This Government Contract opportunity from Department Of Housing And Urban Development was posted on January 10, 2013. The submission period has ended. Browse the details below for market research, or find similar active opportunities.
Field Service Manager Area 5S- California and Hawaii
Contract Overview
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The Department of Housing and Urban Development awarded an Indefinite Quantity, Fixed-Unit-Rate contract for Field Service Management services in Area 5S, covering California and Hawaii. The primary objective of this contract is the protection and preservation of Real Estate Owned single-family FHA foreclosures. The scope of work includes property inspections, securing and maintaining assets, performing pre-conveyance inspections, and managing the asset disposition process. Specific technical requirements include the elimination of lead-based paint hazards in properties built before 1978, with a stabilization cost threshold of 4,000 dollars, and the use of standardized HUD Property Inspection Reports to evaluate structural integrity and health and safety hazards. The contract structure consists of a base year and four option periods, utilizing a detailed CLIN schedule for property management fees and inspection services. Financial and legal safeguards include the requirement for performance and payment bonds equal to 2 percent of the original contract value and a required line of credit of 500,000 dollars per contract area to ensure financial capability. While most costs are the responsibility of the contractor, certain pass-through expenses such as mold abatement, termite inspections, and vandalism repairs are reimbursable at actual cost with government approval. Rental property management is also governed by strict policies regarding fair market value, non-discrimination, and lead-based paint disclosures.
General Info
Contract Value
$0Place of Performance
GA, USASet-Aside
Awardee
P.K. MANAGEMENT GROUP, INC.Award Issued Date
Documents
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Timeline
Submission Closed
Organization & Contact Information
Full Description
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