Housing and Urban Development Award | 86616021D00016 | ASSET MANAGEMENT AREA 5P

86616021D00016 - ASSET MANAGEMENT AREA 5P

Federal Contract Award Search » IDC Award

This IDC contract for Real Estate Services was awarded in FY2021 on May 24, 2021 to RAINE & COMPANY, LLC by Housing. There have been $11.3M in obligations to date with a ceiling value of $11.3M, showing a 100% burn rate so far on the contract. The contract was not competed under any preference program with 4 offers received. We expect a 1 year duration with ultimate completion date of Mar 30, 2022.

RAINE & COMPANY, LLC is a contractor located in GA, doing primarily Real Estate Services work for Housing and Urban Development. 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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Contract Number
86616021D00016
Contractor
RAINE & COMPANY LLC
Obligations to Date
$11.3M
Ceiling Value
$11.3M
Award Date
05/24/2021
Contract Type
IDC
Competition Set Aside Type
No set aside used

Buying Agency/Office
Housing and Urban Development»Housing


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Task Order History

Task Order No. Contractor Obligations Effective Date
86616021F00016 RAINE & COMPANY LLC $421k 05/25/2021
86616021F00002 RAINE & COMPANY LLC $302.2k 07/13/2021
86616021F00001 RAINE & COMPANY LLC $135.6k 07/13/2021
86616021F00003 RAINE & COMPANY LLC $147k 07/14/2021
86614521F00004 RAINE & COMPANY LLC $59k 09/20/2021
86616021F00005 RAINE & COMPANY LLC $79.8k 09/20/2021
86616021F00006 RAINE & COMPANY LLC $42.6k 09/20/2021
86616022F00005 RAINE & COMPANY LLC $938k 11/28/2021
86616022F00007 RAINE & COMPANY LLC $1M 11/29/2021
86616022F00002 RAINE & COMPANY LLC $871.2k 11/29/2021
86616022F00004 RAINE & COMPANY LLC $266.7k 11/29/2021
86616022F00003 RAINE & COMPANY LLC $2.5M 11/30/2021
86616022F00022 RAINE & COMPANY LLC $2.3M 11/30/2021
86616022F00017 RAINE & COMPANY LLC $2.4M 11/30/2021

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