Spectrum Solutions Acquisitions, LLC

Spectrum Solutions Acquisitions, LLC, a for-profit limited liability company based in South Salt Lake, Utah, operates as a prime contractor delivering field service management for the U.S. Department of Housing and Urban Development's single-family Real Estate Owned foreclosed property inventory. The vendor competes in full-and-open procurement with no SBA set-aside designations across its entire federal footprint, holding four single-award indefinite-delivery contracts with HUD covering geographic Areas 2D, 4S, and 6S, with combined potential value exceeding $272 million.

Spectrum Solutions' capability portfolio is singular in scope and customer concentration. The firm provides comprehensive field service management for HUD foreclosed properties, including property inspections, security measures, cosmetic repairs, homeowners association and utility fee payments, ongoing maintenance, and disposition tracking to support HUD's goal of maximizing returns on its property inventory while preserving community stability. Work is performed entirely in South Salt Lake, Utah, under NAICS 531311 (Residential Property Managers) and PSC code for Maintenance of Other Residential Buildings. Representative delivery orders include a $9.09 million firm fixed-price task order issued February 16, 2026, for Areas 4S and 6S field service management with ultimate completion February 15, 2027; a $12.09 million delivery order awarded January 6, 2026, for Area 2D services completing February 15, 2027; and a $13.9 million Area 2D delivery order awarded January 31, 2025, completing February 15, 2026. All work is unset-aside full-and-open competition.

Customer concentration is absolute: the Department of Housing and Urban Development accounts for 100% of the 12 awards in the vendor's portfolio, with 100% of combined potential value ($342.2 million). The vendor's four parent vehicles split across two active IDCs — the $87.9 million Area 2D IDIQ (November 1, 2023 award, November 1, 2026 completion) and the $65.2 million Areas 4S/6S IDIQ (November 2, 2023 award, November 1, 2026 completion) — with three delivery orders against the Area 2D vehicle ($36.1 million combined potential value) and three against Areas 4S/6S ($23.3 million). Two earlier IDCs, awarded June 2022, have largely completed their periods of performance.

Activity has remained flat at two awards per year from 2023 through 2026, with the vendor obligating $59.4 million (17% of combined potential value) to date across its portfolio. The recompete cliff is modest: two awards with ultimate completion dates in the next twenty-four months carry combined potential value of $21.2 million. Spectrum Solutions performs all reported work as the prime with no subcontractor engagement; SCI-reported invoiced revenue in FY2024 reached $3.8 million across 6.5 FTEs, reflecting a derived government-paid rate spectrum of $214/hr at the tenth percentile through $315/hr at the ninetieth percentile, with a median of approximately $265/hr. This SCI coverage represents a partial view of the vendor's federal services activity and excludes goods procurement and non-federal revenue.