DU208WR16D01 - PROPERTY MANAGEMENT AND TENANT RELOCATION

This IDC contract for Logistics > Transportation and Logistics Services, Business Admin Services was awarded in FY2016 on Jul 19, 2016 to LEUMAS RESIDENTIAL LLC by HUD Office of the Chief Procurement Officer. There have been $23M in obligations to date with a ceiling value of $23.2M, showing a 99% burn rate so far on the contract. The contract was competed under 8a Competed preference program with 7 offers received. We expect a 6 year duration with ultimate completion date of Jan 30, 2022.

LEUMAS RESIDENTIAL LLC is a contractor located in VA, doing primarily Business Admin Services work for Housing and Urban Development. The company receives $8.7M annually in federal awards (as of FY2020). Also, they have shown success winning IDC 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.

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Buying Agency/Office

Housing and Urban Development»HUD Office of Administration»HUD Office of the Chief Procurement Officer

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