HUD awards $18M for Field Service Management in Pennsylvania over 6 years under full and open competition
Contract Overview
Contract Amount: $17,975,508 ($18.0M)
Contractor: Asset Management Specialists LLC
Awarding Agency: Department of Housing and Urban Development
Start Date: 2010-06-01
End Date: 2016-10-21
Contract Duration: 2,334 days
Daily Burn Rate: $7.7K/day
Competition Type: FULL AND OPEN COMPETITION
Number of Offers Received: 12
Pricing Type: FIRM FIXED PRICE
Sector: Other
Official Description: FIELD SERVICE MANAGER (FSM) M&M III-CONTRACT AREA 3D-1
Place of Performance
Location: LEVITTOWN, BUCKS County, PENNSYLVANIA, 19057
Plain-Language Summary
Department of Housing and Urban Development obligated $18.0 million to ASSET MANAGEMENT SPECIALISTS LLC for work described as: FIELD SERVICE MANAGER (FSM) M&M III-CONTRACT AREA 3D-1 Key points: 1. The contract value of $17.98M over 6 years suggests a moderate annual spend for property management services. 2. Full and open competition was utilized, indicating a potentially competitive bidding process. 3. The contract was awarded as a definitive contract, implying a single, established agreement. 4. The absence of small business set-aside flags this contract as not specifically targeting small businesses.
Value Assessment
Rating: fair
The contract value of $17.98M over 6 years averages approximately $3M annually. Benchmarking against similar residential property management contracts would be necessary to fully assess value, but this appears within a reasonable range for large-scale management.
Cost Per Unit: N/A
Competition Analysis
Competition Level: full-and-open
The contract was awarded under full and open competition, suggesting multiple bidders were allowed to participate. This method generally promotes price discovery and can lead to more competitive pricing.
Taxpayer Impact: The use of full and open competition is generally favorable for taxpayers as it aims to secure the best value through market forces.
Public Impact
Ensures maintenance and management of residential properties, impacting housing quality for residents. Supports the Department of Housing and Urban Development's mission to create strong, sustainable communities. The duration of the contract (over 6 years) suggests a long-term need for these services.
Waste & Efficiency Indicators
Waste Risk Score: 50 / 10
Warning Flags
- Lack of small business participation noted.
- Contract duration may warrant review for potential efficiencies.
- Specific performance metrics and outcomes not detailed in provided data.
Positive Signals
- Utilized full and open competition.
- Awarded as a definitive contract, indicating a clear agreement.
- Firm Fixed Price contract type can provide cost certainty.
Sector Analysis
This contract falls within the professional services sector, specifically related to property management. Annual spending benchmarks for similar federal property management contracts would provide further context for the $3M average annual spend.
Small Business Impact
The data indicates this contract was not set aside for small businesses (ss=false, sb=false). This means opportunities for small businesses were not specifically prioritized in the procurement process.
Oversight & Accountability
The definitive contract award suggests a structured process. Oversight would typically involve monitoring contractor performance against contract requirements and ensuring compliance with federal regulations.
Related Government Programs
- Residential Property Managers
- Department of Housing and Urban Development Contracting
- Department of Housing and Urban Development Programs
Risk Flags
- Lack of small business participation.
- Long contract duration without clear performance review points.
- Limited information on specific service delivery metrics.
- Potential for cost overruns if not tightly managed.
Tags
residential-property-managers, department-of-housing-and-urban-developm, pa, definitive-contract, 10m-plus
Frequently Asked Questions
What is this federal contract paying for?
Department of Housing and Urban Development awarded $18.0 million to ASSET MANAGEMENT SPECIALISTS LLC. FIELD SERVICE MANAGER (FSM) M&M III-CONTRACT AREA 3D-1
Who is the contractor on this award?
The obligated recipient is ASSET MANAGEMENT SPECIALISTS LLC.
Which agency awarded this contract?
Awarding agency: Department of Housing and Urban Development (Department of Housing and Urban Development).
What is the total obligated amount?
The obligated amount is $18.0 million.
What is the period of performance?
Start: 2010-06-01. End: 2016-10-21.
What were the key performance indicators (KPIs) used to evaluate the contractor's performance throughout the contract's duration?
The provided data does not detail the specific Key Performance Indicators (KPIs) used for this contract. Typically, for Field Service Management, KPIs would include metrics related to response times for maintenance requests, property condition assessments, tenant satisfaction, and adherence to budget. A thorough review of the contract documentation would be required to identify these specific measures.
How did the pricing compare to other similar contracts awarded by HUD or other federal agencies during the same period?
Without access to a comprehensive database of comparable federal contracts for residential property management during 2010-2016, a direct pricing comparison is difficult. However, the annual average of approximately $3M suggests a significant scale of operations. Further analysis would require benchmarking against contracts with similar scope, geographic coverage, and service requirements.
What was the primary driver for awarding a definitive contract rather than multiple task orders under a broader agreement?
A definitive contract is typically used when the scope of work is well-defined and the duration is substantial, as seen here (over 6 years). This suggests HUD had a clear, long-term need for consistent field service management across a specific area, making a single, comprehensive contract more efficient than managing multiple task orders.
Industry Classification
NAICS: Real Estate and Rental and Leasing › Activities Related to Real Estate › Residential Property Managers
Product/Service Code: MAINT, REPAIR, ALTER REAL PROPERTY › MAINT, ALTER, REPAIR BUILDINGS
Competition & Pricing
Extent Competed: FULL AND OPEN COMPETITION
Solicitation Procedures: NEGOTIATED PROPOSAL/QUOTE
Offers Received: 12
Pricing Type: FIRM FIXED PRICE (J)
Evaluated Preference: NONE
Contractor Details
Address: 2021 HARTEL ST, LEVITTOWN, PA, 19057
Business Categories: Category Business, Corporate Entity Not Tax Exempt, Not Designated a Small Business, Special Designations, U.S.-Owned Business
Financial Breakdown
Contract Ceiling: $17,975,508
Exercised Options: $17,975,508
Current Obligation: $17,975,508
Contract Characteristics
Commercial Item: COMMERCIAL ITEM PROCEDURES NOT USED
Timeline
Start Date: 2010-06-01
Current End Date: 2016-10-21
Potential End Date: 2016-10-21 00:00:00
Last Modified: 2016-10-21
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