest task orders

Task order Awardee Awarding agency Obligated Last action
Asset manager services area 3S 86544A18F00006 BLB Resources, Inc. Atlanta Operations Branch $341,754
Asset manager services for area 4D. 0005 Chronos Solutions, LLC Atlanta Operations Branch $1,404,063
Exercise option year and task order ($$) to fund OY3/4 under DU204SA-13-d-05… 0004 Chronos Solutions, LLC Atlanta Operations Branch $2,300,923
Asset management services 86544A18F00006 Chronos Solutions, LLC Atlanta Operations Branch $903,870
Task order for 5S & 3P 0005 BLB Resources, Inc. Atlanta Operations Branch $10,204,966
Task order for asset management services for area 5S 003 BLB Resources, Inc. Atlanta Operations Branch $1,199,698
3.5 asset management services, area 3S (arizona) 0005 BLB Resources, Inc. Atlanta Operations Branch $393,838
Task order to fund option year three, area 3S (arizona). 0004 BLB Resources, Inc. Atlanta Operations Branch $729,219
3.5 asset management services 4-month base period 003 BLB Resources, Inc. Atlanta Operations Branch $1,132,500
Incremental funding for option year one. 002 BLB Resources, Inc. Atlanta Operations Branch $1,276,170
Asset management services 86544A18F00006 BLB Resources, Inc. Atlanta Operations Branch $17,802,103
New task order for asset management services 5S 004 BLB Resources, Inc. Atlanta Operations Branch $1,000,000
Asset management services 86544A18F00006 Chronos Solutions, LLC Atlanta Operations Branch $344,612
Asset management services - area 4S (idaho and nevada) santa ANA hoc 005 Chronos Solutions, LLC Atlanta Operations Branch $600,301
Asset management services 005 Chronos Solutions, LLC Atlanta Operations Branch $1,393,266
This realignment task order is being issued to expand the geographic area of… 0003 BLB Resources, Inc. Atlanta Operations Branch $1,000,000
5D 3.5 asset manager task order 004 Chronos Solutions, LLC Atlanta Operations Branch $1,863,763
3.5 asset manager (am) services for area 4S (idaho and nevada)- santa ANA hoc 004 Chronos Solutions, LLC Atlanta Operations Branch $992,236
Asset management services - denver hoc 003 Chronos Solutions, LLC Atlanta Operations Branch $3,075,656
Asset management service (am), area 4S (idaho and nevada) 003 Chronos Solutions, LLC Atlanta Operations Branch $1,217,142
Asset management services (MT, WY, SD, MN) 002 Chronos Solutions, LLC Atlanta Operations Branch $2,420,548
Option period 1 - task order for 3.5 asset manager services (am) in the 4S… 002 Chronos Solutions, LLC Atlanta Operations Branch $1,305,729
Asset management (am) 3.5 area 5S new task order 002 BLB Resources, Inc. Atlanta Operations Branch $1,593,333
Asset management services area 5S 001 BLB Resources, Inc. Atlanta Operations Branch $850,052
3.5 asset management services, 4S (nevada and idaho) 001 Chronos Solutions, LLC Atlanta Operations Branch $120,836
Show 15 more

Latest 25 of 37 listed here. See the rest on GovTribe.

Top awardees by obligations

Rank Awardee Obligated Share
1 BLB Resources, Inc. $50,944,878 66%
2 Chronos Solutions, LLC $26,512,435 34%

Top funding agencies by obligations

Rank Funding agency Obligated Share
1 Department of Housing and Urban Development $77,457,313 100%

Obligations by fiscal year

Fiscal year Obligated
FY2025 -$58,755
FY2023 -$16,000
FY2022 -$39,140,581
FY2021 -$102,591,998
FY2020 -$17,904,620
FY2019 $11,057,366
FY2018 $20,567,067
FY2017 $61,822,685
FY2016 $53,747,605
FY2015 $31,597,886
FY2014 $32,026,553
FY2013 $26,350,105
Show all 12

Quick answers

What is the HUD AM contract vehicle?

HUD 3.5 Asset Management Services (HUD AM) is an indefinite delivery, indefinite quantity (IDIQ) contract vehicle run by Housing Office of Single Family Housing (Department of Housing and Urban Development), awarded on September 30, 2013.

Which companies hold HUD AM?

2 companies hold HUD AM's 6 IDV awards. The latest went to BLB Resources, Inc. on September 30, 2013. The awardees whose task orders obligated the most are BLB Resources, Inc. and Chronos Solutions, LLC.

How much has been spent through HUD AM?

37 task orders have been placed under HUD AM, obligating $77,457,313. Their combined current value, with exercised options, is $81,917,363.

What is the shared ceiling of HUD AM?

HUD AM's shared ceiling is $162,200,000; its task orders have used 48% of it.

Which agencies use HUD AM the most?

The departments whose task orders under HUD AM obligated the most are Department of Housing and Urban Development ($77,457,313).

How much was obligated through HUD AM in fiscal year 2025?

Task orders under HUD AM obligated -$58,755 in fiscal year 2025.

What came before and after HUD AM?

It was followed by HUD 3.7 Asset Management Services (HUD AM).

On GovTribe

See this vehicle's full record

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