Justification for Other Than Full and Open Competition

The contract awarded by HUD's Office of Single Family Housing, Office of Asset Management, is designed to extend existing Asset Manager services through a non-competitive process under FAR 6.302-1 to ensure continuity of closing and reconciliation services for properties with contracts ratified as of May 31, 2021. This extension covers multiple designated geographic contract areas across various states and territories, including Illinois, Indiana, Kentucky, North Carolina, South Carolina, Mississippi, Alabama, Tennessee, Georgia, Florida, Puerto Rico, the Virgin Islands, and many others. Importantly, no additional funding is required as the modification applies only to properties assigned to the contractor prior to June 1, 2021, and allows for continued service provision through June 30, 2021. The contract justification emphasizes the need for a single responsible source to provide these essential services without delay, maintaining asset management continuity across a broad range of contract areas. The solicitation under NAICS code 531390, managed by the Department of Housing and Urban Development's Atlanta Operations Branch, ensures that asset management activities critical to property closure and financial reconciliation continue seamlessly within the stipulated timeframe. Point of contact information and further details are provided for interested parties to facilitate communication and oversight.