DU204SB15D08 - 3.7 ASSET MANAGEMENT (AM) SERVICES 2D KS,MO,OK,AR,...
Federal Contract Award Search » IDC Award
This IDC contract for Real Estate Services was awarded in FY2015 on Sep 25, 2015 to MATT MARTIN REAL ESTATE MANAGEMENT LLC by Housing and Urban Development. There have been $16.5M in obligations to date with a ceiling value of $140.1M, showing a 12% burn rate so far on the contract. The contract was not competed under any preference program with 11 offers received. We expect a 5 year duration with ultimate completion date of May 30, 2020.
MATT MARTIN REAL ESTATE MANAGEMENT LLC is a contractor located in TX, doing primarily Facility Related Services > Facilities Repair work for Justice. The company receives $4.7M annually in federal awards (as of FY2020). Also, they have shown success winning No/Limited Bias contracts concentrated mainly on a singular customer focused portfolio.
The Federal Government competes and awards an Indefinite Delivery Contract (IDC) to support requirements where the quantity and time of delivery are unknown. Typically referred to as Indefinite Delivery-Indefinite Quantity (IDIQ) contracts, the Government has the option of awarding a single or multiple award IDIQ. Once awarded, an IDIQ acts as a master agreement between the Federal Government and one or more contractors. On an as-needed basis, Federal buying organizations place orders, commonly referred to as Task Orders against an IDIQ, to purchase goods or services available through the IDIQ.
- Contract Number
- DU204SB15D08
- Contractor
- MATT MARTIN REAL ESTATE LLC
- Obligations to Date
- $16.5M
- Ceiling Value
- $140.1M
- Award Date
- 09/25/2015
- Contract Type
- IDC
- Competition Set Aside Type
- No set aside used
- Buying Agency/Office
- Housing and Urban Development
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Task Order History
| Task Order No. | Contractor | Obligations | Effective Date |
|---|---|---|---|
| 001 | MATT MARTIN REAL ESTATE LLC | $742.3k | 09/25/2015 |
| 002 | CHRONOS SOLUTIONS, LLC | $4.3M | 05/03/2016 |
| 0003 | CHRONOS SOLUTIONS, LLC | $3.6M | 05/31/2017 |
| 86544A18F00004 | CHRONOS SOLUTIONS, LLC | $3M | 05/25/2018 |
| 86614519F00005 | CHRONOS SOLUTIONS, LLC | $1.1M | 05/24/2019 |
| 86614520F00006 | CHRONOS SOLUTIONS, LLC | $1.4M | 11/19/2019 |
| 86614520F00010 | CHRONOS SOLUTIONS, LLC | $1.6M | 05/22/2020 |
| 86614520F00019 | CHRONOS SOLUTIONS, LLC | $0.00 | 05/22/2020 |
| 86614520F00025 | CHRONOS SOLUTIONS, LLC | $641.4k | 05/29/2020 |
