HUD 3.5 Asset Management Services (HUD AM)
Ended Master IDIQ Awarded
- Federal agency
-
Housing Office of Single Family Housing
- Awardees
- 2 across 6 IDV awards
- Task orders
- 37
- Obligated
- $77,457,313
Vehicle facts
- Opportunity
-
- RATL02006 Solicitation number
- Agency
-
- Housing Office of Single Family Housing Department of Housing and Urban Development
- 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
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
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